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Miami Broker Negligence Lawyer

If your broker’s negligence resulted in significant stock losses for you, you may be entitled to compensation. Discuss your legal options for financial recovery with a respected broker negligence lawyer in Miami.

The entire purpose of working with a stockbroker is to find valuable investment opportunities that generate returns. But, when your broker is irresponsible or negligent with your investment, they can be held accountable and ordered to compensate you for your losses in FINRA arbitration. 

FINRA arbitration can be intimidating, but when you have an experienced Miami broker negligence lawyer at Wolper Law Firm advocating for you, the process can less stressful for  you. If we are able to take on your case, we’ll do everything possible to recover every cent of your losses and more so you aren’t hit with a loss that could significantly disrupt your life.

What Constitutes Broker Negligence?

There is a big difference between a broker committing fraud and one who was negligent with your investment portfolio. A stockbroker committing fraud would be doing so intentionally in order to generate commissions for themselves; a negligent stockbroker may have accidentally lost you money in a failure to do their job correctly. 

Some of the most common types of broker negligence include:

  • Making unsuitable recommendations
  • Failure to supervise
  • Lack of diversification 
  • Failure to do their due diligence
  • Excessive trading

Some of these types of broker negligence can also be considered misconduct, depending on the intentions of your broker. You must speak with your attorney to learn more about how this difference could have an impact on your FINRA arbitration claim. 

How to Recover Your Stock Losses in Miami

When a broker’s negligence costs you considerably, you may be able to recover these losses when you initiate a FINRA arbitration complaint against the broker and their broker firm. 

Once your complaint has been received, you may be granted a hearing before a panel of either one or three arbitrators, depending on the amount of your losses. Losses exceeding $100,000 are heard by a panel of three arbitrators. Arbitration is quite similar to a trial in that both parties have the opportunity to present evidence and plead their case.

However, arbitration is different from court in a couple ways. First, arbitration does not allow for an appeal if the decision does not come down in your favor. But, arbitration also takes considerably less time and, if you win, the negligent stockbroker will be ordered to compensate you within thirty days. In court, it could be years, if ever, before you are repaid.

Reach Out to a Broker Negligence Lawyer in Miami

If you are interested in learning more about how a Miami broker negligence lawyer at Wolper Law Firm could help you pick up the pieces of your life after a substantial stock loss, schedule a free consultation. Our office can be reached through the quick submission form below or by phone at 800-931-8452 when you are ready to get started on your case.

Now is the time to talk to an investment loss recovery lawyer. We can help recover your investment loss. Free consultations, always.

Main Office - Fort Lauderdale

1250 S. Pine Island Road
Suite 325
Plantation, FL 33324
Phone: (800) 931-8452
(954)-406-1231

We represent clients nationwide, including, but not limited to: Miami, Boca Raton, West Palm Beach, Sarasota, Tampa, Stuart, St. Petersburg, Vero Beach, Orlando, Jacksonville, Austin, Houston, Dallas, Washington DC, Charlotte, Boston, Baltimore, Phoenix, Scottsdale, Las Vegas, Los Angeles, San Diego, San Francisco, Chicago, Seattle, Portland, Denver, Salt Lake City, Fargo, Atlanta, Little Rock, Newark and St. Louis

Additional Office Locations (by appointment only)

Atlanta

3355 Lenox Road
Suite 7
Atlanta, GA 30326

Indianapolis

13295 N. Illinois St.
Suite 314
Indianapolis, IN 46032

New York City

275 Madison Avenue
Suite 705
New York, NY 10016

Dallas

3102 Maple Ave.
Suite 400
Dallas, TX 75201

Irvine

2600 Michelson Drive
Suite 1700
Irvine, CA 92612

Portland

5933 NE Win Sivers Drive
Suite 205
Portland, OR 97220

Denver

7900 E. Union Ave.
Suite 1100
Denver, CO 80237

Naperville

1700 Park Street
Suite 103
Naperville, IL 60563

Seattle

1001 Fourth Ave.
#3200
Seattle, WA 98154

We represent clients nationwide, including, but not limited to: Miami, Boca Raton, West Palm Beach, Sarasota, Tampa, Stuart, St. Petersburg, Vero Beach, Orlando, Jacksonville, Austin, Houston, Dallas, Washington DC, Charlotte, Boston, Baltimore, Phoenix, Scottsdale, Las Vegas, Los Angeles, San Diego, San Francisco, Chicago, Seattle, Portland, Denver, Salt Lake City, Fargo, Atlanta, Little Rock, Newark and St. Louis