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Churning
Your
broker can't trade your account excessively or
recommend that you do that yourself. Every time there
is a trade in your account, a commission is charged.
That charge is both on the buy side and the sell side.
The
broker can make two commissions by just recommending a
simple transfer of money from one position to another.
If the broker does this too often, he is probably
making recommendations to earn commissions for
himself, not making profit for you. |
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Cases
$250,000+...We
recover more money, more often than others!
If
you are a contingent fee client and we don't
recover, there is NO FEE. |
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Greenbaum
Law
Group,
LLP
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840
Newport Center Dr.,
Suite 720
Newport Beach, CA 92660 |
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Phone:
1-800-519-0562
Fax: 1-888-760-7210 |
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Call
for a FREE, no obligation, phone
consultation. |
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A good churning
case has clear evidence of broker control. Either the broker had
authority to trade the account by himself or he made repeat
recommendations that were always followed.
The broker must
make recommendations that are appropriate for your investment
objectives, not for him to earn commissions. If you think that
your portfolio went down because the broker recommended too many
trades or made too many trades for you, let our Stock Loss
Recovery Team review your trade history and advise you if you have
a good churning case.
Other
Grounds for Litigation |
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