You can take action to get back the money you lost through investment misconduct by hiring a Los Angeles Ponzi scheme lawyer from our team at Meyer Wilson. We have over 75 years of combined experience that we can turn to in your unique situation.
A Los Angeles investment fraud lawyer from our firm can provide you with a risk-free consultation to determine if you experienced losses due to a Ponzi scheme that was sold to you by a financial advisor or investment adviser who was affiliated with a financial firm. We can then review the steps you need to take to secure compensation.
Find out more about the services we offer by calling or completing our online contact form.
Why Hire a Ponzi Scheme Lawyer in Los Angeles?
Hiring an attorney means you’ll have someone to represent your best interests and help you get back the money you lost due to a Ponzi scheme sold to you by your trusted investment professional.
If your financial advisor led you into a Ponzi scheme, you will likely have to go through FINRA (Financial Industry Regulatory Authority) arbitration to secure compensation. This process can become very complex and challenging to understand without professional assistance.
Fortunately, your lawyer can explain what to do if you suspect a Ponzi scheme, answer all of your questions, and handle all aspects of arbitration on your behalf.
How do You Recognize a Ponzi Scheme?
You may notice several red flags that indicate a Ponzi scheme in Los Angeles. Ponzi schemes are a kind of securities fraud. Typically, someone will convince other people to invest in a fake enterprise with promises of high returns.
Many investors see early returns when dealing with a Ponzi scheme. However, the money comes from new investors instead of investments. Eventually, these schemes break down.
You may have legitimate concerns if your financial advisor:
- Promises you high returns and little to no risk
- Exaggerates potential earnings claims
- Shows a steady flow of returns, regardless of current market conditions
- Uses very complex or secret strategies for investment
- Does not provide documentation about the investments
Additionally, Ponzi schemes often make it hard for you to remove the money you earned from an account. A Ponzi scheme attorney in Los Angeles can go over the specifics of your situation and determine if you face this form of misconduct.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
Reasons to Hire Us to Handle a Ponzi Scheme
Our team at Meyer Wilson draws on over seven decades of combined experience when handling Ponzi scheme cases. We’ve helped thousands of clients like you and brought them fair compensation for their losses.
For example, we recently brought a client over $3,800,000 after they lost money due to a Ponzi scheme. We showed that their financial institution ignored red flags, resulting in these losses. You can review our case results to see more examples of our work.
We have the resources, training, and experience to handle FINRA arbitration. We proudly take a client-centered approach to all our cases, and we’re ready to answer any questions you may have today.
We Work on a Contingency Fee Basis
Our team handles Ponzi scheme claims using a contingency fee system, so you only pay us for legal fees after we resolve your case. You won’t face additional financial pressures when you turn to us for help.
How Your Attorney Will Help with a Ponzi Scheme Case
We can address all your concerns after you lose money in a Ponzi scheme. You can rely on us to:
Explain FINRA Arbitration
Most cases involving Ponzi schemes sold by financial advisors will go through FINRA arbitration. Generally, investment firms require you to sign paperwork agreeing to this form of arbitration in the event of a dispute, so you cannot file a lawsuit against your advisor.
Our team will explain the specific regulations surrounding FINRA arbitration so you can get back your peace of mind and clearly understand your next steps.
Collect Evidence on Your Behalf
We need to prove that a Ponzi scheme resulted in your loss of funds in order to bring you compensation. Therefore, our team can quickly work to collect evidence. For example, we may look into bank statements and internal documentation from an investment firm.
Assess All of Your Losses
We will add up all the financial losses you experienced due to a Ponzi scheme when handling your claim. We want to help you recover fair compensation for your lost investments.
Manage All Paperwork for You
FINRA arbitration often involves filing a lot of paperwork. We take over filling out and submitting these forms, ensuring that we include all relevant information. We know how time-consuming this process can be, so we will handle it for you.
Monitor Your Deadlines
Deadlines to move forward with FINRA arbitration if you experience losses in a Ponzi scheme can vary significantly. Therefore, we strongly encourage you to discuss your case with a lawyer to see how much time you have to move forward with your claim.
We’ll give you specific information about any potential time limits you face and keep your claim moving.
Our lawyers are nationwide leaders in investment fraud cases.
Who Has to Pay You for Ponzi Scheme Losses?
Several parties may hold liability for your losses in a Ponzi scheme. We strive to identify everyone who potentially caused your financial losses through misconduct. For example, depending on your circumstances, we may pursue arbitration against:
- The individual or group that operated the Ponzi scheme
- A financial advisor who recommended you invest in a Ponzi scheme
- Sales agents involved in pushing fraudulent investments
- Investment firms that promoted a fake investment
We’ll take steps to identify the parties responsible for your losses so we can pursue them for compensation on your behalf.
We Are The firm other lawyers
call for support.
Talk to Us About Handling a Ponzi Scheme in Los Angeles
You can work with a Los Angeles Ponzi scheme lawyer from Meyer Wilson to seek compensation if you lose money through this type of misconduct. We’re standing by to help today. Call or fill out our online contact form to learn more about your options.
Recovering Losses Caused by Investment Misconduct.