I am writing to you to complain about self-dealing by my brokerage house and stockbroker, .
On , I opened a brokerage account at . I deposited $, which represented my retirement savings. I explained to the broker when I opened the account that I needed to carefully and conservatively manage this money. I also explained this in writing at the time I opened the account.
Almost from the moment I opened the account, I received calls from my broker, , touting one stock or another. He claimed that inhouse research recommended these “” stocks. invited me to lunch on many occasions and after several drinks, I agreed to invest in his recommended stocks. These stocks were losers. I lost over half the value of my investment in a short period of time. Please investigate.
Very truly yours,
[First Name][Last Name]
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