All Press Releases for August 22, 2009
Protecting Against Stock Fraud
Securities fraud occurs when deceptive practices and schemes are put into action to cheat and take advantage of investors. Can you say Bernie Madoff? Investors are protected by regulations, rules and laws.
ORLANDO, FL, August 22, 2009 /24-7PressRelease/ -- For the most part, investment losses are the result of market forces and have nothing to do with fraud. Stockbrokers are not psychic and do not guarantee your investments against loss. However, if you suffer a loss due to securities fraud, you should be aware you don't have to suffer your losses in silence. You may be able to recover those losses.
Securities fraud occurs when deceptive practices and schemes are put into action to cheat and take advantage of investors. Can you say Bernie Madoff? Investors are protected by regulations, rules and laws. As an investor, you have certain rights that give you the opportunity to recover your losses from your broker or brokerage firm. Most investors are unaware they have been defrauded until well after the fact.
Stock fraud can involve unauthorized transactions, unsuitable investments, acts of greed, churning, incompetence and negligence by brokers, planners and advisors.
A defrauded investor can not only recover losses but may also recover income their investments may have generated, interest on those losses and legal fees involved in recovering those losses. There are federal and state laws that provide recourse for defrauded investors to help them recover their losses.
Most investment advisor and stockbrokers work diligently for their clients, are honest, and they perform the best job they can for you. They follow the rules and provide valuable knowledge and expertise in their field. As in all things, however, there are those who would take advantage, are unethical, and dishonest. Retirees and senior citizens are often actually targeted by this sector of financial advisors.
Investors must educate themselves and be better informed to protect themselves. Investors should be able to evaluate what is happening in their account and what the next course of action should be.
If you invest in stocks, bonds, mutual funds etc. and you are concerned you may be a victim of securities fraud and you live in the Orlando, Florida area, please visit the website of the personal injury law firm of Orlando's Colling, Gilbert, Wright & Carter today to learn more about what action can be taken on your behalf.
Source: Colling, Gilbert, Wright & Carter
Website: http://www.thefloridafirm.com
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