I Am An Investor. The Broker I Suspect Defrauded Me Is Under Investigation by the SEC. Should I Still Sue? Find Out The Answer To That Question From Our Knowledgeable SEC Securities Fraud Lawyers
Shepherd Smith Edwards and Kantas SEC Securities Fraud Lawyers (investorlawyers.com) represent investors who sustained losses because of financial advisor fraud or misconduct. True, there are instances in which the broker under scrutiny might also be also under investigation by the US Securities and Exchange Commission (SEC) over the same or similar allegations of wrongdoing. As an investor, you might think this is all that is needed to hold the stockbroker liable for the financial harm that you suffered. However, that is not necessarily true.
One reason is there is no guarantee even with an SEC investigation that the broker will be found to have done anything wrong; or, even that happens, that you will end up getting all of your money back. Not only that, but the Commission has been known to reach settlements in enforcement actions with financial advisors that did not include any restitution. Also, with regulatory cases resulting in restitution, the victims who were harmed may not necessarily recoup all of their losses.
Instead, to maximize your chances for a full recovery, you will likely have to file a FINRA arbitration, which would be separate from any enforcement action. This is not the kind of legal claim that you want to pursue without seasoned securities lawyers by your side.
If you do have grounds for a lawsuit, the outcome will usually depend on the strength of your case, the quality of your legal representation, the arbitrators selected, the gravity of your losses, and other key factors.
What Can You Do To Maximize Your Chances of Getting Your Broker Fraud Losses Back?
Regardless of whether or not the SEC is investigating your financial advisor and/or their firm, if you suspect that your losses may be due to broker misconduct or negligence, you should contact our experienced securities fraud attorneys to request your free, no obligation case assessment.
We can help you determine whether you have grounds for filing your own claim, which could maximize your chances for a full recovery of your investment losses. You may be able to recover net-out of pocket loss, portfolio losses or trading losses, disgorgement of any ill-gotten gains by your financial advisor, attorney’s fees, and other related costs, and/or punitive damages.
Should we decide to work together, we know how to protect your legal rights and best interests, and we have the resources to fight for you.
Why Hire Our Skilled SEC Securities Fraud Lawyers
Shepherd Smith Edwards and Kantas SEC Securities Fraud Lawyers has been fighting for investors for over 30 years. Most of our clients have received full or partial financial recovery. We have more than a century’s worth of combined experience in securities law and the securities industry. Many of us are former financial advisors who chose to leave that business because we saw a lot of bad behaviors that caused serious harm to investors.
We are highly experienced when it comes to identifying when an investor has been the victim of unsuitable investment recommendations, concentration, misrepresentations and omissions, selling away, unauthorized trading, breach of fiduciary duty, due diligence failures, and more. Our SEC lawyers are known for building a solid claim on each client’s behalf and making a strong case for them in arbitration, mediation, or litigation.
How To Contact Our SEC Securities Fraud Lawyers
Call (800) 259-9010 or fill out this form.