The S&P 500 index has been doing great over the last 12 months. If your broker or financial advisor has mismanaged your money and significantly underperformed the index it could be a sign of broker negligence. There are a number of factors that need to be looked at such as risk tolerance, suitability, age, excessive trading, and a number of other factors to determine if broker fraud or negligence occurred. One starting point is to take a look at a list of securities at the bottom of this page and see if your broker invested your money in any of these and failed to limit your losses.
The stocks below have a market capitalization of over $1 billion (so they are widely held), have more sell than buy recommendations, have decreased in value over 35% in the last 52 weeks, and are listed on the AMEX, NASDAQ, or NYSE.
If your broker or financial advisor invested your money in the below losers or you have other significant losses over $50,000 please get in touch with Soreide Law Group PLLC to discuss how we can help you recover your losses. We service nationwide USA and do not charge a fee unless there is a recovery.
|BVN||Compania de Minas Buenaventura SA (ADR)|
|SID||Companhia Siderurgica Nacional (ADR)|
|JCP||J.C. Penney Company, Inc.|
|CLF||Cliffs Natural Resources Inc|
|AMD||Advanced Micro Devices, Inc.|
|OIBR||Oi SA (ADR)|
|APOL||Apollo Group Inc|
|YZC||Yanzhou Coal Mining Co Ltd (ADR)|
|HMY||Harmony Gold Mining Co. (ADR)|
|MTL||Mechel OAO (ADR)|
|ANR||Alpha Natural Resources, Inc.|
|KCG||Knight Capital Group Inc.|
|NIHD||NII Holdings, Inc.|
|WLT||Walter Energy, Inc.|
|ACI||Arch Coal Inc|
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.