Texas UBS Broker Lawyer and Texas Lehman Note Lawyer Handles Investment Fraud Lawsuits by Texas UBS Broker Lawyer Jason S. Coomer  

It is an all too common scenario, a person hires an investment firm or broker and follows their stock broker's recommendations, trusting this broker's expertise with their life savings, retirement fund or a substantial amount of money. Unfortunately, the investment is not actually a conservative investment backed by 100% guaranty.  Prior to September 2008, over $1 Billion in Lehman Notes were sold to investors under false representations that the Lehman Notes were 100% secured.   

If you or your family have lost your life savings, retirement fund, or a large amount of money through broker misrepresentations, please feel free to submit an inquiry or send an e-mail to Texas UBS Broker lawyer and Texas Lehman Note Lawyer Jason Coomer.  He may be able to help you recover your losses or at least obtain an accounting of the investments.

Lehman Brothers 100 Percent Principal Protected Note Investment Fraud Lawsuits by Texas Investment Fraud Lawyer and FINRA Lawyer Jason S. Coomer

In September 2008, Lehman Brothers collapsed causing investors to lose retirement funds, savings, and large amounts of money.  Many of these investors had invested in Lehman 100 Percent Principal Protected Notes.  Over $1 Billion of these notes were sold to investors.  The 100 Percent Principal Protected Notes were marketed as a conservative investment that was “risk free” and perfect for retirement accounts. However, these notes were actually unsecured obligations subject to the credit risk of Lehman Brothers, and their value was wiped out when Lehman Brothers collapsed and filed for bankruptcy.

Investors that were sold these 100 Percent Principal Protected Notes may have a viable cause of action against UBS or other brokers that improperly marketed and sold these notes.  Time is limited to file these investment fraud cases and investors that are interested in seeking compensation for significant losses from the 100 Percent Principal Protected Notes should contact an investment fraud lawyer.

FINRA Arbitration Claims

FINRA arbitration typically allows investors that have lost substantial amounts of money from broker fraud or misrepresentations to seek compensation through arbitration.  Claims for FINRA arbitration should be filed within six years of the wrongful actions by the broker.  For more information regarding a FINRA arbitration, please feel free to go to the following web page:


Investment Fraud and Broker Fraud Is Becoming More Common

Recent decisions by the Securities and Exchange Commission (SEC) imposed over $1.4 billion in penalties on several top investment banks, brokerage firms, and brokers.  As such, it is apparent that you cannot always trust brokers to give you the complete picture regarding stocks, bonds, and other securities.  If you feel that your investment dealer or adviser has not been honest and has caused you to suffer significant investment losses, your best bet to recover your losses from investment fraud or securities fraud losses is to speak to an experienced broker fraud lawyer regarding your stock fraud concerns.

In reviewing stock broker fraud, an investor should know that investing in the stock market can be a risky proposition. Markets and investments can fluctuate and the majority of investment losses result from such fluctuations rather than from stock broker fraud or misconduct. However, stock fraud does happen, and you should understand common forms of stock broker misconduct.   Some of the most common forms of broker fraud are as follows:

  • Churning

  • Excessive Trading

  • Unsuitable Investments

  • Misrepresentation

  • Purchase of Unsuitable Securities

  • Investing in Variable Annuities/Variable Universal Life Policies

  • Risky or negligent Retirement Planning

  • Unauthorized Trading

  • Failure to Advise of Risky Investments

  • Unauthorized Risk Profile Changes

Stock brokers are paid commissions for the transactions they generate, which can encourage some stock brokers to trade excessively or churn stocks for the purpose of generating commissions instead of working for their client's investment goals.  Churning is essentially a form of excessive trading for the purpose of generating commissions for the broker's benefit.

In addition to actually trading stocks for their clients, stock brokers may also offer advice to their clients on which stocks, mutual funds, etc. to buy.  This can be problematic if the broker encourages an investor to purchase unsuitable investments or misrepresents the risk or potential pay out of an investment.  It also can be problematic when a broker encourages the purchase of unsuitable securities including variable annuities, variable universal life policies, or viaticals. This is especially true if the broker is encouraging investment with funds that will be need for retirement.

Brokers are required to gain authority or permission from their clients before they conduct any transaction on the client's behalf. When brokers act without their client's consent, this is considered unauthorized trading. If your broker is buying or selling stocks on your behalf without your permission, or you believe that any of the other above abuses have been committed, feel free to contact Texas broker fraud lawyer, Jason Coomer for an investigation of a broker fraud claim.

If your retirement savings or other securities investments have suffered substantial losses, generally fifty percent (50%) or more, due to mismanagement, mishandling or misconduct on the part of your broker or financial professional, then you may want to speak to Jason Coomer a Texas investment fraud lawyer to determine if your broker has committed fraud or negligence that has contributed to your losses.

Stock Brokers And Investment Fraud

Investment is the driving force of a business economy and allows a pooling of money and resources which businesses can use to invest in large capital ventures.  Early stock markets through investment in the United States helped build the railroads and develop the United States.  Since early development of the stock markets, periods of wide spread fraud, investor panics, and government regulation have led to many reforms that now protect investors from fraudulent practices.  However, with new technology, market fluctuations, and some dishonest or desperate brokers, have come new and different types of investment fraud.   

A stock broker sells or buys stock on behalf of a customer. The stock broker works as an agent matching up stock buyers and sellers. A transaction on a stock exchange must be made between two members of the exchange — a non stock broker may not walk into the New York Stock Exchange and ask to trade stock. Such an exchange must be done through a broker.

A broker does not need a college degree, but most brokers have one. Brokers, however, do have to be licensed. A license is obtained by passing the General Securities Registered Representative Examination and, in many cases, posting a bond. Individuals may take this test after they have been employed by a brokerage firm for four months. Texas requires dealers and investment advisers to take the Uniform Securities Agents State Law Examination and pass with a passing score of at least 70%.

Texas UBS Broker Lawyer and Texas Lehman Note Lawyer Handles Investment Fraud Lawsuits

Unfortunately, with the pooling of large amounts of money in pension funds, retirement funds, stocks, mutual funds, bonds, derivatives, commercial real estate, and other investments comes the danger of fraudulent investment scams and broker negligence that can take a person's life savings.  If you have lost your life savings or a large some of money through misappropriation of funds, please feel free to submit an inquiry or send an e-mail to Texas broker fraud lawyer Jason Coomer.  He may be able to help you recover your losses or at least obtain an accounting of the investments.

Austin broker fraud Attorney, Jason Coomer helps investors that have lost money through wrongful acts of majority shareholders, corporate officers, and brokers.  He  reviews investment strategies, accounting records, corporate actions, and investor trading; negotiates settlements; and if necessary files claims against negligent or fraudulent brokers.   Austin Business Lawyer, Jason Coomer is an experienced business litigation attorney that handles investment fraud, shareholder actions, commercial real estate law, computer law, and other business litigation.  His office frequently works with other professionals including Houston Investment Fraud Lawyers, Dallas Broker Fraud Lawyers, San Antonio Investment Fraud Lawyers, and other Austin Investment Fraud Lawyers to provide high end professional legal services at reasonable prices.

Austin broker fraud lawyer, Jason S. Coomer, helps business investors protect their assets and negotiate with negligent brokers and brokers that have committed investment fraud.  If you need an Austin Texas Broker Fraud attorney or an Austin broker negligence lawyer to advise you on a Texas investment fraud claim, contact Austin Texas investment fraud lawyer Jason Coomer.


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