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Proving Broker Misconduct

Stockbroker fraud and misconduct runs rampant through the financial industries. Unfortunately, if you hope to get your lost money back, you must prove broker misconduct in an arbitration hearing with the Financial Industry Regulatory Authority (FINRA). You can learn more about some of the most common types of broker misconduct and how to win your case by reading on.

Examples of Broker Misconduct

If you are hoping to recover your investment losses, you must be able to prove to FINRA that your financial institution or advisor is responsible. It doesn’t matter whether their actions were intentional or accidental—if they are liable for your stock losses, they should also be compelled to compensate you. Some common types of broker misconduct heard in FINRA arbitration proceedings include:

  • Misrepresentation
  • Lack of portfolio diversification
  • Omission
  • Failure to supervise
  • Unauthorized trading
  • Excessive trading
  • Ponzi schemes
  • Negligence

Building a Case for Broker Misconduct

The good thing about the financial sector is that there is always a paper trail of evidence. The ability to obtain this evidence can be a challenge.

But if your lawyer can gather financial documents, transactions, accounts, and communications with your financial advisor and other relevant parties, you could have a strong case against whoever is responsible for your losses. If FINRA arbitrators agree, they can order the liable party to pay you full restitution within thirty days of the decision.

Meet with a Broker Misconduct Lawyer

Are you ready to bring your fraudulent broker to justice? If so, meet with a reputable broker misconduct lawyer at Wolper Law Firm to discuss the individual details of your case. We provide complimentary consultations to wronged investors across the country.

Take advantage of this opportunity by completing our online contact form or calling our office at 800.931.8452.

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]