FINRA Arbitration Case – Franck vs. Ameriprise Financial

Patricia N. Earle experienced losses as a result of the mismanagement of stocks by Ameriprise Financial Services, Inc.

Ameriprise Financial Services, Inc. participated in the fraudulent purchase and sale of various securities including the following stocks: America Online, Cisco, Intel, Gateway, Lucent, Microsoft, and Qualcomm.

With no hope of regaining his loses without legal action, Franck turned to Debra Hayes, Esq. and Charles C. Hunter, Esq., expert securities arbitration attorneys at The Hayes Law Firm, and charged Ameriprise Financial with, among others: breach of fiduciary duty, failure to supervise, negligence, breach of contract, and violation of blue sky laws. See case details franck.pdf).

Benefitting from the consultation Earle received from The Hayes Law Firm, Wachovia Securities settled in the courtroom and was required to award her $185,000.00 of her mismanaged stocks.

Every year, stock fraud costs many responsible, hard working investors large sums of real money. If you’re one of those investors, it’s not too late to get your money back!

If you suspect that your stocks were mismanaged or that the firm you invested with is engaging in stock fraud call us at 713-862-2152 to speak with a professional and get a free, private consultation about your case.

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