Our attorneys and staff have more than 100 years of combined experience in the securities industry and in securities law. Several of our firms' attorneys served as a vice president or as compliance officers of one or more major brokerage firms. Our experienced team is devoted to assisting institutional and individual investors nationwide to recover losses caused by the inappropriate actions of investment advisors and their firms. We offer a free consultation to those who contact us through our Website. Se habla español. (We have extensive experience representing investors outside the United States with claims against U.S. based investment firms.
Daily Headlines: "Wall Street Fraud!"
Millions of Investors Have Lost Their Life Savings and Retirement Assets!
Yet, properly invested any losses would have been small. Many investors' lives were destroyed because brokerage firms lied to their clients (and brokers) or other misconduct or negligence by the firm or broker. It is wrong when life savings are lost through unsuitable high risk stocks, options, mutual funds - or even annuities or bonds! Margin borrowing often made the losses even greater. Some brokers and firms now blame investors for their own losses. Don't be fooled by these tactics!
If you feel you may be a victim of Wall Street fraud or negligence contact our securities lawyers for a free consultation.
What is Broker Fraud?
"Broker fraud" includes theft, lying and deceit, but it also includes other types of wrongdoing, such as churning, unauthorized transactions, unsuitable investments and other acts of greed, incompetence and negligence by stockbrokers, financial planners, and others in the securities industry. Common forms of broker misconduct.
There are regulations and laws written to protect investors. Securities regulators "police" the securities industry and issue fines and suspensions. To recover their losses investors must file claims for recovery. Statistics demonstrate that they are far more likely to recover if they are represented by experienced securities lawyers. Since investors sign account documents at brokerage firms which almost always contain binding arbitration clauses, most claims against brokerage firms must be resolved in securities arbitration instead of court. Learn more about securities arbitration.
Our primary goal is to represent investors who have lost their savings and retirement when their brokerage accounts were mishandled. Our firm has represented thousands of clients nationwide who were victims of misrepresentations, commission churning, unsuitable investments, unauthorized transactions, execution failures, excessive mark-ups, disappearing funds, botched transfers, web-broker outages, "selling away" from firms, unregistered brokers, unregistered securities, improper margin liquidations, broker bribes, fraudulent research, "boiler room" sales practices and other wrongful acts. Those cases were concerning stocks, bonds, "penny" stocks, "junk" bonds, options, warrants, commodities, mutual funds, REIT's, limited partnerships, derivative securities and other investments. We have also handled other types of cases for investors and minority shareholders. More about our firm.
Check out your stockbroker from our list of recent NASD enforcement actions. Click here to learn why the SEC doesn't help defrauded investors and why you need to hire a securities lawyer to help you recover your losses.
Click here to learn about common mistakes that investors make when interacting with brokers after they suspect something is wrong.
Click here if you want to know how retirees are targets for unethical money managers. Here is some information about annuities, a prime investment product sold by stockbrokers in recent years partly because of the large commissions the sales generate.
- Puerto Rico Will Make $330M in Bond Payments, Defaults on About $37M The U.S. Commonwealth of Puerto Rico will pay about $330 million of what it owes on general
- Man Released from Prison Faces New Fraud Charges in $11M Investor Stock Scam The Securities and Exchange Commission is charging Edward Durante with bilking investors once again.
- SEC Files Charges in $80M Texas Oil and Gas Scam The U.S. Securities and Exchange Commission is charging Breitling Energy Corp. (BECC), Breitling Oil
- Merrill Lynch to Pay $425M to the SEC and $5M to FINRA for Misusing Customer Funds and Misleading Investors About Structured Notes Merrill Lynch will pay $415M to resolve civil charges accusing the firm of misusing customer funds
- Securities Cases: Medical Capital Executive To Pay Almost $40M for Private Placement Fraud, Momentum Investment Partners Accused of Not Disclosing Fees, and First Mortgage Corp. Settles Mortgage Fraud Claims Ex-Medical Capital Holdings COO Gets 10 Years in Prison Joseph J. Lampariello, the ex-president and
- Denver Broncos Quarterback Mark Sanchez and MLB Pitchers Roy Oswalt and Jake Peavy Defrauded in $30M Scam The Securities and Exchange Commission has gotten a court order to freeze the assets of investment
- Securities Headlines: FINRA Enforcement Officials Say They Are Keeping Their Eyes on Variable Annuities, Massachusetts Goes Looking for Rogue Brokers, and Man is Accused of Scamming Women He Met Online FINRA Takes a Closer Look at Variable Annuities At a recent Insured Retirement Institute Conference,
- US Supreme Strikes Down Law That Would Have Let Puerto Rico Public Utilities Restructure Their Debt The U.S. Supreme Court struck down a Puerto Rico law that would have let its public utilities