Text Size   Decrease Font SizeIncrease Font Size
Home / Practice Areas / Securities Fraud
Securities Fraud Print

In their dealings with customers, brokers have a number of duties that they owe their customers, including the duty of loyalty, the duty of fair dealing, and a duty to "Know the Customer" and to act in their interest. If the broker fails to live up to these duties and this failure causes loss to a customer, then the broker, and in some cases the firm, can be liable. Among the most common claims against brokers include unsuitable trading, unauthorized trading, and excessive trading.

Most securities cases are settled through arbitration proceedings in which each party is represented by an attorney. An attorney can help guide you through the process, knowing what, where and when to file, what claims should be made, how to negotiate any potential settlement, how to evaluate settlement proposals made and ultimately, how to present your case in an arbitration hearing. A knowledgeable attorney will also know what experts to hire who can help with your case and testify during the hearing. Experts can assist the arbitrators by outlining how the broker and firm breached the duties owed to the customer and calculating the amount of damages suffered. At Running, Wise & Ford, our attorneys have significant experience settling disputes through alternative forms of dispute resolution, including arbitration and mediation proceedings.

Our firm's policy is to only pursue meritorious claims. We do not believe it benefits a customer to spend money pursuing a claim with little chance of success. If we do not believe you have a case, we will tell you up front. We offer a FREE, NO OBLIGATION case review to all of our potential clients.

To learn more about our Securities Fraud practice area contact us at 231-946-2700 or 1-800-968-8577.


Free Case Evaluation


  • Court Considers Chapter 7 Trustee's Ability to Sell LLC Property in Sole Members Bankruptcy

    Michael I. Conlon

    A bankruptcy trustee has the right to liquidate any property of a Chapter 7 Debtor subject to claimed exemptions and liens. Does this right extend to a membership interest in an LLC where the sole member files bankruptcy? The Bankruptcy Court for the Western District of Michigan addressed this issue recently in In re Hopkins, Bankr. W.D. Mich. (Feb. 2, 2012).



Four Locations Serving Northern Michigan

326 E. State Street
Traverse City, Michigan 49684
Phone: 231-946-2700
Toll free: 800-968-8577


201 State Street
Charlevoix, MI 49720
Phone: 231-547-8990

207 Main Street
Frankfort, Michigan 49635
Phone: 231-352-9526
440 West Main Street, Suite A
Gaylord, MI 49735
Phone: 989-732-1152

©2012 Running, Wise & Ford PLC
Attorney Web Design by The Modern Firm