Can an average investor sue a broker with any degree of confidence?
342025
You can not sue a stock broker only submit your claim to arbitration.
455196
Wouldn't it be great to have one broker that does it all? \n\nBut a stock broker doesn't have a license to trade commodities, and vice versa. \n\nAnd wouldn't it be great if you could afford the best in the business, the most advanced technologically, on the cutting edge of online trading? \n\nTerraNova is such a broker. Now you can have your cake and eat it too, and trade anything you wish from one broker, albeit, not from one account. Obviously, the laws cannot be broken. Their subsidiary, or is it parent company, Townsend Electronics, is the one that electronified and digitized the NASDAQ, and I believe they're getting ready to do the American Stock Exchange next.\n\nYou'll be amazed at their trading software. I've been using RealTick for over a year, and still haven't learned how to use all of the features. \n\nIt's all really incredible. I am just a Day Trader in index futures, and have no association with any of these companies, and have nothing to gain by applauding them; they simply deserve the applause, and you should take the opportunity to check them out.
175245
Yes, the money is safe. However, it is in a money market savings account, meaning it is earning a low rate of return compared to other investments (although not necessarily compared to other money market accounts).\n\nThe lawsuit will not endanger any money that you have invested (or are planning to invest) into an Express IRA account. However, you should evaluate whether or not this is a good investment for you.\n\nThe issue that has brought about this lawsuit (other than Attorney General Spitzer's gubernatorial campaign) seems to be the fact that many of these accounts lose money after fees. If your account is (hypothetically) earning 3% per year, that may not offset the account fees, depending on how much is invested. A net loss on the account after fees is still likely to provide you with a tax benefit, but you should look for an alternative IRA investment, which will provide real investment gains in addition to the tax benefit.
1085329
Yes and no.  There are rules to a private offering that must be followed but they don't necessarily require that the seller be a licensed broker.\n\nIt is also possible to get friends and family to invest in your small business without that requirement.   If you were going to do what is called an Angel financing (this would be looking for outside investors and selling them shares of stock in your private corporation), you will have to use a firm that can follow the regulations.\n\nThere are strict limits on who you can solicit for an angel financing.  They need to meet income and net worth minimums.  You have to have a prospectus that details both the potential and the risks of the venture.  You cannot use descriptive statements that sound like advertising like "amazing potential" or promise any specific rates of gain.  \n\nYour best bet is to talk to a lawyer and find out what options exist for your business.   Otherwise you could end up in a heap of trouble.
86602
YOU CAN SUE FOR ANYTHING, BAR NONE! However, if you can show there is no good reason for their untrue and negative written statement about you they shared with another party, then you have good grounds for a liable suit. Further, if you can show you have suffered injury or damages as a result, then you have a very strong case. \n\nWARNING: The courts are secretly biased towards corporations and lawyers/barristers will only take you for your money. If you want to persue this I would do it myself or retain on a strict contingency basis only.
563097
Technically, it is possible to sue almost anyone, but that's not your question, really.  Your question is whether it is worth the filing fee; can you win?  And for that, you need to tell the details to a liability attorney and see if they are willing to take the case on contingency fee.  If you have a complaint but can't find a lawyer willing to gamble his time and expertise to winning it, then it's probably because none of the ones you spoke to think it has much chance of winning.\n\nOne thing is in order to win a liability case, you have to be able to prove damages.  What, exactly, did you lose?  You will need documentation, of course.\n\nSo go ahead and try.  Visit with several plaintiffs' attorneys and see if they will take you up on it.
136876
Hello Pure,\n  Unfortunately there is usually not much you personally can do once a stock is delisted. Depending why it was delisted also plays a part as to whether or not it will ever get listed again. Sometimes they do, sometimes they don't (especially when the company goes bankrupt totally). I suggest you contact the proper exchange(s) below to get additional info.\n  Other than that, may I strongly urge you to fire your broker (why do you think they call them "broke" ers) and shine up your crystal ball, do your homework, and above all, watch "Jim Cramer's Mad Money" on CNBC. BOOYA
84368
No.  He is, as your agent, your fiduciary.  That means, in a nutshell, that he cannot indulge in self-dealing.  If he does things that benefit himself (and consequently hurt you or your intended beneficiaries), the court will presume that he used trickery and manipulation to induce you into a position of disadvantage.  He will then have the burden o proving to the court that no such thing occurred.
385671
The term "broker" is is a person who has the proper certifications and "know how" of investing financial instruments. You may know what stocks or bonds to invest in as an investor, but you probably dont know the proper rules and regualtions you have to execute in order to legally own a security for a personal investment.
893941
That was bad advise from your attorney. Get a free consultation from another one. 10,000 dollars is too much to just "forget about" Did the morgage fall through on bad faith actions from yourself? And besides it the Principal of the thing!
648984
There are a lot of variables, but unless they violated the terms of the trust they cannot be held liable.  Also, making reasonable investments (which turn out to fail) doesn't rise to violating investment terms.
516300
Thats more of an finanical advisor, which I think you need a licence for. If everyone agrees to buy a stock, and your the one who just handles the account and does all the trades, thats fine.
823972
http://www.jspubs.com/Experts/cr/detail.cfm?id=14\n\n"Expert witnesses should not have any financial interest in a case in which they are instructed. This means experts must not accept payment terms that depend on the outcome of the case."
222806
if it is a significant amount of money, you need a lawyer. my guess would be that failing to initial one spot would be viewed as an oversite and not a reason to void the contract.
1174670
Do not rely on your broker for that information.  Save your trade confirmations. You will need them if you get audited.
680439
You could pay an escrow company to take the risk but that will cut into your profits.\n\nBasically this is the risk you run with dealing with a company in a place that you are unlikely to be able to get legal redress.  The best guarantee you have is the lure of regular business.\n\nGood luck
1100673
Legally NO.  They need to show their full record.   A good trader is one that has more wins than losses, that doesn't mean they don't have a fair percentage of trades that fail.  Hence one reason diversification is so important!