Question about lawsuit for broker

lasner said:
It's advice on placing the manual trade. Wrong advice is negligent advice. Unreal.
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on what universe do you live? I mean seriously? LOL :)

there is no obligation of "advice" for giving you simple instructions on a manual trade

you are clearly not there LOL :)
 
lasner said:
Where did you get your law degree, retard? hahaha. At least this site is entertaining. You don't deal with anyone credible but at least it's funny
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that lawyer is going to take all your money LOL :)

god what a loser LOL
 
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What's up with your assertion you own a broker? I tried to show some sympathy and I still do believe brokers can't sign away every responsibility, especially when they hand out false information. But you don't make it easy to show sympathy with you.

lasner said:
The order was already executed it has nothing to do with a GTC. Even if you sign a form that says the broker is exempt from all responsibility and you hold all of the responsibility. That may not be legally binding in a court. i own a brokerage, you cannot sign away responsibility. You can have people sign that but that does not mean that will hold in court
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Listen, I agree that customer is overall responsible, BUT if a licensed customer service rep told him (on tape recording as required by regulators) that a normal stop order works just fine then I am absolutely sure most judges would show sympathies to the client to some degree. It really depends on the absolute details of the recorded conversation, every word counts, and nobody here can know for sure without knowing such details. So, I would be a little careful with your blanket statements and quick on the fly judgment.

DevBru said:
The issue is you didn't check a box that clearly said the order wouldn't be executed outside regular hours, or you didn't set the order as GTC. Both are your fault, you should check the settings of the orders you sent to the market.

You asked your broker to explain on how to place an order, they clearly did since you did place the order. You fucked up the settings, suck it up.

Damn this thread really is pathetic ...
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Ha, those fucking morons tell you anything to pull money out of your pocket. I strongly believe you should rest this and move on. While I still believe there is a slight possibility that the broker carries some of the fault (though you definitely carry most) you will with absolute certainty enter a suit with a level of risk that should disqualify you from ever trading in the first place. Chalk up the loss and move on. It's in your best interest even if your broker carries part fault.

lasner said:
I just got off the phone with an attorney. He told me I have every right to file and should win based on:

· Law of Negligence – The brokerage should not give advice, they are negligent in the advice they gave and I lost $3,700 due to their negligent advice. They should not give advice.

· Promissory estoppel – contract clause

· Adhesion contract – They are forcing you to sign the contract to do business. I am a consumer with weaker bargaining power and they are a business with stronger bargaining power. They are basically forcing me to sign their contact with their liability clauses.

· They can not force me to pay their legal bills in small claims court.
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He asked for advice on the stop order, not technical support but a licensed client rep. Then he mentioned small claims court not a full scale law suit.

He does not seem all that smart but you are apparently trying very hard to come across as even dumber.

DevBru said:
:banghead::banghead:

As you said yourself earlier, you didn't ask for advice on the trade, they didn't give advice on the trade, they just helped you placing the stop. Which you failed to place correctly because you didn't know what you were doing and you failed to check all the settings, you failed to understand how to place the order and how to place it correctly. You and only you are responsible for this fuck up.

You don't stand a chance in court, have fun wasting even more money.
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That does not absolve the broker to talk shit and hand out WRONG advice.

JSOP said:
He asked for a technical question of HOW to place a particular order on the trading software not to place a trade on his behalf so he might have been handed to just a junior csr just to advise him on that. Job titles are not important.
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DiceAreCast said:
That does not absolve the broker to talk shit and hand out WRONG advice.
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1) You believe Lasner, so what else is there to say...

2) That is the definition of tech-support. It's not advice. Who is more likely to get it wrong? Lasner (full stop dipshit) or a guy who deals with r****** like this every day?

IB forces arbitration. They will bring the tape to the hearing. Lasner loses. Plus, they will put him on closing only and let him twist in the wind until he wires out.

https://www.interactivebrokers.com/en/software/am/am/manageaccount/futuresarbitrationagreement.htm

And yeah, everyone signs the AA.
 
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