We Represent Financial Victims Of Stockbroker Negligence
Like any professional, a stockbroker has a standard of care. In the case of a stockbroker, he or she should manage your money consistent with all of the facts and circumstances unique to your individual situation. Failing to do so may constitute a breach of the standard of care, or what is commonly known as negligence.
Understanding Standard Of Care For Negligence
To be held liable for negligence, it is not necessary for the broker to have intended the harm or loss. The test is one of foreseeability under the circumstances. If a reasonable, prudent broker would have foreseen the potential for the consequences arising out of such an act and taken reasonable steps to prevent such consequences from occurring, the act can be deemed a negligent one.
Evidence of what the standard of care includes for a stockbroker and investment professional can also be found in federal securities laws and self-regulatory rules by the Financial Industry Regulatory Authority (FINRA) and the New York Stock Exchange (NYSE).
Experienced Legal Assistance
If you have lost money because your stockbroker or investment adviser was negligent, you may have a claim worth pursuing.
Attorney Tim Van Eman with Lamkin, Van Eman, Trimble & Dougherty, LLC, has extensive experience handling these types of matters for those in Columbus and all through Ohio and Michigan.
Learn about the different types of stockbroker negligence in greater detail.
Do You Have Claim? Contact Us Now To Find Out.
Call today to schedule a free case evaluation with Tim Van Eman, an accomplished Ohio financial defense lawyer at 614-360-2706. You can also send a confidential email.