WASHINGTON, Jan. 31, 2018 /PRNewswire/ -- The Wall Street Fraud Watchdog is launching a new initiative designed to ensure a high net worth investor has access to some of the nation's most skilled securities attorneys if the investor's stock broker has been involved in churning the client's account or has been engaged in unauthorized trading. These types of stock broker practices are a significant problem, especially for senior citizens, and the group wants to make certain high net worth victims have proper legal representation. In most instances when the Wall Street Fraud Watchdog hears from a person alleging stock broker misconduct it is from the adult son or daughter of a high net worth individual as opposed to the senior citizen who trusted the stock broker, as the group would like to explain anytime at 866-714-6466. http://WallStreetFraudWatchdog.Com
A few examples of what the Wall Street Fraud Watchdog is talking about:
- A stockbroker at the end of 2017 purchases Crypto Securities related to Bitcoins without authorization and the stock is now down 50%.
- A stockbroker during 2017 purchases shares in a shopping center Real Estate Investment Trust not because it was a great deal for their client - rather because the REIT was offering an 8% commission to the broker.
According to the Wall Street Fraud Watchdog, "We think everyone has heard of the run up of the US Stock Market in the last 14 months. While most long-term investors have enjoyed significant gains during this period of time----what about the investors who did not win? What about high net worth senior citizens whose adult children suddenly realize their parent's account is either down or there has been no increase in value? In many instances the only winner has been the stockbroker. If the adult children of a high net individual suddenly realize their parent's stock broker has been involved in unauthorized stock trading and/or stock portfolio churning, we would encourage the family to call us anytime at 866-714-6466 and we will try to help them.
"The unfortunate reality for a family in this situation is they will need a special type of securities lawyer to assist them get back their money. Victims of unscrupulous stockbrokers do not typically get their day in court - rather they are stuck with a FINRA arbitration panel. Typically, a FINRA arbitration panel is not investor friendly. We are offering to make certain someone who has lost $100,000 or more because of negligence or greed on the part of a stockbroker has access to some of the top securities arbitration attorneys in the nation with the goal being the cheated investor gets all or most of the money back." http://WallStreetFraudWatchdog.Com
For attribution to the spectacular increase in the Dow Jones in the last 14 months please review the CNN Money website: http://money.cnn.com/data/markets/dow/.
Media Contact:
Thomas Martin
866-714-6466
[email protected]
SOURCE Wall Street Fraud Watchdog
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