Legal Question in Investment Law in Florida
cheating on my commodity account
My margin account was being liquidated at low price and being bought back same position at higher price at the same day on April 21, 2006 without my authorization. I was not officially informed the trading transactions until May 31,2006 while I telephoned the head office ( located at Day County) in
Miami, Florida. I lost all my profit money from the unauthorized transaction. Despite repeated calls and certified mails confirming their agreement on the telephone to audit my account and return the money owed to me. I have neither received any profit money nor any letter from them to explain the discrepancy of cash in account between credit memo and trade confirmation dated on April 21,2006. I need an attorney who is in practice on law of precious metal trading to help me recoup the money owed to me.
2 Answers from Attorneys
Re: cheating on my commodity account
We need to know more details concerning your problem. Please contact us for a free consultation.
Re: cheating on my commodity account
Unauthorized transactions, or "churning," by a broker who is operating on commission is a basis for complaint against both the broker and the brokerage house. If you wish to discuss your case, please contact me; I will need to review your position statements.
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