Failure to
Follow Instructions
 
 
Failing to Follow Instructions:


A broker is obligated to follow the instructions of the customer with respect to buying or selling a stock. If you instructed your broker to buy or sell a stock and he failed to do so, or he said he would but did not, he is liable to you for failing to follow your instructions.

In some instances, the broker will not necessarily ignore your instructions, but might pressure you not to sell because he has too much of the stock in his account, and selling more will cause the price to fall, which costs the broker money. Failure of a broker to follow your instructions, and improperly pressure you to change your instructions, can be grounds for recovering your loss.
Back to Broker Misconduct
Home           About Us           Broker Misconduct           Choosing a Lawyer           How We Recover           FAQ           Contact Us           Disclaimer
Utah Investor Protection
© Copyright 2008 Heiner Law Offices. All rights reserved.