Recently many investors have suffered large losses due to the extraordinary market conditions.  However, some investors have suffered losses not due to the market, but due to fraud, reckless conduct, or negligence.  Fraud is illegal, whether or not the market is going up, or down (quickly).  Financial Professionals are required to be honest with their clients, and tell the truth about investments, and be trained professionals, not mere salesmen.  A falling market is no excuse for dishonesty, or for that matter, recklessness or negligence.  A Financial Professional who is guilty of fraud, recklessness, or negligence, cannot use a market crash as a defense, but that does not mean that guilty Financial Professionals will not try to hide behind this excuse in a falling market. 

If you have suffered losses and believe they are due to fraud, reckless conduct, or negligence, please feel free to give us a call at (858) 259-7790 or contact us online.  Our job is to redress injustices done to our clients.