Shepherd Smith Edwards and Kantas Broker Negligence Attorneys

Shepherd Smith Edwards and Kantas Broker Negligence Attorneys Can Evaluate The Cause Of Your Investment Losses

Shepherd Smith Edwards and Kantas is a specialized securities law firm that helps investors determine if their financial losses were caused by various forms of stockbroker negligence, such as unsuitable recommendations or churning. With over 35 years of experience, the firm represents clients in FINRA arbitration to help them recover damages from negligent advisors and the brokerage firms responsible for supervising them.

Stockbroker negligence is a serious problem that can lead to substantial losses for investors. The Broker Negligence Law Firm of Shepherd Smith Edwards and Kantas (investorlawyers.com), a longtime securities law firm, can help you determine whether you were the victim of this type of financial advisor misconduct.

What Is Broker Negligence?

This is what happens when your financial advisor failed to act prudently or did not fulfill one or more of their fiduciary duties to you. Whether deliberate or unintended, stockbroker negligence can lead to serious portfolio losses caused by the fiduciary’s failure to act with the necessary level of care that their role requires.

Examples of financial advisor negligence:

Making unsuitable investment recommendations that are too risky or not in line with your investment goals or investor profile.
Overconcentrating your account with too many of the same investments. This lack of diversification can make an investor vulnerable to serious losses if that product fails and it comprises the bulk of your portfolio.
Unauthorized trading, which is trading done without your consent.
Excessive trading, which is also called churning. This is often for generating more commissions for the broker and not because it is in the customer’s best interests.
Due diligence failures, including not conducting enough research into an investment to ensure its viability, as well as suitability, for an investor.

Knowing whether you are the victim of broker negligence can be difficult, which is why you want to speak with our seasoned securities lawyers at Shepherd Smith Edwards and Kantas today.

The Difference Between Simple Broker Negligence and Gross Negligence

Simple financial advisor negligence involves the failure to provide reasonable care.

Gross financial advisor negligence occurs when wrongful or reckless behaviors, including willful misconduct, are involved.

What Should I Know About Filing A Broker Negligence Claim?

If you do have grounds for a broker negligence recovery claim, you will likely have to make your case in Financial Industry Regulatory Authority (FINRA) arbitration. This is where disputes between investors and their financial advisors are submitted for resolution. A panel of up to three arbitrators will rule on the case.

Rulings made by the FINRA arbitration panel are usually binding and final, which is just one of the many reasons why you need skilled broker negligence attorneys who are experienced with this legal forum.
It doesn’t matter that arbitration is considered a less complex and swifter proceeding than the court process. This is not the kind of legal case to pursue on your own. There are specific strategies that can maximize your chances for a full recovery in FINRA arbitration. Our stockbroker negligence lawyers know what these are and how to execute them.

What If The Brokerage Firm Did Not Know Their Financial Advisor Acted Negligently?

Broker-dealers are required to properly oversee their registered representatives and their activities in customers’ accounts. Even if the firm was unaware of the negligent behavior, if you suffered losses while your portfolio was under their supervision, you still may be able to sue them for damages.

We Represent Victims of Stockbroker Negligence

Shepherd Smith Edwards and Kantas has been fighting for investors against brokers and investment advisers for more than 35 years. More than 90% of our thousands of clients have secured full or partial financial recovery in arbitration, mediation, and litigation. Many of these investors were the victims of financial advisor negligence.

How To Contact Us:

Call (800) 259-9010 or fill out this online form today to schedule your free case assessment.