Negligence

Despite a common misbelief that financial advisers are only liable for fraudulent conduct, they can also be held liable for their negligent conduct. Although the concept of negligence is embedded within numerous other securities claims e.g., churning, failure to supervise and unsuitability an investor is also entitled to bring an entirely separate claim for negligence. A financial adviser is liable to an investor for negligence if the adviser breached a duty of care that resulted in financial loss to the investor. Our attorneys have a strong understanding of the complex duties of care owed by financial advisers to investors when making investment recommendations. This unique knowledge base gives our clients a distinct advantage when seeking to recover their financial losses for the negligent conduct of their financial advisers.