Stockbroker Whistleblower Lawyer
Stockbroker fraud represents a very real threat to investors—which makes it especially interesting to the SEC. Find out if you could get rewarded for your information by contacting a stockbroker whistleblower lawyer.
Thousands of investors rely on stockbrokers to help them make wise investment decisions. Unfortunately, sometimes this trust is misplaced, and the broker puts his or her own needs before the client’s. Some of these situations veer into the territory of securities fraud, which makes them of interest to the Securities and Exchange Commission (SEC).
If you know of a stockbroker who has committed securities fraud, the SEC might reward you for tipping them off to the misconduct. A stockbroker whistleblower lawyer from Meissner Associates can help you determine if your tip is likely to be acted on and submit it in the most effective way possible.
How Do Stockbrokers Commit Securities Fraud?
Stockbrokers, and brokerage firms in general, can commit securities fraud in a number of ways, many of which can dramatically harm the investors they work with. For example, a stockbroker might invest a client’s funds into high-risk stocks that are beyond what the client has agreed to. If these stocks then plummet in value, the investor could lose the entire investment!
The fraud might be even more notable if the broker had an undisclosed conflict of interest that was behind the risky trade. Perhaps the stockbroker’s sibling works at the issuing company, or maybe the broker was engaged in a scheme to artificially push up the stock’s price.
Other examples of securities fraud committed by stockbrokers can include all of the following:
- Unauthorized trading
- Unauthorized investing in high-risk mutual funds and hedge funds
- Undisclosed fee agreements
- False promotion of investing success
Rewards for Whistleblowers
If you are aware of stockbroker misconduct, you don’t have to let them get away with it. Whether you’re an insider working at the brokerage firm in question, a client of the fraudulent stockbroker, or an outsider who’s determined fraud is taking place through independent analysis, you could be rewarded for becoming a whistleblower.
By working with a stockbroker whistleblower lawyer, you can submit your tip to the SEC anonymously and confidently. If the SEC launches an investigation based on the information you provided, you could be rewarded with a whistleblower bounty of between 10 and 30 percent of the sanctions collected—as long as the SEC recovered more than $1,000,000.
Help from a Stockbroker Fraud Whistleblower Lawyer
At Meissner Associates, we know securities fraud law and have been helping whistleblowers since 2001. Stockbrokers might commit fraud thinking they can slip under the SEC’s radar, but you can help prove them wrong.
We provide free and confidential tip evaluations, so there’s no risk involved in discovering if the SEC is likely to act on your information. Get in touch with us today, and an experienced stockbroker whistleblower lawyer will provide you with an honest, confidential assessment. Just call 1-866-764-3100 or complete the form below.