Can a Securities Fraud Lawyer Help Recover Investment Loss?

September 1, 2022 0 Comments

We have in-house brokerage firm experience, compliance-side experience, as well as a combined over 30 years of securities arbitration and investment litigation experience. As former licensed brokers and defense lawyers, they have an insider’s view of those legal and regulatory issues, and how the financial services firms and their lawyers often treat and evaluate these matters. You should have their knowledge and experience on your side, aggressively fighting to make things right and help you recover your investment. When a brokerage is able to control a piece of the market, that firm can win big while investors lose, sometimes in dramatic ways. suffered losses in Kiromic BioPharma stock involves market makers, large investment firms with huge amounts of capital and publicly traded securities.

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We will go over some of these examples further in the following sections. When you begin working with a broker, you would usually give him or her relevant information to help in decision making. This enables your broker to make appropriate decisions that match your situation and preferences.

However, investment frauds will often trumpet the safety of their investment opportunities. They will often make promises of significant profits without underlying risk. Be wary of anyone who offers an investment that promises great returns with minimal risk. As you can imagine, powerful brokerage houses that have committed fraud and other unethical practices will not simply confess their misdeeds and make things right. They need to be pursued relentlessly through appropriate legal channels, which can include litigation, arbitration and mediation. If you’ve purchased variable annuities without being told the full story of how they work and what they cost, you may have a valid arbitration claim.

Some brokers are able to get away with engaging in misconduct because of the fact that they can hide the smaller losses as being a risk you took when you started investing. Sadly, sometimes it isn’t until an investor endures losses amounting to thousands, tens of thousands, or even hundreds of thousands of dollars that they discover such fraud. An experienced attorney will keep your case on track, so you do not miss any chance to make a full recovery. For example, many people in Florida use banks to manage their trusts. However, in most case, you only have six months to file a lawsuit against a bank for mismanaging your trust. If you have an inexperienced lawyer on your side, they could take the right first steps, only to have the bank delay the case until it is too late.

Recognizing the signs that you’re being defrauded of your investments is key to stopping and preventing it. One common type of investment is securities fraud, which includes fraud involving stocks, bonds, and mutual funds. Investment fraud occurs when an entity, such as a brokerage firm, takes your money with the promise of investing it and instead uses it for other purposes, resulting in monetary loss.

Our Stock Loss Lawyers Can Investigate Account Churning & Find the Liable Parties

Though, there are certainly some factors that make investments more risky. They haven’t followed their investments closely enough to notice, don’t understand their statement or the losses were concealed by the broker or firm. There is a long list of reasons investors may not seek recovery when they have suffered losses. Selling away is when a broker sells securities that are not offered or overseen by their member broker firm.

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Because Every Client is Important Contact the Law Office of Russell Forkey Many people who suffer a serious stock loss take time to mull over their options before taking action. This is caused by such things as feelings of despair, or embarrassment. If you make this mistake, inactivity could adversely affect your claim in ways that the average investor would not realize, with the worst being that the statute of limitations could run out and you may lose your chance to file a successful claim. Another big mistake made by investors is making a verbal or written complaint to the firm or the account executive. Many times these complaints come back to haunt the investor for a number of reasons, including the fact that the investor does not fully understand the issues involved in the dispute.

Investors can protect themselves from risk by ensuring a broker considers your best interests, not just their commission. Once we proceed with arbitration, we will not have the option of bringing your case to court. Depending on the complexity of your case, we will either be assigned a single arbitrator or a panel that consist of three arbitrators to hear your case. Sitemap | By Jake Zamansky | This website contains attorney advertising. Since a mediator does not make a binding decision, pursuing mediation allows disputing parties to retain complete control over the terms of their settlement.

What are most common types of broker or advisor misconduct that cause losses?

Every situation is unique, but we can typically guide you in the right direction after a short initial no-cost consultation in person or by telephone. We try to answer all of your questions and provide you with relevant information so that you can make informed decisions about your situation. Ponzi schemes are investment scam that fake returns and uses the money from new investors to pay existing investors. Buying and selling investments such as commission-based mutual funds.

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