Does Your Broker Owe You Money?

by Solin, Daniel R.

• ISBN13: 9780028643908
• ISBN10: 0028643909
• Format: Paperback
• Copyright: 2002-08-01
• Publisher: DK Publishing, Inc.

Summary

They say you only need to trust four people: your shrink, your lawyer, your priest, and your broker. However, many Americans have learned that placing unconditional trust in a broker was a mistake. An unprecedented number of inexperienced investors are now in the market, and many of the staggering losses incurred by them in the last two years were caused by broker fraud. If you lost money, were you a victim of the market, of your own inexperience, or of fraud? Can the law get your money back? In Does Your Broker Owe You Money? securities attorney Daniel Solin describes how the brokerage business works and how unscrupulous brokers profit illegally. Solin explains common forms of broker fraud -- such as churning, frontrunning, and unauthorized trading -- as well as more subtle forms such as inappropriate diversification. In clear terms, he helps you determine if you have a claim. Most important, he outlines what to do next, walking you through the arbitration process -- the means by which most such cases are resolved. Book jacket.

Author Biography

Daniel R. Solin a trial attorney for more than 30 years, has recovered millions of dollars for victims of securities fraud, wrongful employment practices, and environmental pollution. He specializes in representing investors whose savings have been lost by brokers at even the best-known brokerage firms

Table of Contents

Preface	p. xi
Your Broker Just Might Owe You Money	p. 1
You and Your Broker: A Relationship Fraught with Conflicts	p. 19
Ripped Off by Broker Fraud	p. 49
Unsuitability: What's a Good Investment Strategy For You?	p. 85
Boring Theories, Big Bucks	p. 103
The Solin Theories for Recovering Losses from Your Broker	p. 131
Making Your Claim: Alone or with a Lawyer	p. 147
Who Do You Sue?	p. 165
Filings, Discovery, Motions, Negotiations, and Settlements	p. 189
Arbitration Proceedings and Decisions	p. 203
The Final Word	p. 221
Glossary	p. 229
Bibliography	p. 239
NASD Discovery Guide (Appendix A)	p. 245
Investment Policy Statement (Appendix B)	p. 255
Index	p. 265
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