Brokerage Firm Disputes
Disputes often arise between brokerage firms and their customer relating to, among other things, the unsuitability of investments in relation to a customers desired level of risk, unauthorized trading on an account, trades performed by an unlicensed broker, and excessive trading on an account. Federal and Texas law prohibit a broker from preforming such acts. Additionally, Federal and Texas law impose an obligation on the brokerage firm where the broker is employed to monitor and supervise the broker's conduct. Consequently, the brokerage firm, as well as the broker, may be held liable for the broker's acts.The disputes described above are often required to be brought as an arbitration rather than as a lawsuit filed with a court of law. As such, it is important to retain a lawyer who is familiar with the arbitration process. If you have experienced the problems described above or any similar problems, and would like to retain our services Contact Us.
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