New York, NY securities attorney Jenice L. Malecki talks about how defective securities & proprietary investment cases differ from traditional securities fraud cases. She shares that these cases differ from traditional fraud claims in that the broker is often not intentionally misleading investors. Instead, brokers may have been trained to present certain information about defective products in a way that they did not know was false. In many instances, the primary suit is directed at the investment itself or the brokerage firm responsible for selling it. These firms may have trained brokers inadequately or failed to disclose known defects in the product, leading to inappropriate sales to clients. In several cases, brokers even sold these products to themselves or their families. She has personally represented brokers and their families in such defective securities cases, navigating the complexities of both liability and client protection.