New York Alternative Investment Fraud Attorneys
Contact Our Buffalo, NY Securities Law Office So We Can Help You Explore Your Legal Options
Shepherd Smith Edwards and Kantas NY Alternative Investment Fraud Attorneys (investorlawyers.com) represent investors throughout the state of New York who have sustained alternative investment losses that were likely unsuitably recommended to them by their financial advisor. If you contact our Buffalo, New York alternative investment fraud attorneys, we can help you assess whether the actions of your broker or investment adviser played a role.
What Is An Alternative Investment and Why Can They Be Risky For New York Investors?
Falling out of the purview of more traditional investments (i.e. stock, cash, bonds), alternative investments use non-traditional trading and/or investing strategies to fulfill their financial objectives. Generally complex, high-risk, illiquid, non-transparent, and subject to limited regulation, they typically require a high minimum investment, involving some type of complex fee structure, from participants.
In recent years, alternative investments have become very popular. There are broker-dealers that have even created proprietary alternative investments to sell to customers. Even those that don’t may encourage their registered representatives to promote alternative investments as a way to add diversification to an investor’s portfolio, perhaps even hedge against volatility. Hefty sales commissions and other fees are paid to the firms and their financial advisors.
Aside from the risks we have already mentioned, there also may be undisclosed conflicts of interests, inadequate performance benchmarks, potentially misleading or incomplete information in marketing materials, and complexity to the point that even a financial advisor may not fully understand what they are recommending to an investor.
Such risks can lead to serious losses, not just for retail investors, conservative investors, and inexperienced investors, but also for accredited and wealthy investors. This is where our Buffalo, NY alternative investment loss recovery loss attorneys may be able to help.
Some Examples of Alternative Investments:
- Regulation D offerings
- Private placements
- Real estate investment trusts (REITs)
- Real estate
- Non-traded real estate investment trusts (non-traded REITs)
- Oil and gas investments
- Energy investments
- Private debt and equity
- Commodities
- Exchange-traded funds (ETFs)
- Delaware statutory trusts (DSTs)
- Structured Products
- Structured Notes (Callable, autocallable)
- Annuities
- More.
What Should You Do If You Sustained Alternative Investment Losses?
Not all investment losses involve some kind of fraud or negligence. For example, if you are the victim of a Ponzi scheme, your financial advisor may not have done anything to purposely steal your money. That said, it is still important that you explore your legal options because you may be able to hold them liable for making an unsuitable investment recommendation, failing to conduct the necessary due diligence, breaches of fiduciary duty, best interest violations, misrepresentations, overconcentration, omissions, negligence, gross negligence, portfolio mismanagement, supervisory failures, or more.
Our NY Alternative Investment Fraud Attorneys have been fighting for investors like you for more than 30 years. We know how to recognize and identify when financial advisor fraud or negligence played a part. We can maximize your chances for a full financial recovery from your broker-dealer or investment adviser if we decide to work together.
Many of us are former brokers that quit that industry because we witnessed a lot of unsavory practices that were hurting, rather than helping, investors. We became securities lawyers instead so we could protect and fight for retail investors, retirees, seniors, high-net-worth investors, accredited investors, and institutional investors.
We know how devastating it can be to sustain significant investment losses, which is why we are committed to providing each of our clients with quality securities representation and personalized attention. We have successfully represented investors against Wall Street firms, independent broker-dealers, regional firms, registered investment advisers, and their associated persons.
Contact Our Buffalo, NY Loss Recovery Attorneys
In New York County, Queens County, Suffolk County, Nassau County, Bronx County, and throughout The Empire State Call (716) 261-3529 or (800) 259-9010.
Our Buffalo NY Alternative Investment Fraud Attorneys:
Sheridan Meadows Corporate Park South
6225 Sheridan Dr #308-B
Buffalo, NY 14221