Broker Theft
Particularly unethical broker-dealers and investment advisers engage in schemes to steal investors’ money in a number of ways, from redirecting funds into sham accounts to convincing investors to sign promissory notes backed by nothing of value, and even going so far as fabricating investment opportunities, complete with fraudulent prospectuses and account statements. The brokerage firms who fail to notice and put an end to such practices carried out their employees can be held liable for losses incurred as the result of negligent supervision.
Contact Rosenberger + Kawabata if you believe a broker-dealer or investment adviser has stolen from you.
