Erez Law’s mission is to recover investment losses from brokerage firms. Erez Law has recovered investment losses of over $200 million from brokerage firms and has successfully represented over 1000 clients. We have the experience, strategies and resources to maximize recoveries for defrauded investors through trial or negotiation. Erez Law has tried over 40 cases to verdict and consistently achieved exceptional results for its clients and is regarded as a preeminent trial firm.
Case Results
$69,000
CASE NO. 10-02738 (2012 WL 188971)
Gubman v. GMS Group, LLC
The Firm obtained an award against GMS Group, LLC in the amount of $69,865.93, for an investor who suffered a principal loss of $55,231 in Main Street Natural Gas Ser 2008A Proj Rev bonds. The award represented 100% of the investor’s principal loss ($55,231) plus the interest payments the investor would have received from the Main Street bonds if they had not defaulted. The Main Street bonds were closely linked to to the credit risk of Lehman Brothers. The FINRA arbitrator found that the brokerage firm was liable for breach of fiduciary duty, negligence, and breach of contract for failing to disclose the extent to which the investor would be exposed to the credit risk of Lehman Brothers.
Disclaimer: The results obtained for this or any client does not indicate that similar results can be obtained for other clients.