Financial Planner E&O
Financial planners, investment advisors, trustees, stockbrokers, wealth managers and other investment professionals are not immune from claims made by disgruntled clients. Investors may allege, for example, that investments were unsuitable, portfolios were churned, trades were unauthorized or not executed, facts were not disclosed, high commission products were emphasized, tax advice was improper, due diligence was not performed, and conflicts of interest were not recognized. We challenge these claims with defenses available under the federal and state securities laws and rules, and we do so in FINRA arbitration hearings and also in court proceedings. We marshal evidence of good faith and due diligence, investment suitability, price decline attribution to market forces, absence of reliance or scienter, lack of causation, freedom from fraud, fairness of compensation, immateriality of facts, and other defenses. We also seek to protect the professional’s reputation and license from adverse claim disclosures that may appear in the Central Registration Depository.