Brokerage firms and financial advisors are required to manage your investments in accordance with certain rules and regulations established by the Financial Industry Regulatory Authority (FINRA). When you hire a broker to manage your investments and make investment recommendations, you expect that they will handle your hard-earned money responsibly, with integrity and in compliance will all securities industry rules.
Sadly, this isn’t always what happens. If you suspect that you may be losing money due to unsuitable investments, mismanagement of your money, or a breach of fiduciary duty, then you should contact one of our seasoned Florida investment fraud attorneys at Erez Law.
Our law firm has years of experience representing investors across the state of Florida in cases involving securities fraud. We have recovered more than $150 million dollars for our clients who have suffered investment losses due to fraudulent activity. Our attorneys are well versed in FINRA securities arbitration and have the knowledge and experience to help you recover your financial losses. Contact us today at (888) 840-1571 for a free consultation.
What Defines Securities Fraud in Florida?
When you lose money on an investment, there is often a good explanation. Market trends and conditions are impossible to accurately predict 100 percent of the time: no one can see the future. Even though it may be a disappointment, it doesn’t necessarily mean that there has been any fraudulent or illegal activity on the investment advisor’s end.
However, securities fraud does sometimes occur. This type of fraud usually results from an attempt by a broker or brokerage firm to place their interests before yours or by failing to follow the rules of the securities industry. Securities fraud, also sometimes called investment fraud, is the practice of deceiving investors into making investment decisions based on faulty or misleading information, which commonly results in losses to the investor. Securities fraud also occurs when brokers or brokerage firms recommend unsuitable investments or investment strategies – those investments that are not suited for an investor’s circumstances such as age, income, risk tolerance and objectives.
Most states have securities laws designed to protect investors from unscrupulous or even negligent brokers, brokerage firms and investment advisors. These laws are in addition to federal securities laws which are also designed to protect investors.
If you have sustained puzzling losses and have begun to suspect that your broker or brokerage firm may be mismanaging your investments or engaging in fraudulent activities, then it is critical that you speak to an attorney with a strong knowledge of Florida securities law and the securities industry in general. You may also wish to report suspected instances of fraud to the SEC (U.S. Securities and Exchange Commission) or FINRA.
Erez Law Investment Attorneys Serve Florida
The investment fraud attorneys at Erez Law, represent individual investors across the state of Florida, in cities including:
- Miami/Ft. Lauderdale
- St. Petersburg
- Port St. Lucie
We have the knowledge and resources to go up against even the largest and most powerful brokerage firms in the country. When you invest your hard-earned money, you expect it to be managed responsibly and lawfully. If you have sustained losses due to fraudulent activity, our attorneys will work tirelessly to help you recover those losses.
Types of Investment Fraud Cases
There are many different types of investment fraud. If you believe that you have been a victim of investment fraud, it is critical to seek out the advice of an attorney. At Erez Law, we handle many different types of investment fraud cases, including:
- EB-5 Immigrant Investor Program Fraud
- Hedge Fund Fraud
- Junk Bond Fraud
- Oil and Energy Investment Fraud
- Ponzi Schemes Fraud
- Preferred Shares of Stock Fraud
- Private Placement Fraud
- Variable Annuity Investment Fraud
- Broker Misconduct
Securities Fraud Cases That Affect Floridians
Erez Law, has investigated and litigated many different securities fraud cases, some of which you may be familiar with. You may recognize the subjects of some of these cases:
- Brokerage firm – David Lerner
- GPB Capital Holdings
- Northstar Financial Services (Bermuda)
- Northstar Healthcare Income REIT
- Conservation Easements
- REIT Investment Loss
- UBS Yield Enhancement Strategy (YES)
Contact an Investment Loss Attorney Serving Florida
If you believe that you may be the victim of fraudulent investment practices, then you are entitled to pursue legal action. Our investment fraud attorneys at Erez Law, have the necessary knowledge and resources to go up against powerful brokerage firms who improperly assessed risk tolerance, mismanaged your investments, or engaged in another type of broker misconduct. Call (888) 840-1571 today for a free consultation.