Failure to Execute Trades
At times, a broker may not wish to execute a transaction that the client requests. A customer may want to sell a stock, but broker does not think that is a good idea. If the broker were to dissuade the client from executing a certain transaction, then it would be difficult for the client to later try to recover damages.
It is important to realize that the failure to place the order must result in damages. For example, if the stockbroker does not sell and the price drops, then the stockbroker would not be liable for damages.
Help us evaluate whether you can seek recovery for “failure to execute” by contacting us to request a free consultation.