If you believe that your broker or advisor has misled or defrauded you, it is important that you act promptly. Even if you have a good relationship with your broker and do not want to interfere with that, often the broker was simply providing information that he or she received from the firm’s research department. By law, brokerage firms are completely responsible for the acts of their brokers, even if they did not know what he or she was saying or selling. Therefore, it is not necessary to name the individual broker in a lawsuit or an arbitration in order to obtain compensation.
It is not necessary to accuse your broker personally nor to find a new broker before seeking legal review and advice. For a free initial consultation, contact Diane Nygaard at (913) 485-5014 or go to the “Contact” page of this website and send an e-mail describing your problem.