Amanda S. asked

⚖️  Law

I have an issue with a retail brokerage house that liquidated a position of mine using their discretion and a faulty valuing system, resulting in a negative account balance. The brokerage's actions included poor risk assessment, incorrect portfolio valuation, and no prior phone call or chance to wire funds before liquidation. Do I have any legal case here, or is their arbitration agreement usually ironclad?

January 9th, 2024

Marcus R. answered

This situation may involve negligence, which requires proving (1) the existence of a duty on the def...

January 9th, 2024

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