Financial advisors and brokers are expected to uphold a certain standard of care when managing their client’s investments and recommending opportunities. Unfortunately, some advisors engage in practices that benefit themselves and hurt unsuspecting investors like yourself.
If you’ve lost money to an investment fraud scheme, you’re probably worried about how the financial hit you’ve taken will impact your life. The good news is that the California investment fraud lawyers at Meyer Wilson can help you get your money back. A Newport Beach investment fraud lawyer from our firm can work tirelessly to obtain remedies on your behalf.
Examples of Investment Fraud a Newport Beach Lawyer Can Seek Damages for
Fraudsters and dishonest advisors are always finding new ways to cheat hard-working investors out of their money. If you’ve fallen prey to an investment scam, you’ll want to work with an attorney who has experience helping clients recover from similar situations.
At Meyer Wilson, our Newport Beach investment fraud lawyers have recovered compensation for clients impacted by a variety of fraudulent practices. We can draw on our in-depth knowledge to pursue the compensation you need to recuperate from losses resulting from:
- Broker theft
- Ponzi schemes
- Unsuitable recommendations
- Unauthorized trading
- Forging documents
- Unapproved and illegal investments
If you’ve lost money to one of the dishonest broker tactics listed above or another form of investment fraud, our team is here to help. We’ll meet with you to discuss your investment loss and create a legal strategy geared toward getting your money back.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
How a Newport Beach Investment Fraud Attorney Can Fight for Your Recovery
Hiring a seasoned attorney to help you pursue financial remedies will significantly increase your chances of receiving the outcome you’re looking for. Attempting to file a claim on your own may result in errors and filing mistakes that could stop you from obtaining a fair payment.
Recovering remedies lost to investment fraud also requires a complicated arbitration process that only the most knowledgeable advocates can navigate effectively. Our investment fraud attorneys serving Newport Beach, CA, have over 75 years of combined experience handling claims, arbitration hearings, and everything in between.
We can confidently say that our team has what it takes to make your case successful. Here’s what we’ll do to help you replace your losses and regain confidence in your future investments:
- Gather evidence of the losses you incurred and the advisor’s unlawful actions.
- Work with forensic accountants and other experts to strengthen your case.
- File a Financial Industry Regulatory Authority (FINRA) arbitration claim.
- Navigate the arbitration process, present opening and closing arguments, and push for a final decision that meets your needs.
- Attempt to obtain payment via mediation or direct negotiation with the offending party’s representative.
- Provide sound legal advice throughout the process, ensuring you always understand what’s happening with your claim.
Seek Fair Compensation for Your Losses
If a securities fraud lawyer from our team completes the steps mentioned above, it’s highly likely that they’ll be able to obtain sufficient compensation for the financial losses you’ve taken on. Here are some of the remedies a successful case can yield:
- Trading losses
- Interest and dividends
- Money you would have made if your investment was handled lawfully and properly
- Cancellation of the contract you have with the offending broker or advisor
- Profits that your advisor obtained illegally
- Punitive damages
- Attorney’s fees
Our law firm is committed to getting you access to the remedies and damages listed above. If we are successful, you’ll be able to put this difficult situation behind you and look forward to new investment opportunities.
How to Prevent Investment Fraud in the Future
Once we’ve helped you get your money back, you’ll want to do everything you can to avoid a similar situation in the future. According to our highly knowledgeable investment fraud lawyers serving Newport Beach, CA, here’s what you can do to protect yourself from fraud:
Learn More About the Broker
Learning about the advisor or broker you’re working with can help you determine if investing with them is safe. Request an X-17-A-5 form from the brokerage form to see their audited financials.
To view information regarding the firm’s net capital reporting, look it up using the U.S. Securities and Exchange Commission’s electronic data, gather, analysis, and retrieval (EDGAR) system.
Avoid Common Red Flags
There are many red flags you should look for that suggest the broker you’re dealing with is trying to defraud you. Proceed with extreme caution or cease communication with the advisor or broker if you notice one of the following warning signs of investment fraud:
- High-pressure sales tactics
- Pressure to invest without discussing the investment opportunity with loved ones or third-party advisors
- Advisors who are secretive about their investment strategies
- Guaranteed high returns with little to no risk involved
- Investments that lack proper documentation
- Unlicensed advisors
- Lack of communication with advisor
- Limited time offers
Our lawyers are nationwide leaders in investment fraud cases.
Meet With a Trusted Securities Fraud Attorney for Free
If you believe your money has been stolen by an unscrupulous advisor or lost by a negligent broker, the most important thing you can do is meet with a Newport Beach investment fraud lawyer to explore your legal options. They’ll determine if you have grounds for a claim and advise you on your best course of action.
Contact Meyer Wilson today to schedule a free, no-obligation consultation with one of our securities fraud lawyers. If they agree to work with you, they’ll work tirelessly to get the results you need to return to the financial position you were in before investing with the offending broker.
Recovering Losses Caused by Investment Misconduct.