Investigating securities misrepresentations, fraud and misconduct is what we know. It is our focus! Helping investors recover their hard-earned investment losses while holding those responsible for the losses is what we do and have done for decades. Our securities fraud attorneys and staff have more than 100 years of combined experience in the securities industry and in securities law. Most of the attorneys and staff in our law firm previously served as NASD/FINRA licensed financial advisors or as compliance officers of major brokerage firms, giving us insight into how the securities business operates beyond almost all other law firms.
Our experienced investment fraud attorneys are devoted to assisting institutional and individual investors nationwide to recover losses caused by the inappropriate actions of investment advisors and their firms
At Shepherd, Smith, Edwards & Kantas, LLP, our team of dedicated FINRA lawyers and staff have extensive experience in helping investors, individual and institutional, who have put their trust and financial security in the hands of their financial advisor and brokerage firm, only to have that trust abused through misconduct, deceit, misrepresentation, or negligence, resulting in financial losses and strain. The Financial Industry Regulatory Authority or FINRA regulates the brokerage industry and administers the arbitration process. Our firm handles arbitration cases in all 50 states.
Often, investors are oblivious to the true reasons for or causes of their financial losses, mistakenly attributing their losses to the ebbs and flows of the market, unaware that they are working with a conflicted firm broker and or advisor who has put their own greed or interests ahead of their clients' needs, thus breaching their fiduciary duties. When issues or disputes develop between investors and their broker and/or investment firm, figuring out what the options are and deciding which one is best for a particular situation can feel overwhelming and intimidating. Let our team of distinguished and well-regarded stockbroker fraud lawyers and staff work on your behalf to recover your retirement savings, your financial security. It has been the mission and focus of our law firm for over 30 years. We've helped thousands of investors in situations similar to yours and we can help you. SSEK has filed over 2,000 FINRA arbitrations. Few firms can say that. Few firms have been around long enough and focused securities litigation. We live and breath FINRA rules and SEC or Securities Exchange Commission regulations.
We have assisted investors across the U.S., including Puerto Rico, as well as throughout the world, including countries throughout South and Central America, Mexico, Europe, and Asia.
Many of our clients, both individual and institutional, are referred to our FINRA attorneys and Securities (SEC) law firm by their personal lawyer, accountant, or new financial advisor.
What is brokerage firm or financial advisor misconduct?
"Besides helping the retail investor, our firm has vast experience in representing corporate or other business entities, Credit Unions and other financial institutions, and Municipalities in conflicted underwritings and investment counsel"
Samuel Edwards, Partner and Past President of PIABA
It may include theft, lying and deceit, but it also includes other types of wrongdoing, such as churning, unauthorized transactions, unsuitable investments and other acts of greed, incompetence and negligence by stockbrokers, financial planners, and others in the securities industry. Learn more about common forms of broker misconduct.
There are regulations and laws written to protect investors. Securities regulators "police" the securities industry and issue fines and suspensions. To recover their losses investors must file claims for recovery. Statistics demonstrate that they are far more likely to recover if they are represented by experienced securities lawyers. Since investors sign account documents at brokerage firms which almost always contain binding arbitration clauses, most claims against brokerage firms must be resolved in securities arbitration instead of court. Learn more about securities arbitration.
Our primary goal is to represent investors who have lost their savings and retirement when their brokerage accounts were mishandled. Our investment and securities fraud attorneys have represented thousands of clients nationwide who were victims of misrepresentations, commission churning, unsuitable investments, unauthorized transactions, execution failures, excessive mark-ups, disappearing funds, botched transfers, web-broker outages, "selling away" from firms, unregistered brokers, unregistered securities, improper margin liquidations, broker bribes, fraudulent research, "boiler room" sales practices, private placements and other wrongful acts. Those cases were concerning stocks, bonds, "penny" stocks, "junk" bonds, options, warrants, commodities, mutual funds, REIT's, limited partnerships, derivative securities and other investments. We have also handled other types of cases for investors and minority shareholders. More about our firm.
Click here to learn about common mistakes that investors make when interacting with brokers after they suspect something is wrong.
Click here if you want to know how retirees are targets for unethical money managers. Here is some information about annuities, a prime investment product sold by stockbrokers in recent years partly because of the large commissions the sales generate.
"As a former series 7 licensed stockbroker and financial advisor I have seen the good and bad side of the industry. Most financial advisors are decent people. Often times they are led astray by their own brokerage firm. There have been many instances where the brokerage firm has lied to both the client and the financial advisor. Also, your trusted advisor may simply have been negligent and not done the proper due diligence. Obviously, there are situations where your broker was just thinking of himself. Regardless of which scenario occurred, if you were wronged, you need to seek redress. It's not your fault your advisor was misled by his own employer, and we can always not name the broker in the FINRA lawsuit if that is needed."
Kirk Smith, Partner