What kinds of things could be considered Ohio stockbroker breach of fiduciary duty?

 

A: As with other types of Ohio investment fraud, there are specific elements that are considered to determine if an Ohio stockbroker breached his or her fiduciary duty to a client or investor. Losing money on a financial investment is not enough to bring a successful breach of fiduciary claim.

Instead, your Columbus investment fraud attorney understands that your broker owes you a duty of care and will consider whether:

• The broker acted in good faith.
• The broker put your interests ahead of his or her own interests or the interests of his or her employer.
• The broker acted responsibly and with due care.
• The broker advised you about the potential benefits and risks of the investment.
• The broker kept you informed of all transactions that could affect your financial interests.

If the stockbroker failed to do one or more of these things, then your Columbus investment fraud lawyer will investigate your case and determine whether you have a potential FINRA claim or other legal cause of action.

The Law Firm of Meyer Wilson is the only law firm in Ohio that exclusively represents clients in individual and class-action investor claims. Our experienced Ohio investment fraud lawyers represent Ohio investors in stockbroker mediation, arbitration, and litigation cases.

To find out more about your potential rights and possible recovery, please call us at 1.866.827.6437 for more information and download our free e-book: Five Signs of Investment Fraud and What to Do If It's Happened to You.