Bond Loss Lawyer
If you have endured significant financial losses due to your investment in bonds, you may be able to get your money back with the assistance of a respected bond loss lawyer.
There are a number of reasons an investor would purchase a bond. Maybe you were looking for a stream of income, wanted to preserve some capital, or wanted to offset your exposure to volatile stocks you hold.
In any case, no matter your reason for the purchase, if your broker failed to inform you of the risks, or did not properly inform you of what you were getting into when you purchased the bond, you may be entitled to financial compensation.
The Financial Industry Regulatory Authority (FINRA) hears arbitration complaints made against negligent and irresponsible brokers, brokerage firms, and financial advisors alike. When you have a qualified bond loss lawyer at Wolper Law Firm by your side, you have a legal professional advocating for your right to full restitution for your investment losses.
What Are Bonds and How Do They Work?
You can think of a bond as a type of loan. When you (as an investor) purchase a bond, you are essentially loaning money to an individual, corporation, municipality, or even government entity. In exchange for the loan, the issuer is responsible for paying back the entirety of the loan, plus the agreed upon interest rate.
The interest rate on bonds is what makes them a good option for investors. They are often less risky, less volatile, and provide a regular, predictable income stream. However, bonds are not suitable for everyone, and there are many instances in which you may lose money due to your investment in bonds.
Broker Negligence or Misconduct Involving Bonds
As with any type of loan, the issuer’s credit can play a factor in whether you would loan them money. Therefore, there is always the risk the issuer could default on the loan, which would result in losses for the investor.
Every time a transaction happens in your accounts, your stockbroker generates a commission. Therefore, they may have suggested your investment in a bond without disclosing the risks; purchased a bond without your knowledge; suggested a bond that did not align with your investment goals; or otherwise convinced you to invest in a bond that was not suitable for your goals.
When this happens, you may be able to recover your losses by filing a FINRA arbitration complaint against your financial advisor. In doing so, you could both recoup your losses and hold your broker accountable for their negligence or misconduct.
Get Help from an Experienced Bond Loss Lawyer
If you are interested in learning more about how a reputable bond loss lawyer at Wolper Law Firm could help you recoup your investment losses in their entirety, contact our office to schedule a free, no-obligation consultation. You can give our office a call at 800.931.8452 or submit the quick contact form included below when you are ready to get started on your FINRA arbitration complaint.