Legal Question in Securities Law in Georgia

Negligent Stockbroker

I discovered that my stockbrocker (for several years) had been terminated from his company for alcohol abuse. He had been discovered with alcohol on his breath during work hours on different occasions. Subsequently he was send to get a drug/alcohol test and failed. Is the company liable for not letting me know immediateley of his condition if they knew about it for some time. I was never told all of these detais; I found out through his ex-girlfriend. The brokerage company simply handed over my account over to another stockbroker with no explaination.


Asked on 7/26/01, 9:50 pm

1 Answer from Attorneys
Mark Tepper Mark A. Tepper P.A.

Re: Negligent Stockbroker

Do you have any complaint about the way your account was handled? Did you have substantial losses in your account? If you did not suffer any financial loss and you now have a new broker, you have no reason to complain about the former broker. What would your damages be?

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Answered on 7/27/01, 2:40 pm


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