Investment fraud is a prevalent type of scam that typically involves financial advisors or stockbrokers taking advantage of clients by deceiving them for profits. If you fall victim to investment fraud, you could suffer life-changing economic losses. After suffering financial losses, an Ohio investment loss recovery attorney can help you pursue compensation.
If you recently lost money due to investment fraud, the team at Meyer Wilson is ready to help you recover the compensation you need and deserve. Our experienced Ohio investment fraud lawyers will use every resource at our disposal to recover the money you lost. Reach out to us today to set up a free consultation with a member of our legal staff.
What an Experienced Ohio Investment Loss Recovery Lawyer Can Do for You
If investment fraud disrupted your life and adversely affected your future, an experienced lawyer can help you put the pieces back together. They can provide you with an overview of your rights as a fraud victim according to state and federal policies.
When you hire an attorney, they will investigate every aspect of your case and collect evidence that supports your claim and proves the fault of the liable party. They will then build a strong case on your behalf to give you the best possible chance of recovering the money you need.
An experienced lawyer will understand the most common ways to recover losses, including through Financial Industry Regulatory Authority (FINRA) arbitration and securities litigation class actions. They can help you with every step of your unique case in the fight for justice and compensation from the person responsible for committing fraud.
Types of Investment Fraud Cases We Accept
At our firm, we do investment fraud all day, every day. We focus exclusively on this practice area to give our clients the most in-depth information possible. Our attorneys have experience in all types of investment fraud claims and stay up to date on the latest laws and legislation.
We work tirelessly to recover the most money possible for clients with losses from investment fraud, regardless of the specific type of fraud. Some of the cases we most commonly handle include:
- High-yield investment scams
- Ponzi schemes
- Broker embezzlement
- Excessive trading
- Misrepresentation of facts
- stockbroker or financial advisor misconduct
- Unsuitable investment recommendations
- Account churning
- Failure to diversify
- Forged account statements or financial documents
- Front running
- Insider trading
- Margin abuse
- Theft of funds
Any type of investment fraud could open the door to a civil claim if the investor loses money. The elements needed before you can file a suit in Ohio for financial fraud are duty of care, breach of duty (negligent or intentional), causation for your damages, and compensable losses.
An attorney from our law firm may be able to help you bring and prove an investment fraud case in Ohio to recover losses on your behalf.
Reasons to Choose Us Over Our Competitors
At Meyer Wilson, we have an award-winning team with over 75 years of combined experience handling investment fraud cases. We use the knowledge we have accumulated over the years to put our clients in the best position possible to recover the money they need and deserve. Some of the things that set us apart from our competitors include that:
- We keep the size of our caseload manageable to ensure that we can provide all our clients and cases with the attention they need.
- We have secured over $350 million for our clients.
- Our firm has been helping victims of investment loss recovery for more than 20 years.
- From the day we take a case, we treat it as though it is going to trial, which ensures that we are prepared if a trial proves necessary and gives us leverage during settlement negotiations.
- Our lawyers are dedicated to being responsive and transparent with all our clients.
- Our firm charges clients on a contingency fee basis, meaning you won’t have to pay for our services unless we recover damages on your behalf.
- We use state-of-the-art technology in every aspect of what we do.
Investment Loss Recovery Cases Are Usually Resolved Through FINRA Arbitration
When attempting to recover compensation in an investment loss recovery case, it’s important to understand that these cases rarely go to court. Instead, the majority of these cases are resolved through FINRA arbitration. When you sign a contract with a financial advisor or brokerage firm, there will likely be a clause stipulating that all disputes will be resolved through arbitration.
The Financial Industry Regulatory Authority (FINRA) is a government-authorized, not-for-profit organization that works to hold brokers and brokerage firms accountable for unethical and illegal behavior. Investment firms owe their clients a fiduciary duty. FINRA works to ensure they uphold this duty and maintain a fair marketplace for investors.
By using FINRA arbitration to resolve your dispute, you will be able to get the money you need far more quickly than you would through a courtroom trial. The main appeal of this type of alternative dispute resolution for brokerage firms is that arbitration proceedings are private. FINRA arbitration rulings are legally binding and can only be appealed in rare cases.
Damages Available in an Investment Loss Recovery Case
When pursuing compensation after losing money due to investment fraud, there are a variety of damages you may be able to recover. Some of the damages most commonly recovered in these cases include:
- Lost investment funds
- Lost past and future earnings
- Legal fees
- Interest and penalty payments
- Mental anguish or trauma
- Emotional pain and suffering
- Punitive damages
The amount of money available in a civil investment fraud lawsuit will depend on the amount of money you lost, as well as a variety of other factors specific to your case.
If your lawyer proves that your financial advisor or brokerage firm deliberately defrauded you or was criminally negligent in handling your money, you may be able to recover punitive damages.
Statute of Limitations on Investment Loss Recovery Case in Ohio
A statute of limitations is a law restricting how long a plaintiff has to bring a civil claim. Every state has different statutes of limitations for investment fraud claims. Knowing your deadline is imperative if you wish to sue your financial advisor or brokerage firm to recover losses.
If you miss your deadline, you will more than likely lose the right to demand compensation. This time limit can vary based on the circumstances in a case. Speak to an experienced investment loss recovery attorney in Ohio to double-check your time limit before it is too late.
Contact Us to Recover Compensation With Help from an Experienced Ohio Investment Loss Recovery Attorney
The best way to improve your odds of recovering the money you need after suffering losses to your investment is by securing the services of an experienced attorney. The lawyers at Meyer Wilson understand investment fraud laws. We have dedicated our lives to helping clients recover losses for investment fraud around the country, from real estate scams to broker misconduct.
No matter what type of scam costs you or your family member economic harm, please contact us to pursue damages. You can reach us by phone or through our website to set up a free case review with an experienced lawyer from our firm today.
