Types of Investor Claims

There are several types of investor claims, scams, misconduct and fraud relating to the financial practices and dealings of stockbrokers, financial managers and investment advisers.

These are claims that relatively few attorneys handle. One of those is Tim Van Eman, of Lamkin, Van Eman, Trimble & Dougherty, LLC, in Columbus. Mr. Van Eman is an experienced lawyer who has handled many investor claims and serves clients throughout Ohio, as well as in other states.

In a broad sense, investor claims can be summarized into the following categories:

Stockbroker Negligence Claims

Stockbrokers and financial advisers do not get a blank check to do anything they want short of outright fraud. To be sure, they have a degree of professional discretion. But when they cross a certain line of self-dealing or carelessness, the law calls for consequences.

Listed below are examples of stockbroker or financial adviser negligence:

  • Negligence
  • Asset allocation
  • Churning
  • Failure to execute
  • Margin trading
  • Over-concentration
  • Unsuitability

Investment Scams And Fraud

What happens when the actions of a financial professional are so egregious that they amount to fraud or other improper forms of wrongdoing? This type of activity can include:

  • Fraud
  • False information
  • Hedge fund fraud
  • Mutual fund fraud
  • Ponzi and pyramid schemes
  • Private placements
  • Subprime litigation and mortgage scams

Breach Of Contract

Contracts between investment professionals and those whose money they manage exist for a reason. The contact is there to set the terms by which the management is to occur. When that does not happen, there may be a breach of the contract. Some examples of this include:

  • Breach of contract
  • Breach of fiduciary duty
  • Conflicts of interest
  • Excessive activity

Taking Action On Your Investor Claim

Did wrongful or negligent conduct by your stockbroker or investment adviser cost you a substantial amount of money? Attorney Tim Van Eman can help you determine whether you have a legal claim for compensation. He has handled many such cases, and serves clients in Ohio, Michigan and other states.

Call toll free at 866-856-0433 or complete the online form to request a free case evaluation.