How to Sue My Stockbroker

Video Transcript

"You may have found yourself, as many others that have invested in the stock market recently, that you've lost money. In fact, you may have lost a lot of money. And now, you're considering suing your stockbroker. Hello, I'm Robert Todd, and I'm here to answer the question, how do I sue my stockbroker? Well, anyone can sue anyone for anything in this country, but it doesn't mean that you have a viable lawsuit, and that you won't suffer repercussions by simply bringing a law suit. So the first question you want to answer, is do you have a viable lawsuit against your stockbroker? Simply investing money in the stock market and loosing it, and, especially in today's economy, doesn't give you a viable right. The questions that are asked, did your stockbroker engage in misrepresentation to you? Did your stockbroker engage in activity that would constitute fraud? Did your stockbroker engage in what could be construed as excessive trading? Did your stockbroker behave in giving you unsuitable advice that was different and distinct from that advice being given by other stockbrokers at the same time? So these are the type of questions that should be asked and answered. This is probably an area where you would be well served by seeking the services of a lawyer that regularly sues stockbrokers. That has knowledge of the securities and exchange commission on Wall Street. This is not a good area to try to do it yourself. I'm Robert Todd, and thank you for watching."