Recovering Investment Losses from Misappropriation or Unauthorized Trading
If you put your trust and your money with an investment advisor, whether a broker or a financial planner, and that trust was violated by a misappropriation of funds or by the sale or purchase of investments without your permission, you want an experienced attorney to protect your interests and help you get full and fair compensation for your losses. Whether you have lost retirement assets or funds invested for college or other needs, you want a lawyer who understands securities law and who has successfully helped others in similar situations.
Attorneys Daniel R. Whitmore and Allen A. Glass aggressively represent individuals who have suffered financial losses because of misconduct by a financial advisor or broker, including losses resulting from misappropriation or unauthorized trading. We have over 30 years of combined legal and financial experience, including time on Wall Street, with big 5 accounting firm, with the FDIC, the SEC and the Massachusetts state securities division. If you have put your trust in a financial advisor and your trust has been betrayed, we can help. Contact our office or call us at 206-329-8400 for a free initial consultation.
Helping Victims of Broker/Financial Planner Theft or Trading Abuse
We represent individuals in legal action against financial advisors, including stockbrokers and financial planners, based on allegations of unauthorized trading or of theft or misappropriation of funds. We understand that you can feel scared and even ashamed that you put so much trust in your financial advisor. We are here to help.
Fraud or Unauthorized Trading in Your Account
Securities brokers often receive a commission on a trade through your account, whether you are buying or selling an investment. Furthermore, securities firms frequently have internal incentives, whereby higher commissions are charged on certain types of trades. Your broker may believe that it is in your best interests to sell one investment and purchase another, but may do so without contacting you and obtaining your approval.
If you set up an investment account, but did not give your broker authority to make trades without your permission, we will represent you in legal action to recover any losses resulting from unauthorized trades.
Misappropriation of Funds
When you set up an investment account, you turn responsibility and access over to your financial advisor. Even though there are safeguards for preventing theft, situations will arise where your broker or financial planner takes money from your account without permission.
If you have lost investment funds through misappropriation by an investment advisor, you can trust us to help you recover full and fair compensation for your losses.
We take all claims on a contingent fee basis. We will not charge attorney fees unless we recover compensation for your losses.
To schedule a free initial consultation, contact us or call us at 206-329-8400. Our office is open Monday through Friday, from 8:30 am until 5 pm, and evenings and weekends by appointment. We are located near the Fishermen's Terminal in Seattle. We have a Spanish speaking paralegal on site, if necessary.
