Two stockbrokers,in clear violation of the rules of their employer, sold worthless stocks to unsuspecting customers. There was no question that the brokershad the actual or implied authorityto sell the stock. The customers who lost money sued the brokerage firm, contending it was liable for their losses because the brokers had apparent authority.

You provide a sound analysis and support for your belief that the customers will be successful in their lawsuit against the brokerage firm, what type damages do you believe they will be able to recover?Please support your response.