Broker Misrepresentations and Omissions Attorneys in San Diego

Shepherd Smith Edwards and Kantas Omissions Attorneys are a San Diego law firm dedicated to helping Southern California investors recover financial losses caused by broker misconduct, including fraudulent or negligent misrepresentations and omissions. Operating primarily through FINRA arbitration, their seasoned legal team leverages over 35 years of experience to pursue damages such as out-of-pocket losses, lost opportunity costs, and legal fees.

As a San Diego broker misrepresentations and omissions law firm, we are constantly speaking with investors who suffered losses because they agreed to investments that had risks they were never fully apprised of.  Shepherd Smith Edwards and Kantas Omissions Attorneys (investorlawyers.com) represents retail investors, seniors, institutional investors, and high-net-worth investors in pursuing damages from financial advisors who did not fully inform them of material information, other key facts, or certain risks.

What Are Misrepresentations As They Apply To Broker Misconduct Or Negligence?

Stockbroker misrepresentation is when a financial advisor provides false or misleading statements to a customer about an investment, transaction, or strategy. A few examples:

• Downplaying the risks involved in a particular financial product.
• Exaggerating the likely returns involved.
• Minimizing problems with an investment or its issuer.
• Not fully disclosing all of the fees that the investor will have to pay.
• Using misleading marketing materials that leave out material facts.

There is negligent misrepresentation, which doesn’t necessarily include any malintent, yet still may be grounds for an investor recovery claim. The financial advisor might have made a false or inaccurate statement because they did not perform the proper due diligence, or they themselves didn’t understand the risks involved.

There is fraudulent misrepresentation, in which the financial advisor purposely sought to lie to, deceive, or steal from a customer.

What Is Broker Omission?

This is when a financial advisor does not disclose certain material facts or information about an investment, transaction, strategy, or a particular kind of account.  Again, this may be due to negligence or fraud. Either way, if serious losses occur, an investor may be able to file a broker omission lawsuit to get their money back.

What Are Examples of Investor Harm Caused By Misrepresentations and Omissions?

An investor agreed to buy a particular investment because they were led to believe it was a safe, low-risk financial product when, in fact, it was a volatile, high-risk investment.

• Instead of selling their shares after hearing a security was in trouble, the customer decides to hold on to them because their broker told them everything was fine. The investment fails, and this investor loses a lot of money.
• A wealthy investor agrees to a high-risk trading strategy because their financial advisor apprised them of the possibility of higher gains. However, this broker neglected to mention that the risk of loss could be just as great.

Why Is It Important To Hire Seasoned San Diego, CA Misrepresentations and Omissions Attorneys to Represent You?

• Filing a claim against your broker for misrepresentations and omissions can be tough to identify, let alone prove.
• There are also usually other legal grounds for suing involved in this type of broker fraud case. Retaining a savvy securities law firm that knows how to assess all of what caused your losses can only maximize your chances for a full recovery.
• You will have to file your claim in FINRA arbitration, which is not something you want to do without our own misrepresentations and omissions legal team fighting for you.

What Kind of Financial Recovery Can I Get From Suing My Broker in FINRA Arbitration?

• Out-of-pocket losses
• Trading costs
• Lost opportunity costs
• Legal fees
• Interest
• Punitive damages

What you recover will depend on the specifics of your losses and the quality of your claim. Again, working with knowledgeable San Diego County misrepresentations and omission attorneys is very important if you want to win an award or secure a solid settlement.

Shepherd Smith Edwards and Kantas Omissions Attorneys Are An Experienced Misrepresentations and Omissions Law Firm in Southern California

• Representing investors in San Diego and the surrounding areas for more than 35 years.
• Our securities law firm has won awards and negotiated settlements for most of our clients.
• We provide quality securities representation and personalized attention.
• We are seasoned misrepresentations and omissions attorneys who have the knowledge, skills, and experience to tackle the most complex claims against the largest US brokerage firms.

Talk To Us About Your Misrepresentations and Omissions Losses in San Diego County

Call  (619) 550-4847 or (800) 259-9010 or contact us online.

4747 Morena Blvd #358
San Diego, CA 92117