While most investment losses are generally the result of market forces, that isn’t always true, says attorney Mitchell S. Ostwald. He says investors who believe their losses have been the result of wrongful action or fraud ought to know what they can do about it.
“The information in this news release will hopefully help consumers distinguish between frivolous claims and claims with merit,” says Ostwald, a renowned consumer attorney and owner of the Law Offices of Mitchell S. Ostwald in Sacramento, California. Consumer Law tips is a series of informative news releases aimed at educating consumers and businesses about their rights and duties under the law.
“Stockbrokers do not have a crystal ball and they are not guarantors of investments,” Ostwald explains. “But they do have duties and responsibilities. Investors, for their part, should know what those obligations are before they invest a dime.”
To read about the 7 Duties of a Stockbroker, please visit our blog here.