Justia Lawyer Rating
Super Lawyers - Rising Stars Kirk G. Smith
Super Lawyers Samuel B. Edwards
Super Lawyers William S. Shephard
Texas Bar Today Top 10 Blog Post
Avvo Rating. Samuel Edwards. Top Attorney
Lawyers Of Distinction 2018

Buffalo, NY Broker and Investment Fraud Law Firm

Buffalo Investment and Securities Fraud Law Firm

Located 16 miles from Niagara Falls and 90 miles away from Toronto, Buffalo is New York State’s second-largest city. It often serves as a gateway for travel and commerce into the Canadian border.

While some might describe Buffalo’s culture as a blend of Midwestern and Northeastern America, it also boasts a robust foodie scene with strong multicultural influences, as well as progressive music and arts communities. Buffalo is considered by some to be one of the most affordable places to live in the US. Its major sports teams are the Buffalo Bills (NFL) and the Buffalo Sabres (NHL).

At Shepherd, Smith, Edwards, and Kantas, our savvy Buffalo investment fraud attorneys represent investors throughout New York who have suffered financial losses due to the misconduct, mismanagement, or negligence of their broker-dealers or investment advisors.

We have been fighting for retail investors, institutional investors, retirees, sophisticated investors, and high net worth individual investors for 30 years. Call (716) 261-3529 and ask for your free, initial case consultation.

What to Do if You Suspect That You Were the Victim of Brokerage Firm Misconduct or Negligence

Your financial advisor should be someone that you can trust with always having your best interests in mind when making any product recommendations or implementing a particular investing strategy for your portfolio.

Unfortunately, stockbroker and investment advisor fraud do happen, collectively costing investors billions of dollars each year. If you think that your financial losses could have been avoided were it not for the actions of your registered representative, you should speak with someone at our experienced Buffalo securities fraud law firm right away.

Types of Securities Fraud & Brokerage Firm Misconduct

Some ways in which brokers and investment advisors can cause their customers to lose money include:

  • Making unsuitable investment recommendations that are not in alignment with your financial goals, investing experience, or risk tolerance level.
  • Churning, which involves making too many trades in an account so that the broker can keep earning commissions.
  • Engaging in trades or buying investments without the customer’s knowledge or approval. This is a practice known as unauthorized trading.
  • Overconcentrating, rather than diversifying, a brokerage account in too much of one type of investment. This may increase the risk of losses should the product fail.
  • Not placing trades or other orders that the customer requested. This is called failure to execute.
  • Misrepresenting or omitting material facts about an investment or trading strategy.
  • Violating the terms of your agreement, which is a breach of contract.
  • Negligence, which can occur due to inadequate training, inexperience, or carelessness.
Failure to Supervise

Brokerage firms have a duty to oversee not just their registered representatives but also supervise what these employees are doing in their customers' accounts.

If your broker-dealer failed to identify any red flags indicating possible misconduct, didn’t have the proper supervisory procedures and protocols in place, or failed to stop any suspect activities in your investment portfolio after being notified of them, you may be able to pursue a case against the firm.

Filing Your Investor Fraud Claim in FINRA Arbitration

In New York, the Investor Protection Bureau is responsible for enforcing the state’s securities laws, known as The Martin Act. However, their involvement doesn’t necessarily guarantee your financial recovery. It is important that you have your own team of securities lawyers, consultants, and others representing you on your own claim and fighting to get your money back.

When you and your broker agreed to work together, you signed a document stating that any disputes would be resolved through Financial Industry Regulatory Authority (FINRA) arbitration.

SSEK Law Firm has successfully represented thousands of investors not just in FINRA arbitration, but also in private arbitration, litigation, and mediation. The majority of our clients have recovered at least some if not all of their investment losses.

Fighting for Investors in Buffalo and the Surrounding New York Areas

With over a century’s worth of collective experience in securities law, our securities fraud attorneys have successfully gone up against some of the largest financial firms in the US, most of which are based in New York. We have the knowledge and the resources that our clients need to maximize their chances of a successful case outcome.

In Erie County, Niagara County, Wyoming County, Genesee County, Chautauqua County, New York County, and all over the state, call SSEK Law Firm at (716) 261-3529 or contact us online.

Client Reviews
★★★★★
"I am going to miss conversations with you, Sam Edwards. You’ve been a wonderful lawyer and a friend. I loved learning legal jargon from you. But, even more, it is your self respect and commitment to your position that I admire and your persistent patience-your equanimity. With great appreciation, thank you!" M.B.
★★★★★
"My experience with Ryan Cook has been very positive. Through every step of the litigation he explained what to expect to happen. When I spoke with him later he reviewed the process. He was very patient and I never felt rushed. I have already told friends how wonderful he is." L.R.
★★★★★
"I want you to know that I very much appreciate your expertise, hard work and guidance that led to a satisfactory resolution with Raymond James. From our first meeting, I felt "heard" and that my situation and story were respected. Every subsequent interaction I had with any of you - in person, via email or by phone - only corroborated that feeling. What great work you do on behalf of people like me who have been wronged, yet don't know how to navigate the appeals/mediation/arbitration process as you do. I will be forever grateful." M.L.
★★★★★
"Good positive experience, guided us through a difficult process and was pleased with the outcome. Everyone I dealt with were exceptional." A.G.
★★★★★
"Good intelligent attorneys who never miss a beat. I set my expectations high and they delivered above and beyond. Do not miss the opportunity to let SSE&K represent you. Top notch, efficient and effective firm." S.M.
Contact Us
  1. 1 Free Consultation
  2. 2 No Recovery, No Fee
  3. 3 Over 100 Years Experience

Fill out the contact form or call us at (800) 259-9010 to schedule your free consultation.