When you hire a financial broker to help invest your money, they have an obligation to ensure your money is invested in a manner that meets your wants and needs. If you suffered significant financial losses because of unsuitable investments made by your broker, an experienced unsuitability claims attorney can help you recover compensation.
At Meyer Wilson, we have been helping people recover money lost because of unsuitable investments made by their financial brokers for many years. Our award-winning team of investment fraud lawyers will work tirelessly to ensure you recover the money you need and deserve. Reach out to us today to schedule your free initial consultation with a member of our team.
Working With an Unsuitability Claims Attorney
If your investment broker mishandled your money and you suffered significant losses, you may be entitled to compensation. In the United States, the Financial Industry Regulatory Authority (FINRA) enforces regulations upon brokers, including the responsibility to ensure that all investments made on behalf of a client are made with the client’s best interests in mind.
If a broker makes investment decisions with a client’s money that are too aggressive or too low-risk, depending on the client’s situation and desires, they could be liable for financial losses. If you believe your broker has made unsuitable investments with your money, get in touch with an unsuitable investment attorney to learn more about your options.
Before you hire a broker, there are warning signs to look out for to help you potentially avoid working with a broker who will mismanage your money. While it is not always possible to spot untrustworthy brokers, the U.S. Securities and Exchange Commission provides a list of red flags that should make you think twice about signing on with a broker. This list includes:
- Low-quality websites
- Errors on your investment statements
- Brokers pressuring you to invest immediately
- Brokers offering “risk-free” investments
- Unsolicited investment offers, especially through email or phone calls
- Brokers who operate in foreign countries
- Financial brokers asking for payment for investments with a credit card or by wiring money to a bank
If you suffered significant losses after a broker made unsuitable investments with your money, securing the services of an experienced unsuitability claims lawyer can be critical for recovering the money you need and deserve.
Our Unsuitability Claims Attorneys Work on a Contingency Fee Basis
After losing money because your broker made unsuitable investments on your behalf, the last thing you need to worry about is lawyer fees you can’t afford. That’s the reason that our firm operates on a contingency fee basis. What this means is that your lawyer will not collect payment for their services unless they successfully recover compensation on your behalf.
If your unsuitability claims attorney is able to get you the money you need, they will collect a fee at the conclusion of your case. This fee will be paid directly from the financial award you recover as a fixed percentage of the money you receive. You will never pay a penny out of your own pocket.
If our legal team is unable to get you money for your claim, you won’t owe us anything for our services.
What Sets Us Apart from Other Investment Fraud Firms
Meyer Wilson is one of the top securities fraud law firms in the nation. Our large team of attorneys has extensive knowledge of how these types of cases are handled, with over 75 years of combined experience. Despite the large size of our firm, we remain dedicated to ensuring that every case gets the specialized attention it deserves.
We don’t Stretch Ourselves Too Thin
We take a different approach from many firms when it comes to caseload. Other investment fraud firms often take on as many cases as they possibly can to maximize the amount of money they collect. After all, more clients means more commissions.
Despite the large size of our firm, we are careful not to take on too many cases. By keeping our caseload low, we can give extra attention to our clients, which typically translates to bigger wins for those we represent.
We Help Our Clients Overcome Financial Obstacles
In addition to working on a contingency fee basis, we also advance all expenses in your case. Doing this protects our clients from worrying about payments until their cases have concluded.
Arbitration Is the Only Option for Resolving an Unsuitability Claim in Most Cases
When looking to recover compensation after a broker made an unsuitable investment with your money, you need to understand that arbitration is likely going to be your only option for recovering damages. In most cases, when you sign a contract with a broker, there is a clause stating that all disputes will be settled through arbitration.
Our team of unsuitability claims lawyers have extensive experience with the arbitration process. We have secured favorable results for thousands of clients through arbitration.
When dealing with a dispute with your broker, arbitration proceedings are regulated by FINRA. Arbitration aims to offer a fast and fair resolution to your dispute. Arbitration can be completed in a fraction of the time it would take to go through the court system, making it possible to recover compensation quickly so that you can move forward with your life.
Get Started Pursuing Compensation With an Unsuitable Investment Claims Lawyer Today
If unsuitable investments made by your broker cost you a significant amount of money, the investment loss recovery attorneys at Meyer Wilson can help. We have represented thousands of clients and recovered more than $350 million from those responsible for their losses.
Our firm has the resources and experience needed to give you the best possible chance of recovering the compensation you deserve. Contact us today by using our chat tool, giving us a call, or completing our online contact form and schedule a free case review with a member of our team.