When you sign a contract with a financial advisor, you expect them to handle your money properly and not engage in fraudulent activity. Unfortunately, there are many dishonest advisors and investment companies who try to make a profit by defrauding unsuspecting investors like yourself.
At Meyer Wilson, our investment fraud lawyers serving New York have over 75 years of experience representing clients like yourself and have recovered over $350 million. We have the knowledge and resources required to guide you through the process of filing a complaint against an investment company in New York.
Remedies You Could Receive by Filing a Claim Against a New York Investment Company
As mentioned above, the team at Meyer Wilson has won impressive case results for countless clients who’ve found themselves in situations similar to yours. When you hire us to file a complaint against an investment company in New York, you can expect us to do everything we can to get the remedies you deserve.
If your claim is successful, you could receive several different forms of compensation, including, but not limited to, the following:
- Money your investment would have accrued if it was handled properly
- Profits your financial advisor made illegally
- Trading losses, interest, and dividends
- Punitive damages, depending on your case
No matter how serious your financial losses are, you deserve to pursue the remedies you’re owed. That’s why our team is eager to get started on your case and fight for a fair outcome. If all goes well, the award you receive will help you regain your financial stability and confidence in your future as an investor.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
How Filing a Complaint Against a New York Investment Company Works
Whenever you open an account with an investment company or financial advisor, you sign what’s called a “mandatory arbitration provision.” This agreement means that any disputes you have with the advisor will be settled through arbitration, not a lawsuit.
The arbitration process is administered by the Financial Industry Regulatory Authority (FINRA). The rules that govern arbitration are very different from those that apply to civil suits, so it’s important to hire an attorney who has extensive experience in the securities arbitration field.
When you work with a lawyer from our firm, they’ll investigate the potentially fraudulent practices you’ve fallen victim to and use the evidence they find to file a strong claim. They’ll also include how much compensation you are requesting in the initial claim.
Navigating the FINRA Arbitration Process in New York
Once your attorney has filed a complaint against the New York investment company, the company will respond to the complaint with information regarding their defense. Then, the FINRA arbitration process will begin. Before any hearings are held, both parties will be able to select the arbitrators who will decide the case.
Selecting arbitrators with care is important, as their decision will decide the fate of your case. We’ll work tirelessly to choose arbitrators who are fair and well-equipped to handle the case at hand. Once the arbitrators have been selected, pre-hearing conferences will take place to schedule when arbitration will occur and address any preliminary issues that have come up.
During the final arbitration hearing, your attorney and the New York investment company’s lawyer will present evidence, arguments, and expert witness testimony to the arbitrators. Once the panel of arbitrators has heard both sides of the dispute, they will deliberate and make a final, legally binding decision on the case.
If the arbitrators decide in your favor, they’ll determine how much compensation you should receive. Our attorney will work tirelessly to ensure the final decision makes up for the financial losses you’ve suffered.
Our lawyers are nationwide leaders in investment fraud cases.
How to Prevent Investment Fraud in the Future
Now that you’re familiar with the steps required to file a complaint against an investment company in New York, you might want to learn how to prevent similar instances of fraud in the future. Here are some precautions you can take to protect yourself from fraudulent practices in the future:
- Request an X-17A-5 form from the financial advisor to view their audited financials
- Use FINRA’s BrokerCheck tool to conduct a background check on the financial advisor
- Be cautious of large fluctuations in your investment
- Consult with an experienced investment fraud attorney if you suspect fraud
- Familiarize yourself with the warning signs of investment fraud
Taking the steps mentioned above can help you avoid dishonest financial advisors and help you invest safely. That said, sometimes, it can be difficult to tell if your investment is in the wrong hands. If you suspect that your financial advisor is committing fraud, an experienced attorney can investigate the situation and take the appropriate steps on your behalf.
We Are The firm other lawyers
call for support.
Schedule a Free Consultation With a Skilled Investment Fraud Lawyer
Filing a complaint against an investment company in New York can be a challenging process, especially when you’re dealing with the financial stress of investment losses. The good news is that the team at Meyer Wilson is here to guide you through the arbitration process and work hard to get the results you deserve.
Our team has helped many individuals like yourself get their money back from unscrupulous advisors. When you entrust your case with us, you gain the experience of a dedicated team of attorneys who know how to get meaningful results. Contact us today to schedule a free consultation with an investment fraud attorney and get started on your case.
Recovering Losses Caused by Investment Misconduct.