fbpx

Texas Securities Fraud Lawyer

DID YOU LOSE LARGE AMOUNTS OF MONEY IN INVESTMENTS?

Our Texas Securities Attorneys Assist Individual Investors Who Have Suffered Losses

Many people save for retirement, homes, education, and other objectives by investing in stocks and financial securities. Because securities are very complex, it is common for these investors to trust brokers and financial advisors to invest their money according to their risk tolerance and goals. Often these investments work out to be profitable, but sometimes people suffer significant financial losses on their investments.

People who suffer devastating financial losses may be left wondering whether bad luck or bad advice caused the losses. An experienced Texas securities fraud attorney who focuses on helping individual investors can help you discover the truth.

Our Securities Attorney Will Address Your Investment Concerns

If you have lost substantial sums of investment money and are suspicious of the cause, we can help you discover the actual cause. Our Texas securities fraud lawyers can review your situation and uncover the truth.

If you are the victim of intentional misconduct, or even unintentional negligence, we can advise you on your legal options to recover your money via Texas securities fraud litigation.

Reach out to us to arrange a free consultation with a Wolper Law Firm Texas-certified securities fraud attorney by calling 855.453.8617.

Our securities fraud lawyers are dedicated to recovering investment losses in Texas. We recover money in over 99% of our cases.

Why Choose Us

We know that choosing a securities fraud lawyer is competitive. The securities lawyers at Wolper Law Firm are experienced in Texas securities fraud litigation and work diligently to fight for our clients’ rights. We are proud to stand by our reputation as outstanding securities fraud attorneys in Texas; here are a few facts about Wolper Law Firm’s securities fraud legal team:

  • Our securities lawyers have recovered money for wronged investors at the astonishing recovery rate of 99%.
  • We regularly receive glowing testimonials from our Texas investment loss clients regarding our exceptional services.
  • We have served clients in Texas, nationwide, and internationally.
  • Our attorneys have recovered millions of dollars for wronged investors.
  • We bring a trial-tested approach to investment loss, designed to expose misconduct, and hold the offending parties accountable.
  • Our lawyers have successfully litigated hundreds of securities matters across the U.S. in state and federal courts, as well as before institutions such as the American Arbitration Association (AAA), Financial Industry Regulatory Authority (FINRA), and JAMS.
  • We offer free consultations for you to learn more about your legal options.

If you have doubts about your investment losses, we offer a free, zero-obligation consultation with one of our securities fraud lawyers to determine if Wolper Law Firm is the right fit.

WHAT DOES A TEXAS SECURITIES ATTORNEY DO?

A TX securities fraud lawyer provides counsel and representation in legal matters concerning the securities market. The securities market includes:

  • Stocks
  • Stock options
  • Bonds
  • Mutual funds
  • Exchange-traded funds
  • Various other financial assets and instruments.

Some securities fraud attorneys specialize in advising different entities, like brokerage firms, small businesses, and corporations. They advise these entities on U.S. Securities and Exchange Commission (SEC) regulation compliance. Securities lawyers who work with brokerage houses may defend brokers against legal claims alleging negligence or misconduct lodged by wronged investors.

However, at Wolper Law Firm, our securities attorneys focus on helping investors who have been wronged by their financial advisors or brokers. We never work for corporations, but exclusively focus on assisting individuals who have lost money in the market.

When investors lose money because of negligence, fraud, or misconduct, our securities fraud lawyers pursue legal claims for recovery on behalf of our clients — no matter who we are up against.

Wolper Law Firm’s securities attorneys are exceptionally well suited to the task at hand, as they previously defended big brokerage firms that they now regularly sue on behalf of clients. We help distraught investors recoup financial investments that were lost wrongly or unnecessarily.

HOW DO YOU KNOW IF YOU NEED A TEXAS SECURITIES LAWYER FOR INVESTMENT LOSSES?

As an investor, you accept a level of risk according to your comfort and goals. Some investments carry a greater risk threat than others. The fact that a person loses money from a securities investment does not automatically mean that anyone wronged them intentionally or unintentionally. You can’t lodge a successful legal claim just because you lost money.

However, the situation changes if you have reason to believe there was an underlying reason for your financial losses, such as fraud, misconduct, or unintentional negligence. In that case, you may have a valid legal securities claim.

Our securities attorneys can help you uncover whether you have a claim by examining the available evidence, such as account statements and communications between you and your financial advisor or broker.

If you feel you may have been a victim of securities misconduct, you should reach out to Wolper Law Firm. We are happy to offer an honest and personalized assessment of your situation. We can be reached seven days per week online or via phone at 855.453.8617.

HOW FINANCIAL ADVISORS AND BROKERS COST INVESTORS MONEY

Brokers and financial advisors have a duty to act in the best interests of their clients; this is called a fiduciary duty. They can be held legally accountable if they fail to act in their client’s best interests. There are many ways financial securities professionals can cost investors’ money. Here are some of the most common:

  • By embezzling or stealing money from their customer’s accounts
  • By engaging in unauthorized trading in non-discretionary accounts
  • By churning or excessively trading in securities accounts to selfishly generate commissions for themselves
  • By placing their client in a speculative investment and misrepresenting the risk
  • By suggesting unsuitable investments misaligned with the client’s risk tolerance and financial objectives.

