Selling Away

A broker is, by definition, an intermediary, one who makes his or her money on the commissions obtained from the selling and buying of shares that belong to third parties.

Sometimes, a stockbroker might try to download his or her own holding of a certain security onto an unsuspecting investor; this practice is known as selling away. When selling securities from their own holdings, stockbrokers must make sure they are telling investors so, if not they might be committing fraud.

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If you are facing a legal dispute related to your investments, it's in your interest to work with an experienced attorney who can provide you with the advice you need to reach a resolution that reflects your interests. The first step is to meet with a lawyer in person so you can learn more about your legal options.

To schedule an appointment with an attorney at Reasonover & Berg, LLC, call us at 504-613-4941 or contact us online. From our office in New Orleans, we serve clients throughout Louisiana and beyond.

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