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Protecting Investors from Fraud & Financial Services Industry Misconduct

Serving Clients Nationwide & Internationally

Millions Recovered

our business is to recover your investment losses

Recover Your Investment Loss. Talk to a stockbroker fraud lawyer today.

Unfortunately, fraud and negligence in the financial industry are far too common. Their combined effects result in billions of dollars of investor losses every year. But investors who lose money to unscrupulous firms and financial professionals have options for getting their money back. If you’ve suffered significant investment losses due to misconduct, you may be able to recover your money with the help of a legal firm that focuses in the financial industry and has a 99% recovery rate for wronged investors.

We stand up for the rights of investors by holding investment firms and banks accountable for their clients’ investment losses. Millions Recovered On Behalf Of Aggrieved Investors

We understand what you are going through when you have placed your trust in your broker or financial firm and it has been abused. Not only are you out a lot of money, but you probably feel angry and confused—and unsure what your rights are and how to even go about taking on a bank or broker in this highly complex industry. Our attorneys know how the industry operates and can guide you through every step in the recovery process.

The Wolper Law Firm puts those on Main Street and those on Wall Street on even ground. We bring a focused and trial-tested approach to each stockbroker fraud, investment loss, elder financial abuse, and negligence case designed to identify and expose misconduct and hold brokerage firms and financial advisors accountable for clients’ investment losses start your consultation now

Did My Financial Advisor Violate The Law?

Have I Been A Victim Of Investment Fraud?

Your brokerage firm or financial advisor is supposed to place your interests first. Unfortunately, as countless investors can attest to, many brokers do not uphold that responsibility. Instead, they often fail to disclose material risks to investors, suggest inappropriate investments, or otherwise make moves that will financially benefit themselves before their clients. Negligence and stockbroker fraud puts your financial security at risk.

It can be difficult to determine whether you’re a victim of investment or securities fraud until you speak with an attorney at our investment recovery law firm, but there are some telltale signs of investment fraud:

  • An excessive number of stock trades: Churning
  • Sudden and unexplained losses: Investment Loss
  • Withdrawals from your accounts without explanation: Misconduct
  • Trades that you didn’t authorize: Unauthorized Trading
  • Broker or brokerage firm no longer responding to calls or emails
  • Recommendation of investments that are too aggressive for my investment objectives and risk tolerance: Unsuitability
  • Recommendation of private investments not offered through the brokerage firm: Selling Away
  • Misrepresentation of the characteristics and risks of investments: Securities Fraud
  • Taking advantage of an elderly client: Elder Financial Abuse

If you’ve seen any of the above signs or otherwise suspect that you’re a victim of broker negligence or misrepresentation, call our law firm as soon as possible.

$10 million

Settlement Against National Brokerage Firm in Securities Fraud Dispute

$1 million

Recovery Against Brokerage Firm For Unauthorized Trading And Unsuitable Investments

$1 million

Recovery Against Registered Investment Advisor in Securities Fraud Dispute

$658 thousand

Settlement With An Insurance Carrier Of A Brokerage Involved In Selling A Ponzi Scheme Investment

$1.25 million

Recovery Against National Brokerage Firm In Dispute Involving Theft And Failure To Supervise

FRAUD RequireS A STRATEGIC, Sophisticated PLAN FOR FINANCIAL RECOVERY

Why Choose Wolper Law Firm for Your Investment Loss Case?

We are experienced trial attorneys who hold brokerage firms, banks, and financial advisors responsible for negligent or fraudulent investment advice. We fight hard to recover clients’ investment and stock losses in all forums, including state and federal courts and arbitration proceedings before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (AAA), National Futures Association (NFA), and JAMS. Whether you suffered stock losses, caught your broker making unauthorized trades, were sold an inappropriate investment, or suffered from broker fraud in any way, our firm can help you right the wrong you’ve experienced. [ + more ]

Our stockbroker fraud attorneys are strategic in how we approach investment loss cases. We recognize that each and every case we take on is unique, with its own facts and intricacies, and we build strong claims for wronged investors after carefully examining all the relevant evidence and factors involved. We will carefully explain your options for getting your money back, whether that is through arbitration or a court of law, and then we will advocate for your rights and interests. Our diligent investment fraud lawyers, who have experience both fighting for investors and defending brokerage houses, are not afraid to take on investment professionals or their firms. We will work to:

