V
victoriaNg
Guest
I live in Austin, TX.
Back in April, I sent a check for my yearly dep on my Roth IRA to Etrade. Instead dep into that account they deposited to my Regular Brokerage account which i haven't touched for several months (a yr plus). So when I logged in and see that amount had been deposited without realized it was not the right account, I immediately calculated what to buy and placed the limit orders (for long term since it is Roth IRA accnt). Couple weeks later, I logged in and realized they deposited in a wrong account and shares had bought! I requested them to transfer these new security shares to my Roth IRA. Instead of that they transfered funds (money) over which i don't have avail in that account. I have been attempted to contact them several times on the fone, over the emails but only get some idiotic and unprofessionals responses back. I was heavily traveling during April and May and need to prepare for the trips so I did not able to check it so often. So after almost 3 months emails/calls back and forth, finally I panicked to see my shares were sold on my regular account! I called and threated to sue, instead they credit me back 70 dollars while all my shares in my regular account has been sold to cover this money fund transfering that I have no longer have avail in the account. Now the question is can i sue them legally for mental distress and the loss they caused on my regular account (since most of them I bought at high price couple yrs ago). I got so upset so open an account at Amex to transfer all my accounts back in June. Anyway, Etrade sent me a letter recently and said it is my responsibilities to monitor my Roth IRA/ Regular account daily. I said I do not responsible for your firm's mistake. Am i right or wrong on this one? Can I file a law suit against them? Pls advise? I threat to go public and write an article regarding about this matter so public could aware this matter. Can i do this? And what lawyer should I contact to sue Etrade for this kind of matter? Thank you all. Victoria
Back in April, I sent a check for my yearly dep on my Roth IRA to Etrade. Instead dep into that account they deposited to my Regular Brokerage account which i haven't touched for several months (a yr plus). So when I logged in and see that amount had been deposited without realized it was not the right account, I immediately calculated what to buy and placed the limit orders (for long term since it is Roth IRA accnt). Couple weeks later, I logged in and realized they deposited in a wrong account and shares had bought! I requested them to transfer these new security shares to my Roth IRA. Instead of that they transfered funds (money) over which i don't have avail in that account. I have been attempted to contact them several times on the fone, over the emails but only get some idiotic and unprofessionals responses back. I was heavily traveling during April and May and need to prepare for the trips so I did not able to check it so often. So after almost 3 months emails/calls back and forth, finally I panicked to see my shares were sold on my regular account! I called and threated to sue, instead they credit me back 70 dollars while all my shares in my regular account has been sold to cover this money fund transfering that I have no longer have avail in the account. Now the question is can i sue them legally for mental distress and the loss they caused on my regular account (since most of them I bought at high price couple yrs ago). I got so upset so open an account at Amex to transfer all my accounts back in June. Anyway, Etrade sent me a letter recently and said it is my responsibilities to monitor my Roth IRA/ Regular account daily. I said I do not responsible for your firm's mistake. Am i right or wrong on this one? Can I file a law suit against them? Pls advise? I threat to go public and write an article regarding about this matter so public could aware this matter. Can i do this? And what lawyer should I contact to sue Etrade for this kind of matter? Thank you all. Victoria