Help is On the Way When You Lose Your Money to a Crooked Broker
Some individuals take advantage of good investment opportunities when they can, for many excellent reasons, college, a new home, retirement, and more.
Since most of the general public are not experts or have the time to put their hard-earned money into specific investments, they may hire a brokerage firm, a financial advisor, or a stock investor to put their money into various entities that hopefully earn a good return for them.
There are excellent stockbrokers, financial advisors, and stockbroker firms that are hard-working and trustworthy individuals. However, there are a select few that are crooked and untrustworthy. Average everyday citizens and those who are pretty wealthy have been swindled out of their money.
- Have you ever trusted one of these so-called professionals to put the extra money you had into some stock, hoping that what little you gave would take off and make a tremendous profit?
- Did you hand over your hard-earned money to who you thought was a trusted investor, only to lose every cent to bad investments?
- Maybe this trusted person took off with your money, never to be seen again?
If you believe that you are a fraud victim by this person you trusted with your money, you are probably right.
You need help recovering your investment losses. The professional who can help you recoup your money is a seasoned and experienced attorney specializing in investment fraud. While there are many different ways to lose a significant amount of money, every method points to investment fraud.
When you consider reaching out to a stockbroker, financial advisor, or broker, you must know that there is always an element of risk because the stock market tends to go up and down daily, and there are no guarantees. You believed that this investment professional knew all the ins and outs of investing and would have your interests at heart.
There are no risks for genuine professional brokers who work hard to protect your best interests. While there are great investors with excellent investment opportunities for you, there are also a select few who are exceedingly untrustworthy and dishonest. There have been instances where seasoned investors have lost a great deal of money due to unscrupulous individuals.
If this happens to you, call it what you may; negligence or misconduct has no room in the investor’s life. We prefer the word investment fraud because it is a fraud, and the person must be held accountable.
You Have Options to Recoup Your Money
An organization known as FINRA, or Financial Industry Regulatory Authority are arbitrators that have the power and ability to oversee these dishonest individuals and make sure that they reimburse you for your losses.
So, you no doubt wonder how much of your lost money you can recoup?
You can file a claim against your broker, brokerage firm, financial planner, or stock investor to begin the process of a civil lawsuit in court. However, if FINRA begins arbitration on your case and cannot recoup your losses, you cannot take your case to court.
Results to recoup your money through FINRA takes no longer than 30 days, which is an attractive option. You can get your money back quickly. A court case can drag out for weeks, months, or years. It is for this reason that you may want FINRA arbitrators to handle your case. However, there are risks involved.
If FINRA rules that the individual did not commit fraud, you cannot appeal your case. If the arbitrators rule in your favor, you could receive your total losses in addition to other losses. Circumstances of your case may mean that you need to go the court route to recoup your losses.
Investment loss cases are complex and complicated, and you may not know where to turn for help. Those who lose a small sum of money or those who lost a life’s savings can rest assured that there are seasoned, experienced, and licensed attorneys who will help you recover your money.
This attorney advises you on your options, guides, and informs you of your rights for recovery of your losses. We work hard to seek for you the highest level of compensation possible. But first, we must review your unique circumstances to find out if we can get your total loss returned.
To do this, we must prove negligence, misconduct, or investment fraud, which takes civil and criminal action. It is the FBI that investigates criminal cases of investment fraud.
Before you hand your money over to one of these so-called professionals, ensure that they do not advertise low or no-risk investment offers, consistent returns, or guaranteed returns.
We work diligently to get your losses recovered through arbitration or a lawsuit. In rare instances and depending on your circumstances, you may never recover your losses. However, our track record shows that we have recovered 95 percent of the investment loss cases we fought. Our attorneys recovered millions of dollars for our investment fraud victims.
If you are an investor, make sure you know some red flags in the investment industry and avoid them at all costs.
- Unexpected and sudden losses
- Activity on your account that you do not understand
- Large gains and losses
- Gradual decline in your accounts
- Accounts always showing growth are now showing losses.
- Excessive and unexplained transactions
We understand your frustrations and your anger when a person you thought was trustworthy turns out to be a scoundrel. Actions of this sort by these people are intentional and negligent acts, and they need to be stopped.
Chances Might Be Excellent to Recoup Your Losses from Crooked Brokers
If you have reason to believe that your broker wronged you, call us as soon as possible. We want to review all the facts of your case and get to work as soon as possible to help you recoup your money when you are a victim of investment fraud.
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