Florida Investor Loss Lawyers
Our Tampa Broker Fraud Law Firm May Be Able To Help You Recoup Damages
With the number of investment-related scams reportedly growing—the Federal Trade Commission said that consumers lost more money to investment fraud than any other category in 2022 (Comparitech estimates that figure to be at about $6.38B)—Florida investors need to exercise great caution when investing. This is true even when working with a financial professional because many investor losses have been known to happen because of broker fraud or negligence.
At Shepherd Smith Edwards and Kantas (investorlawyers.com) we represent clients in pursuing damages from the brokers and investment advisers whose actions, or lack thereof, played a part in their sustaining significant investment losses. Our Tampa, FL investment loss recovery law firm represents retail investors, retirees, senior investors, high-net-worth individual investors, and institutional investors throughout Florida against broker-dealers and investment advisers nationwide.
FAQ: How do I know whether I should sue my financial advisor for my investment losses?
If you lost money because your broker or investment adviser gave you poor advice, stole money from you, mismanaged your funds, made misrepresentations and omissions about the risks, or made bad investments on your behalf, you likely have grounds for a broker fraud lawsuit. However, proving that you are entitled to damages is hard work, as is getting your broker-dealer to pay. This is why you need savvy Florida investor fraud lawyers by your side.
In an ideal world, your brokerage firm or investment adviser would readily admit to wrongdoing or negligence and make you financially whole again. That is not how this usually works. Financial firms are generally not going to want to admit to wrongdoing nor will they want to pay you or any of the other investors who may come forward. Skilled Tampa, FL investor attorneys, however, can not only determine how broker misconduct or negligence was involved, but also, they can fight for your financial recovery in arbitration, mediation, or litigation.
At Shepherd Smith Edwards and Kantas, our Florida investment lawyers represent investors who have sustained losses involving:
- Retirement funds
- Real estate investment trusts
- Non-traded real estate investment trusts
- Alternative investments
- Private placement
- Annuities
- Oil and gas investments
- Mutual funds
- High-yield junk bonds
- Much more.
We also represent investors who have suffered losses in Ponzi scams and other types of investment schemes. Even if your financial advisor did not directly perpetuate the fraud, if their allegedly unsuitable investment recommendations or disregard for your best interests got you involved, you may be able to sue them for damages.
Representing Florida Retirees Against Brokerage Firms and Investment Advisers
According to Kiplinger, some 4.2 million seniors age 65 and over live in The Sunshine State. That number is expected to hit 6 million by 2030. Unfortunately, elder financial abuse can be perpetuated by financial advisors seeking to take advantage of these customers’ health issues or cognitive impairments, which is why you need knowledgeable senior investor fraud lawyers representing you or your loved one. Our Tampa retirement loss law firm has been fighting for older investors and their families for more than 30 years.
FAQ: What Are My Chances of “Winning” My Florida Investment Recovery Loss Claim?
Most broker fraud lawsuits are resolved by settlement. The ones in which a settlement isn’t reached end up in FINRA arbitration. This is yet another reason why you want skilled Tampa investor attorneys fighting for you. While we cannot guarantee the outcome of your case, you should know that more than 90% of our clients that we have represented have received full or partial financial recovery with our help. You should also know that filing your own claim rather than joining any kind of class action litigation will maximize your chances of getting paid the damages you are owed.
With over a combined century’s worth of experience in securities law and securities litigation, Shepherd Smith Edwards and Kantas is one of the most respected investor loss recovery firms in the United States. We are known for providing experienced broker fraud representation along with compassionate and personalized attention to those we represent.
How To Contact Our Trusted Tampa, Florida Investment Fraud Law Firm
To schedule your free, no-obligation initial case assessment, call (813) 560-2992 or (800) 259-9010 or contact us online.
Our Florida Securities Law Office:
407 N Howard Ave #201A
Tampa, FL 33606