Misrepresentations and Omissions
Financial advisers and brokers have a duty to fairly disclose all of the risks associated with the investments they recommend to their clients. Sometimes, financial advisers or brokers may misrepresent or omit material facts unintentionally to disguise the risks associated with a particular investment. If an investor loses money on his or her investment after being deprived of the true risks associated with that investment, the financial adviser or broker can be held liable for the investor’s losses. Cosgrove Law, LLC aggressively represents clients who have suffered heartbreaking financial losses as a result of misrepresentations or omissions by their broker or financial adviser.
