Excessive buying and selling of stock or other investments in your account without regard to your investment objectives is known as churning. If you believe that you have suffered investment losses due to churning, our lawyers offer a free consultation to review your case and discuss your options.
At The Willeford Law Firm in New Orleans, Louisiana, our lawyers represent investors across the United States who have lost money due to churning and other broker misconduct. We also protect international investors who are protected under U.S. law. We have recovered millions of dollars in losses for our clients.
What Is Churning?
Churning is excessive buying and selling in your investment account for the purpose of generating commissions. Churning may be a violation of SEC and other securities laws. Excessive trading is a similar violation that may be done for reasons other than generating commissions.
For churning or excessive trading to occur, your broker must have control over the investment decisions in your account. This control may be through a formal written agreement or by your reliance on your broker's advice.
Churning or Excessive Trading Review
Our attorneys will conduct a preliminary investment account review to determine whether or not your broker may have engaged in churning or excessive trading. There is no fee for preliminary review.
If we believe you are the victim of stockbroker misconduct, our lawyers will fight to protect your rights. We accept select churning claims on a contingency fee basis.
Securities Lawyers Serving Lafayette and New Orleans
Please contact our New Orleans securities churning attorneys today for a free consultation. We are available to discuss your complex situation at 504-322-1488 or toll free at 877-281-4789. Hablamos español. We also provide interpreters for other languages, as needed.
