Broker Fraud Lawsuit

Can You Sue Your Broker Over Your Investor Losses?

Filing A FINRA Lawsuit With the Help of Skilled Broker Fraud Lawsuit Attorneys

If you suffered investment losses that you believe were caused by the wrongful or negligent actions of your financial advisor, you may be able to pursue damages from them through Financial Industry Regulatory Authority (FINRA) arbitration. In this forum, you can submit your securities fraud lawsuit which will be heard by a panel of FINRA arbitrators.

At Shepherd Smith Edwards and Kantas ( our team of Broker Fraud Lawsuit attorneys, have been fighting for retail investors, retirees, inexperienced investors, accredited investors, wealthy investors, institutional investors, and others for over thirty years. Through arbitration, mediation, and litigation, we have represented thousands of investors against their brokerage firms to collectively recover many millions of dollars on their behalf.

Because not all investment losses are caused by the actions of your broker, it is important that you contact our knowledgeable brokerage firm negligence law firm so that we can offer you a free, no-obligation case assessment to determine why your portfolio lost money. Also, while some incidents of stockbroker fraud are obvious and clear, others can be less hard to identify let alone prove unless you know what to look for.

If you do have a viable cause of action that can prove that you were the victim of broker misconduct or negligence, then you have grounds for a broker fraud lawsuit. This is yet another reason why having experienced brokerage firm negligence attorneys by your side is so important.

What Are Examples of The Most Common Reasons For Filing a Broker Fraud Lawsuit 

Unsuitability: Your financial advisor recommended and sold you an investment, engaged in an investing strategy, or made trades in your portfolio that were unsuitable for you given your investing profile or risk tolerance level.

Overconcentration: Your broker concentrated your portfolio with too many high-risk products and failed to properly diversify your investments. This overconcentration led to your investor losses.

Financial product failures: If your brokerage firm unsuitably recommended an investment that ended up failing or proved fraudulent, or your broker made misrepresentations and omissions about the financial product, you also may be able to file a FINRA lawsuit.

Failure to properly supervise: Your brokerage firm neglected to properly supervise your financial adviser and their wrongful or careless activities in your account.

Churning: Also known as excessive trading, your financial advisor made too many trades in your account for the purposes of earning more commissions rather than because it was in your best interests.

Broker misappropriation or theft: Your financial advisor stole money from your account.

How Can Our Savvy Securities Attorneys Help You With Your FINRA Lawsuit? 

Should we agree to work together, Shepherd Smith Edwards and Kantas can help gather the necessary evidence (including key documents and records to prove your investor loss case), prepare and file your statement of claim, and represent you before the panel of arbitrators.

Our trusted securities lawyers and team of paralegals, legal assistants, and others have over a century’s worth of combined experience in securities law and the securities industry. We have sued the largest Wall Street brokerage firms to win awards and secure settlements for our investor clients.

FINRA arbitration is different from going to court and you want FINRA attorneys who know how this forum works and have achieved successful outcomes in the past.

Call (800) 259-9010 today.



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