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Investment and Stock Broker Fraud Attorney

Brokers owe a fiduciary duty to a securities investor

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Editor: Kristian Rasmussen
Profession: Investment Fraud Lawyer

June 15, 2006

By Kristian Rasmussen

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It is well established that a broker owes a fiduciary duty to a securities investor. See Gochnauer v. A.G. Edwards & Sons, Inc., 810 F.2d 1042, 1049 (11th Cir. 1987); Ward v. Atlantic Security, 777 So.2d 1144 (Fla. 3d DCA 2001); State ex. rel. Painewebber v. Voorhees, 891 S.W.2d 126 (Mo. 1995); Glisson v. Freeman, 532 S.E.2d 442 (Ga. App. 2000); Beckstrom v. Parnell, 730 So.2d 942 (La. App. 1st Cir. 1998).

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