Securities Fraud Lawyer
When you have lost money with your stockbroker or financial advisor, or if you are a victim of a securities fraud, help is a phone call away. That’s why we are here.
FINRA Arbitration Lawyer
If you lost money with a stockbroker or financial advisor, your sole remedy may be to pursue a FINRA arbitration claim. That’s the core of our practice, and we are here to help.
When you have lost money with your financial advisor or stockbroker which you believe resulted from their unsuitable investment recommendations or negligent handling of your accounts, you need someone who cares about your recovery. That’s why we are here.
Kons Law Firm helps investors nationwide navigate the FINRA arbitration system, to make sure that your rights are represented.
We know that FINRA arbitration can be stressful on investors, with aggressive brokerage firms and financial advisor insurance carriers that deny liability. Let us handle fighting brokerage firms to help negotiate the best possible settlement given your facts. Our experience handling cases like yours means we can anticipate what’s next and keep you informed throughout the process.
If you hire us, you will always be able to speak to a FINRA arbitration attorney who knows the ins and outs of your case, and you will never be left in the dark about your case. We’ll be with you every step of the way.
How did you lose money?
Investment fraud (also known as securities fraud) includes illegal activities such as misrepresentation or omission of materials facts, engaging in unauthorized trading, misuse of customer funds, churning and Ponzi schemes. If you believe you are a victim of a securities or investment fraud, contact a securities lawyer today for a FREE CONSULTATION to learn your legal rights.
A Ponzi scheme is a type of investment fraud that involves the payment of returns to existing investors from funds contributed by new investors. Perpetrators of Ponzi schemes often solicit new investors by promising to invest funds in opportunities claimed to generate high returns, which creates the false appearance that early investors are profiting from a legitimate business. Ponzi schemes collapse when the perpetrators cannot lure new investors to continue the scheme. If you invested in or lost money in a Ponzi scheme, contact a securities attorney today for a FREE CONSULTATION to learn your legal rights.
In many instances stockbrokers and financial advisors owe a fiduciary duty to their clients – meaning that they have to act with the client’s best interest in mind, need to be free of conflicts of interest, and have to act with due care with regard to the handling of their accounts. If you believe you lost money as a result of a breach of fiduciary duty, contact a securities lawyer today for a FREE CONSULTATION to learn your legal rights.
The Financial Industry Regulatory Authority (FINRA) requires stockbrokers and financial advisors to adhere to FINRA Rule 2111, which requires every stockbroker and brokerage firm to ensure that their recommendations regarding investment products, asset allocation, or trading strategies are “suitable” for those firm customers – meaning that they must be appropriate for the customer given their circumstances. If you believe you lost money as a result of an unsuitable investment recommendation, contact a securities attorney today for a FREE CONSULTATION to learn your legal rights.
Excessive trading in your brokerage account (also known as “Churning”) takes place when a stockbroker engages in the excessive buying and selling of securities in a customer’s account with the sole intent of generating commissions – regardless of whether or not such transactions were suitable for the customer. If you believe you lost money as a result of a excessive trading or churning of your brokerage account, contact a securities attorney today for a FREE CONSULTATION to learn your legal rights.
Unauthorized trading is defined by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) as the sale or purchase of securities without the customer’s prior knowledge and authorization. In other words, unauthorized trading occurs when a stockbroker buys, sells or exchanges securities in a customer’s account without obtaining the customer’s approval beforehand, either verbally or by written discretionary authority. If you believe you lost money as a result of a unauthorized trading, contact a securities attorney today for a FREE CONSULTATION to learn your legal rights.
Promissory notes are a form of debt that companies use to raise money – similar to loans. They typically involve investors loaning money to a company in exchange for a promise to return the investor’s principal and to make fixed interest payments – thus promising to pay the investor a fixed amount of periodic income. Promissory notes are often used in securities or investment frauds, and are typically high risk investments. If have invested in or lost money in a promissory note, contact a securities attorney today for a FREE CONSULTATION to learn your legal rights.
Private placement investments are illiquid, private investments in non-publicly traded companies that are raising capital. Private placements are often highly speculative, and tend to have significant problems in the due diligence. Moreover, due to the high commissions, unscrupulous stockbrokers tend to push private placements on unsuspecting investors who do not realize the risks of the investment. If you invested in or lost money in a private placement investment, contact a securities attorney today for a FREE CONSULTATION to learn your legal rights.
Read what former clients have to say about Kons Law Firm.
It was a pleasure working with Joshua on my arbitration case. He talks like a real person, not like a lawyer (that’s a good thing!!). I was approached by several attorneys about this case…all the rest were very high pressure and I felt they would not have my best interests at heart. Joshua always spoke to me as an equal partner in our project.
Josh Kons has been an invaluable support throughout a stressful, complex and protracted case, showing great professionalism and treating me, his client, with the greatest respect. Attorney Kons is the consummate professional, a credit to his profession and has been indispensable to me for the past two years. I would not hesitate to use his services again in the future.
I thank you Josh Kons being a trustworthy and talented attorney. His is a credit to the legal profession.
It was a pleasure working with Josh Kons on my arbitration case. He talks like a real person, not like a lawyer (that’s a good thing!!). I was approached by several attorneys about this case…all the rest were very high pressure and I felt they would not have my best interests at heart. Josh always spoke to me as an equal partner in our project.
I would like to thank Attorney Kons for his caring and professional expertise in representing me during a FINRA arbitration. Feeling like there is nothing you can do to against improper financial losses is extremely disconcerting, but Joshua gave me hope and satisfaction! He was there for me and was legitimately concerned for my welfare, which I truly appreciate and would gladly recommend his services!
