Oregon Misrepresentation Attorneys

Oregon Misrepresentations and Omissions Law Firm

Representing Investors Who Have Suffered Losses Because of Misleading or False Information By Their Brokers

From our Portland, Oregon misrepresentation attorneys office, Shepherd Smith Edwards and Kantas (investorlawyers.com) works with retail investors, accredited investors, retirees, high-net-worth investors, and institutional investors throughout the Beaver State whose financial advisors gave them inaccurate or misleading facts about an investment or investing strategy. Misrepresentations and omissions is one of the most common reasons that investors end up involved in financial products or strategies they might otherwise have avoided. Instead, they ended up sustaining serious investment losses.

What Are Securities Misrepresentations and Omissions, and How Do They Impact Oregon Investors?

Misrepresentations and omissions by a broker are considered deceptive practices in which important, even material information, about an investment or strategy is either withheld from or misrepresented to investors. False statements about potential returns, minimizations of the true risks involved, failure to disclose conflicts of interest the brokerage firm might have, and the withholding of key information about the history of an investment are some examples of what misrepresentations or omissions can look like.

The financial advisor may have failed to conduct the necessary due diligence into an investment product or strategy, which leaves them with incomplete information to share with you. The broker may have neglected to explain the multiple layers of fees you’d have to pay them, separate from what you paid to purchase the investment. Claiming that a high-risk strategy, such as borrowing on margin, is not risky at all is also another example of misrepresentations and omissions. The deliberate intent to mislead investors about a product because the financial advisor is seeking to commit investment fraud has also been known to happen.

What Are FINRA Rules That Prohibit Misrepresentations and Omissions?

FINRA Rule 2020: Use of Manipulative, Deceptive, or Other Fraudulent Devices. Member firms and their associated persons are not allowed to use such devices or practices to effect a transaction or purchase involving a security.

FINRA Rule 2210: Communications with the Public. Registered representatives must disclose all information about an investment.

FINRA Rule 2010: Standards of Commercial Honor and Principles of Trade. The financial advisor must operate with the highest standards of commercial honor when dealing with investors.

How Do I Know If I’m A Victim of Oregon Misrepresentations and Omissions by My Broker?

This can be hard to identify without a trusted Portland securities law firm making an assessment. However, possible signs of this type of financial advisor misconduct include:

Your financial advisor guarantees you high returns with no risk of loss. This type of promise also might be a sign that the person making such claims is trying to scam you.
You are given misleading Investment information. The “facts” provided about your investment and the level of risk involved are inaccurate or incomplete.
A financial advisor misrepresents their qualifications to you, perhaps claiming to be an expert on a particular kind of investment when that is far from the truth.
Material facts about the financial health of the investment are withheld.
You are subjected to high-pressure sales tactics in which the financial advisor insists you need to get involved now or lose out on an investment opportunity.

At Shepherd Smith Edwards and Kantas, our Portland, OR misrepresentations and omissions law firm can help you assess whether this type of broker misconduct was involved. We have been fighting for Oregon investors since 1990 in arbitration, mediation, and litigation. This includes handling most kinds of complex investment loss recovery claims against the largest Wall Street financial firms. Over the decades, we have helped thousands of investors to collectively recoup many millions of dollars in awards and settlements from liable broker-dealers and investment advisers.

Our Oregon misrepresentation attorneys provide robust securities representation and personalized attention. We understand how stressful and often devastating losing money due to broker fraud can be. Read our client reviews to find out what it is like to work with us.

Contact Our Oregon misrepresentation attorneys and Omission Law Firm:

Call (971) 285-3075 or (800) 259-9010 to schedule your free case assessment. You can also reach out to us online.

621 SW Morrison St #1050-B
Portland, OR 97205