Call Now For a Free Consultation:
(614) 502-6165

Securities America, Inc.

Consult with Our Legal Team
There is never a cost associated with a consultation
Brokerage Firms
For The Advocacy You Deserve Contact Us Today!
We’ll respond and let you know the best way to proceed with your case.

Investment Losses Caused by Securities America, Inc.

Have an Investor Claim Against Securities America?

Securities America is one of the nation's largest independent general securities broker-dealers. Founded in 1984, Securities America has more than 1900 financial professionals nationwide and is headquartered in Omaha, Nebraska. A securities brokerage firm licensed by FINRA, Securities America has a legal duty to supervise its brokers and its brokers' recommendations to clients to ensure compliance with and prevent violations of the rules of the security industry.

When an individual Securities America broker fails to properly supervise a client's account or acts in an unlawful, fraudulent manner against the interests of the client, investors who sustain serious financial losses as a result can file claims to hold the firm liable.

Securities America, Inc. Broker and Investment Misconduct

In 2010, Meyer Wilson reported that, in an attempt to delay proceedings against themselves, Securities America requested that the courts subpoena all other broker-dealers that sold Medical Capital notes. This subpoena request came after securities regulators from the state of Massachusetts filed a lawsuit against Securities America. The lawsuit alleged that the brokerage firm misled investors, specifically regarding Medical Capital private placements. Read the full story on the Meyer Wilson blog.

Even earlier in 2006, Securities America was fined by NASD $2.5 million dollars and ordered to pay $13.8 million in restitution to their investors. NASD found that Securities America had been participating in an investment scheme that targeted Exxon retirees.

According to a NASD representative, "Securities America's lack of supervision resulted in Exxon employees being fraudulently induced into retiring early based upon false and misleading projections of future investment returns on their nest eggs."

Any time a brokerage firm, like Securities America, misleads, defrauds, or neglects their clients' investment portfolio, and the investor loses a significant amount of money as a result, that investor can take action. Meyer Wilson's investment fraud attorneys are prepared to take action if you are an investor and lost more than $75,000 after investing with Securities America.

Speak with an Investment Fraud Lawyer Today

Why choose Meyer Wilson to handle your investor claim? Our attorneys are not only experienced, but have the expertise and financial resources you need to build a strong case. Investor claims and class actions are all we do. We are prepared to handle claims through all means, such as through federal and state courts, FINRA arbitration, AAA arbitration and private arbitration. We even help overseas investors who have claims against Securities America, Inc.

Columbus Office

614-224-6000
305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

310-905-8688
2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

216-600-1355
4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

248-817-8214
41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
crosschevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram