Portland Investment Advisor and Broker Fraud Attorneys
Home to the Oregon Zoo, Powell's City of Books, a vibrant foodie culture, and 70 miles of nature trails, Portland is consistently ranked among the top 10 places to live in the US.
Thousands of its residents work in the city's top industries of high tech, manufacturing, healthcare, and athletic and outdoor apparel. The Portland Trail Blazers (NBA), Portland Timbers (MLS), and the Portland Thorns FC (NWSL) are based here.
Our savvy Portland securities fraud lawyers at Shepherd Smith Edwards and Kantas (SSEK Law Firm) represent Oregon investors in their broker negligence and investment fraud claims against the financial firms and their registered representatives who caused their investment losses. For 30 years, SSEK Law Firm has helped thousands of investors, recovering many millions of dollars for them.
Call our Portland office at (971) 285-3075 today to request your free case consultation.Hiring An Experienced Portland Securities Law Firm Increases Your Chances of Financial Recovery
In order to do business in the state of Oregon, a brokerage firm must obtain a license to operate in the state. The Division of Financial Regulation not only grants these licenses, but also regulates broker-dealers, their registered representatives, and the products that they sell.
Unfortunately, having a state regulator or even federal regulators, such as the US Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA), oversee broker-dealers is not enough to prevent stockbroker fraud or negligence. There is also no guarantee that these regulators can get your money back. This is why it is so important that you work with our skilled Portland stockbroker fraud attorneys who know how to pursue and prove your investor claim in FINRA arbitration, mediation, or litigation.Did You Know That Misrepresentations and Omissions Can Be Grounds for an Investor Claim?
While theft or misappropriation most commonly comes to mind when people think of broker fraud, there are other ways in which a brokerage firm or its registered representatives can cause investors to suffer unnecessary losses. One of these ways is by making misrepresentations and omissions, which typically involves leaving out or misrepresenting key material facts about an investment.
A failure to properly disclose material information can cause an investor to buy a security or agree to an investing strategy that, unbeknownst to them, is too high-risk for their investment portfolio. Unfortunately, many Oregon investors have lost money because a stockbroker or investment advisor made misrepresentations or omissions.Unsuitable Investment Recommendations Are a Common Cause of Portland Investors' Losses
Brokers and financial advisors have a duty to only recommend a security or trade that is suitable for and in the best interests of a customer's financial goals, portfolio, life circumstances, and risk tolerance level. Unfortunately, there are broker-dealers and their registered representatives licensed in Oregon that continue to make unsuitable investment recommendations to customers.
Essentially, a recommendation is unsuitable if it is not appropriate for the investor or their portfolio. Unsuitability may also refer to:
- Excessive trading in a customer's account in order to earn commissions
- Overconcentration of an investor's portfolio in too much of one type of investment
- Unauthorized trading
Often, securities fraud and broker negligence are enabled by a firm's failure to supervise its registered representatives and their activities. Our knowledgeable Portland brokerage firm negligence lawyers have successfully gone up against some of the largest firms on Wall Street to recover damages and other losses for investors.Fighting for Oregon Investors and Protecting Their Rights
Working with our investment fraud attorneys will maximize your chances of getting back your losses caused by broker negligence or fraud. SSEK Law Firm represents retail investors, inexperienced investors, seniors, retirees, high net worth individual investors, sophisticated investors, and institutional investors in the following areas:
- Multnomah County
- Washington County
- Clackamas County
- Hood River County
- Crook County
- Grant County
- Douglas County
- And the rest of the state
Our team of securities lawyers, consultants, and others have a combined over a century's worth of experience in securities law and the securities industry. Contact us online or call our Portland office at (971) 285-3075.