Published On: March 25, 2016

Did your financial adviser recommend you purchase Valeant stock? If so, those losses might be recoverable through the Financial Industry Regulatory Authority (FINRA) arbitration claims process. Brokerage firms have a duty to perform basic due diligence on investments before they are recommended to clients. Valeant Pharmaceuticals International Inc. is a drugmaker whose stock has tumbled about 70% this year amid questions about its accounting and business practices. If you were sold stock in Valeant, you may be able to bring a claim against the investment adviser and company who sold it to you. The investment may have been unsuitable and brokerage firms can be held liable for unsuitable investments. We sue brokerage firms in the arbitration process on a contingency fee basis.

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If you have suffered financial losses because of the negligence or fraud of your financial advisor or broker through unsuitable investment recommendations, over-concentration, churning, misrepresenting risks, conversion or selling away, you have legal rights and options to pursue recovery of those losses.

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