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Investment Bank Fraud or Negligence

Investment Bank Fraud Or Negligence

Banks and investment brokers owe a fiduciary duty to put the interests of their customers and clients ahead of their own. Financial institutions all too often are self- serving and seem only interested in their own profit and greed. The news in recent years has exposed the many schemes and frauds perpetrated by investment brokers and multi- national banks. Instead of doing their best to help honest people make sound investments, many unscrupulous institutions only care about what they will get. Most people work hard to invest for the future of their families. It is devastating to learn that your investments are lost or substantially damaged as a result of negligence, misrepresentations and/or fraud of a banking institution.

MISREPRESENTATIONS/ OMISSIONS

It is the responsibility of an investment broker and investment bank to make full and complete disclosure to investors of all material facts and risks related to investments recommended. If the fail to do so, they can be held responsible for compensatory damages and losses sustained.

INVESTMENT FRAUD

A Financial institution may be held liable for other acts such as fraud, fraudulent concealment, fraudulent misrepresentations and violations of other laws such as the Unfair Trade Practices and Consumer Protection Act, 73 Pa. Cons. Stat. §201-3, violations of Racketeer Influenced and Corrupt Organizations Act, 28 USC §1964(c), and other potential statutory and common law causes of action. Davant & Associates investigates fraud claims made against banking institutions and may accept a case involving circumstances such as:

  • SEC violations
  • stock fraud
  • market timing trades
  • investment schemes
  • Ponzi schemes
  • brokerage fraud
  • violation of investor’s rights
  • misrepresentations/ omissions
  • over- concentrations
  • collateralized debt obligations
  • elder exploitation cases
  • feeder funds

INVESTMENT BANK/BROKER NEGLIENCE

Fraud is not required in order to recover against an investment bank or broker for investment losses. Investment firms and brokers can be held liable for their negligent actions or failures to act. Such negligence can result in significant losses to investment accounts. Banks and brokers have a fiduciary duty to be vigilant in considering each investors situation and to be vigilant in protecting and managing their investor’s assets.

Davant & Associates will thoroughly investigate your claims of investment bank and broker fraud and/or negligence, and seek to hold any and all financial institutions and their brokers responsible for violations of its express and implied contractual and fiduciary duties. If a bank is being unreasonable, dishonest or is fraudulent, we will make sure that they are held to account for their actions. Davant & Associates will also insure that your claim is investigated by appropriate authorities and experts.

If you have been the victim of bad faith, negligence or fraud related to investments, we would like to hear about it. Davant & Associates will fight for all the money damages you deserve as a result of your damages caused by a banking institution. We will thoroughly investigate your claim, document and gather evidence, have appropriate experts review your records and vigorously pursue your case. If you are the victim of a bank’s bad faith, negligence and or fraud, you deserve to be compensated!

Talk to an attorney experienced in litigating against multi- national, national and local banksCall (412) 519- 2274 (direct line to an attorney 24/7)
send an e-mail directly to Attorney Robert Davant, or submit your case online for a fee case evaluation. 

Pittsburgh Justice
1 Oxford Center 301 Grant Street 43rd Floor Pittsburgh, PA 15219
412-519-2274
Pittsburgh Justice
819 Hogan Street Houston, TX 77009
713-569-1502