Excessive trading is an unethical and unlawful investment practice that can cause serious financial losses. If you believe your financial advisor or broker has churned your account, you have the right to hire a Phoenix investment fraud lawyer and pursue compensation for the losses you’ve incurred.
At Meyer Wilson, we have over 75 years of combined experience handling churning cases. A Phoenix excessive trading or churning lawyer from our team can pursue a settlement that covers your losses. No matter how serious your case is, you can count on us to get the financial recovery you deserve.
Understanding Excessive Trading or Churning
Churning, or excessive trading, occurs when your broker intentionally buys and sells securities in your account to generate commissions rather than to further your investment strategy. Evidence of this offense usually involves frequent transactions that do not align with your goals or risk tolerance, leading to unnecessary fees and potential losses.
Churning can also constitute a breach of fiduciary duty that can undermine your investment portfolio’s performance and lead to serious losses.
If you believe you’ve lost money due to churning, don’t hesitate to reach out to a churning lawyer from our team. A skilled churning lawyer serving Phoenix, AZ, can investigate your case, gather evidence, and pursue helpful damages.
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$350 Million for Our Clients Nationwide.
How a Phoenix Excessive Trading / Churning Lawyer Can Win Your Case
Obtaining damages for churning can be a difficult process that requires a great deal of legal knowledge and resources. Luckily, our investment fraud lawyers have the experience and connections necessary to make your case as successful as possible.
Most churning or excessive trading cases are resolved at arbitration, which is a legal process that our team excels at. In fact, our excessive trading/churning attorneys serving Phoenix are leaders in the national bar association that handles arbitration claims for defrauded investors.
We can draw on our extensive knowledge of the arbitration process to get the results you need to replace your losses and move forward with future investments. During arbitration, you and the offending financial advisor will present your sides of the story to a panel of one to three arbitrators.
The arbitrators will then make a decision on the case, which is usually final and legally binding. If your case reaches a positive conclusion, you’ll likely receive compensation for the losses you incurred due to excessive trading.
Compensation Our Team Can Pursue on Your Behalf
A successful arbitration claim for churning can yield a number of helpful damages. When you meet with a churning attorney taking cases in Phoenix, AZ, they’ll discuss the losses you’ve incurred and determine which types of damages you’re entitled to receive.
We’ll calculate the overall value of your claim and answer any questions you have about the compensation you’re owed. If your case is successful, you could receive any of the following financial remedies:
- Compensatory damages
- Interest
- Lost profits
- Attorney’s fees
- Punitive damages
Depending on the circumstances, these damages can help you recuperate your losses and build your investment portfolio back to where it was before your financial advisor engaged in fraudulent practices. However, getting these forms of compensation can be a challenging process. That’s why you’ll want to hire an attorney handling cases in Phoenix to represent you.
Our lawyers are nationwide leaders in investment fraud cases.
No Fee Unless We Win Your Case
At Meyer Wilson, we don’t want to put any more financial strain on your current situation than there already is. That’s why we’re willing to provide our legal services and counsel on a contingency fee basis. In other words, we won‘t charge you upfront or out–of–pocket for our advice and advocacy.
Instead, we’ll take a percentage of the money you receive from your case. If you don’t receive compensation for your claim, you won’t be expected to be covered by any legal fees. We hope this method of payment will make it as easy as possible for you to get the skilled representation you need to recover losses.
During your free consultation, an excessive trading/churning lawyer from our team serving Phoenix can answer any questions you have about our policy. They’ll also explain the fee we’ll take from your settlement and address any other concerns you have about the legal process.
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Meet With a Knowledgeable Churning Attorney for Free
Discovering that you’ve incurred losses due to churning or excessive trading can be incredibly frustrating. You might feel like no one is on your side, but that’s not true. The team at Meyer Wilson is here to fight for you and pursue the outcome you need to move forward. We’ll work tirelessly to investigate your case, file a strong claim, and obtain compensation.
Contact us today to schedule a free consultation with a Phoenix excessive trading/churning lawyer from our firm. We’ll meet with you to discuss your case, explain how we can obtain the financial recovery you deserve, and answer any questions you have about our services. We look forward to hearing from you soon.
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