Stock Market Loss Lawyer
Stock market losses can have a significant impact on an investor’s life. If your losses were caused by the negligence or irresponsible conduct of your financial advisor, you may be entitled to full restitution. Contact a qualified stock loss lawyer for more information.
Investment losses are not uncommon, and unfortunately, neither is stockbroker misconduct. When your financial advisor wrongs you and you suffer considerable losses, you can initiate a complaint with the Financial Industry Regulatory Authority (FINRA) and request a hearing that could result in your being repaid for your losses.
If you are feeling intimidated or overwhelmed at the thought of going to FINRA arbitration, you aren’t alone. Your reputable stock market loss lawyer at Wolper Law Firm will be by your side every step of the way to ensure that your chances of being repaid for your losses are maximized.
How Do Stock Losses Occur?
It is normal for the stock market to fluctuate, and when that happens, losses are not uncommon. What is not acceptable are losses caused by misconduct or fraud. It is more common than you might think for financial advisors to prioritize their own interests over those of their clients. There are several different ways that this can occur, but some of the more common types of stockbroker misconduct include:
- Misrepresentation
- Unsuitable investment recommendations
- Omission
- Churning
- Unauthorized trading
- Lack of portfolio diversification
- Failure to supervise
- Ponzi schemes
- Breach of fiduciary duty
- Selling away
- Negligence
These are just a few of the different types of ways that financial advisors can wrong investors. If your stock losses were caused by any of these types of misconduct, you may be able to recover your losses in FINRA arbitration.
FINRA Arbitration for Stock Market Losses
FINRA arbitration is designed to help investors who have lost a significant amount of money due to the negligence or misconduct of their financial advisor, stockbroker, or brokerage firm. FINRA arbitration is often a good option for those who hope to recover their losses in a timely manner, as most FINRA arbitration claims can be resolved in as few as 18 months.
In your hearing, you will have the opportunity to plead your case, and your broker will have to explain their reasoning for making the investment recommendations that caused your losses. If the arbitrators determine that misconduct occurred, they can order your stockbroker to compensate you accordingly.
It is important to note that arbitration decisions cannot be appealed. This means that if the arbitrators determined you were not taken advantage of by your broker, you cannot appeal their decision. However, due to the fact that arbitration can often be resolved more quickly than going to court, it is often seen as a more attractive option.
Get in Touch with a Lawyer Experienced in Stock Market Loss
To learn more about how a respected stock market loss lawyer at Wolper Law Firm could help you with your FINRA arbitration complaint, schedule a free, no-obligation consultation so we can further discuss the individual details of your case. You can reach our office by calling 800-931-8452 or submitting the online contact form included at the bottom of this page.
