Financial Advisor Misconduct

Broker & Financial Advisor Misconduct
Disreputable investment advisors harm clients in a variety of ways. Dozier Law Group helps investors recover substantial losses due to fraud, misrepresentation, account churning and other types of broker misconduct.

Annuity abuses - As a financial product, annuities are not suitable for everyone. Individuals can lose access to assets for years while an annuity matures. However, financial advisors and banks sell these investments to senior citizens under circumstances that are clearly inappropriate. For example, an annuity holder may die long before receiving the monthly payments they were promised as part of the sales presentation.

CMO fraud - Collateralized Mortgage Obligations (CMOs) are a form of mortgage-backed securities. CMO investments are divided into "tranches" or sections of varying risk. Brokers who advise investors to purchase low tranche (high risk) CMOs have lost millions for their clients.

Options are highly leveraged bets on individual movements on securities. Often brokers fail to disclose just how risky options really are. In some cases, as in the selling of "naked puts," the downside risk is unlimited. Multi-million dollar portfolios have been wiped out due to options trading.

Failure to prepare a client for retirement - Investments that appropriate for a 30 year old may be very inappropriate for a retiree or someone about to retire. People have different risk tolerances at various points in their lives. Failure to reallocate assets as someone ages and prepares for retirement is a type of broker misconduct. As you approach retirement, one’s portfolio should be less heavily invested in stocks, which involve higher risk and volatility, and more invested in fixed income investments, which involve less risk and volatility.

To learn more about these and other types of financial fraud, contact Dozier Law Group. If you or a member of your family has lost more than $100,000 due to incompetence or fraud by a financial advisor, call attorney Brad Dozier at (404) 949-5600 for an initial consultation and case evaluation.

Investment Claims & Securities Law | Types of Investment Fraud
Broker & Financial Advisor Misconduct



Dozier Law Group represents clients in and around the Atlanta metro area, including Alpharetta, Fairburn, Roswell, Sandy Springs, Decatur, Lithonia, Druid Hills, Dunwoody, Tucker, Marietta, Smyrna, Vinings, Duluth, Acworth, Fayetteville, Marietta, Kennesaw, Lawrenceville, Norcross, Chamblee, Snellville, Woodstock, Gainesville, Morrow, Carrollton, College Park, Peachtree City, Riverdale, Newnan, Conyers, Covington, Canton, Milton, John's Creek, Stockbridge, McDonough, Douglasville and other cities throughout the state of Georgia.