Wealth Management/Broker

We represented an individual who had invested several million dollars in a complex securities product that resulted in substantial losses to the client. Our client alleged that the product was inappropriate for her, was not fully explained and, further, that the investment management company failed to place appropriate hedges in place to prevent a substantial loss in principal in less than six months. In this case, we pursued a large, nationally known brokerage company to recoup the losses incurred by the client. The case was confidentially resolved after mediation.