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Securities Fraud Lawyers

Securities Fraud Lawyers: Protecting Investors from Deceitful Practices

Have you ever felt duped by a financial advisor? Like they didn’t have your best interests in mind when managing your investments? You’re not alone. Securities fraud —when brokers or firms intentionally deceive investors —is way too common. And it often results in huge losses for investors.

If you’ve been the victim of securities fraud, a knowledgeable securities fraud attorney can help. These lawyers specialize in getting justice for investors who’ve been wronged. Keep reading to learn why you need their help, what cases they handle, and what to watch out for.

Why Do I Need a Securities Fraud Lawyer?

Dealing with securities fraud cases is tricky. The laws are super complex. Trying to navigate them yourself is pretty much impossible. Securities fraud lawyers, however, know these laws inside and out. They can decode all that confusing legal jargon and use it to build a strong case for you.

They also know how to deal with the shady tactics brokers and firms often use. Things like denying responsibility, destroying evidence, or intimidating victims into silence. Your attorney has the savvy to counter such underhanded moves.

Most importantly, securities fraud lawyers level the playing field. They stand up to even the biggest Wall Street power players on your behalf. And relentlessly fight to get you the maximum compensation you deserve.

What Kinds of Cases Do They Handle?

Securities fraud lawyers assist investors who’ve experienced all kinds of deceitful practices. Some common examples include:

Ponzi Schemes – This is when a broker uses new investors’ money to pay fake “returns” to earlier investors. The goal is to make it look like a successful investment strategy in order to lure more victims. But eventually the scheme collapses and most investors lose everything.

Unsuitable Investments – Here, a broker intentionally recommends inappropriate investments that don’t match your financial situation. Like putting all your retirement savings into overly risky securities likely to plummet in value. They often do this to earn bigger commissions.

Unauthorized Trading – This shady behavior involves a broker buying or selling securities in your account without your permission. They might do it to generate more fees. Or to dump failing stocks before they become worthless. Either way, it’s illegal.

Misrepresentation – Intentionally providing false or misleading information is a common securities fraud tactic. Like lying about an investment’s past performance or expected returns to convince you to buy.

Breach of Fiduciary Duty – As your financial advisor, brokers have a fiduciary duty to place your interests first. Actions like excessive trading, charging hidden fees, or self-dealing violate this duty.

Churning – Here, a broker makes way more trades than necessary in your account. This racks up big commissions for them but provides little benefit to you.

As you can see, the ways brokers can —and do —defraud investors are nearly endless. An experienced securities fraud lawyer can determine if your broker’s actions cross the line into illegal territory.

What Are Some Warning Signs of Potential Fraud?

While securities fraud often comes out of the blue, there are some red flags to watch for. Be on high alert if your broker or firm:

  • Pressures you to invest in something you’re unsure about
  • Makes guarantees of unusually high returns that seem too good to be true
  • Encourages frequent trading in your account that results in high fees but little profit
  • Doesn’t fully explain the risks of an investment before recommending it
  • Sends account statements from a company you’ve never heard of
  • Suddenly becomes difficult to reach after you invest

If you notice any sketchy behavior like this, it may be time to seek legal help. An investment fraud attorney can investigate and catch issues early before losses snowball.

Don’t Delay — Take Action Now

Dealing with securities fraud can turn your life upside down. Many victims find themselves completely devastated, both emotionally and financially. And the effects often ripple out to their families too.

But clients who hire knowledgeable securities fraud lawyers find it much easier to recover. Having a legal expert on your side makes navigating the confusing fraud reporting process smoother. It also greatly increases your chances of getting your hard-earned money back.

So if you’ve been victimized, don’t try to handle things solo. Get an experienced investment fraud attorney on your team right away. The sooner you act, the better positioned you’ll be to get justice and the maximum compensation possible.

With their expertise and dedication, securities fraud lawyers can help you emerge from the darkness of investment deceit. And steadily regain the financial security you’ve lost. Don’t hesitate — contact an attorney today to discuss your legal options. They’re here to help you get your life back on track.

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