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Contractor Dispute — financial advisor churning account

Started by throwaway_investor_IL · Dec 26, 2025 · 291 views · 5 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
TI
throwaway_investor_IL OP

Looking for advice on a legal issue. Here's what happened.

financial advisor churning account. I've been dealing with this for about 15 weeks now and the situation isn't improving.

I have already tried to resolve this directly but got conflicting advice.

What are my legal options here? Is it worth pursuing?

NH
need_help_investor_2022

Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.

FK
FreelancerKate

I've seen this play out several times in my field.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.

AF
asking_for_friend_employee_2025

NAL, but from what I've read, you should document everything. That said, definitely get a lawyer to look at the specifics.

DB
desperate_buyer_CA

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

TL
Mod_TermsLaw Moderator

I specialize in this area of law. Here's my take on the legal issues.

The legal framework here involves both federal and state law. At the federal level, the relevant statute. Your state may provide additional protections.

Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.

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