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Investment and Stock Broker Fraud Attorney

Courts also impose a fiduciary duty to recommend investments

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Editor: Kristian Rasmussen
Profession: Investment Fraud Lawyer

July 06, 2006

By Kristian Rasmussen

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Courts also impose a fiduciary duty to recommend investments to clients only after studying them sufficiently to become informed as to their nature, price, and financial prognosis and a duty to inform the customer of risks involved in purchasing or selling a particular security. Ward v. Atlantic Security Bank, 777 So.2d 1144 (3rd DCA Fla. 2001).

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