Arizona Investment Fraud Attorney
There are many different ways a stockbroker or investment adviser can commit securities fraud, from recommending an unsuitable investment to misrepresenting an investment, to stealing from a client. At the law firm of Bade Baskin Richards, our lawyers prosecute and defend claims arising out of alleged violations of federal and state securities laws. From our law office in the Phoenix suburb of Tempe, we serve clients in Arizona and throughout the southwestern United States. Our attorneys are admitted to practice only in Arizona, and we associate with local counsel to handle cases in other jurisdictions.
Examples of securities fraud include:
- Stock churning: Excessive trading to generate fees and commissions
- Unauthorized trading: Unless you have given your stockbroker written permission to trade for you, he or she must get your permission for each trade before making it.
- Misrepresentations and omissions: If a stockbroker is going to sell an investment, he or she must disclose everything about it. If your stockbroker doesn't tell you the truth or leaves things out, he or she could be committing securities fraud.
- Failure to diversify: The market consists of many investment areas, and if your stockbroker fails to advise you to diversify, you could end up paying the price if your investment performs poorly.
- Unsuitable investments: Your stockbroker is required to recommend suitable investments based on your age, risk tolerance and other factors
- Selling away: Your stockbroker cannot sell investments that are not approved by the brokerage firm.
If you are involved in a case where there is or may be a securities or investment fraud claim, your choice an attorney to represent you is one of the most important decisions you will make. Alan Baskin has more than 20 years of securities law experience, including 7 years prosecuting these types of cases administratively, civilly and criminally, first as senior counsel in the Enforcement Section of the Securities Division of the Arizona Corporation Commission, and then as an Assistant Attorney General in the Organized Crime and Fraud Section of the Arizona Attorney General's Office. In addition to arbitration and litigation, Alan handles criminal charges arising from alleged securities fraud. Bill Richards spent 11 years handling securities industry disputes on behalf of several large brokerage firms, and has broadened his practice to include investor representation.
For More Information About Securities Fraud
For more information or to schedule a consultation with Phoenix securities fraud attorney Alan Baskin, call 888-366-1847 or fill out the contact form on this site.
