Misrepresentations and Omissions | Claims for Misrepresentation and Omissions
The anti-fraud provisions of federal and state securities laws require banks, brokerage firms, and investment professionals to be truthful in all written and oral sales presentations to investors. All prospectuses, offering materials, private placement memorandae, marketing materials, and oral presentations must fully disclose all material risks and features of any investment. The presentations must balance the positive and negative aspects of the investment and fully disclose what the investment professional and their employer will earn from the recommendation without misrepresentations and omissions.
Failing to disclosing or misrepresenting material risks of investments to investors may subject banks, brokerage firms, and investment professionals to liability for statutory and common law securities violations. Common fraud claims occur when written offering materials fail to fully disclose material risks to investors or when investment professionals downplay significant risks of an investment to potential investors.
Legal Help for Victims of Misrepresentations and Omissions
If you purchased a security where the promotional materials or investment professional failed to fully disclose or omitted material risks, you may have a claim for damages under the theory of misrepresentations and omissions. The Investment Losses Law Firm of Gilman Law LLP is a leading securities fraud law firm and is here to help you recover damages for the material misrepresentations and omissions. For a FREE evaluation of your case, please fill out our online form, or if you need to speak to an attorney right away CALL TOLL FREE (1-888-252-0048) today.