  • Establish the evidence for your claim
  • Put the other side on notice that they will be held accountable
  • Stand up for you in legal proceedings
  • Right the wrong you’ve experienced by recovering your investment.

experienced

Matt Wolper spent fourteen years as a partner with a national law firm representing some of the largest banks, brokerage firms, and investment companies. He knows how the other side thinks and can anticipate their legal defenses and strategies. Put this experience and perspective on your side in your investment loss recovery or stockbroker fraud case.

trial ready

While many cases are resolved through confidential settlements or mediation, we prepare for trial in every case—beginning on day one. If a satisfactory settlement cannot be reached, we have the experience and resources necessary to carry your case through the trial phase.

preparation

Preparation and attention to detail are the foundation of a successful legal defense. We pride ourselves on reviewing and understanding every aspect of your case, and we leave no stone unturned.

client first

We always put the client first. We are driven to obtain the best possible results for our clients while still delivering a personalized and comforting experience.

no fees

No fees unless you win. We are partners in your success. If there is no recovery in your case, we don’t earn a fee.

The Laws that Protect Investors

An Aggressive Securities Litigation Firm Standing Up for the Rights of Investors

As an investor in the United States, you’re protected by a number of laws. Unfortunately, negligent or greedy stockbrokers and brokerage firms often break these laws. That results in serious losses for investors like you. The acts and laws described below are pieces of landmark legislation comprising countless rules and regulations:

Sarbanes-Oxley Act – This act protects investors by increasing the accuracy of corporate disclosures.

Securities Act of 1933 – This was the first federal law to regulate the stock market and says that investors are entitled to the information they need to make informed investing decisions.

Securities Exchange Act of 1934 – This act created the U.S. Securities and Exchange Commission (SEC) that works to protect investors from fraud.

State “Blue Sky” statutes – All 50 states have laws designed to safeguard residents against unlawful sales practices in connection with the purchase and sales of securities.

A breach of any of these rules that results in financial harm to an investor may be grounds for legal action. With these countless laws and regulations that the financial industry is subject to, keeping up with all of these rules—and understanding when a stockbroker has violated them and caused financial harm—can be overwhelming for the average investor.

You may suspect that your brokerage firm or broker acted inappropriately or negligently, and that this behavior resulted in financial losses. But how do you prove it? Any complaint or lawsuit will put you up against teams of Wall Street lawyers whose sole purpose is to avoid liability for claims like yours.

Given the complexities of the securities industry, proving misconduct isn’t easy. Brokers and financial advisors who work in the industry every single day are intimately familiar with the investments market and know how to cover up and hide their dishonesty from innocent investors. Our stockbroker fraud lawyers are also deeply knowledgeable about how the markets and industry operate. We are able to investigate investor claims of fraud and identify the evidence needed to prove it.

OUR INVESTMENT LOSS LAWYER TAKES THE ACTION NEEDED TO RECOVER YOUR MONEY

Our Lawyers Hold Unscrupulous Brokers Accountable

An investment loss attorney at Wolper Law Firm is here to help you take the legal action necessary to recover your money.

Many investment loss cases are resolved through the Financial Industry Regulatory Authority (FINRA). FINRA is a regulatory body that oversees registered brokerage firms and financial advisors. FINRA has implemented myriad rules and regulations relating to sales practices and supervision. These conduct rules require, among other things, that brokerage firms and financial advisors recommend suitable and appropriate investments that are consistent with an investor’s needs, investment objectives and risk profile. When they fail to do that and investors lose significant money, these financial firms and their brokers and advisors can be held liable in FINRA arbitration.

Whether your case goes to FINRA arbitration or to trial, our stockbroker fraud attorney will advocate for your right to financial recovery.

However your case is best resolved, you can count on the stockbroker fraud lawyers at Wolper Law Firm to fight for you. We want to help you get your money back. Innocent investors should not be cheated by dishonest brokers. You can rely on us to work hard to hold the broker and/or firm that cheated you accountable.

