Dealing with stockbroker fraud or misconduct can be an incredibly stressful and confusing experience. If you suspect your investment losses were caused by unethical or illegal practices, you don’t have to face this situation alone.
Our experienced securities fraud lawyers serving Oklahoma City can help. We understand the financial devastation and emotional turmoil these cases can bring. Our Oklahoma investment fraud lawyers have helped others recover over $350 million in our 25+ years of service.
The team at Meyer Wilson understands the stakes and the pressure you are under. Reach out to us to find out how we can help you today.
Warning Signs of Broker Fraud or Misconduct
While investment losses alone do not necessarily indicate fraudulent behavior, there are certain major red flags that should prompt further investigation.
If you notice any of the following situations, it could signify stockbroker fraud, violations of securities regulations, or other misconduct. If you are experiencing any of the following, reach out to our investment fraud lawyers.
Promises of Unusually High or Guaranteed Returns
Be wary of any investment marketed as having low risk but capable of generating extremely consistent or outsized profits. Most legitimate investments involve the potential for losses as well as gains. Promises of guaranteed returns are a classic element of fraudulent schemes.
High-Pressure or Aggressive Sales Tactics
If your broker is pressuring you with pushy, aggressive sales tactics and urging you to invest immediately before an artificial deadline, this could indicate unsavory motives like just trying to earn a commission through churning.
Unregistered or Unlicensed Investment Products
All investment products should be properly registered, and the sellers should be licensed and accredited. If your broker recommends investing in something that appears unlicensed, unregistered, or outright dubious, this is a huge red flag requiring scrutiny.
Lack of Clear, Detailed Information
Legitimate investments will have clear, detailed offering documents that explain thoroughly how the product works and what the associated risks are. If information is overly complex, contradictory or lacking key transparency, it warrants concerns.
Claims That Seem Too Good to Be True
Use common sense – if an investment seems like a get-rich-quick scheme and the promised profits appear unrealistically high compared to normal markets, it likely is. Con artists often lure investors through exaggerated, mouth-watering claims.
Irregularities With Access to Funds
Not receiving expected payments, having unusual delays accessing your funds, or noticing potentially unauthorized money movements in your accounts could indicate fraud or misappropriation of assets.
At the first sign of any of these potential red flags, it is critical to consult a qualified, experienced securities fraud attorney serving Oklahoma City, OK right away.
We can promptly investigate the situation, secure documentation, and determine if laws or industry rules have indeed been violated, positioning you to take legal action if needed.
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$350 Million for Our Clients Nationwide.
What Are the Steps to Take if I Suspect Investment Fraud?
If you suspect your stockbroker or financial advisor has engaged in fraudulent practices resulting in investment losses, it’s crucial to act quickly and follow the proper steps. Taking swift action can prevent further losses and strengthen any potential legal claims.
Follow these recommended steps from an experienced securities fraud lawyer serving Oklahoma City, OK:
Document Everything
Gather and make copies of all documentation related to your investments – account statements, trade confirmations, correspondence, notes from meetings/calls with your broker, etc. This paper trail will be crucial evidence.
Stop Further Investments
Do not make any more investments or financial transactions through the broker or firm you suspect of misconduct. This prevents potential further losses.
Check Registration/Licensing
Verify that your broker and the investment products were properly registered and licensed by checking resources like BrokerCheck by FINRA and the SEC’s IARD database.
Consult a Securities Lawyer
Speaking with an experienced investment fraud attorney serving Oklahoma City is crucial. They can review your situation, explain your legal rights and options, spot red flags of fraud, and take proper action if needed.
Avoid Destroying Evidence
Do not destroy, alter, or discard any potential evidence, such as emails, texts, or notes related to the suspected misconduct, even inadvertently.
Follow Proper Process
If your investment fraud lawyer determines you have a viable claim, they will guide you through the regulated processes like FINRA arbitration or potential litigation properly and strategically to maximize recovery.
Why Do I Need an Oklahoma City Securities Fraud Attorney?
Investment fraud cases hinge on details, documentation, and demonstrating clear violations of securities laws and industry rules. Our attorneys know exactly what evidence to look for, what legal theories to pursue, and how to build an air-tight claim.
Attempting to navigate this intricate landscape without a dedicated securities lawyer is extremely risky because most financial fraud cases are dealt with in FINRA arbitration. When the decision is made, it is final, and you will have no further legal recourse.
Ultimately, your entire financial future could be on the line. Having a passionate, uncompromising legal team doing battle on your behalf gives you the best possible odds of being made whole again after suffering investment losses. The sooner you involve a reputable securities fraud law firm, the better.
Our lawyers are nationwide leaders in investment fraud cases.
Contact a Securities Fraud Lawyer Serving Oklahoma City for a Free Consultation
Don’t let stockbroker fraud or abuse of your trust go unanswered. Our securities fraud attorneys serving Oklahoma City have the skills, tenacity, and fortitude to take on even the largest, most intimidating financial institutions.
We refuse to back down until justice and maximum compensation are achieved for our clients. You’ve worked too hard for your investment portfolio to see it depleted by broker wrongdoing.
Contact us today for a free, confidential consultation, and let our team of passionate advocates outline the strongest path forward for your case. Together, we can set things right and secure your financial future.
Recovering Losses Caused by Investment Misconduct.