Did your broker make promises to you that they failed to keep? Whether those commitments were made verbally or in writing, you may have a claim for breach of contract.
As a client, you are paying money in exchange for promises from your broker, either written, spoken, or implied. If you believed that your account would be handled in a certain manner and it wasn’t, you may be able to seek damages for breach of contract. Most claims against brokers involve a breach of their New Account Agreement along with other breaches either oral or implied.
Breach of Contract is one of the most common breaches of State Securities Acts. In addition to their agreements with you, your broker has professional obligations through FINRA.
You may be entitled to a claim regardless of whether the breach occurred in writing. The only way to find out if your claim is valid is to speak to a qualified securities lawyer.
Brad Gucciardo and his team can determine if you qualify to make a breach of contract claim – call for a free consultation today.