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Churning

Your broker can't trade your account excessively or recommend that you do that yourself. Every time there is a trade in your account, a commission is charged. That charge is both on the buy side and the sell side. The broker can make two commissions by just recommending a simple transfer of money from one position to another. If the broker does this too often, he is probably making recommendations to earn commissions for himself, not making profit for you.

A good churning case has clear evidence of broker control. Either the broker had authority to trade the account by himself or he made repeat recommendations that were always followed. The broker must make recommendations that are appropriate for your investment objectives, not for him to earn commissions.

If you think that your portfolio went down because the broker recommended too many trades or made too many trades for you, let our Stock Loss Recovery Team review your trade history and advise you if you have a good churning case.

Other Grounds for Litigation

Do you have a case for recovery?

How do you know if it is a good stock loss recovery case?

Who will be against you?

Will they fight against you?

Why do they fight so hard?

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