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 Offices 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.