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Unsuitable Investments

Betrayed Trust and Unsuitable Investments

It is amazing how many private investors blame themselves when they could not possibly have been aware that their trusted broker or their trusted investment advisor was defrauding them. It is not your fault and it may be possible to bring those who cheated you to justice.

At the law office of Timothy J. Dennin, P.C., our lawyer has represented clients who were close friends of their investment advisor and who lost life savings as a result of broker misconduct. We have also represented conservative investors of significant wealth who have lost tens of millions as a result of a trusted advisor guiding them toward unsuitable, high-risk investments. It is not fair and it is not right and we are here to help.

Suffered Losses From an Unsuitable Investment? Contact Our Suffolk County or New York City Law Offices for Help Free Initial Consultation E-Mail Us

Fighting for the "Little Guy"

Since 1990 former SEC lawyer Timothy J. Dennin has focused his considerable legal resources on helping clients who have lost money due to unsuitable investment, securities fraud, and other securities misconduct. Among his current cases are claims against American Express Advisors, Inc., Charles Schwab & Co. Inc. and Kimon Daifotis and Goldman Sachs Execution & Clearing, LLP, Salomon Smith Barney, Morgan Stanley & Co., Edward Jones & Co. L.P., Maxim Group L.L.C. among others.

Questions to Ask Related to Your Loss:

  • Are you a conservative investor (low risk tolerance) and did your broker or your investment advisor know that but go ahead and sell you high-risk investments such as subprime investments bundled in a PPM without telling you about the inherent risk?
  • Were you misinformed about the suitability of a variable annuity?
  • Did you invest online in the Charles Schwab high yield fund and suffer a significant loss in your investment because you were told it was a safe, "cash equivalent" investment?

No Conception of the Risk? You May Have Cause a Take Action

Are you uncertain how to deal with your losses and to whom to turn? Did you unknowingly get involved in risky investment strategies because, your advisor's recommendations?

Please call or contact our securities arbitration and litigation law firm at 866-780-0305 in Manhattan or 866-664-8035 in Northport for a free initial consultation to learn more about how attorney Timothy J. Dennin can help you. You are not obligated in any way to retain our legal services.

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Recent Reported Case Results

  • Securities Litigation: Jeffrey B. Sciallo et al. v. Tyco International Ltd. et al. | Settlement Amount: Subject to a Confidentiality Agreement
  • Financial Advisor Misconduct: Lyons v. Merrill Lynch and Phua Young | NASD Arbitration: Amount Requested: $625,000; Amount Awarded: $621,562, including $240,000 in punitive damages against Merrill Lynch and Phua Young (Merrill Lynch securities analyst) and $125,000 in interest plus expert witness fees.
  • Broker Misconduct: David and Jonathan Libman v. David Garfinkel, First Montauk Securities Corp. et.al. |NASD Arbitration: Amount Requested: $300,000; Amount Awarded: $284,000 plus interest.
  • On-Line Trading Securities Arbitration: Naomi Sayegh v. J. Peter Ricketts, Ameritrade, Inc., Ameritrade Holding, Corp., and Accutrade, Inc. | NASD Arbitration: Amount Requested: $156,000; Amount Awarded $44,600 plus interest
  • Annuities Violations: Nationwide Life Insurance Company v. Helen Constans Christopher Rutland and Barbara Grahams | Amount Awarded: $393,541.76 in compensatory damages and $800,000.00 in punitive damages

Timothy J. Dennin, P.C.
Manhattan Office
270 Madison Avenue, 13th Floor
New York, NY 10016
Phone: 866-664-8035
Fax: 212-688-6457
Map and Directions

Northport Office
316 Main Street
Northport, NY 11768
Phone: 866-780-0305
Fax: 631-261-0395
Map and Directions

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Three Steps to Take

Organize.

Organize your account statements and all documents exchanged with your investment advisor that relate to the investments in question and obtain copies of your new account forms and any amendments thereto reflecting your risk tolerance, investment objectives and investment history.

Prepare.

Prepare a chronology of events detailing what was said when and by whom concerning the investments in question.

Contact.

Contact counsel experienced in securities arbitration and litigation concerning these issues.

Securities Attorney Timothy Dennin

At Timothy J. Dennin, P.C., with offices in Manhattan and in Northport, Long Island, we offer securities-related legal services to domestic investors in New York City, the Bronx, Queens, Brooklyn, Staten Island, Kings County, Queens County, Northport, Montauk, Long Island, Suffolk County, New York, Connecticut, New Jersey, Pennsylvania and nationwide; and international-based private investors and institutions.