New Orleans Investment Advisor and Securities Fraud Law Firm
Known around the world for its Mardi Gras celebrations, historic French Quarter, Creole food, vivacious nightlife, and as the birthplace of Jazz, New Orleans is a melting pot of cultures and people.
It is Louisiana’s most populous city and located on the Mississippi River close to the Gulf of Mexico. This consolidated city-parish is a commercial and economic center for the region and a hub of maritime industry. Its professional sports teams are the New Orleans Saints (NFL) and the New Orleans Pelicans (NBA).
At Shepherd Smith Edwards and Kantas (SSEK Law Firm), our experienced New Orleans securities fraud attorneys represent investors throughout the metropolitan area and all of Louisiana in recovering the losses they sustained because a stockbroker or investment advisor mismanaged, misappropriated, or was negligent in handling their funds.
We have been fighting for investors for 30 years. SSEK Law Firm has recovered many millions of dollars on our clients’ behalf. Contact our Jefferson Parish securities attorneys in our Metairie office at 504-324-0252.Investors Who Suspect They’ve Been the Victim of Broker Fraud Should Consult with a Skilled Louisiana Securities Fraud Attorney
The Office of Financial Institutions (OFI) is Louisiana’s regulator in charge of overseeing the different entities that offer financial services to residents. If you are considering working with a broker or investment advisor, you should contact the OFI’s Securities Division first to make sure that they are registered to work in the state.
You can also visit Financial Industry Regulatory Authority (FINRA) or the Securities and Exchange Commission (SEC) online to check whether a stockbroker or a financial advisor has been the subject of any customer or regulatory complaints in the past.
Unfortunately, even when you conduct your own due diligence, stockbroker and investment fraud or negligence can still happen. If you suspect that your investment losses are due to either, it is important that you speak with a knowledgeable securities arbitration and securities litigation lawyer in New Orleans to find out whether you have grounds for a FINRA arbitration claim. This is not the type of case that you will want to file without seasoned legal help.Financial Advisors and Stockbrokers Owe New Orleans Investors a Fiduciary Duty
Brokers and investment advisors owe customers a fiduciary duty to act in their best interests. This means only employing a trading strategy or making investment recommendations that are in full alignment with the investor’s goals, portfolio, and risk tolerance level.
Unauthorized trading, misappropriation, misrepresentations and omissions, churning, overconcentration, breach of contract, selling away, and unsuitability may all be grounds for a FINRA arbitration claim if serious losses result.
Meanwhile, broker-dealers have a duty to properly oversee their registered representatives and their activities as the latter pertains to customers. When a failure to supervise allows fraud or negligence to occur, an investor may be able to recover damages from the brokerage firm of record.Pursuing Your Investment Losses Through FINRA Arbitration
When you signed the agreement to work with your broker, you consented to a clause that requires you to resolve any disputes with the broker-dealer and its registered representatives through FINRA arbitration rather than in court.
This is an involved process that requires the skills and knowledge of savvy securities fraud lawyers in the New Orleans metropolitan area who know how to do what it takes to maximize your chances for a successful case outcome.
At SSEK Law Firm, our team of attorneys, consultants, and others have over 100 years of combined experience in securities law and the industry. Should we agree to work together, we can:
- Prepare your customer claim for arbitration;
- Select the best arbitrators to preside over your case;
- Represent you during the Discovery Process;
- Mediate toward a possible settlement on your behalf;
- And argue your case in FINRA arbitration.
Most investors who’ve been represented by our securities fraud law firm have recovered some, if not all, of their losses.New Orleans Investment Fraud Law Firm Advocating for Investors In Louisiana
SSEK Law Firm represents investors in the Greater New Orleans area, including Jefferson Parish, Orleans Parish, and St. Bernard Parish, and the rest of Louisiana.
We work with retail investors, senior investors, retirees, institutional investors, and high net worth individual investors. Your first consultation with us is a free, no-obligation case assessment. Contact us online or call our New Orleans law office at 504-324-0252.