Churning Lawyer: How to Spot Overbilling and Protect Your Case

AZ Investment Fraud Lawyer

If you’ve recently discovered that your financial advisor has been making excessive trades in your account—trades that seemed to benefit them far more than you—you’re probably feeling a mix of emotions right now. Confusion. Anger. Maybe even embarrassment. You trusted someone with your hard-earned savings, and now you’re wondering how this happened and what you can do about it. First, please know this: you are not alone, and this is not your fault. Finding the right churning lawyer can help you understand your options and potentially recover the money you’ve lost.

What Is Churning, and Why Does It Happen?

Churning is a deceptive practice where a financial advisor or broker makes excessive trades in your account primarily to generate commissions for themselves. Each time they buy or sell an investment on your behalf, they earn a fee. When those trades aren’t in your best interest—when they’re driven by greed rather than sound financial strategy—that’s churning.

It’s a betrayal of trust, plain and simple.

The frustrating part? Churning can be difficult to spot if you’re not reviewing your account statements closely. You might notice your portfolio value declining despite what seemed like an “active” investment strategy. Or perhaps you received statements showing dozens of transactions you never authorized or fully understood.

Here’s the good news: you have rights, and there are legal professionals who specialize in holding these bad actors accountable.

How a Churning Lawyer Can Help You Fight Back

A churning lawyer focuses specifically on investment fraud cases like yours. They understand the complex world of securities law and know exactly how to investigate, document, and pursue claims against dishonest financial advisors and the brokerage firms that employ them.

You don’t need to understand every technical detail. That’s what your legal team is for. Your job is simply to reach out and share your story.

When you work with an experienced churning lawyer, they will:

  • Review your account statements and trading history
  • Calculate the losses caused by excessive trading
  • Identify whether your advisor violated industry rules and regulations
  • Build a strong case to pursue compensation through FINRA arbitration or other legal channels
  • Handle all the complex legal work so you can focus on moving forward

Recognizing the Red Flags of a Bad Financial Advisor

Churning isn’t the only way a financial advisor can take advantage of you. Unfortunately, there are several warning signs that something might be wrong with how your money is being managed:

Unauthorized trades: Transactions appearing in your account that you never approved or discussed.

Unsuitable investments: Being pushed into high-risk investments when you specifically asked for conservative options, especially if you’re nearing retirement.

Illiquid products: Investments like non-traded REITs or private placements that lock up your money for years, often with hidden fees.

Misleading advice: Advisors who downplay risks or make promises that seem too good to be true.

Ponzi schemes and outright fraud: In the worst cases, advisors may be running scams that put your entire savings at risk.

A Story That Might Sound Familiar

Imagine this: Margaret, a 62-year-old retired teacher, trusted her financial advisor to manage her retirement savings. She wanted something safe—something that would provide steady income throughout her golden years. Instead, her advisor made over 150 trades in a single year, each one generating commissions. By the time Margaret noticed her account had lost significant value, she had already paid thousands in hidden fees.

She felt foolish. She wondered if she should have paid closer attention.

But here’s the truth: Margaret did nothing wrong. She trusted a professional, and that professional violated that trust. With the help of a churning lawyer, Margaret was able to recover a substantial portion of her losses and finally get the closure she deserved.

Your story might be different in the details, but the feelings are often the same. And just like Margaret, you deserve to have someone in your corner.

Why Families and Individuals Trust Haselkorn & Thibaut

When you’re dealing with something as personal as your financial security, you want a legal team that truly understands what you’re going through. Haselkorn & Thibaut has built a reputation as a top rated nationwide firm that focuses on investment fraud recovery, including churning cases.

Here’s what sets them apart:

What You Get Why It Matters
Over 50 Years of Combined Experience Decades of knowledge fighting for investors just like you
Millions Recovered for Clients A proven track record of real results for real families
98% Success Rate Confidence that your case is in capable hands
Free Consultation No pressure, no obligation—just honest guidance
No Recovery, No Fee You don’t pay unless we recover money for you

That last point is especially important. Many people hesitate to contact a lawyer because they’re worried about costs. With Haselkorn & Thibaut, there’s no financial risk to you. If they don’t win your case, you owe nothing.

You Deserve Answers—and You Deserve Justice

Taking the first step can feel intimidating. You might be wondering if your case is “serious enough” or if you have enough evidence. Please don’t let those doubts hold you back.

A skilled churning lawyer can evaluate your situation quickly and honestly. They’ll tell you whether you have a viable case and explain exactly what the process looks like. There’s no judgment, no pressure—just straightforward answers from people who genuinely want to help.

Remember: the financial advisors and brokerage firms who engage in churning are counting on you to stay silent. They’re hoping you’ll blame yourself or feel too overwhelmed to take action. Don’t give them that power.

Take the First Step Today

You’ve already shown courage by reading this far and educating yourself about your options. Now it’s time to take the next step.

Call Haselkorn & Thibaut at 1 888-885-7162 for your free, no-pressure consultation. Their compassionate team is ready to listen to your story, answer your questions, and help you understand the path forward.

You trusted someone with your financial future, and they let you down. But you don’t have to face this alone. With over 50 years of combined experience, millions recovered for clients, and a 98% success rate, Haselkorn & Thibaut has the expertise and dedication to fight for what you deserve.

Call today: 1 888-885-7162. Your free consultation is waiting, and so is the peace of mind you deserve.

Disclaimer: The information contained in any post on this website is derived from publicly available sources and is not guaranteed as to accuracy and often involves allegations which may or may not be proven at some point in the future. All posts are believed to be accurate as of the time of original posting, but the accuracy and details are subject to and expected to change over time and which may contain opinions of the author at the time posted.
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