If Your Broker Made False Statements Or Didn’t Disclose Material Facts, and You Suffered Investment Losses, You May Be Able To Sue

The Shepherd Smith Edwards and Kantas Mississippi Misrepresentations and Omissions Law Firm represents investors who have suffered losses due to a broker’s false statements or failure to disclose material facts. Their seasoned attorneys help Gulfport-area clients navigate FINRA arbitration to recover damages, lost profits, and commissions resulting from financial misconduct.

 Shepherd Smith Edwards and Kantas (investorlawyers.com) represents Mississippi investors in pursuing damages for losses they sustained because of misrepresentations or omissions by their financial advisor. Contact our Gulfport, MS securities law office if you want help assessing whether you have legal grounds for a lawsuit.

When Can  Misrepresentations and Omissions Lead To Investor Losses?

The Financial Industry Regulatory Authority (FINRA) does not allow financial advisors to make false statements or withhold facts from customers about investments or strategies they recommend. Misrepresentations can involve the making of misleading or false statements, while omissions are when material facts are not disclosed.

What are some examples of broker misrepresentations or omissions?

• Failing to disclose conflicts of interest, such as how much the broker stands to earn in commissions and fees by recommending one investment over another.
• Claiming an investment is risk-free when, in fact, it’s the opposite.
• Not disclosing that an investment is failing.
• Generating false statements to conceal investor losses or some type of investment scam.

A misrepresentation or omission by a broker could be deliberate, which likely makes it a fraudulent action, or unintentional, which is then more about carelessness or negligence. Either way, if investor losses occur, this could warrant a legal case against your financial advisor and/or their firm.

I’m An Investor Who Suffered Misrepresentations and Omissions by My Broker In How Do I Sue For Financial Recovery?

• You will likely have to file your investor recovery lawsuit in FINRA arbitration, which is the legal forum where disputes between financial advisors and their customers are made.
• You need to retain seasoned securities lawyers who are experienced at representing investors in this legal forum, which is not the same as going to court.

I’m A Victim of Misrepresentation and Omissions. How Can I Prepare For My Case?

• Speak with our knowledgeable FINRA Attorneys in Mississippi to explore your legal options. Shepherd Smith Edwards and Kantas can help you assess whether your losses warrant filing a misrepresentations and omissions case against your broker.
• Gather key documents—including marketing materials, account statements, investment prospectuses, trade confirmations, any agreements you signed with your broker, and more—and any communications you’ve had with your financial advisor.
• Hire seasoned misrepresentation and omission lawyers to represent you.

What Key Elements Must My Mississippi Omissions and Misrepresentations Attorney Prove To Win My FINRA Lawsuit?

• There was a material misrepresentation or omission involved.
• Your broker had a duty to disclose this information accurately.
• The information that was withheld or misstated was integral to you making an informed decision about your investment.
• You reasonably relied on said misrepresentation or omission.
• The broker acted fraudulently or negligently.
• Because of the misleading statement or undisclosed material information, you suffered substantial investment losses.

Unless a settlement is reached first, a FINRA arbitration panel will rule on your case. Any decision they make is final and virtually impossible to challenge.  Make sure you retain seasoned Mississippi misrepresentation and omission lawyers who know how to get your claim right from the start.

What Kinds of Financial Recovery Might I Be Entitled To Over Misstatements and Omitted Information by My Broker?

Depending on the specifics surrounding how you sustained your investment losses, you may be entitled to :

• Actual damages over the losses you sustained.
• Lost profits, in terms of what you could have earned if only the broker’s misconduct or negligence had not taken place.
• Punitive damages if malicious fraud was involved.
• Repayment of fees and commissions that you paid your financial advisor.
• Compensation for legal fees and other charges.

 

Why Hire Shepherd Smith Edwards and Kantas to Represent You?

• Trusted Mississippi securities attorneys with a combined experience of more than 100 years in securities fraud and the securities industry.
•     Has secured a collective many millions of dollars in awards and settlements for investors.
• When you retain our misrepresentation and omissions law firm, you are signing on everyone at our firm to fight for you.
• No recovery? Then no legal fees. We only get paid if we win an award or negotiate a settlement for you.

Speak to Our Mississippi Misrepresentations and Omissions Law Firm

To schedule your free case assessment, call  (228) 206-2493 or (800) 259-9010 or contact us here.

2118 18th St #100
Gulfport, MS 39501