Answering Your Questions About Broker Misconduct


As an investor, you trust your broker to act prudently and make decisions that are aligned toward your long-term goals. Since 1990, Timothy J. Dennin, P.C., has provided trusted representation for investors who have experienced misconduct by their broker.

No matter where you are on Long Island, across the United States or located abroad, we take an aggressive stance to pursue justice and recover your losses. We work closely with all our clients to help them understand their options and to answer their questions, including the following frequently asked broker misconduct questions.

When Can I Sue My Broker?

A drop in your portfolio’s value is not enough to warrant pursuing legal action against your broker. The broker must have engaged in an improper action, committed securities fraud or otherwise behaved in a negligent manner. This can include a broad range of illegal acts, including:

  • Churning your portfolio to generate excessive commissions
  • Failing to provide key facts about the investments recommended
  • Selling securities that are inappropriate for you
  • Taking advantage of older investors
  • Engaging in conflicts of interest
  • Unsuitable recommendation to hold

What Are The Signs Of Stockbroker Fraud?

The earlier you can recognize that you are the victim of broker misconduct, the more likely you and your attorney can hold the responsible party or parties accountable for their actions. These red flags often include:

  • There are a large number of transactions being conducted every month
  • Negative information about investments is not provided by the broker
  • Your statements contain investments that you do not recognize and have not discussed with your broker
  • Your broker is difficult to contact, often ignoring your phone calls and emails

How Do I Prove I Experienced Misconduct?

Proving broker misconduct is both difficult and complex. The specific misconduct committed by the broker will determine what steps you must take, and what criteria you must meet, to obtain damages. It is critical to contact a lawyer who understands how to develop a strong case on your behalf.

Our attorney, Timothy J. Dennin, has an unparalleled track record in broker misconduct cases. He has recovered millions in damages against some of the largest financial institutions in the country, including Merrill Lynch, Charles Schwab and UBS Securities. Learn more about how he can help you during a free consultation.

Call 866-437-9475 or send our Northport or New York City offices an email.