Bob Gonser was contacted by the grandson of an elderly widow who was concerned his grandmother had been fraudulently solicited to place proceeds from the sale of her farm land into approximately $1.7 million in highly speculative securities. After returns on his grandmother’s investments ceased to provide monthly income as promised, our client was left with no income other than her social security. Bob Gonser successfully negotiated a settlement with Respondents after arguing they failed to properly manage her account to reflect her conservative objectives, instead placing our client in investments which were high risk and speculative and only suitable for people who could afford to lose their entire principal.