Preferred Stock Broker Fraud Attorneys
Preferred shares of stock can be a good investment option for people who want to own stock in a company but do not want to deal with the risk typically associated with common shares. Preferred shares are higher in the structure and provide more protection to investors in the event that the issuing company goes bankrupt.
Preferred shares are hybrid investments. Preferred shares offer regular dividends in a similar way that bonds offer regular interests payments. At the same time, preferred shares are a stock so they are subject to market fluctuations and can lose value, though not as dramatically as common shares. Preferred shareholders also lose most of the opportunities for significant capital gains available to common shareholders.
Aggressive Florida Preferred Stock Loss Lawyers
Most people would agree that owning preferred shares in a Fortune 500 company is a safe investment. But just because a company is selling preferred shares doesn’t mean that they are the right choice for everyone. Preferred stocks are rated in a similar fashion to bonds, and it is important to have all available information about a company before you invest in it. It is your broker’s responsibility to make sure that this is the right investment for you before you put money into it.
At the law firm of Sonn Law Group, we handle a variety of complex preferred stock cases. Many of our clients have been misled about a specific preferred share and the safety of the investment. In some cases, the shares were sold as “government backed” when they were not. We have a comprehensive knowledge of securities law and the rules that govern the conduct of brokers. We will pursue every available option in an effort to help you recover your losses.
Call for a Free Consultation
Contact our office today to discuss your preferred stock case. You can reach us by phone at 844-689-5754 or via e-mail. We take every case on a contingency basis, which means we don’t collect a fee unless we make a financial recovery for you.*
Under Florida Bar rules, we are not able to discuss our past results on this website. If you would like to learn more about our previous cases, please contact us for additional information.
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*Client will be responsible for costs and expenses.