Professional financial advisers and financial consultants regularly encourage customers to rely on them, and trust them. Plainly stated, numerous stockbrokers are worthy of the trust and confidence they cultivate. In that regard, they maintain a deep understanding of the securities they recommend. Plus, they frame their communications in forthright, honest terms. However, as a means of stating the obvious, not all stockbrokers are alike. Some financial advisers possess only a minimal understanding of the securities they tout. If they are given the benefit of the doubt, that shortcoming may be chalked up to simple negligence. Those who design their representations in an intentionally misleading manner cannot be viewed in a light characterized by mere negligence. Fraud is clearly a more appropriate characterization. On a quantitative level, however, these distinctions may arguably be of little consequence. What is the basis for such an observation? Regardless of whether the losses emanating from a given transaction stem from incompetence vs. deceit, the bottom line impact remains constant.
Chris Bebel, a national securities litigation attorney, understands that investors experience the same level of economic pain regardless of whether the money that is lost stems from negligence, as compared to a wholly fraudulent scheme. The monetary effect of stock broker negligence and stock broker fraud is the same. At the same time, it must be understood that the theory of the case must be crafted with care and precision so as to fit the events that actually transpired. To accomplish that objective, investors who have sustained stock market losses should consult with an experienced, knowledgeable securities litigation lawyer. Chris Bebel, a former star attorney at the SEC, is unlike many securities lawyers. In that regard, he pursues securities fraud cases that are filed in court, as well as a securities arbitration setting. Plus, he works within the context of a first rate securities law firm, which significantly heightens his capacity to pursue more intricate cases of financial adviser fraud. If you have lost money in the stock market on account of stock broker malfeasance, reach out to Chris Bebel, a distinguished securities attorney in Texas.
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September 2020
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