If you’ve lost $100,000 or more due to the negligence or wrongdoing of a brokerage firm or financial advisor, you have the right to hire an attorney and seek damages. At Meyer Wilson, we understand how stressful it can be to lose a significant amount of money due to fraud.
Our Florida investment fraud lawyers have represented investors since 1998. We have served thousands of clients and recovered over $350 million on their behalf.
We continue to provide aggressive representation and fight for a maximum settlement with every case. Reach out to an investment fraud lawyer serving Tampa to discuss your case.
Our Notable Settlements and Verdicts
Our investment fraud lawyers serving Tampa, FL, have recovered many impressive settlements and verdicts for victims of investment fraud and financial adviser misconduct.
You’ll have peace of mind knowing you’re working with a firm that has achieved the following victories for similar cases:
- $262,000,000 jury verdict won against Prudential Securities
- $650,000 recovered for retired couple
- $3,000,000 for 20 retirees who suffered investment fraud losses
- $30,000,000 recovered for 100-year-old widow
We Have Recovered Over
$350 Million for Our Clients Nationwide.
Understanding Investment Fraud
Investment fraud can be a form of white-collar crime encompassing a range of deceptive practices in the financial industry aimed at misleading investors and unlawfully taking their money. Many investors have limited experience with securities and have trusted a financial advisor to guide them in making prudent financial decisions.
Perpetrators of investment fraud may include financial advisors, brokers, or fraudulent investment companies. They often exploit the trust and inexperience of investors by presenting opportunities that seem too good to be true.Â
If you’ve suffered losses due to investment fraud, our investment fraud attorneys serving Tampa can review your situation and advise you on your legal options.
How to Recognize the Signs of Investment Misconduct
Deceptive practices employed by financial advisors can be remarkably sophisticated and designed to appear legitimate at first glance. However, by staying diligent and informed about your investment portfolio, you may notice discrepancies over time.
While investment fraud can take various forms, there are common red flags to be aware of, including:
- Unusually high or guaranteed returns on investments
- Pressure to make quick investment decisions
- Frequent changes in investment advisors or brokers
- Difficulty in accessing or withdrawing funds
- Unregistered or unlicensed investment professionals
If you encounter any of these indicators or have doubts about your investments, seek advice from our trusted investment fraud lawyers serving Tampa. Recognizing these signs can help you avoid financial pitfalls and secure your future.
Our lawyers are nationwide leaders in investment fraud cases.
Common Types of Investment Fraud Cases We Represent
Our investment fraud attorneys serving Tampa have a track record of handling a wide range of cases. Our experienced legal team has successfully represented clients across various investment misconduct scenarios. This allows us to form a dynamic legal approach for any type of case.Â
We understand that each case is unique, and we easily adapt our strategies to your specific circumstances. You can count on us to handle any of the following types of investment fraud cases:
Unsuitable or Risky Investments
Investment professionals have a fiduciary duty to provide suitable investment recommendations tailored to the individual circumstances of their clients.
When they breach this duty and advise clients to invest in products that are too risky or unsuitable for their financial situation, it can result in substantial financial harm.
Excessive Use of Margin
Margin trading allows investors to borrow money to buy securities, effectively leveraging their investments. While margin can be a legitimate and useful tool when used appropriately, it becomes problematic when used excessively and irresponsibly.
In investment fraud cases, brokers may encourage clients to use margin excessively, often without fully disclosing the associated risks. Reach out to our investment fraud lawyers serving Tampa for more information on these types of cases.
Risky Private Placements
Private placements involve investing in privately held companies not publicly traded on stock exchanges. While these investments can offer opportunities for high returns, they also come with significant risks.
In some cases, brokers may misrepresent the potential returns, downplay the risks, or fail to provide essential information about the investment. This lack of transparency and the allure of high profits can lead investors to make ill-informed decisions.
Churning
This fraudulent strategy involves frequent and unnecessary buying and selling of investments within a client’s account. The primary objective is not to maximize the client’s returns but to generate commissions for the advisor. Churning often results in substantial trading costs and tax implications, ultimately eroding the investor’s capital.
Recognizing churning can be challenging, as it may appear as though the broker is actively managing the portfolio. However, if you notice a pattern of frequent changes in your investments, seek advice from an investment fraud lawyer serving Tampa.
Unauthorized Trading
When a financial advisor makes transactions in your investment account without your approval or consent, this qualifies as unauthorized trading. This unethical practice disregards your investment objectives, often driven by the broker’s desire to generate commissions.
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As a Victim of Investment Fraud, You Can Pursue Financial Recovery
Investment fraud can have a profound impact on your financial well-being, but you don’t have to face these challenges alone. By taking proactive steps and seeking legal assistance from a Tampa investment fraud attorney, you can work towards recovering the losses you’ve incurred due to fraudulent or deceptive practices.
The majority of investment fraud cases are resolved through arbitration and mediation facilitated by the Financial Industry Regulatory Authority (FINRA).
During the process, both parties involved can present their version of events before a panel of impartial arbitrators. These professionals will review all the evidence presented and make a binding decision.
An investment fraud attorney serving Tampa will help you navigate the arbitration process and present a compelling case. They will help gather all relevant documents and proof to show the extent of your losses.
Meet With an Investment Fraud Lawyer Serving Tampa
At Meyer Wilson, we provide personalized, results-driven representation. Our legal team understands the unique challenges that investors face when dealing with fraudulent practices, and we tailor our legal strategies to each client’s specific circumstances.
If you suspect investment misconduct in your portfolio, seek immediate legal representation. An investment fraud lawyer serving Tampa will help you hold the at-fault party accountable. Contact us to schedule a free consultation and learn more about your legal options.
Recovering Losses Caused by Investment Misconduct.