If you put your trust in a financial advisor who engaged in unethical or illegal practices and lost more than $100,000, our Cleveland securities & investment fraud lawyers can help.
At Meyer Wilson, we have a long history of helping people recover money from financial investors who are negligent in handling their clients’ money or willfully defrauding their clients.
U.S. News has recognized our firm as a member of The Best Lawyers in America®. Our award-winning team of experienced Ohio investment fraud lawyers can help you recover compensation through litigation or FINRA arbitration for a wide range of investment misconduct claims, including:
- Breach of fiduciary duty
- Asset allocation
- Failure to supervise
- Investment negligence
- Unauthorized trading
Notable Case Results We’ve Achieved
Some of the successful case results we’ve achieved include the following:
- $30,000,000 recovered for a 100-year-old widow against multiple large financial institutions.
- $3,200,00 recovered for an elderly victim of a Ponzi scheme.
- $3,000,000 in losses recovered for 20 Midwest families who lost more than 90% of their investments
We Have Recovered Over
$350 Million for Our Clients Nationwide.
When to Hire an Investment Fraud Attorney in Cleveland
If you discover that you have lost a significant amount of money due to investment fraud, illegal activities, or the mismanagement of your portfolio by a financial advisor, you should consider securing the services of a securities & investment fraud lawyer in Cleveland, OH.
Your lawyer will take over every aspect of your case and give you the best chance of recovering the money you need and deserve. If you are unsure about whether or not you were the victim of investment fraud or negligence, you should check the U.S. Securities and Exchange Commission’s red flags of investment fraud checklist, which includes:
- Low-quality websites
- Offers of “risk-free” investments
- Advisors putting pressure on you to invest right away
- Unsolicited investment offers, especially via email
- Financial advisors from foreign countries
- Financial advisors asking you to pay for investments via credit card or wiring money to a bank
- Errors on your investment statements
If you lost significant money after entrusting your finances to a financial advisor who displayed any of these red flags, an experienced Cleveland security fraud lawyer may be able to help you recover damages.
Common Types of Securities Fraud Cases
You will likely be unclear about what happened after losing money because of investment fraud. Most people don’t understand the intricacies of how their money is handled and rely upon the experience of their financial advisors.
When you hire a Cleveland securities fraud attorney to help with your case, they can identify the exact form of fraud that occurred in your case.
Some of the most common types of securities fraud include:
- Unsuitable investment recommendations: When an investment advisor recommends investment options that are out of sync with your financial goals or risk tolerance.
- Financial advisor misconduct: When a financial advisor behaves in an illegal or unethical manner that goes against your financial interests.
- Churning: When an advisor buys or sells securities at an excessive rate to generate commissions.
- Advance fee fraud: When a fee is requested from the investor upfront, and the service is never provided.
- Market manipulation: When a group of investors manipulate the market to their advantage and your disadvantage.
- Offshore securities scams: When fraudulent investments are made by your advisor outside of your home country in order to evade regulatory oversight.
These represent just some of the investment fraud cases we handle. If you feel you have been the victim of any form of investment fraud, contact an experienced securities & investment fraud attorney in Cleveland, OH, to learn more about your options.
Our lawyers are nationwide leaders in investment fraud cases.
Recent News Stories on Securities & Investment Fraud
These cases are more common than you might think. Here are some recent stories we’ve seen of large cases:
- A man was convicted in April 2024 of 52 felony counts for the unlawful sale of securities in California, swindling 22 investors out of more than $1 million (Los Angeles County DA’s Office)
- A businessman was indicted for manipulating five publicly traded companies and defrauding investors of over $200 million. (Office of Public Affairs)
- The president of a Florida-based investment firm was sentenced for his role in an unregistered broker scheme. He aided and abetted the sale of over $1.9 million of worthless securities. (Office of Public Affairs)
We Are The firm other lawyers
call for support.
Our Cleveland Securities & Investment Fraud Lawyers Work on a Contingency Fee Basis
When considering hiring an investment fraud attorney to help you recover damages, you may be concerned about the cost. Fortunately, the investment fraud attorneys at our firm work on a contingency fee basis, which means that we don’t collect payment for our services unless we successfully recover compensation on your behalf.
No matter the outcome, you will not pay us anything until your case has concluded. If we succeed in recovering compensation on your behalf, we will collect our payment as a set percentage of the damages you recover, and the money will be paid directly out of your financial award. You won’t pay us a single cent for services rendered if we fail to get you money.
How Our Firm Differs from Other Securities Law Firms
We are one of the nation’s top securities fraud law firms for many reasons. Our experience and dedication have helped us to secure more than $350,000,000 for our clients.
Helping You Overcome Financial Obstacles
When facing financial trouble caused by investment fraud, the last thing you need is to worry about legal costs. In addition to not charging our clients unless we recover compensation on their behalf, we will also advance expenses so that you don’t have to worry about additional financial stresses.
Keeping Our Case Volume in Check
While we have a large team of investment fraud lawyers at our firm, we are still mindful of the number of cases we take on. We limit the number of securities fraud cases we handle so that we can give the cases we do accept the full attention they deserve.
We ensure that nothing slips through the gaps by not overexerting our team and focusing on quality over quantity.
Get in Touch With an Experienced Investment Fraud Attorney Today
If you were the victim of investment fraud, you must secure the services of an experienced attorney. At Meyer Wilson, we have a proven track record of securing favorable client outcomes.
The vast majority of investment fraud cases are resolved through arbitration. However, our Cleveland securities & investment fraud lawyers approach every case with the mindset of taking it to trial.
With over 75 years of combined experience, we have successfully recovered over $350,000,000 for our clients. Contact us today by phone or through our website to schedule a free consultation with a member of our legal team.
Recovering Losses Caused by Investment Misconduct.