Unsuitability

When making an investment recommendation to a particular client, a broker or other financial adviser has a duty to know the client and to recommend an investment strategy that is suitable given that particular client’s circumstances. The investment recommendation must be consistent with the client’s risk tolerance, prior investment experience and appetite for risk, and the level of return desired. An investment may be unsuitable for a multitude of reasons, including if a client does not have the financial means to incur the potential loss associated with the risk inherent to the investment, if the investment is not consistent with or does not address the client’s financial needs, or if the client was not properly informed of the risks associated with the recommended investment. Our attorneys are knowledgeable and experienced in representing clients in unsuitability claims. We always put forth our best efforts to achieve the greatest possible results for our clients.