Josh took on my case, and prevailed, when a number of other attorneys said it was unlikely a satisfactory outcome was possible. The heirs, and I, thank you.
I had a great experience with Josh and his firm. He fought for and won a very reasonable settlement in an investment fraud matter. I had all but given up hope of ever seeing any return, but he convinced me to sign on and I couldn’t have been happier with the outcome.
I can’t thank Josh Kons enough for recovering some of my investment losses through his securities arbitration services.
Josh and his firm represented me in a FINRA arbitration to recover my investment losses in a securities fraud. I am very pleased with the outcome and would recommend him to anyone that finds themselves in a similar unfortunate position.
When a brokerage firm neglects to carefully supervise the activities of its financial advisors, clients may lose money from inappropriate and unsuitable investment advice or negligent account handling. Attorney Joshua Kons is well qualified in resolving client disputes through the FINRA arbitration claims process. It was a pleasure working with Attorney Kons. I would highly recommend him if you need the help of a FINRA arbitration attorney now or in the future.
seeing any return, but he convinced me to sign on and I couldn’t have been happier with the outcome.
seeing any return, but he convinced me to sign on and I couldn’t have been happier with the outcome.
Josh Kons represented my wife and I in recovering money we loss during a Ponzi Scheme investment. His professionalism and hands on style was more than we expected as he negotiated a great settlement. He was always available for a phone call and responded immediately to emails. A true professional in his field. We would definitely recommend his service.
Josh was straightforward and honest with me throughout the entire process. He is also very responsive. He ended up getting me a larger settlement than I had anticipated! Thanks Josh.
Attorney Joshua Kons definitely knows the ins and outs of resolving disputes through the FINRA arbitration claim process. I was always up-to-date with my case, and Attorney Kons was available every step of the way. I was very satisfied with the results.
Josh represented me in a FINRA arbitration to recover my investment losses in a securities fraud. He was very easy to work with. The information he requested was minimal, and the resulting outcome was much more than expected. A very tough financial loss became somewhat easier to manage both financially and emotionally because of Josh!
Over the years I have engaged numerous attorneys through my business in the United States. None have been more responsive and helpful than the Law Offices of Joshua Kons. I am very happy to recommend them.
Having worked with Josh Kons on two FINRA cases, I found him to be a breath of fresh air in an otherwise nerve cracking process. Both times Josh was well prepared, easy to work with, fair priced, and he achieved the goals of each case that he said were obtainable.
Thank you so much for everything. Words cannot express how much this settlement will help me.
Current Case Investigations
Read the latest blog posts on our securities and investment fraud investigations.
November 9, 2021
If you were notified that certain personal information was compromised in the recent Robinhood Markets data breach disclosed on November ... Read More
May 26, 2021
Kons Law is representing California investors to pursue recovery of investment losses suffered with Glendale, California financial advisor Narith Long, ... Read More
February 24, 2021
If you are have suffered losses in the Infinity Q Diversified Alpha Fund (IQDAX), you may be able to pursue ... Read More
February 4, 2021
If you are have suffered losses in GPB Capital Holdings or one of its affiliated funds, you may be able ... Read More
February 3, 2021
If you are have had trades declined by Robinhood Financial, or suffered losses with Robinhood Financial during the time period ... Read More
Millions of Dollars Recovered for Clients Since 2012.
$5.4 Million Settlement
Ponzi Scheme Class Action
Co-lead counsel on a nationwide class action against a professional services firm involving a Ponzi scheme victimizing over 1,000 investors.
$3.5 Million Settlement
Unapproved Investments Away from the Brokerage Firm
FINRA arbitration settlement involving investors in California who lost money in an unapproved investment away from the brokerage firm.
$1.8 Million Settlement
Unapproved, Unregistered Securities Sold Away from the Brokerage Firm
FINRA arbitration settlement involving investors in California who lost money in an unapproved investment sold by the broker away from the firm.
$1.5 Million Settlement
Recovered Ponzi Scheme Losses for Investors
FINRA arbitration settlement involving investors in Maryland, Virginia and Florida who lost money in a Ponzi scheme sold to them by their broker.
$1.45 Million Settlement
Penny Stock Fraud Recovery for Investors
FINRA arbitration settlement for investors in Texas who lost money in penny stocks with an investment adviser convicted of fraud.
$1.2 Million Settlement
Energy Private Placement Investment Loss Recovery
FINRA arbitration settlement involving investors in Minnesota and Wisconsin lost money in speculative oil and gas private placements.
Fraudulent Gold Mining Investment Loss Recovery
FINRA arbitration settlement involving investors in California and Nevada who lost money in a fraudulent gold investment sold to them by their investment adviser.
Financial Advisor Theft/Misappropriation Loss Recovery
FINRA arbitration settlement involving investors in Virginia and Maryland who lost money from an investment adviser that misappropriated their assets.
Ponzi Scheme Recovery for Investors
FINRA arbitration settlement involving investors in Maryland who lost money investing in a Ponzi scheme recommended by their financial advisor.
Unregistered Securities Investment Loss Recovery
FINRA arbitration settlement involving investors in Connecticut and Massachusetts who lost money from unregistered securities sold to them by their broker.
Other Recoveries Including Unsuitable Investments, “Selling Away”, Private Placements/Illiquid Investments, and Securities Fraud
Numerous other FINRA arbitration and state court litigation settlements involving churning, Ponzi schemes, or other unsuitable investment recommendations by brokers.