One potential issue you could run into with your broker is if they tell you to quickly buy a specific stock because the company is about to pay out a dividend on that stock. Brokers will sometimes act as if this gives you a fast, easy way to make money, or they'll even present it as an upcoming gain -- saying you can get a fast 5% return, for instance.
When you suffer losses in your investment portfolio that you believe goes beyond the typical actions of the market, you could have some legal recourse. There are several factors that could have contributed to your losses for which you can seek relief.
In early June, the Canadian social media giant Kik began seeking funding to fight the U.S. Securities and Exchange Commission (SEC). They estimated that it would cost 5 million to do so.
A law that emerged out of the Great Depression still guides securities laws today.