Stockbroker Misconduct Lawyer

Have you recently uncovered disastrous investment losses? Do you suspect that your financial planner’s conduct had something to do with it? If so, an experienced stockbroker misconduct attorney could help you seek the money that’s rightfully yours.

Stockbroker misconduct and that of their brokerage firms and financial planning institutions is far more common than you might think. Often, only once an investor has endured considerable losses are these schemes brought to light.

The Financial Industry Regulatory Authority (FINRA) takes broker misconduct very seriously, and filing an arbitration claim can be the first step in being repaid for your damages.

But bringing a claim against an irresponsible broker and/or their large financial corporation can be overwhelming. Don’t go at it alone. Contact a respected stockbroker misconduct lawyer at Wolper Law Firm, P.A. for assistance in bringing these conniving brokers to justice for the losses you have had to cope with.

What Are Some Examples of Stockbroker Negligence?

Stockbrokers are often savvy talkers and may try to explain away your losses as common or part of the risk in being an investor. Sadly, this is a common way for crooked brokers to continue defrauding investors until the losses are so exorbitant that they are no longer easily explained.

With this in mind, here are some of the most common types of stockbroker misconduct so you can have a better idea of when you might have been taken advantage of by a commission-driven broker:

  • Lack of diversification
  • Selling away
  • Churning
  • Unauthorized trading
  • Unsuitable trades
  • Failure to supervise
  • Investing on a margin

Steps to Take to Recover Your Stock Losses after Broker Misconduct

Once you have discovered considerable stock and/or investment losses, your first call should be to an experienced lawyer. Your attorney can then take a look at your case and either begin investigating to determine if negligence or misconduct has occurred or compiling evidence to support your FINRA arbitration claim.

Then, you can file a statement of claim with FINRA. This is your complaint against the stockbroker and will contain all relevant information about your case, including the extent of your stock losses and a description of the misconduct that the broker engaged in that caused your loss. From there, you’ll be given a hearing where both you and the broker or their firm will present your case.

If the arbitrator or arbitrators determine that your case warrants the repayment of your losses and any other damages you might have endured, the responsible party will then have a maximum of thirty days to provide you with the money you are owed.

Meet with a Stockbroker Misconduct Attorney

If you have reason to believe your stockbroker’s misconduct was the direct or indirect cause of your investment losses, you can do something about it.

Seek full financial recovery of your losses by contacting a qualified stockbroker misconduct lawyer a Wolper Law Firm, P.A. for a confidential review of the details surrounding your loss. You can give our office a call at 800.931.8452 or fill out the secure contact form included below when you are ready to schedule your free consultation.

Client Testimonial

”Matt Wolper represented my interest, and those of my spouse and brother in law in a FINRA Arbitration. Not only was he representing three family members, but these members had wide variation in their levels of expertise in investments and in the legal issues surrounding them. Matt was very professional and consistently maintained an excellent level of communication. He not only represented us fairly, but provided us with appropriate and timely feedback, including explanations, reassurances and advise. I would recommend him, and would not hesitate to use his services again.” – Jack Garland (Google Review)

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]