Investment Loss Recovery Lawyer
If you’ve lost money on investments due to the misconduct of your financial advisor, reach out to an investment loss lawyer to learn more about how you could legally recover those losses.
Investment losses are a risk you take when you are an investor, but your losses should never come from misconduct, recklessness, or the inexperience of your financial advisor, stockbroker, or brokerage firm. Unfortunately, these types of losses are far more common than you might think.
The Financial Industry Regulatory Authority (FINRA) oversees these types of losses and allows investors like you to attempt to recover their financial losses by pursuing a FINRA arbitration complaint.
The thought of going before a panel of arbitrators after everything you have already been through may be a lot to take in. But with the assistance of a respected investment loss recovery lawyer at Wolper Law Firm, you can rest easier knowing that a team of highly qualified legal professionals is fighting to recover your investment losses.
When to Initiate a FINRA Arbitration Complaint for Investment Loss
Stock losses and investment losses themselves are not uncommon. Simply losing money on the stock market or on a poor investment is not grounds for an arbitration hearing. With that being said, there are some instances in which the FINRA is willing to grant an arbitration hearing.
In many cases, as long as you are able to show that there was a breach in fiduciary duty, you may be able to move forward with your arbitration complaint. Fiduciary duty refers to the obligation that registered financial advisors and stockbrokers have to their investors.
Essentially, these advisers are required to always act in the best interests of their clients. When they fail to do this, their fiduciary duty has been breached, and they can be held accountable for any losses that their investor may endure as a result.
If you have reason to believe that your stockbroker engaged in fraud or misconduct or was simply irresponsible or reckless with your accounts and is ultimately responsible for your losses, it may be worthwhile to discuss your case with a qualified investment loss lawyer.
What Are My Investment Loss Recovery Options?
There are a few different ways you can seek compensation for your investment losses. One of the most attractive options is typically arbitration with FINRA.
This is because arbitration complaints can often be resolved in under two years, and when decisions come down in an investor’s favor, they are often repaid within one month of the order. When you go to court, it could be years before your case is heard by a judge, and even longer before you receive any money.
Furthermore, court cases can be appealed, which can only extend the length of your case. Arbitration proceedings are not eligible for appeal, so the liable party will not have the opportunity to try to get out of repaying you for your investment losses.
Contact a Lawyer About Investment Loss Recovery
To learn more about how an experienced investment loss recovery lawyer at Wolper Law Firm could help you with your FINRA arbitration proceedings, schedule a free consultation by calling our office at 800.931.8452 or filling out the quick contact form that has been provided at the bottom of this page.