INVESTMENT LOSS FAQS

When a broker or brokerage makes an investment that is not authorized by the investor, they can rescind the transaction. By rescinding the transaction, the customer is placed back in the same position they were in prior to the unauthorized trade.

A broker or brokerage that handles an investment account is bound by the contractual terms governing that account, federal and state securities laws, the rules promulgated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Often, if an investment sounds too good to be true, it is. Best practice is to speak with a qualified securities litigation attorney to review your portfolio and determine if their recommendations comply with applicable laws and regulations.

A broker or brokerage that handles an investment account is bound by the contractual terms governing that account, federal and state securities laws, the rules promulgated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Often, if an investment sounds too good to be true, it is. Best practice is to speak with a qualified securities litigation attorney to review your portfolio and determine if their recommendations comply with applicable laws and regulations.

Elder financial abuse, typically occurs in a senior investor’s circle of trust, takes advantage of the senior investor’s inability to manage their financial affairs. Diverting money from a senior investor’s bank or brokerage accounts for reasons that do not benefit the senior investor are the most common forms of elder financial abuse. In the context of a brokerage account, financial advisors may also excessively trade an account or purchase high commission investment products.

Investment related misconduct comes in many forms. It can be out in the open and flagrant but most often it is concealed and subtle. The hallmark signs of investment misconduct include:

  • Sudden, precipitous drops in the value of your portfolio, particularly when not in tandem with the overall financial markets
  • Your financial advisor is recommending that you pursue an investment strategy that carries a higher degree of risk with which you are comfortable
  • Portfolio concentration in a single security, sector of the market or asset class
  • Your financial advisor is evasive and non-responsive
  • Your financial advisor describes a trade or strategy as risk-free or guaranteed
  • Transactions are made without your authorization or with insufficient justification
  • A high number of transactions are recommended by a financial advisor

To minimize the likelihood that you will be a victim, there are several procedures that investors can and should implement.

( see all faqs )

What Our Clients Say

From the very beginning he was able to put me at easy, he understood my problem. After our initial conversation, he became my partner, in my problem. His constant contact approach was what I was looking for, I’ve called Matt “The Hardest working attorney out there”.

– Kyle P.

Hiring Mr. Wolper was the best decision we ever made! He is professional, responsive, and most importantly kind to his clients. He helped us get resolution

– Giovanna M.

I want to give a shout out to Wolper Law Firm. I was very fortunate to have him in my corner. He’s very trustworthy, understanding, professional, kind, has awesome communication, and he always responded immediately. I could not be more satisfied. He provides A+ quality service.

– Kim I.

Matt has been excellent to work with. He provided my husband & I with superb professional guidance & expertise throughout our legal process, eventually giving us an outcome that exceeded our expectations. We would highly recommend him.

– Beth M.

Matthew Wolper assisted me with a suit against a former investment company. The entire experience was great from the first call to the end, which was a complete success. Matt was attentive, helpful and responsive. I highly recommend him.

– Maria M.
Denise Sobczak (CRD#: 3078128) is a dually registered Broker and Investment Advisor at Kestra Investment Services, LLC in Fairfield, NJ. Broker’s Background She entered the securities industry in 1998 and previously worked for Raymond James Financial Services Advisors, Inc.; Raymond James Financial Services, Inc.; Citigroup Global Markets, Inc.; and Merrill Lynch, Pierce, Fenner & Smith, […]
Christopher B. Kennedy (CRD#: 4498061) was a dually registered Broker and Investment Advisor. Broker’s Background He entered the securities industry in 2002 and previously worked for Western International Securities, Inc.; Spartan Capital Securities, LLC; Financial West Group; Multi-Financial Securities Corporation; and RBC Dain Rauscher, Inc. Current And Past Allegations Of Conduct Leading To Investment Loss […]
Adam Maggio (CRD#: 4177365) is a registered Broker at VCS Venture Securities in Mineola, NY. Broker’s Background He entered the securities industry in 2002 and previously worked for First Midwest Securities, Inc.; J.P. Turner & Co., LLC; Brundyn Securities, Inc.; The Merchanthouse Securities, Inc.; North American Clearing, Inc.; and KSH Investment Group, Inc. Current And […]
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