As an investor, you expect a financial advisor to prioritize your best interests. Unfortunately, this doesn’t always happen. Some advisors engage in unlawful activities to benefit themselves at the expense of clients. If you see any unexplained activity in your portfolio, a securities fraud lawyer serving Boca Raton, FL, will investigate.
The team at Meyer Wilson has been advocating for investors like you since 1998, and we’ve recovered over $350 million for our clients. Our Florida investment fraud lawyers will help recover your losses and hold the responsible party accountable. Call us today for a free case evaluation.
Our Boca Raton Securities Fraud Lawyers Handle Different Types of Cases
Various types of actions can constitute securities fraud, but the outcome is always the same: innocent victims suffer financial harm. As investment fraud lawyers, we will empower you to take legal action to protect your financial well-being. You can trust us to handle your case and fight for your family’s financial future.
Common securities misconduct and fraud cases include:
- Failure to supervise: A brokerage firm or its supervisory personnel fail to properly oversee the activities of their financial advisors or other employees. The lack of oversight can create a dangerous environment where advisors perform unauthorized transactions, give unsuitable recommendations, or engage in fraud.
- Over-concentrating portfolios: A securities professional places an excessive concentration of your assets into a single investment, sector, or asset class. This practice disregards the principles of portfolio diversification and can expose you to heightened risk.
- Risky investments: Risky investments can constitute misconduct when a financial advisor recommends them to you without properly disclosing the associated risks or misrepresenting the level of risk involved.
- Churning: An advisor engages in excessive trading in your account to earn higher commissions. Churning results in you incurring high trading costs while the advisor reaps the financial rewards through the increased commission revenue.
- Risky oil and gas investments: Financial professionals steer you toward energy investments, such as oil and gas exploration companies, without disclosing the heightened risks associated with those sectors. Advisors may downplay the volatility and speculative nature of these investments.
Throughout our legal practice, we have handled many types of cases, which has provided us with valuable insights into different scenarios. This extensive experience equips us with the knowledge needed to address the distinctive challenges that each case may present.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
How to Recognize Securities Misconduct
Identifying securities misconduct can be tricky, even when the warning signs are present. It’s like solving a complex puzzle; the individual pieces may be there, but the connections are not always obvious. This is especially challenging for new investors who entrust their life savings to financial professionals.
The early signs of securities misconduct can be hard to spot because they can take many different forms. This makes it difficult to know when your trust in a financial advisor has been breached.
These are red flags that could mean securities fraud or misconduct:
- Excessive and unauthorized trading
- Lack of transparency
- Poor performance inconsistent with market trends
- Inadequate risk disclosure
- Overly complex securities strategies
Closely monitor your securities portfolio to detect misconduct. Pay attention to any deviations from the expected performance of your investments or any unexplained transactions in your account. These could be indications that something is not right and that further investigation is needed.
Taking Legal Action After Securities Fraud
If you’ve been the victim of securities fraud, you could get your money back. An experienced investment fraud attorney can look at your case and find the best way for you to recover. At Meyer Wilson, we’ll listen closely to your story and use all the evidence to help you make a strong case. We’ll develop a personalized strategy that focuses on your specific goals.
FINRA Arbitration
If you decide to take legal action against the financial advisor who caused you harm, the case will likely be resolved through arbitration. This process is an alternative to going to court, and it’s usually more efficient and quicker. It allows you to address the misconduct and potentially get your money back in a more timely manner.
The Financial Industry Regulatory Authority (FINRA) oversees the arbitration process. An impartial arbitrator or a panel of arbitrators will listen to both sides of the case and make a binding decision.
Securities Litigation
In the uncommon situations where arbitration is not an option, you can file a lawsuit against the responsible advisor. This legal path allows you to present the case before a judge and jury, which provides a more public and official forum to try to recover financial losses.
It is very difficult to go through a lawsuit without legal representation. However, a securities fraud attorney serving Boca Raton, FL, will protect your interests throughout the entire legal process. Having an experienced attorney as your strategic partner can be invaluable.
Our lawyers are nationwide leaders in investment fraud cases.
Call a Boca Raton Securities Fraud Attorney Today
If you have any concerns about your securities advisor’s actions, don’t dismiss those gut feelings. Talk to an experienced securities fraud lawyer serving Boca Raton. We can review your portfolio and determine if your financial advisor was engaged in misconduct.
The team at Meyer Wilson has extensive experience in securities fraud cases. We understand the complex details involved and can walk you through the necessary legal process. Contact us today to discuss your legal options.
Recovering Losses Caused by Investment Misconduct.