SunTrust received an $80,000 fine for overcharging investment advisory accounts. It appears that the misconduct lasted approximately two and a half years. SunTrust has returned approximately $500,000 to investors to make up for what it claims was an inadvertent accounting error. If you believe you are being overcharged by your brokerage firm, contact the attorneys at Investor Defense Law LLP at no charge to find out whether you have a valid claim.
Investor Defense Law LLP is a law firm dedicated to helping investors in California, Georgia, and Washington recover losses caused by stockbrokers, financial advisers, or investment firms. To learn more, contact an investment fraud attorney at 800.487.4660.