• Catastrophic Personal Injury Overview
• ATV Rhino Accidents
• Auto SUV and Truck Defects
• Churning/Twisting
• Construction Accidents
• Defective Vehicle Products
• Electronic Stability Control and Sport Utility Vehicles
• Failure to Supervise
• Fatal Injuries
• Fiduciary Duty
• Financial Advisors/Broker Misconduct
• Negligence
• Oil Field Injuries and Accidents
• Oil Well Blowouts
• Over-Concentration
• Product Recalls
• Securities Fraud
• SUV Rollovers
• Tire Defects
• Toyota Recall
• Trucking Accidents
• Unsuitable Investments
• Workplace Injuries
• Representative Cases and Sample Settlements

Negligence

San Antonio Negligence Lawyers – (210) 298-6666 - (800) 519-2800

Negligence is never a good thing, regardless of where it takes place. For investors who entrust their assets to financial advisors and brokers, negligence can lead to significant loss or depreciation of assets. All instances of negligent action on the part of financial advisors and brokers should be examined closely by an experienced investment fraud attorney to ensure that the rights of the affected investor are no longer placed in jeopardy.

Financial advisors and brokers have a responsibility to act in the best interests of their clients. Financial advisors should be prudent and reasonable in their decision-making process, and should never steer too far away from what another financial advisor placed in the same or similar situation would do. While a client can certainly direct a financial advisor to take certain action, it is the duty of that financial advisor to ensure that the client is aware of all involved risks, knows the possible outcomes given the made-decision, and fully understands all unnecessary risks involved. Failure to do so can be categorized as negligence.

Negligence can also take the form of improper investment strategy employed on a client's behalf, especially if said strategy is not in the best interests of the client. Examples of negligent investment strategy are:

• Failure to protect profits, possibly due to portfolio neglect that goes against the best interests of the client
• Unauthorized trading, such as front running, which consists of financial advisors manipulating share prices via client purchase and sale, solely to drive those prices up so that the advisor can then sell off his or her own personal shares of the involved stock for a personal profit
• Option fraud, which involves the already complicated options market, places investors at extreme risk of losing a sizeable portion of their investment and must be thoroughly explained to clients in order to help safeguard their assets

If you've been a victim of financial advisor negligence in the state of Texas, please don't hesitate to contact the experienced investment fraud attorneys at Cichowski & Gonzalez. P.C. Our skilled Texas financial negligence lawyers will examine the circumstances in which your advisor or broker acted negligently, and will hold that advisor or broker liable for his or her actions. For more information and a free initial consultation, please don't hesitate to call Cichowski & Gonzalez, P.C. today at 800-519-2800.