Suffering financial losses due to investment misconduct can be devastating. If you’ve lost an investment because of an advisor’s illegal actions or other misconduct, you may feel unsure about how to seek justice. The good news is, you don’t have to fight this battle alone. If you’ve lost money due to the unethical practices of a stockbroker or a financial advisor, a Florida securities lawyer can help you recover your losses.
The legal team at Meyer Wilson Werning has over 75 years of combined experience. If you’ve been the victim of financial misconduct, a securities lawyer serving Tampa can help you reclaim your losses.
How Can a Tampa Securities Lawyer Help Me?
If you’ve suffered financial losses due to an advisor’s unethical investment practices, a Tampa securities lawyer can:
- Evaluate your case: A lawyer can assess your situation to determine if your losses resulted from misconduct.
- Investigate: An attorney can gather evidence of unethical or illegal behavior by your advisor.
- Represent you in arbitration: A lawyer can serve as your representative and legal advocate in FINRA arbitration.
- Negotiate a settlement: A lawyer can negotiate with the opposing party to secure fair compensation for your losses.
A nationwide securities lawyer gives you the best chance of recovering your losses.
We Have Recovered Over
$350 Million for Our Clients Nationwide.
How Much Does a Securities Lawyer Cost?
The securities lawyers at Meyer Wilson Werning work on a contingency fee basis, which means you only pay if you win your case. Your attorney’s fee will be an agreed-upon percentage of the amount you recover, which you can discuss at your consultation.
Will I Get My Money Back?
Whether or not you’ll be able to recover money that’s been lost due to financial misconduct will depend on several factors, including the strength of your case, the strength of your evidence, and the solvency of the party responsible for your losses. While a favorable arbitration award can help you recover some or all of your losses, there is no guarantee of full restitution.Â
That said, a Tampa securities lawyer can significantly improve your odds of getting your money back.
Our lawyers are nationwide leaders in investment fraud cases.
What Is Securities Arbitration?
Securities arbitration is a dispute resolution process that takes place outside of court. In securities arbitration, a neutral arbitrator or panel hears evidence from both parties and then makes a binding decision. Arbitration is often faster and less expensive than going to court.
While the arbitration process is less formal than a trial, it still requires thorough preparation and a strong legal strategy, which is why it’s important to work with a Tampa securities attorney.
We Are The firm other lawyers
call for support.
How Does FINRA Arbitration Work?
FINRA arbitration typically involves the following steps:
- Filing a claim: The claimant submits a statement of claim outlining the dispute and the relief sought.
- Response: The opposing party files an answer responding to the allegations.
- Arbitrator selection: Both parties select arbitrators from a list provided by FINRA.
- Discovery: Each side exchanges relevant documents and information.
- Hearing: The arbitrators hear testimony, review evidence, and consider arguments from both sides.
- Decision: The arbitrators issue a binding decision, which may include monetary compensation or other remedies.
Common Types of Securities Fraud
Securities fraud encompasses a range of illegal practices that deceive investors. Common examples include:
- Ponzi schemes, or fraudulent investment operations that pay returns to earlier investors using funds from newer investors
- Insider trading, or buying or selling securities based on non-public information
- Misrepresentation, or providing false or misleading information about an investment’s risks or performance
- Unauthorized trading, or conducting transactions without the investor’s consent
What Are the Consequences of Securities Fraud?
Securities fraud carries severe repercussions. Individuals or firms found guilty of securities fraud may face civil penalties, such as fines and restitution orders, and criminal charges that could result in imprisonment. Regulatory agencies like the SEC and FINRA may also revoke licenses and bar the responsible individuals from working in the financial industry.
What Are the Four Types of Securities?
The four main types of securities are:
- Equity securities, which represent ownership in a company (such as stocks)
- Debt securities, which represent borrowed money that must be repaid (such as bonds)
- Derivative securities, which derive their value from an underlying asset (such as options or futures)
- Hybrid securities, which combine characteristics of debt and equity (such as convertible bonds)
Steps to Take After Securities Fraud
If you suspect you’ve been the victim of financial misconduct, take these steps to protect your rights:
- Consult a lawyer: Call a securities attorney to learn about your options and begin the process of recovering your losses.
- Gather documentation: Collect account statements, trade confirmations, and communications with your advisor.
- Report the misconduct: Per your lawyer’s instructions, file a complaint with the appropriate regulatory agency.
Speak with a Tampa Securities Attorney
The prospect of securities arbitration can be daunting, but you don’t have to go through the process alone. A Tampa securities attorney from Meyer Wilson Werning can provide the guidance and support you need to hold your advisor accountable and recover your losses.Â
Schedule a free consultation to discuss your case and take the first step toward financial recovery.
Recovering Losses Caused by Investment Misconduct.