Losing your retirement money or other investments due to someone’s misconduct can put you in a tough spot. However, you may be able to recover compensation through arbitration or other legal avenues. Meyer Wilson is committed to helping Hayward City residents who have been victims of investment fraud.
Our California investment fraud lawyers help people fight back against high-risk or fraudulent investment schemes in California and nationwide. If an unscrupulous financial advisor caused you to lose your nest egg, please reach out to us as soon as possible. We offer free case evaluations, and we only get paid if we win your case.
Our California investment fraud lawyers are here to help you achieve the financial recovery you deserve.
Investment Fraud Examples
Investment fraud takes place when financial advisors engage in misconduct, resulting in significant losses for clients. If you suspect that someone’s deceitful actions led to your losses, it’s crucial to take immediate action, as time limits often apply for recovering damages.
Here are some examples of the kinds of cases our law firm handles:
- Ponzi schemes: These fraudulent schemes rely on new investors’ funds to pay returns to earlier investors, creating a cycle that eventually collapses, causing substantial financial harm.
- Churning: The excessive buying and selling of securities in a client’s account by a broker, primarily to generate commissions, often results in financial losses for the investor.
- Faulty asset allocation: This involves implementing an investment strategy that improperly distributes assets, impacting the overall performance and risk profile of a portfolio.
- Breaches of fiduciary duty: Violations of legal and ethical obligations by a fiduciary, such as an investment advisor, can lead to financial harm.
- Pump and dump scams: These fraudulent schemes involve artificially inflating (pumping) and then selling off (dumping) for illicit gains, leaving investors with substantial losses.
- Broker theft: The unlawful misappropriation of funds or assets by a financial broker is obviously devastating for clients.
- Excessive 401k fees: Charging investors unreasonably high fees on retirement accounts can diminish their long-term returns and erode their savings.
- Failure to execute trades or provide oversight: Neglecting to carry out trades as instructed or working without proper oversight can result in missed investment opportunities and losses.
- Misrepresentation, omissions, or negligence: Providing false information, omitting crucial details, or displaying negligence in financial advice or transactions can harm investors.
These are just a few examples. Additionally, we address concerns related to private placements, unauthorized trading of auction rate securities, overconcentration, hedge fund fraud, and recommendations that go against your best interests.
If any form of deceitful action by an advisor caused you to lose money, don’t hesitate to reach out to us for assistance. Early investigation is key to uncovering fraud and recovering financial compensation.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
Compensation Recovery for Investment Fraud
As investment and securities fraud lawyers serving Hayward City, CA, our mission is to help people recoup losses resulting from financial advisor misconduct.
Each case is unique, but you may be entitled to the following damages:
- Lost principal investments
- Lost interest and dividends
- Missed gains you would have earned
Additionally, you have the option to seek compensation for other incurred losses, such as advisory fees, lost opportunity costs, and tax penalties. Meyer Wilson accepts cases on a contingency fee basis, so you won’t pay for our services upfront. Instead, our fees are a percentage of the compensation we recover for you.
Taking Action Against Investment and Securities Fraud
If you suspect financial misconduct, whether in Hayward City or elsewhere, prompt action is essential. Reporting misconduct and pursuing legal remedies are crucial steps toward recovering your losses.
Here are some steps to take if you suspect fraud:
- Gather evidence: Collect relevant documents, emails, or other communications associated with the questionable investment. This evidence is crucial to constructing a compelling case.
- Alert authorities: With the assistance of an experienced lawyer, they may recommend that you report the suspected fraud to agencies such as the U.S. Securities and Exchange Commission (SEC) or the California Department of Financial Protection and Innovation (DFPI). These entities investigate fraud and enforce the securities laws but won’t actively pursue the recovery of your losses. You must do that yourself or with a lawyer’s help.
- Seek legal counsel: Consult with an experienced investment fraud attorney serving Hayward City, CA, to assess your case, explain your rights, and explore your options for pursuing compensation.
- File a legal complaint: Your attorney will help you file a claim against the at-fault party and choose between arbitration or court proceedings based on the circumstances. This initial filing marks the beginning of the legal process.
- Monitor finances: Keep a close eye on your investment accounts for any suspicious activity. Promptly notify your attorney and the relevant authorities of any additional red flags.
Don’t let the responsible broker or financial advisor get away with harming your portfolio. Our investment fraud lawyers serving Hayward City, CA, have a track record of successful case results, and we are prepared to leverage our experience in your case.
Our lawyers are nationwide leaders in investment fraud cases.
Speak With a Hayward City Securities Fraud Attorney
If you believe an unethical advisor or broker has stolen or misappropriated your funds, don’t hesitate to take action. One of our investment fraud attorneys serving Hayward City, CA, is available to help you explore your legal options. A qualified attorney from our team will assess the viability of your claim and, if they accept your case, guide you through your next steps.
Please reach out to Meyer Wilson today to discuss your situation with a securities fraud attorney serving Hayward City. If our law firm handles your claim, we will work tirelessly to restore your finances and hold the dishonest party accountable.
Contact us now to schedule your free consultation.
Recovering Losses Caused by Investment Misconduct.