Securities Fraud Lawyers in Michigan
Securities fraud, also known as stock fraud or investment fraud, occurs when a stockbroker or investment advisor encourages you to buy or sell investments under false, inaccurate, or exaggerated information.
This false information isn’t always verbal.
Sometimes, the false information can be found in the stock broker’s financial statements or in fraudulent reports sent to the federal Securities and Exchange Commission (SEC).
Are you a victim of securities fraud? Unhappy with your current securities fraud attorney? Request a free consultation now.
What Is a Duty of Care and How Does It Apply to You?
Stockbrokers owe a duty of care to all of their customers.
This means they must disclose all important information regarding potential investment purchases.
Stockbrokers must get your written approval before buying or selling any stocks on your behalf, and the failure to do so is illegal.
Also, the entire investment firm owes you a duty of care to properly supervise its employees and to ensure that mismanagement of your funds is not occurring.
The failure to do so is also illegal.
Possible Warning Signs of Securities Fraud
Determining whether or not your stock broker or investment advisor has committed fraud is difficult, but there are warning signs that you can look for.
Some common warning signs include:
- You suddenly lose a large sum of money
- Your broker refuses to return your phone calls
- The market is up but you’re continuously losing money
- Your financial results are very different from the publicly announced expectations
Proving Your Securities Fraud Case
Every fraud case must be articulated very specifically or your case could be dismissed.
To prove fraud, you must show that your stockbroker or investment advisor intentionally made a false statement to you, that you relied on such statement, and then you suffered a financial loss as a result.
If you’re successful, you may be able to recover the money you lost as a result of the fraud.
It’s important to understand that there are strict notice and time limitations in bringing a securities fraud suit and having a securities fraud attorney in Michigan who knows the law is critical.
Are you a victim of securities fraud? Unhappy with your current securities fraud attorney? Request a free consultation now.
Reviews From Our Clients
Bryan Smith
Barton was amazing and I could not have had the positive outcome without his guidance. His team is prompt and great to work with. He even called while out of the country on vacation, which I feel shows he went above and beyond what someone might expect from their attorney. Experienced and cares! I would highly recommend Barton!
Leng T.
Very professional. I came and spoke to Barton Morris about my situation and my case. I asked him if he was willing to help me. He asked about the details and my background and history. He give me a positive confidence he can help me and my odds. His price is reasonable. He’s not one of those hole in the wall lawyers who treat you as a number. You are a human being with a personal life. You treats you as a valued client no matter how big or small the case.
Kelly M.
I had Mike Norman as my lawyer for a case. I just wanted to come on here and thank him for doing his best for me. I am grateful during this stressful time. I’ve used Barton Morris as a lawyer about 11 years ago and he was awesome which is why we came back. I do recommend!
Thomas Smale
Extremely knowledgeable and very helpful when it comes to navigating the complicated nature of cannabis businesses in Michigan. I met with Barton where he answered all my questions about the pre-qualification application, and was prompt in answering subsequent questions through email after the meeting was completed. I certainly plan to continue utilize Barton’;s knowledge in the future.
Marty Upfall
Marty Upfall
Just sitting here on my balcony. A bit chilly but sunny and beautiful. I am ever so grateful to have 100% freedom. Wasn’t sure I would ever meet this day. Hiring you(and your team) was the best decision I have ever made. You are a true master of your trade. As you sit with your beautiful family on Thanksgiving know that this year I am truly thankful of my freedom and the choice to hire Barton Morris. Thanks again. I will never forget what you have done for me.
Phone Number:
(248) 712-1156