Haselkorn & Thibaut (InvestmentFraudLawyers.com) is actively investigating financial advisors’ sales practices, unsuitable investments, and supervisory practices at Concorde Investment Services. We have received many calls from investors have alleged to be improperly sold investment products that were later found to be unsuitable and high risk. Several have filed lawsuits (FINRA) claims against Concorde to recover losses.

Some of the problem products are GPB Capital Holdings (Under Fraud Investigation), GWG Holdings L Bonds (Filed Bankruptcy), Northstar Income,  real estate investment trusts (REIT), and other private placement investments.

Concorde clients should immediately call 1-800-856-3352 to talk directly to our experienced fraud lawyers for a free confidential portfolio review. There are usually several ways for investors to recover losses, but investors have a limited time to file claims and lawsuits.

Concorde Financial Advisor & Stock Broker Fraud

Stockbroker fraud is a form of securities fraud. Brokers commit crimes by misrepresenting material information to investors or engaging in “selling away” activities that are not approved by the brokerage firm. Some brokers have been accused of selling investments they don’t even own. Fortunately, victims of broker fraud have several options for recovery. Let’s explore some of them. Listed below are a few red flags that may indicate that your broker may be committing stockbroker fraud.

Investments made through a stockbroker should be diversified. If your broker only invests in one or two stocks or a single industry sector, you are putting your investment at risk. If your broker makes you believe that he or she knows inside information about a particular company, you are being duped. A stockbroker who focuses too much of his or her portfolio in just a few stocks is most likely committing stockbroker fraud.

Another type of stockbroker fraud involves the theft of client funds. It’s when stockbrokers use their privileged position to steal money from their clients. They deliberately misappropriate funds from their trading accounts. There are many ways stockbrokers can steal from their clients, and they usually use sophisticated techniques to cover up their fraud. For example, a stockbroker might use bogus account statements to trick investors into thinking that they are making money by offering shares of worthless companies.

There are many different ways to prove that your stockbroker has committed stockbroker fraud. Federal and state securities laws prohibit the sale of fraudulent securities, and a broker who fails to disclose an interest in particular security can face criminal charges and civil suits. These crimes can have serious consequences for the broker, including life in prison. Even more serious, investors who fall prey to stockbroker fraud can lose all their savings if they don’t follow the rules.

Unauthorized trading is a form of stockbroker fraud. A broker cannot trade without the client’s explicit permission. The customer can file a lawsuit against the brokerage firm if he does. If a client loses money from an unauthorized trade, the broker is guilty of stockbroker fraud. However, there are ways to prevent such a scam. The most important thing is to be aware of stockbroker fraud so you don’t fall victim.

Contact a professional attorney for assistance if you believe that your stockbroker has engaged in fraudulent practices. Federal and state laws and regulations apply to stockbroker fraud cases. An experienced attorney can help you build a strong defense and negotiate a favorable plea agreement. These lawyers understand the nuances of the securities industry and the law that governs stockbroker misconduct. They can also help you calculate your losses and provide counsel about your future expectations. If you suspect that your broker is guilty of stockbroker fraud, you can seek legal compensation to recover the damages you have suffered.

Unsuitable Investments at Concorde

When recommending investments to your clients, financial advisors must consider several factors, including their age, financial situation, and tax status. If these factors are not considered, the recommendation could be unsuitable, and it could amount to investment negligence or fraud. In some cases, sales of non-traded REITS or variable annuities may be unsuitable for a conservative investor. Other examples include the sale of options, which are unsuitable for conservative investors.

Unsuitable investments are risk-tolerant

Not all types of investments are suitable for every investor. A person may be risk-intolerant if he or she is on a fixed income or has a low income. Some examples of unsuitable investments include high-risk securities, complex structured products, and Regulation D private placements. Some people are risk-intolerant if they need cash flow on a regular basis. For these people, high-risk investments may not be worth the risk.

They are illiquid

Liquidity is an important factor in suitability. Some investors need high liquidity levels while others do not. Some types of investments are illiquid because they are illiquid, such as real estate and certain types of venture capital investments. However, liquidity is not the only factor in suitability. Investors should consider their own risk tolerance before choosing any investment. In this article, we’ll examine the types of investments that may be illiquid and discuss why liquidity is an important factor to consider when investing.

They are volatile

Market volatility is one of the biggest issues facing investors today. Although market volatility is not a big deal in the short-term, the long-term impacts of a volatile stock market are significant. The average investor is not comfortable with too much volatility, and the impact of volatility on returns depends on several factors. The volatility impact on an investment depends on several factors, including the investor’s age, investment horizon, and risk tolerance. Volatility also has a greater impact in bear markets, and falling returns increase the stress level of investors.

They have a high level of risk

An investment is considered unsuitable if it is not suitable for your goals and situation. Such investments can lock up your assets for a long period of time, offer too little or too high a return, or even cause you to lose money. Brokers are required to carefully analyze investment opportunities before they are recommended. If they fail to do this, they may be held liable for any losses that occur as a result of the investment.

They are a recommendation made by a broker

According to FINRA rules, a broker should not make unsuitable recommendations unless they have a reasonable basis to believe that they are in the best interest of their client. This rule is often ignored, but there is no need to fear it. It is important to understand that not every investment is suitable for every investor. Here are the signs that an investment is not suitable. Listed below are examples of investment recommendations that may be unsuitable.

They are prohibited by FINRA

The investment industry is regulated by FINRA. The agency has strict rules regarding investment advisors, including a prohibition against selling unsuitable investments. In some instances, unsuitable investments can include mutual funds that do not meet the customer’s liquidity needs. FINRA’s definition of a “liquid” investment is one that can be converted to cash without a substantial loss of value. Examples of liquid investments include money market funds, Treasury bills, and most blue-chip stocks, ETFs, and mutual funds.

Concorde clients should immediately call 1-800-856-3352 to talk directly to our experienced fraud lawyers for a free confidential portfolio review. There are usually several ways for investors to recover losses, but investors have a limited time to file claims and lawsuits.