We have represented thousands of investors nationwide and recovered losses and other damages* for them from stockbrokers and their firms
*Results will vary depending on the facts of each case
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.)
From The Blog
- Berthel Fisher, VSR Financial Services, & Cetera Financial Modify the Way They Sell Nontraded REITs and Other Alternative Instruments Investment News is reporting that in the wake of pressure from regulators, Berthel Fisher & Co. ....
- FINRA Orders LPL Financial to Pay $7.5M Over Allegedly Inadequate Supervision of E-Mails In what is being called the SRO’s largest fine to date over e-mail violations, the Financial ....
- Ameriprise Financial, Securities America, & Three Other Brokerage Firms Reach $9.6M Non-Traded REIT Securities Settlement with Massachusetts Financial Regulator Secretary of the Commonwealth of Massachusetts William Galvin announced today that the state has ....
- Ex-NY Governors Pataki and Cuomo Tell AG Schneiderman to Ease Off On Former AIG Head In a joint op-ed, ex-New York governors George Pataki and Mario Cuomo are asking NY Attorney General ....
- California AG Files Lawsuit Against JP Morgan Chase Alleging Debt Collection Abuse Over 100,000 Credit Card Cases According to California Attorney General Kamala Harris, JP Morgan Chase (JPM) filed about 100,000 ....
- Number of Banks At Risk of Failing Goes Down According to The Dealmaker’s Journal, the list of banks in danger of failing has gotten smaller. ....
- FINRA Securities Activities: SRO Withdraws Proposal to Make Financial Firms Link to BrokerCheck, Gets Request from SIFMA to Modify ‘Inability to Pay’ Rule, and Says Broker-Dealers Can Give Investors PIP Data About ETPs SRO Says Brokerage Can Institutional Customers PIP Data About ETPs Under Certain Conditions ....
- Two Men Sentenced in Texas Securities Case Involving $30 Million Promissory Note Fraud that Bilked Investors Via Ponzi Scam In Harris County state District Court, two men have received prison terms of a decade each for ....
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 us 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 attorneys. 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.
