Securities fraud happens when investors are given false information by their financial advisors, and when this information is used to make decisions about buying and selling, leading to losses. Fraudulent practices include fraud, churning, unsuitability, and/or negligence. Securities fraud is also known as stock fraud or investment fraud. It violates securities laws and people who have been the targets of such practices do have the right to sue financial advisors. Litigation attorneys can advise and represent them in order to achieve the best possible settlement.
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Securities brokerages operate on a vast scale. As of 2015, the number of securities brokerages in the U.S. was 26,823, with a combined total payroll of $63 Billion. With financi Continue reading