Churning
If your financial institution, investment professional or financial advisor recommends or executes trades solely to generate commissions, you may be entitled to recover your investment losses and damages, plus the amount of any excessive commissions. Our Gilman Law, LLP, Naples, Florida Securities Office and its lawyers will thoroughly analyze your account to determine whether your account has been churned or whether you have suffered from other similar violations of law. Our analysis will include a determination of the turnover ratio on an annualized basis. The annualized turnover ratio includes a determination of the cost of purchases made for a portfolio over a specific period of time and involves the quantification of a number of complex factors including the amount invested, the purpose of the investment purchase, sale, replacement or turnover. A high turnover ratio of at least five indicates that an account has been churned.
Legal Help for Victims of
Gilman Law LLP, Naples, Florida, Securities Office is a leading Florida securities fraud law firm and is here to help you recover damages for your churning claim. For a FREE evaluation of your churning case, please fill out our online form, or if you need to speak to one of our Florida churning lawyers immediately, CALL TOLL FREE (1-888-252-0048) today.
For over 40 years, we have represented investors with investment losses due to churning in counties throughout Florida, including Collier County, Lee County, Charlotte County, Hillsborough County, Miami Dade County, Broward County, Orange County, Duval County, and Palm Beach County.