I was featured in an online article for the website “Lawyers and Settlements.”
Securities Fraud – Securities Fraud Lawsuits |LawyersandSettlements.com
The “read your statements” comment was drawn from an article I read in Investment News. Too scared to open statements, couple loses in arbitration – Investment News
More than 20 years ago, I represented Prudential-Bache Securities in an arbitration where the client’s lawyer thought a good defense was to demonstrate that the client did not read his statements. I could not comprehend that strategy. Neither could the arbitrators.
The statements are sent to customers for a reason. In many cases, a brokerage account is worth the same as, if not more than, an investor’s house. Why wouldn’t you want to know what is going on?
That’s the view of one lawyer from Jupiter, Palm Beach County, Florida. My name is Marc Dobin.