How Can You Detect A Breach Of Fiduciary Duty?

Fiduciary duty is a special responsibility. A fiduciary must act according to the interests of someone else, such as their client or company. Unfortunately, not everyone respects or understands this obligation.

As an experienced law firm in Louisville, Ballard Rogers Law Office, PLLC, faces the complexities of fiduciary violations. You might suspect that your investor, a trustee or another fiduciary is acting immorally. We can assist you with finding the truth and — if necessary — holding them accountable.

Contesting The Actions Of A Trustee

While grieving the loss of a loved one, it can be especially hurtful to encounter problems with their trustee. The trustee is responsible for managing assets and funds in a way that respects the decedent's wishes. When they fail to serve the interests of the estate, they may face serious legal consequences.

Our lawyer is ready to provide help for improper actions of a trustee, including:

  • Negligently allowing property damage or decay of funds
  • Failing to keep clear records of asset transfers or investments
  • Commingling their personal funds within the trust or outright theft

To pursue a civil lawsuit against a trustee, you must qualify as an eligible party. We can advise you regarding eligibility and the mismanagement of a trust at a free initial consultation.

Securities And Financial Fiduciary Duty

Another common form of breach of fiduciary duty occurs in financial professions. Stock brokers and financial advisers must avoid conflicts of interest. As their client, you should be able to trust that your broker's advice will strategically serve you.

Our law firm has successfully pursued claims with Kentucky clients who suspected that their financial consultant did not act in their best interest. Retain an experienced lawyer if your adviser accepted investing incentives or caused unreasonable financial harm.

Consult A Trusted Lawyer

Attorneys are another group of people who hold fiduciary duty. At Ballard Rogers Law Office, PLLC, we keep our clients' best interests ahead of our personal gain at all times. Through listening to our clients, we understand how frustrating it can be to experience a breach of fiduciary duty, which is why we emphasize our commitment to your needs.

We are honored by our clients' trust in us. Allow us the privilege of representing you. Call 502-208-5059 to begin learning about your options. You may instead request an appointment online for more information regarding your case.