Nathan Karras, a registered broker with Stifel, Nicolaus has been accused of making executed unauthorized, excessive and “ultra-aggressive” trades. He also allegedly misrepresented material facts related to an annuity product, recommended an unsuitable investment and breached his fiduciary duty, among other things. Making ultra-aggressive trades is a particularly egregious activity, one that is done so that the broker can make large commissions, typically at the expense of the client. A broker must take into account a client’s age, net worth, investment objectives and investment portfolio before recommending investments. If you or someone you know lost money with Nathan Karras, please call our law firm today to find out how you can bring a legal claim against Stifel, Nicolaus for not properly supervising Karras. We sue firms in the FINRA arbitration forum on a contingency fee basis only, which means we only make money if you recover yours. The call is free so please call today. 312-332-4200. We are based in Chicago and Barrington, Illinois.
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