Securities disputes can feel overwhelming, especially when you’ve placed your hard-earned money into investments you thought were secure. If things go sideways, small claims arbitration offers a straightforward way to resolve your issues without the hassle of court proceedings. But what are the most common types of securities disputes that make their way into small claims arbitration? Let’s dive in and explore the top five securities disputes that lead to small claims arbitration, so you’re prepared if the need arises.

1. Breach of Fiduciary Duty

When you trust a broker or financial advisor, you expect them to act in your best interests. However, breaches of fiduciary duty happen more often than you’d think. For example, an advisor might prioritize their commission over your financial goals, leading to poor investment decisions. Small claims arbitration gives you a platform to hold them accountable without lengthy courtroom battles.

Attorney Ben Akech, a proud member of the Public Investors Advocate Bar Association (PIABA), has helped clients navigate these disputes. His experience in securities arbitration ensures your case gets the attention it deserves. With the right legal support, you can turn a frustrating breach into a fair resolution.

2. Unauthorized Trading

Have you ever noticed trades in your account that you didn’t authorize? That’s unauthorized trading, and it’s more common than it should be. Brokers are required to get your consent before making trades on your behalf. If they don’t, it’s a clear violation of securities laws.

Small claims arbitration allows you to challenge these unauthorized trades. By presenting evidence such as account statements and communication records, you can make a strong case. And don’t worry—this process doesn’t have to be as complicated as it sounds. An experienced arbitration lawyer can make all the difference.

3. Misrepresentation or Omission of Facts

Sometimes, brokers or advisors may present an investment as a “sure thing” while conveniently leaving out key details about the risks. This misrepresentation or omission of facts can lead to significant financial losses. For instance, you might invest in a product believing it’s low-risk, only to find out later that it’s highly speculative.

This type of dispute often lands in small claims arbitration because it’s easier and faster than going to court. You’ll need to prove that the missing information directly impacted your decision to invest. With a knowledgeable attorney like Ben Akech by your side, you’ll be well-prepared to present your case and recover what you’ve lost.

4. Excessive Fees and Commissions

Nobody likes hidden fees, especially when they eat into your hard-earned returns. Excessive fees and commissions are a frequent source of friction between investors and brokers. These disputes often involve unclear fee structures or charges for services you didn’t agree to.

Small claims arbitration lets you challenge these unjustified costs. By reviewing your account agreements and statements, you can pinpoint where the fees went wrong. This process might seem intimidating at first, but an arbitration lawyer can help simplify things, ensuring your claim is clear and persuasive.

5. Failure to Diversify Investments

“Don’t put all your eggs in one basket.” You’ve probably heard this advice before, and for good reason. Diversification is a fundamental principle of smart investing. When a broker fails to diversify your portfolio, it exposes you to unnecessary risk.

If this lack of diversification causes financial harm, you have every right to seek compensation. Small claims arbitration is an effective way to address this issue without draining more of your resources. With a lawyer experienced in securities disputes, you’ll have the guidance needed to navigate the process successfully.

How Attorney Ben Akech Can Help You

Securities arbitration can feel like a maze, but you don’t have to face it alone. Attorney Ben Akech, a PIABA member, specializes in representing investors in small claims arbitration. His expertise ensures you understand your rights and get the compensation you deserve. Whether you’re dealing with unauthorized trades or hidden fees, Ben’s dedication to his clients sets him apart.

Wrapping Up: Protect Your Investments

Small claims arbitration might sound intimidating, but it’s a practical way to resolve securities disputes. From breaches of fiduciary duty to excessive fees, these cases often involve clear-cut violations of trust. With an experienced arbitration lawyer on your side, you’ll be ready to fight for what’s rightfully yours.

So, if you’re facing a securities dispute, don’t hesitate to seek legal help. The sooner you act, the sooner you can move forward with confidence. Remember, it’s your money—and you have every right to protect it.