Securities Fraud Lawyer

If you are a victim of securities fraud and aren’t sure what to do next, reach out to a reputable securities fraud attorney for help bringing the liable party to justice.

It is more common than you might think for financial advisors, stockbrokers, financial planning institutions, brokerage firms, and others who work with financial markets to take advantage of investors to maximize their own commissions and profits. But, if you take action, the Financial Industry Regulatory Authority (FINRA) can do something about it.

At Wolper Law Firm, we have zero tolerance for stockbroker misconduct and securities fraud. If we are able to take on your case, your securities fraud lawyer will go above and beyond to secure full repayment of the losses you endured due to these unscrupulous financial advisors. 

Continue reading to learn more about the most common types of fraud and how to secure compensation through FINRA arbitration.

Stockbrokers’ Securities Schemes

Financial markets are complex, and brokers are able to get away with engaging in securities schemes until their investors suffer significant losses that become noticeable. However, there are some types of securities fraud that occur more frequently than others, including:

• Accounting fraud – This occurs when the financial statements of a company are manipulated or doctored to give the appearance the company is in good health. 
• Stockbroker misconduct – There are countless ways brokers can be liable for investor losses. Various types of stockbroker misconduct include misrepresentation, unsuitability, lack of portfolio diversification, and more. 
• Manipulation of stock prices – Stock manipulation describes the artificial inflation or deflation of a particular stock for financial gain.
• Investment fraud – Investment fraud can take many forms and encompasses any attempt to defraud an investor. Some examples include advance fee fraud, stock manipulation, Ponzi schemes, and promissory note schemes.
• Ponzi and pyramid schemes – These types of schemes involve defrauding investors with fake investment opportunities and work by paying investors through the added funds of new investors or recruits. 
• Prime bank schemes – Prime bank schemes involve fictitious financial products. They promise to generate high returns over a short period of time— a classic example of a red flag in the securities industry and financial markets. 
• Embezzlement –When one party has been charged with the care of certain funds and steals or uses them inappropriately, they can be accused of embezzlement. 
• Late-day trading – Late day trading is the practice of making trades that occur after markets have closed but recording them as having occurred before the markets closed that same day. 

When it comes to your money, stockbrokers and brokerage firms will often find creative ways to capitalize on their own financial gains without regard to how it may impact your investment portfolio. 

Whether you’ve been a victim of one of the previously mentioned types of securities fraud or been defrauded in another way, it may be worth your while to discuss your options for financial restitution with your securities fraud attorney.

Recover Your Losses in FINRA Arbitration

There are several ways you can ensure the fraudulent broker or financial institution in your case is brought to justice. But, if you hope to recover your stock losses, moving forward with a FINRA arbitration complaint is likely the best option for you. 

In FINRA arbitration, you’ll have the opportunity to prove to a panel of arbitrators that your broker’s misconduct was directly or indirectly responsible for your investment losses. If the arbitrators come down in your favor, you could be awarded compensation for the losses you endured as well as the various ways your life has been negatively impacted by the losses in question. 

Although FINRA arbitration does not provide the wronged investor with opportunity for appeal if they do not win, it is still the preferred option for financial recovery. This is, in part, due to the fact that if you win, the defendant will be ordered to repay you within thirty days of the decision. If you had gone to court, years may have passed before a decision was made, and more to get through the appeals process. 

Meet with a Respected Securities Fraud Attorney

When you are ready to bring the individual or entity responsible for your investment losses to justice, you can initiate a FINRA arbitration complaint by scheduling a confidential case review with a highly experienced securities fraud lawyer at Wolper Law Firm. 

Our firm proudly offers complimentary consultations to those who have been victimized by profit-driven brokers and financial planning institutions. You can take advantage of this opportunity by completing the convenient contact form we have included at the bottom of this page or by giving our office a call at 866-814-6247.