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Securities Law Firm Mark A. Tepper P.A. Investigating Alleged Claims against Oppenheimer & Co. for recommending FAZ and other non-traditional ETFs to elderly customers

Jun 13, 2016

The Mark A. Tepper securities law firm is currently investigating alleged claims against Oppenheimer & Co. and other brokerage firms for selling non-traditional ETFs such as leveraged, inverse, or inverse-leveraged exchange-traded funds (ETFs) to elderly customers. FINRA recently sanctioned Oppenheimer & Co. $2.9 Million for unsuitable sales of Non-Traditional ETFs and related supervisory failures.

Did your broker recommend Direxion Financial Bear 3x (NASDAQ: FAZ), Direxion Small Cap Bear 3x (NASDAQ: TZA), Direxion Financial Bull 3x (NASDAQ: FAS), Proshares VIX Short term (NASDAQ: VIXY) or options on VIXY?

If your broker recommended leveraged, inverse or inverse-leveraged ETFs, you may be eligible to recover your FAZ, TZA, FAS, or VIXY losses. Are you looking for an attorney to sue your broker to recover your losses for recommending FAZ, TZA, FAS, or VIXY? We are accepting clients with FAZ, TZA, FAS, or VIXY losses.

How Investors May Recover FAZ, TZA, FAS, or VIXY losses

Investors, whose brokers unsuitably recommended non-traditional ETFs such as leveraged, inverse or inverse-leveraged exchange-traded funds (ETFs) like FAZ, TZA, FAS, or VIXY, may be eligible to file claims for recovery against their broker.

Did your broker explain the risk of loss in these or other non-traditional ETFs?
Did your broker recommend too high a concentration of these or other ETFs in your accounts?

If the answer is “yes” you may have a claim against your broker to recover losses you sustained.

For a free case evaluation from the law firm of Mark A. Tepper P.A., email attorney Mark A. Tepper at askmark@marktepper.comor telephone 954-961-0096.

About Mark A. Tepper, P.A. (www.MarkTepper.com)               

Attorney Mark A. Tepper is the former Chief Trial Counsel at the New York Attorney General’s Bureau of Investor Protection and Securities. He has earned the reputation of “Investor Advocate” while practicing law for over 35 years representing individual investors. FINRA arbitrators have upheld stockbroker fraud claims filed by Mr. Tepper against many brokerage firms. A member of the Florida, New York and California Bars, Mr. Tepper is peer-reviewed for 15 consecutive years, AV PREEMINENT® for ethical standards and legal ability, the highest rating of lawyers in the Martindale-Hubbell Law Directory.

MEDIA CONTACT:
Mark Hopkinson  NewsMark Public Relations
561-852-5767  mhopkinson@newsmarkpr.com

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Securities fraud, also known as stock fraud and investment fraud, is a practice in violation of the securities laws that induces investors to make purchase or sale decisions on the basis of untrue or misleading information, which can result in losses. The choice of a lawyer is an important decision and should not be based solely upon advertisements. This website may contain attorney advertising and is a form of law firm advertising. Prior results do not guarantee a similar outcome. Each case is different and is judged on its own merits.

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Investors can also obtain more information about, and the disciplinary record of, any FINRA-registered Broker or Brokerage firm, using FINRA's Broker Check.
Broker Check is a free service for investors and can be found at www.finra.org/brokercheck.

A stockbroker fraud securities lawyer can help you take action in seeking recovery of your investment losses. The Mark A. Tepper securities law firm represents the interests of investors who have suffered stock losses as a result of fraudulent practices or stock broker fraud. Free consultation on stock fraud from Fort Lauderdale, Florida Securities Lawyer. located in Ft. Lauderdale, and serving investors in Florida including Aventura, Boca Raton, Delray Beach, Fort Lauderdale, Hallandale, Hollywood, Jacksonville, Key Biscayne, Miami, Naples, Orlando, Palm Beach, Parkland, Pembroke Pines, Pompano Beach, Tampa and Vero Beach.

LEGAL TIPS FOR INVESTORS FROM THE MARK A. TEPPER LAW FIRM

• If it sounds too good to be true, it probably is.
• Don’t sign a new account agreement unless you understand it.
• Hang up on cold callers, especially those calling with “the opportunity of a lifetime.”
• Ignore high pressure sales tactics such as “if you don’t act now.”
• Save all promotional materials, in the event of a dispute over how the investment was described.
• Get it in writing. Don’t rely on verbal representations which may be convenient for the broker to forget during a dispute.
• Do not blame yourself. Brokers have a duty to recommend only suitable investments.
• Generally, the higher the investment return, the greater the risk.

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