Investor Education

Financial Advisor Misconduct – Fraudulently Procured Releases

Financial Advisor Misconduct – Fraudulently Procured Releases

Financial advisors owe fiduciary duties to clients with whom they have a relationship of trust and confidence. Calhoun County v. Blue Cross Blue Shield Michigan, 297 Mich. App. 1; 824 N.W.2d 202 (2012) (addressing agent-principal relationship generally); Hamameh v. Gilson, 2014 WL 6679261 (Mich. App. 2014) (addressing financial advisor-client relationship specifically); Kleer v.…