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Tracy Stoneman

Tracy Stoneman

Stoneman Law
  • Securities Law, Arbitration & Mediation, Stockbroker & Investment Fraud
  • Colorado, Texas
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Summary

Tracy Pride Stoneman is a nationally known securities lawyer who has been handling securities cases for almost 30 years. She co-authored the popular book BROKERAGE FRAUD - WHAT WALL STREET DOESN'T WANT YOU TO KNOW, (2002) with Douglas Schulz, a nationally known securities expert witness. She was a former Judge in Texas and has several Texas reported cases on securities arbitration topics. She has written numerous articles on securities arbitration with her latest article on Cryptocurrency. She represents investors nationwide and evaluates cases at no charge.

Practice Areas
  • Securities Law
  • Arbitration & Mediation
  • Stockbroker & Investment Fraud
Fees
  • Free Consultation
Jurisdictions Admitted to Practice
Colorado
Texas
Languages
  • English: Spoken, Written
Professional Experience
Education
Drake University Law School
J.D.
Vanderbilt University
B.A.
Professional Associations
Municipal Judge, City of Cockrell Hill, Texas
Member
- Current
Colorado State Bar # 25257
Member
- Current
piaba
Member
- Current
Websites & Blogs
Website
Tracy Stoneman's Website Profile
Website
Stoneman Law Website
Legal Answers
6 Questions Answered

Q. Are brokers required to tell me any information or notify me before buying stocks?
A: Not only must a stockbroker talk to a client immediately before each trade, the broker must go over pertinent information, such as the price, number of shares, pros and cons, etc. It is to be a detailed conversation. The only exception is if you gave your broker discretion to make trades without talking to you, but most folks don't do that. I hope that helps you.
Q. My broker gave me information about my holdings that turned out to be false. If I hadn't relied on his word, I would
A: You bet you can. That's called fraud and negligence and allows you to recover your losses. However, the strength of your case will depend on the answers to many other questions.
Q. Is my broker legally required to explain the trades they've made for me if my transactions statements don't make sense
A: Absolutely. By the way, unless the account is a written discretionary account, meaning you gave the broker the ability to buy and sell without talking with you, the broker is required to explain the trades to you BEFORE each and every trade!
Q. I don't think my broker has been giving me all of the pertinent details about my accounts and their trade decisions but
A: First, write a letter (or email) to the firm asking for everything you need. Give the firm a deadline to respond. A court won't help you unless you first document your efforts and the firm's refusal first.
Q. Can I be sued for taking someone’s money and saying that I would invest for them when I don’t actually invest for them.
A: Yes, because that conduct could constitute fraud and possibly breach of contract depending on the consideration paid.
Q. If a stockbroker embezzled my money, is there any way for me to get it back in a court action?
A: Not if your Customer Agreement with the firm has an arbitration clause, which it likely does.
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Contact & Map
Stoneman Law
Colorado Office
301 Snowcrest
Westcliffe, CO 81252
USA
Telephone: (719) 783-0303
Stoneman Law
Texas Office
3812 Mockingbird Ln
Dallas, TX 75205
USA
Telephone: (800) 783-0748
Fax: (214) 853-9300