Have you suffered dramatic investment losses due to the actions of your financial advisor?
If so, contact an experienced investment loss lawyer in Boca Raton for help bringing them to justice.
Most investors will expect to endure some kind of loss in their career of investing. However, stock and investment losses should never occur due to the negligence or misconduct of your financial advisor, stockbroker, or brokerage firm. When they do, the Financial Industry Regulatory Authority (FINRA) allows wronged investors to seek full restitution for their losses through arbitration proceedings.
Building your case against the liable party can be more of a challenge than you might be prepared to handle on your own. Fortunately, a respected Boca Raton investment loss lawyer at Wolper Law Firm may be able to help you recoup your losses.
When to Call an Investment Loss Lawyer in Boca Raton
Investment and stock losses are not uncommon. Markets fluctuate and losses occur every day. But if your stock losses did not happen naturally and were caused by misconduct, fraud, or negligence, you may be able to recover these losses in FINRA arbitration.
There are many different ways that stockbrokers, financial advisors, and brokerage firms can commit fraud. Some of the more common types of cases seen in FINRA arbitration include:
- Selling away
- Unauthorized trading
- Unsuitable recommendations
- Excessive trading
- Ponzi schemes
- Failure to supervise
- Lack of diversification
These are just a few of the most frequently seen kinds of stockbroker misconduct and fraud. If you have suffered significant investment losses due to these or another type of misconduct, reach out to your investment loss lawyer in Boca Raton to discuss your legal options.
Things to Know About Boca Raton FINRA Arbitration Proceedings for Losses
FINRA arbitration is quite different from going to court. Although there are some similarities, there also stark differences.
It is important to note that FINRA arbitration decisions cannot be appealed. If you are unhappy with the decision of your arbitrators in Boca Raton, unfortunately, there is nothing you can do once a decision has been made.
However, if you were to go to court with your claim, it could take years, if not longer, to obtain a decision, whereas FINRA arbitration proceedings can often be resolved in as few as eighteen months.
FINRA arbitration is similar to court in that both parties will have the opportunity to present evidence to support their case. Once the arbitrators have heard both sides, they will retire to review the evidence independently.
If the decision comes down in your favor, the arbitrators will order your financial advisor or other liable party to compensate you within thirty days of the decision being made. If you had gone to court, it could be many years, if ever, before you would see any money from a verdict.
Reach Out to a Qualified Investment Loss Lawyer in Boca Raton, Florida
If you are interested in learning more about how a season to Boca Raton investment loss lawyer at Wolper Law Firm could help you initiate a FINRA arbitration complaint, schedule a free, no-obligation consultation by giving our office a call at 800.931.8452 for completing the convenient contact form provided below.