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
- Wachovia Securities Agrees to $1.4 Million FINRA Fine for Failure to Deliver Prospectuses to Customers FINRA is fining Wachovia Securities, LLC $1.4 million for its alleged failure to provide customers ....
- SEC May Sue State Street Corp Over Investor Losses Related to Mortgage-Backed Securities The Securities and Exchange Commission is considering whether to file civil charges against State ....
- Evergreen to Pay Over $40 Million to Settle SEC and Massachusetts Securities Division Charges that Funds were Overvalued Evergreen Investment Management Co., which distributes Evergreen mutual funds and related entities, ....
- Former Stifel Nicolaus and A.G. Edwards Stockbroker Pleads Guilty to Mail Fraud A former stockbroker that used to work for A.G. Edwards and Stifel Nicolaus has pleaded guilty to ....
- SEC Securities Fraud Lawsuit Accuses Beverly Hills Money Manager Stanley Chais of Leading Investors Into Madoff Ponzi Scam The Securities and Exchange Commission is suing Beverly Hills money manager Stanley Chais for ....
- Raymond James and RBC Capital Markets Fined $1.4 Million in Total Over Improper Stock Lending Activities The Financial Industry Regulatory Authority says that RBC Capital Markets Corp., Raymond James & ....
- JP Turner & Co., Legent Clearing, LLC, Park Financial Group Inc. & Four Individuals to Pay More than $1.25 Million in FINRA Fines for Alleged Penny Stock Violations The Financial Industry Regulatory Authority is accusing Park Financial Group Inc., JP Turner & Co., ....
- Ex-Morgan Keegan Adviser Pleads Guilty to Stealing from Senior Investor A former Morgan Keegan adviser has pleaded guilty to charges that he stole from an elderly investor. ....
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.