Securities Fraud, also known as Investment Fraud, is a practice where investors are intentionally deceived and manipulated to part with their money based on either untrue statements or the intentional omission of facts regarding an investment.
Securities fraud can fall into any number of categories, for example, misrepresentation or omission is where the broker intentionally misleads a customer about material facts regarding an investment, or even where a broker knowingly recommends investments that are outside a client's risk tolerance. Generally speaking, securities fraud consists of intentionally deceptive practices by a broker where the investor's financial interests are subtly manipulated to be secondary to the monetary gain of the broker.
If you feel you are a victim of securities fraud, call The Law Firm, at (858) 505-8000, or contact us for a free initial consultation with a Miami attorney.