2011 was an up and down year for the stock market. But a few stocks were just down, WAY down. The following is the top 10 biggest stock losers of 2011:
Monster Worldwide (MWW): -69%
First Solar (FSLR): -67%
Alpha Natural (ANR): -65%
American International Group (AIG): -64%
[Related -Bank Stocks: The Misbegottenness of the Volcker Rule Truly Knows No Bounds]
MEMC Electronic (WFR): -63%
United States Steel (X): -59%
Hudson City Bancorp (HCBK): -59%
Bank of America (BAC): -58%
Netflix (NFLX): -58%
Cablevision Systems (CVC): -57%
[Related -Netflix, Inc. (NFLX) Q4 Earnings Preview: What To Watch?]
Did your financial advisor bet big on one of these disastrous stocks? If so, the securities attorneys of The White Law Group may be able to help.
Financial professionals and brokerage firms have a duty to recommend only investments that are appropriate for the client in light of the client's age, investment experience, net worth, and investment objectives.
If your financial advisor bet big on one of these stocks in your accounts, you may have a claim to recover your losses through FINRA arbitration.
FINRA is the regulatory body governing the securities industry. It has a dispute resolution forum specifically designed for disputes between investors and brokerage firms.
If you believe that your financial professional took an unnecessarily risky position in one of these stocks, the securities attorneys of The White Law Group may be able to help.
For a free consultation, please call The White Law Group's Chicago office at 312/238-9650.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
For more information on The White Law Group, visit http://www.whitesecuritieslaw.com.