Securities Arbitration Lawyers BlogLawyers Identify Red Flags of Securities Fraud
Frequently, investment and securities fraud cases are only limited by Wall Street’s ability to find new and creative ways to abuse investors.
This type of fraud arises out of allegations that losses are due to misconduct or causes unrelated to market forces and is governed by the Securities Exchange Commission, also known as the SEC.
Attorney Scott Silver, of the Silver Law Group says:
“Securities fraud takes on many different forms. It can either be when a company makes a material misrepresentation or omission about the company itself or when a financial institution makes an unsuitable recommendation to a client, or fails to conduct the necessary due diligence to an investment.”
He continues that there are common red flags of investment or securities fraud that include:
- Investment Guarantees of Principal or Interest;
- Investment Sold Without Prospectus;
- Unfamiliar Custodian of Funds;
- Complex, Difficult to Understand Investment;
- Advisor Without Any Credentials or Licenses;
- Advisor Promotes “His Family Members” Invested;
- Unexpected Contact by Phone or Email; and
- Pressure Sales Tactics.
Silver Law Group represents investors in securities and investment fraud cases. Contact them today for a free consultation to discuss recovery options for your losses. Let Silver Law’s experienced Securities team protect you and your financial future.