Our Louisiana Securities Law Firm Is Here To Protect and Fight For Investors Against Rogue and Negligent Brokers
From our Metairie, LA law offices in East Jefferson Parish, Shepherd Smith Edwards and Kantas New Orleans Alternative Investment Fraud Attorneys (investorlawyers.com) is proud to represent Louisiana investors who have sustained alternative investment losses caused, even if just in part, by financial advisor fraud or negligence.
For over 30 years, our New Orleans alternative investment loss law firm has represented retail investors, retirees, accredited investors, high-net-worth investors, and institutional investors in arbitration, mediation, and litigation. We care about helping to make our clients financially whole again.
With more than a century’s worth of combined experience working in the securities industry and securities law, our team of savvy securities attorneys, legal assistants, consultants, and others have the skills, resources, and knowledge to give you the best fighting chance possible for a full financial recovery.
What Are Alternative Investments And Why Can They Be So Risky For Investors?
Any investment that is a financial asset that doesn’t fall under the conventional investment umbrella (bonds, stock, or cash) is an alternative investment. Many are unsuitable for most retail investors, conservative investors, retirees, and inexperienced investors. While they can be useful for diversifying an investor’s portfolio and, hopefully, generate higher returns, alternative investments tend to be riskier than conventional investments.
This is why it is so important that your stockbroker or investment adviser conduct the proper due diligence to ensure not just the viability of a financial asset but also whether or not it is an appropriate recommendation given your portfolio, investing experience, age, risk tolerance level, and financial goals.
At Shepherd Smith Edwards and Kantas, many of our clients are alternative investment investors who sustained losses because the financial asset proved fraudulent and/or their broker made an unsuitable recommendation, misrepresented the risks, omitted material facts about the product, overconcentrated the customer’s account, or engaged in some other type of financial advisor misconduct or negligence.
Examples of Alternative Investments Over Which We Have Represented Clients In Their Broker-Dealer Negligence Claims:
- Annuities
- Derivative contracts
- Exchange-traded funds (ETFs)
- Promissory notes
- Real estate investment trusts (REITs)
- Non-traded real estate investment trusts (non-traded REITs)
- Real estate investment funds
- Leveraged exchange-traded funds (LETFs)
- Oil and gas investments
- L Bonds
- Structured products
- Structured notes
- Delaware statutory trusts (DSTs)
- Private equity investments
- Hedge funds
- Private placements
- Much more.
With alternative investments, there are inherent risks, including non-transparency, illiquidity, complex structures, and potential conflicts of interest that aren’t always disclosed. Market volatility might also be a concern depending on the investment. Investors are generally required to put forward a high investing minimum if they want to get involved in an alternative investment.
Broker-dealers are supposed to properly supervise their registered representatives and ensure that any activities in customers’ accounts are appropriate, in compliance, and in their best interests. If their failure to supervise or identify red flags indicating something is amiss leads to broker misconduct or negligence that causes alternative investment fraud losses, you may be able to sue for damages.
I’m A Louisiana Investor Who Sustained Alternative Investment Losses. What Should I Do?
If you contact our Metairie, LA alternative investment fraud lawyers, we would be happy to offer you a free, initial case assessment to explore your legal options. It is important to know that not all investor losses are caused by broker fraud.
However, if we find that you do have grounds for suing your financial advisor, and we decide to work together, trust that you will receive seasoned representation and personalized attention. We have worked with thousands of investors in arbitration, mediation, and litigation. Collectively, more than 90% of our clients have recouped many millions of dollars in full or partial financial recovery.
We understand the complex nature of alternative investments and know how to recognize when your financial advisor’s poor advice, fraudulent conduct, inexperience, or careless actions contributed to you sustaining portfolio losses. We offer personalized attention focused on your needs and the specifics of your case. When you retain our New Orleans alternative investment fraud law firm, you are hiring all of us to fight for you.
Contact Our New Orleans Alternative Investment Fraud Attorneys
In Jefferson Parish, East Baton Rouge Parish, Plaquemines Parish, St Tammany Parish, and all Louisiana parishes, call (504) 324-0252 or (800) 259-9010 to request your free, initial case consultation.
Our Louisiana Securities Law Office
Lakeway Two
3850 N Causeway Blvd #200-B
Metairie, LA 70002