Financial advisor fraud may result from a variety of situations, many of which violate state and federal securities laws, thus giving rise to civil and /or criminal liability. A financial advisor may commit fraud by engaging in churning, or excessively trading an investor's account in order to increase commissions, investing assets in unsuitable, overly risky, or other inappropriate securities, acting negligently in managing a client's assets, engaging in unauthorized trading, making material misrepresentations or omissions upon which an investor relies, or by breaking the fiduciary duty owed to his or her client. While all cases are necessarily fact-specific, all of these situations may result in securities law violations. It is also essential to keep in mind that if you believe that you have a valid financial advisor fraud claim, you should immediately contact an experienced attorney for assistance, who can better advise you of any particular statutes of limitation or time limits that might adversely affect your potential claims.