As a general rule when recommending and selling a security, brokers and brokerage firms are obligated to fully and fairly disclose all material information about the specific security. You may have arrived at this web page because you believe, suspect or know that a your stockbroker or brokerage firm misrepresented or omitted key information, resulting in significant financial losses to you.
Did Your Stock Broker Misrepresent or Omit Key Information?
Dimond Kaplan & Rothstein, P.A., welcomes your inquiry. We may have a class action lawsuit already underway that you can participate in to address misrepresentations or omissions by your stock broker or brokerage firm. Or we may be able to help you initiate a class action yourself. Contact us to discuss your investment-related losses that can be attributed to misrepresentation or omission of important facts.
What is Full and Fair Disclosure?
Full and fair disclosure means that the broker or brokerage firm must be honest and not make any untrue statements, and they must not omit or leave out any facts necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading. Information is deemed material when a rational investor would consider the facts important in the overall mix of information when deciding whether to purchase or sell the security.
What is Misrepresentation or Omission?
When the misrepresentation or omission is uniform for each investor, such as with a material omission in securities offering documents, a class action lawsuit can be a valid way to pursue claims to recover investment losses resulting from such material omissions.
Schedule a consultation with a securities fraud lawyer at Dimond Kaplan & Rothstein, P.A., by contacting our law firm by phone at 888-578-6255.