If you are a victim of investment fraud, you may be entitled to financial restitution. Contact a respected investment fraud lawyer in Miami for help with your complaint.
No one expects their financial advisor or stockbroker to take advantage of them, but it happens far more frequently than you might think. Fortunately, the Financial Industry Regulatory Authority (FINRA) provides opportunities for investors who have been defrauded to hold their brokers and financial planning institutions accountable and recover the losses they endured if fraud can be proven.
However, proving that you are a victim of broker misconduct can be difficult if you don’t know what to look for. If you have an experienced Miami investment fraud lawyer at Wolper Law Firm working on your case, we’ll gather the evidence needed to prove in FiNRA arbitration that your financial advisor should be compelled to compensate you for your significant stock losses.
Most Common Types of Investment Fraud in Miami
Unfortunately, investment fraud can take many different forms. But, in all cases, the stockbroker or financial advisor has induced the investor into agreeing to the investment under false or misleading pretenses.
Maybe the risks are much higher than you were prepared to invest in, or perhaps the investment seems healthier due to inflated financial documents. Some of the most frequently seen types of investment fraud in Miami include:
- Ponzi schemes
- Pump-and-dump schemes
- Advance fee fraud
- Unsuitable investments
- Accounting fraud
- Excessive trading
- Pyramid schemes
- Manipulating stock prices
Often, stockbrokers are able to get away with these schemes until investors are plagued with significant stock losses. If you have reason to believe that you are a victim of investment fraud in Miami through one of the previously mentioned schemes or another type of fraud, a qualified attorney may be able to help you recover your investment losses.
How to Tell If You’re Being Defrauded
Keeping a close eye on your Miami investment portfolio and transactions is the best way to protect yourself from defraudment. Investment fraud almost always leaves a paper trail of financial evidence, and if you notice any of the following signs of investment fraud, it may be in your best interests to contact an investment loss lawyer in Miami:
- Unauthorized transactions
- Excessive trades in your accounts
- High losses or gains in an account you wanted to remain low-risk
- Substantial losses when similar investments have seen gains
- Being promised high returns
- Pressure to invest in a complicated trade
- If the security is unregistered
Reach Out to an Investment Fraud Lawyer in Miami
To learn more about initiating a FINRA arbitration complaint against the broker who took advantage of you for their own financial gain, schedule a free, no-obligation consultation with a qualified Miami investment fraud lawyer at Wolper Law Firm. When you are ready to seek maximum recovery of your stock losses, submit the quick contact form provided below or call our office at 800.931.8452.