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Article: Bank of America Broker Betrayed Trust - Retirees Claim.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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The law firm of Securities Fraud Attorney Mark A. Tepper has filed claim against Banc of America Investment Services, Inc., a brokerage firm operating in Florida and located inside branches of Bank of America Corporation.
The claim contends that a Bank of America Broker gained the trust of an 82-year-old retiree who had suffered several strokes and his 75-year-old wife, and then took advantage of that trust because the couple was too old to protect themselves from the Broker's misconduct.
"The Broker gained Claimants' trust by (1) spending time at their house as often as four times a week; (2) fixing things in the house that needed repair; and (3) ...