Dishonest and careless financial professionals cause investors to lose money every year. You aren’t alone if this has happened to you. If you have lost money because of a brokerage firm, broker, or financial advisor, we may be able to help. Wolper Law firm knows how to recoup investors’ losses. Continue reading to learn about different avenues for legal recourse.

FREQUENTLY ASKED QUESTIONS ABOUT TEXAS SECURITIES LAW

Contact Us Directly with Specific Concerns

It’s only natural to have questions if you have experienced a financial loss after investing in securities. We have provided the answers to common questions regarding securities law. But if you would like specific questions answered about your case, please contact Wolper Law Firm.

There are federal and state laws that protect American investors. Fraud in the sale of securities is strictly prohibited under the federal Securities Act of 1933. The same Act requires investors to receive financial information about public securities offerings. The SEC has the power to regulate and discipline brokerage firms.

In addition to federal regulations, states can enact their own laws to protect investors. These state laws are called “blue sky laws” and vary from state to state. However, they generally require companies to 1) register the securities they offer and 2) license brokers, brokerages, and financial advisors.

Investment fraud is more common than most people would expect. According to the U.S. Sentencing Commission (USSC), in 2020, there were 64,565 securities and investment fraud cases reported to the USSC. Of course, this begs the question of “how many offenders were not charged with legal claims or not reported?”

Securities fraud and negligence can happen for several reasons. Sometimes it is due to greed on the part of brokers and financial advisors, who commit fraud intentionally to increase their wealth. The securities industry is complicated, and many investors may not suspect any unscrupulous behavior and blame their unfortunate financial losses on pure bad luck.

At other times, a financial professional is simply negligent. Perhaps they made a mistake or dabbled in areas they misunderstood, misjudged their skill set and offered poor advice, or were lazy in handling their client’s portfolio. Essentially, they made a mistake that a financial professional in their position should not have made.

Regardless of the reason, when a financial professional breaks their fiduciary duty to their client and commits acts of misconduct or negligence, it can cost investors’ money. These financial professionals should be held accountable for their misdeeds.

Financial professionals who commit fraud or are negligent may lose their ability to work in the securities industry — regulatory bodies may strip them of their professional licenses and certificates. Additionally, they may be fined for their errors or misbehavior.

Individuals found guilty of securities fraud may face criminal prosecution and be slapped with criminal fines or prison time.

In Texas, the statute of limitations for filing a legal claim alleging securities fraud is five years.

Fraudsters often use high-pressure tactics to entice their victims, insisting that there is a lack of time to deliberate or using their credentials to entice would-be investors. If you believe a fraudulent investor has targeted you, FINRA recommends taking the following steps:

  • End the conversation.
  • Turn the tables by asking in-depth questions.
  • Before investing, get a second opinion from a party unrelated to the potential fraudster.
  • Take your name off solicitation lists.

No matter how savvy or prepared you are, it is still possible to be taken in by a negligent or fraudulent financial securities professional. If you feel you have been victimized, reach out to Wolper Law Firm’s professional securities fraud legal team.

ARE YOU SUSPICIOUS ABOUT YOUR BROKER?

Common Warning Signs of Securities Fraud and Negligence

The securities market can fluctuate sharply, so losses don’t always indicate fraud or negligence. However, securities misconduct is possible if there are large, inexplicable losses. Here are some of the warning signs you should be aware of:

  • A sudden, large, and unexpected loss in your portfolio
  • Unrecognized or unauthorized transactions
  • A series of multiple, frequent trades your broker can’t explain
  • The market is up overall, but your accounts are down
  • Your financial professional is unresponsive when you attempt to communicate
  • Your broker begins recommending complex investments beyond your understanding
  • A history of your broker’s recommended investments consistently losing money.

These are a few common signs of misconduct, but if you have other reasons to believe something isn’t right, it may be wise to consult with Wolper Law Firm’s Texas security fraud attorneys. We may be able to identify the problem before you lose more money, and, in some cases, we may be able to file legal claims against the culprit.

RECOVERING INVESTMENT LOSSES THROUGH ARBITRATION OR LITIGATION

Depending on your case, you may be able to bring your legal claim before a civil court or arbitration panel.

FINRA Arbitration

FINRA is a U.S. government-authorized organization that oversees brokers and brokerage firms. They and the SEC can hold brokers liable for misconduct and penalize offenders with fines and suspensions.

Securities Litigation

If arbitration is not binding in your case, you may be able to sue the offending financial professional in a civil court. These cases can take longer than arbitration due to potential appeals. Depending on your situation, you may even have the opportunity to join a class-action lawsuit if there are other victims in your situation.

Our securities attorneys are always ready to help you take your case to trial when it is qualified.

CONTACT OUR EXPERIENCED TEXAS SECURITIES LAWYERS

We understand that no one likes talking about being defrauded, especially when large sums of money are on the line. However, to begin the process of holding the company or individual accountable, you must speak with the right legal professionals. Our attorneys are skilled and compassionate and understand that fraudulent and negligent financial professionals regularly victimize intelligent, competent people.

The first step to justice is reaching out to an experienced and diligent securities fraud lawyer in Texas. It is essential that we understand the intricate details of your case before we can make any solid claims of legal recourse. You can call our law firm today to arrange a free, no-obligation consultation with one of our top securities fraud attorneys. Contact us at 855.453.8617 to learn how we can help you recover your money.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]