Have you endured significant losses on the stock market or through other investment opportunities? Do you suspect these losses occurred through broker misconduct? Get help recovering these stock losses by contacting an investment loss lawyer in Palm Beach.
Investors expect to suffer some losses because this is often the nature of buying and trading on the stock market and investing in other ways. However, these losses should never be due to the negligence or misconduct of your trusted financial advisor or stockbroker.
When this happens, the FInancial Industry Regulatory Authority (FINRA) needs to know so they can hold the negligent broker accountable and compel them to compensate you accordingly.
We understand that initiating a FINRA complaint and going up against a savvy broker or powerful brokerage firm can be intimidating. But, when you have a respected Palm Beach investment loss lawyer at Wolper Law Firm by your side, you can trust that we’ll handle the legal details of your case and do everything possible to recover full compensation for your investment losses.
Stockbroker Misconduct and Investment Losses in Palm Beach
Stockbroker misconduct is, arguably, one of the most common causes of investment losses in Palm Beach. You should be able to trust your broker and financial planning institution to act in your best interests, but sadly, more brokers are not only putting their commissions first, but are also being ordered to prioritize the interests of the brokerage firm at all costs to keep their jobs.
There are seemingly countless ways a broker could defraud an investor, but some of the most commonly seen types of investment fraud in Palm Beach include the following.
- Unauthorized trading
- Excessive trading (churning)
- Failure to diversify
- Excessive trading on margin
- Making unsuitable recommendations
- Ponzi schemes
- Failure to supervise
- Selling away
Hold Your Palm Beach Broker Accountable for Their Negligence
If you are interested in initiating a FINRA arbitration claim in Palm Beach to recover the investment losses you endured, there are a couple of things you need to know.
You cannot appeal the arbitrators decision once it has been made. Although this may be intimidating and seem like a risky move, most arbitration claims can be resolved in as little as 18 months, and if you win, the respondent will need to compensate you within 30 days of the decision.
If you bring your case to court, your case might not be heard for years. Even if you win, it could be even longer before you see any returns.
Get Help from an Investment Loss Lawyer in Palm Beach
If you are interested in bringing a reckless financial advisor to justice for your losses and would like to learn more about how a reputable Palm Beach investment loss lawyer at Wolper Law Firm can help, schedule a free, no-obligation consultation.
We can be reached by phone at 800.931.8452 or through the online contact form at the bottom of this page.