To some, investments represent a bridge between hard-earned life savings and a comfortable retirement, while others see it as a means to grow their wealth. If a financial advisor’s negligence or wrongful actions endanger these aspirations, an investment fraud lawyer serving Denver, CO, will help you hold the at-fault party accountable.
At Meyer Wilson, we have dedicated our practice to helping clients who have fallen victim to investment fraud or financial misconduct. We understand the importance of protecting your financial future. Let us provide the legal guidance you need to navigate these challenging situations. Call us today for a free case review.
We Represent Different Types of Investment Misconduct Cases
Different types of events can lead to investment fraud or misconduct cases. While the scenarios may change, the one constant is that innocent victims suffer. As experienced securities fraud attorneys, we understand that the effects can have long-lasting repercussions for your financial security.
Our legal team has seen the many ways brokers can exploit their clients’ trust to serve their own interests. By handling a diverse portfolio of cases, we have developed effective strategies to help our clients recover.
In a Ponzi scheme, the operator typically promises high returns on investments that seem too good to be true. Instead of generating legitimate profits, the operator uses the capital from new investors to pay returns to earlier investors, creating the illusion of a profitable venture.
The scheme can only sustain itself if there’s a constant influx of new members, and when it eventually collapses, those at the bottom of the pyramid suffer substantial financial losses.
Our law firm helped two clients recover $650,000 from a brokerage firm that invested in a Ponzi scheme. As far as the clients knew, they invested in secured note funds. Instead, the broker used their money to pay for a luxurious lifestyle.
This refers to financial products or strategies not aligned with an individual investor’s unique financial objectives. For instance, advising a risk-averse, near-retirement individual to invest heavily in high-volatility stocks would be considered unsuitable.
We negotiated a settlement offer of over $10,000,000 for a group of investors who were sold unsuitable investments by a broker. Many of our clients were retirees who noticed that their portfolio took a sudden dip of 50% or more. We successfully settled the case within six months after filing the claims.
Meyer Wilson secured $450,000 for a developmentally impaired client who fell victim to theft by their stockbroker. The financial professional arranged numerous money transfers from the victim to third-party accounts so they could steal the money. The broker received a five-year prison sentence for their crimes.
How to Recognize the Early Signs of Investment Misconduct
Many investors may not have the expertise to detect irregularities or fraudulent activities in their portfolios. Misconduct can be artfully disguised, and those perpetrating it may go to great lengths to maintain the appearance of normalcy.
The following could be signs of investment misconduct:
- High-pressure sales tactics from your financial advisor.
- Frequent and excessive trading (churning) in your account.
- Unusually high fees.
- Discrepancies in account statements or irregularities in financial documentation.
- Unauthorized or unexplained transactions in your account.
You may find distinguishing between normal market fluctuations and red flags indicating fraud difficult. This is precisely where legal professionals like us become invaluable. We will review your portfolio and determine if there is cause for concern.
Reviewing Your Options for Financial Recovery
If you suffered losses to your investment portfolio due to a financial advisor’s negligence or fraudulent activities, you have a right to seek compensation. A securities fraud lawyer from our team will help you build a strong case against the at-fault party and receive the money you are owed.
This is the main avenue for seeking justice and financial recovery when a financial advisor wrongs you. The Financial Industry Regulatory Authority (FINRA) provides a forum where investors can resolve disputes with the person or company responsible for their losses.
Unlike traditional court proceedings, FINRA arbitration is typically faster, more cost-effective, and has its own set of rules separate from the rules for court cases. It offers a process where a panel of arbitrators assesses the facts, rendering a binding decision on the dispute.
We have extensive experience representing clients in FINRA arbitration cases, advocating for their rights, and pursuing fair compensation. If you’ve been a victim of investment fraud or misconduct, FINRA arbitration can be a powerful tool to hold wrongdoers accountable and recover your financial losses.
While most securities fraud cases are resolved through arbitration, this process is not one-size-fits-all. When alternative dispute resolution is not possible or recommended, victims could file a lawsuit against the liable party.
Taking your case to court without legal representation can be risky. Securities fraud cases are legally complex, involving intricate regulations that demand in-depth knowledge and experience. Working with a skilled investment fraud lawyer in Denver, CO, increases the chances of securing a successful outcome for your case.
Call Our Investment Fraud Attorneys in Denver, CO
If you suspect securities fraud or have concerns about the handling of your investments, it’s essential to consult with experienced legal professionals like those at Meyer Wilson. We can help you investigate and address any potential misconduct.
Our legal team will protect your interests and help you identify the best legal strategy for your case. Your trust in us is the first step toward seeking justice and securing the compensation you rightfully deserve. Contact us today for a free case evaluation.