San Diego Stockbroker Malpractice Lawyer

If you have lost money in an investment product or scheme that has gone south, you don't have to simply accept that you were the victim of market forces. Just as doctors and lawyers can be liable for malpractice, stockbrokers can fail to meet the standards of care set by the law and by the industry. In some cases, the actions may be a clear breach of fiduciary duty. In other cases, your losses may simply stem from carelessness or negligence by an investment professional. Finally, you, and your life savings, may have been the target of a scam artist or Ponzi scheme.

Schedule a confidential consultation at the Lendrum Law Firm by calling 888-809-7832 or by completing a convenient email contact form.

Aggressively Protecting Victims of Stockbroker Malpractice in San Diego

Rated as the Top Lawyer in Securities Litigation in 2014 by the San Diego Magazine, attorney Jeffrey Lendrum at the Lendrum Law Firm fights for the rights of individuals who have suffered financial loss due to stockbroker malpractice or financial planner malpractice in San Diego. Attorney Jeffery Lendrum knows how difficult and intimidating the legal process can be, especially for people who have never been there before. He understands how hard it can be to try to stand up to powerful and heavily financed companies in the investment world. He will be your voice, a staunch advocate to help you get full and fair compensation for your losses.

A Recognized Legal Resource Throughout California

Mr. Lendrum's legal abilities and ethics have been recognized by his peers. For each of the past 15 years, Martindale-Hubbell rating service has awarded Mr. Lendrum the distinguished AV Preeminent rating. This peer review rating is the highest possible rating for an attorney and is awarded annually based on confidential reviews by judges and attorneys and is reserved for those select attorneys demonstrating pre-eminent legal abilities and the highest ethical standards of practice.

Mr. Lendrum has also received the following recognitions by San Diego Magazine based on ethical standards and professional excellence:

  • Top Lawyers In San Diego - Securities Fraud (2014)
  • Top Lawyers In San Diego - Litigation (2013)

During his career, Mr. Lendrum has been instrumental in achieving recoveries exceeding $100 million on behalf of his clients.

A Proven Fighter for Your Rights

The Lendrum Law Firm protects the rights of people who have suffered financial loss due to the intentional or negligent acts of stockbrokers, investment advisers, fiduciaries and insurance agents. The firm handles stockbroker and financial advisor malpractice involving:

  • Breach of fiduciary duty. Your financial advisor or investment professional has a duty to put your interests ahead of his or her own interests. This duty may be violated where a stockbroker or investment advisor has a personal interest in an investment sold to you, or where investment recommendations are driven by the amount of commissions paid, rather than whether they fit your needs or investment profile.
  • Failure to disclose known risks or material facts. Your broker may persuade you to buy a risky investment by misrepresenting or not disclosing the full nature of the risk.
  • Failure to exercise due diligence. A stockbroker may be liable for making investment recommendations without fully researching the company, industry or risks involved.
  • Unsuitable investment recommendations. The suitability doctrine requires that a broker-dealer who makes recommendations to a customer recommend only those securities that he reasonably believes suitable for the customer. NASD Conduct Rule 2310. The SEC has held that a customer's sophistication does not allow a financial advisor to disregard the customer's investment objectives in recommending investments. Investment advisers owe even the most sophisticated investor appropriate recommendations. Cases make clear "[t]he fact that a customer ... may be wealthy does not provide a basis for recommending risky investments." Suitability is determined by the appropriateness of the investment for the investor, not simply by whether the salesman believes that the investor can afford to lose the money.

With stockbroker malpractice, every case is different. The Lendrum Law Firm will provide a case-by-case evaluation to determine whether you are entitled to compensation.

Contact the Lendrum Law Firm - San Diego Stockbroker Malpractice Attorney

The firm provides a free initial consultation to people with stockbroker malpractice claims. To set up an appointment, contact the Lendrum Law Firm online or call 619-573-6903 (toll free at 888-809-7832). Meetings may be scheduled weekdays between 8:30 a.m. and 5 p.m.; evening and weekend consultations are available upon request. Hourly billing and contingency fee arrangements are available, where appropriate. Punitive damages may be available.

The Lendrum Law Firm is AV Preeminent-rated under Martindale-Hubbell's Peer Review Rating System*.