A broker that does not act in the best interests of their client may be in violation of the law. There are even circumstances that could arise in which the brokerage house that employs the broker could be held legally liable for damages to be paid out to the victims in these situations. They may have not done what they were supposed to in order to keep their people in check. It happens more often than you might like to think.
In the event that you have received financial advice from a brokerage house that you believe was not in your best interest you should contact a lawyer right away. You can go over the details of your case with that individual in a consultation to figure out if there does appear to be a case or not.
A lot of people are shocked to find out that their financial broker was not acting in a way that would help them. That broker may well have actually acted in such a way that damaged the value of the shares that the person ended up purchasing. Such a breach of trust cannot be left to stand. Get in contact with an attorney about this kind of issue as soon as you possibly can. You won’t regret it.