Investment fraud schemes are often characterized by offers of guaranteed returns and low- to no-risk investments. When you lose money at the hands of a brokerage firm you entrusted with your investments, you need an attorney who knows how to handle investment fraud and can help you get your money back. Helping avaulta mesh lawyer Get Through a Complicated ProcessSecurities fraud cases are extremely complex and require experienced lawyers with special skills to navigate the process. Securities fraud, in its most basic form, happens when the public is misled into buying a security based on inaccurate information about a company and its operations, financial condition, or future earnings potential. In other cases, corporate misconduct, such as improper behavior by management or misstatements of earnings, may come into play.
When you retain our firm to represent you in a FINRA arbitration claim you don’t pay us anything up-front or out of pocket. Rather, we only take a fee if we successfully recover money for you. For this reason, below we have addressed some of the most frequently asked questions our clients have had regarding stock loss and broker misconduct. If your concerns have not been answered on this page, you can discuss your questions with your attorney during your free consultation. Selling Away – If you have been sold a security that the brokerage firm that employs your broker does not hold or otherwise offer, your stockbroker has been inappropriately selling away.
Do I have to decide if I want to file a claim for stock losses by a certain date?
If you choose not to do this, the broker must get your permission for each separate trade before making it. An experienced stockbroker misconduct attorney can help you file claims if you have experienced unauthorized trading. Investments can be a great way to achieve your long-term financial goals. However, the investing world can be challenging to navigate, especially avoiding investment fraud.
Why do so few investors file claims to recover investment loss?
The team of legal professionals at the Law Office of Russell Forkey will not let that happen to you. Author, Lecturer, and AdvocateScott lectures at law schools, industry conferences, and investor rights groups around the country. He has authored numerous articles about investors and the arbitration process, and he is a regular commentator in leading publications, including a widely-accepted primer on the SEC’s new Whistleblower program. The typical securities class action takes approximately two to three years from when the initial complaint is filed until the case concludes either with settlement funds distributed to stockholders, or by judgment or dismissal. This, however, is only an estimate; some cases have taken longer, especially when there are appeals, while others have taken significantly less time to resolve.
Find out if you have a case against your broker by calling Erez Law orfilling out our online contact formto get in touch. A dedicated investment fraud lawyer of our team will return your call and collect more information about your situation.Our consultations are always free, confidential, and protected by the attorney-client privilege. Some financial advisors and brokers also make improper use of margin accounts to purchase speculative or volatile stocks, or tread margin accounts as lines of credit. Our investment fraud lawyers at Shepherd Smith Edwards and Kantas, LLP have worked with many investors across the United States.
There are several ways irresponsible broker behavior can expose customers to unnecessary risks. FINRA’s BrokerCheck shows complaints and disciplinary actions filed against brokers or firms. When brokers manage assets of $100 million or more, national organizations like the SEC and the Financial Industry Regulatory Authority or FINRA get involved. Brokers and firms are also regulated by many federal and state laws. Unfortunately, broker misconduct and fraud happen every day in the financial world. The following are signs your broker may not be totally on the up and up.
The misrepresentation or omission of material information regarding an investment that results in losses may be considered a breach of fiduciary duty, and victims of this form of investment fraud may be able to recover their losses. Investors seek out the advice of brokerage and investment firms with the expectation that their brokers will act in their best interests with the goal of maximizing their portfolio returns. When a stock broker engages in misconduct, including fraud, negligence, unauthorized trading or any other type of deceptive activity, both the broker and their brokerage firm may be held liable for the customer’s financial losses. Stock broker fraud and misconduct can have devastating results and each stock market loss lawyer at Zamansky LLC is committed to helping victims obtain the financial recoveries that they deserve.
However, many new and inexperienced investors easily fall victim to investment fraud. Sometimes it is because you are misled into unsuitable investment options by a financial advisor or stockbroker. Our law firm has been in existence for more than 65 years, and is recognized as one of the preeminent law firms in the United States. Based on law firm verdicts and settlements exceeding $30 billion, our securities fraud lawyers are committed to seeking justice for the victims of investment fraud and misconduct. The misrepresentation or omission of investment information by a financial advisor or broker may be an intentional act of fraud or due to negligence. In some circumstances, investors may buy so-called junk bonds, which are high-interest, high-risk corporate bonds.