We Fight Brokers Who Act in Their Own Best Interests Rather Than Yours Throughout the United States
Churning is a violation of Federal and state securities statutes, industry rules and regulations and a breach of fiduciary duty to investors under common law. Churning occurs when a broker exercises control over the investment decisions in an account and purchases stocks or recommends that you purchase and sell stocks for his benefit, i.e., commissions not yours! Attorney Pearce provides a complete review of your case from his Boca Raton, Florida office in order to determine if excessive trading has taken place and you have a churning claim against your stockbroker.
If sufficient evidence of churning exists to initiate an action against your broker, Mr. Pearce will explain the entire process to you and make sure that you understand what to expect as your case moves forward. The firm will do everything in its power to see that you are fully compensated for your losses.
Representing clients throughout Florida and nationwide.
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We're the Florida Attorneys Who Handle Churning Cases Nationwide
Churning happens when a broker makes an excessive number of trades on an investor's account in order to generate multiple commissions. These trades rarely, if ever, make the investor any money. In fact, the additional commissions raise the break-even point for the investor to the level where the stock must perform at an extremely high level in order for the investor to make any money.
Churning can be detected when the average number of transactions on your account increases suddenly and without explanation. If you suspect that churning or stock fraud may have taken place on your accounts, you should seek the advice of a qualified attorney with knowledge of churning violations as soon as possible. The attorneys at The Law Offices of Robert Wayne Pearce, P.A., represents clients throughout Florida and across the United States who have been the victim of this fraudulent practice.
Schedule Your Free Initial Consultation With a Securities Lawyer Who Helps Victims of Churning Nationally and Internationally
For dedicated representation by a law firm with substantial experience in all kinds of securities, and commodities and investment law disputes, including Churning cases, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. We can also arrange a meeting with you at offices located in Boca Raton, Fort Lauderdale, Miami and West Palm Beach, Florida and elsewhere if we believe you have a viable churning case.
