At trial, we will prove that Brooks completely misrepresented the level of risk involved in his investment strategy, which caused his elderly client to lose over $750,000
Reno, NV (PRWEB) August 09, 2013
Thomas C. Bradley, an experienced securities attorney based in Reno, recently filed suit in Nevada State Court (Douglas County, NV., Case # 13 CV-0192) on behalf of an elderly investor who lost a significant amount of money after following the alleged unsuitable investment advice of Gordon Douglas Brooks and his financial consulting firm Diversified Stochastic Investments, Inc. – a California corporation located in Las Vegas, Nevada.
According to court documents, Gordon Brooks allegedly assured the plaintiff that he was an experienced and successful financial advisor who would provide her with a diversified and balanced portfolio. Brooks also allegedly assured the plaintiff that he would only invest her assets in safe and secure investments. Without informing his client or obtaining her consent, Brooks then allegedly invested his client’s funds in numerous risky and inappropriate investments over the course of several years.
“The defense believes that over time, Brooks became more of a market timer than an investor and may have used leveraged ETFs to make his market bets,” says Attorney Thomas Bradley about his case in court. “Gordon Brooks and his financial consulting firm Diversified Stochastic Investments have a legal obligation to recommend only suitable investments to their clients. At trial, we hope to prove that Brooks completely misrepresented the level of risk involved in his investment strategy, which caused his elderly client to lose over $750,000.”
About The Law Office of Thomas C. Bradley
Thomas C. Bradley has over 25 years of experience providing powerful legal representation for victims of securities fraud and financial misconduct. As a Certified Arbitrator for FINRA, Attorney Bradley is qualified to help resolve investors’ claims of broker misconduct, and has a proven track record of recovering large amounts of stock market losses caused by financial misconduct. Attorney Bradley offers free case evaluations for people who have lost money investing with a stockbroker or financial planner who misled them.
For more information about The Law Office of Thomas C. Bradley, please visit http://www.stockmarketattorney.com.