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Just because the stock market has taken a downturn does not mean you should lose everything you invested based upon the advice of your broker. Unfortunately, several major investment brokerage firms have come under fire for allegedly issuing intentionally inaccurate stock reports.
The Securities and Exchange Commission (SEC) prohibits investment banks, brokerage firms, brokers and dealers from making misleading statements, omitting facts, or engaging in "fraudulent or manipulative acts and practices, in connection with the purchase or sale of securities". Securities firms are not permitted to mislead the public; if they do so, they are defrauding investors.
Merrill Lynch Stock Fraud Claims
If you invested with Merrill Lynch and believe you were defrauded, you may be able to recover your lost investments. People of all ages have been victimized by unscrupulous investment brokers. Individual investors, many who were employees of the defunct or downsized corporations perpetrating the fraud, have suffered catastrophic losses as they watch their investments, retirement accounts and dreams disintegrate.
Many people have lost between $5,000.00 and $25,000.00, or over $100,000.00. If you have ever had Enron stock in your portfolio between October 1997 and February 2002, and you have suffered losses in the amounts listed, you should give us a call. You may have been taken advantage of, mislead or defrauded by Merrill Lynch. We can help you determine whether or not you have a case.
If you believe you were victimized by Merrill Lynch, please call:
1-800-320-1000 for a free evaluation or if you prefer E-mail click:
Free Case Evaluation
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