Securities Litigation

Lea, Rhine, Rosbrugh & Chleborowicz Senior Partner Joel Rhine noted in Wall Street Journal article for securities litigation against Merrill-Lynch:


Betting the House On the Stock Market

Securities investing and trading is carefully regulated by rules and laws for the protection of public investors. The violation of these rules, particularly through various deceptive actions and schemes to cheat or take advantage of investors, is commonly known as securities fraud. Securities fraud may be committed by:

  • Brokers-dealers (misleading clients or advising based on inside information)
  • Financial advisors or analysts (purposefully offering poor advice or inside information)
  • Corporations (hiding or distorting information)
  • Private investors (acting on inside information) Most investment losses are the result of market forces, trends and factors which have nothing to do with securities fraud

The majority of investment advisors and stockbrokers are honest, decent individuals who follow the rules of the securities industry and provide a valuable service to the public. Unfortunately there are some unethical and dishonest investment advisors and there are some brokerage firms that do not supervise their brokers and accounts as carefully as they are required. If you invest in securities (stocks, bonds, options, limited partnerships, mutual funds, certain commodities, etc.) and you have experienced problems with your investments, your stockbroker or investment advisor, you may be a victim of securities fraud. Most investors who have been defrauded do not know what happened to their investments until it is too late. But even after the losses have occurred, you have certain rights of recourse which you should be aware of which may provide you an opportunity to recover your losses from a stockbroker or brokerage firm. You may also be entitled to compensation for the loss of income that their investments should have been generating, interest on the losses and legal fees. If you can answer yes to any of the following questions, you may have been a victim of securities fraud:

  • Have you been the victim of bad investment advice?
  • Did your stockbroker recommend risky investments without explaining the risks?
  • Did your stockbroker make trades without your understanding or authorization?
  • Did your stockbroker excessively trade your account?

If you or a loved one is in need of legal assistance, call Lea, Rhine, Rosbrugh & Chleborowicz at 910-772-9960 or toll free at 1-866-772-9960 or submit an online questionnaire. A lawsuit must be filed before an applicable expiration date, so please call right away to ensure that you do not waive your right to possible compensation.


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