Dear John Chapman,

Dear John Chapman,

My broker took an unusually high commission on a transaction.

Can I sue?

-Curious Carl

Dear Curious,

Yes. A broker can charge high commissions in many ways, including high transaction fees, high annual advisory fees and churning. Churning happens when a broker makes trades in order to make money for himself rather than for the investor. Give us a call and we will be able to further investigate.

Sincerely,
John Chapman

John S. Chapman

If you have a question for John Chapman, please email it to
dearjohn@johnschapman.com

Dear John Chapman,

I was a so-called investor in a stock that was $1.00 per share with a minimum investment of $10,000.

I was in a group of local people that all put in money to reach that amount. I only invested $500 and I received a...

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Dear John Chapman,

My financial advisor sold me bonds that are very poorly rated and have high fees.

She did not tell me about the fees or that there is an early withdrawal fee of 1%. What options do I...

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