Have You Been Harmed By Your Financial Adviser’s Misconduct?
At Strause Law Group, PLLC, our attorneys have the requisite knowledge to secure damages for a financial adviser’s negligence or investment fraud. If you have entrusted your money with a financial adviser, registered investment adviser or a FINRA-associated person, we can provide constructive representation.
Should parties fail to reach an agreement before an arbitration hearing, our lawyers are qualified to present a persuasive argument before arbitrators using the documents provided in discovery, testimony and other compelling information. With our assistance, our clients are well-prepared to present their side of the story and effectively respond to opposing counsel’s questions.
Our track record of recovering millions of dollars against financial advisers and their firms is a lasting testament to our effectiveness for our clients.
Legal Issues Individual Investors May Face
Individual investors can face a range of legal challenges when working with financial advisers. These issues often arise from misconduct, negligence or conflicts of interest that result in financial harm.
Common legal issues include:
- Breach of fiduciary duty
- Unsuitable investment recommendations
- Churning (excessive trading to generate commissions)
- Misrepresentation or omission of information about investments
- Unauthorized trading
- Failure to disclose conflicts of interest
These issues can lead to arbitration, regulatory complaints or civil litigation. Our attorneys help clients understand their rights and pursue compensation when misconduct occurs.
Frequently Asked Questions About Securities Misconduct
Below are answers to common questions about this type of financial misconduct:
How can individual investors be harmed by financial advisers or firms?
Investors may suffer significant financial losses due to unethical or negligent behavior by advisers. Common types of harm include:
- Being steered into high-risk or unsuitable investments
- Excessive trading (churning)
- Hidden fees
- Outright fraud such as Ponzi schemes or misappropriation of funds
These actions can erode retirement savings, disrupt financial plans and undermine trust in financial professionals who are supposed to be looking out for your interests.
What actions qualify as stockbroker misconduct, and what actions qualify as stockbroker fraud?
Stockbroker misconduct includes unethical or improper behavior such as unauthorized trading, unsuitable recommendations, excessive fees and failure to follow client instructions. Fraud, on the other hand, involves intentional deception or misrepresentation for personal gain. While not all misconduct is fraudulent, all types of fraud are considered misconduct and both can result in serious financial harm and legal consequences.
How are securities lawyers paid, and what is the cost of hiring one?
Securities lawyers may be paid hourly, on a contingency basis or through flat fees, depending on the case type. In contingency arrangements, the lawyer only gets paid if the client recovers money. At Strause Law Group, PLLC, we discuss fee structures transparently so clients understand their options.
Schedule A Claim Assessment To Learn About Your Options
Our lawyers promptly respond to client inquiries. Connect with us over the phone at one of our locations listed below or complete our online contact form.
Louisville office: 502-498-8268
Lexington office: 859-428-7029
Charleston office: 843-936-4846