Current Investigations

SEC Securities Fraud Lawyers

Published on: December 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

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.

NY Alternative Investment Fraud Attorneys

Published on: December 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

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.

Stockbroker Misconduct Lawyers

Published on: December 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

What Do You Need To Prove You Were The Victim of Broker Fraud? Hiring Skilled Stockbroker Misconduct Lawyers Is One Way To Increase Your Chances For Financial Recovery

Shepherd Smith Edwards and Kantas Stockbroker Misconduct Lawyers (investorlawyers.com) represent investors against broker-dealers and investment advisors who owe them damages because of financial advisor fraud or negligence.

If you suspect that you were the victim of broker fraud, this is not the type of legal claim you want to pursue without a knowledgeable investment loss recovery firm representing you. What you can do first is to contact us today to request your free, initial no obligation case consultation.

Broker Negligence Lawyer

Published on: December 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Can You Hold Your Broker-Dealer Liable For Losses Caused By A Predecessor Brokerage Firm? Working With A Skilled Broker Negligence Lawyer Could Maximize Your Chances for Financial Recovery

If you are an investor who suffered losses because of financial advisor negligence, Shepherd Smith Edwards and Kantas Broker Negligence Lawyer (investorlawyers.com) can help you explore your legal options and determine whether you can and should sue for damages. With broker-dealers being acquired or merging with other firms, a question we have been asked is, can an investor sue the “new” broker-dealer for losses sustained under the old one? It all depends on what caused your investor losses, whether the statute of limitations have passed, and other key factors.

Recently, Osaic Services was fined $250K after its predecessor firm SagePoint Financial was found to have failed to establish a supervisory system that would have prevented excessive trading and unsuitable options trading.

Chicago Alternative Investment Loss Law Firm

Published on: December 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

SSEK Chicago Alternative Investment Loss Law Firm are Representing Illinois Investors Against US Broker-Dealers and Investment Advisers

From our Chicago Alternative Investment Loss Law Firm, Shepherd Smith Edwards and Kantas (investorlawyers.com) represent alternative investment investors who have sustained losses because of financial advisor misconduct or negligence. We are highly experienced when it comes to fighting for investors and protecting their legal rights. More than 90% of our clients have received full or partial financial recovery because of our skilled efforts and dedication.

Investment loss recovery claims can be complicated legal cases. You want to make sure that you have seasoned Chicago, IL alternative investment loss lawyers on your side advocating for you and doing everything possible to help you recoup the damages you are owed.

Reg BI Lawyers

Published on: December 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Did You Sustain Investor Losses While Working With Ex-American Trust Investment Services Broker Linda Wimsatt? Our Reg BI Lawyers Want To Talk To You

For over 30 years, Shepherd Smith Edwards and Kantas Reg BI Lawyers has been fighting for investors who have suffered portfolio losses due to broker misconduct or negligence. At the moment, we are looking into claims of investment losses involving former customers of suspended financial advisor Linda Jill Wimsatt.

Most recently registered with brokerage firm American Trust Investment Services and investment adviser Chicago Capital Management, she was suspended by the Financial Industry Regulatory Authority (FINRA) last month following findings that Wimsatt allegedly violated clients’ best interests when she purportedly unsuitably recommended speculative, unrated corporate bonds to retail customers and retirees. The California financial advisor consented to the sanctions, including an almost $21K fine, without denying or admitting to the findings.

Texas FINRA Lawyers

Published on: December 16, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Austin, TX Investor Files Six-Figure FINRA Arbitration Claim Against Crescent Securities Group Over Portfolio Losses. Our Texas FINRA Lawyers Are Representing This Claimant In Pursuing Damages

Throughout The Lone Star State, Shepherd Smith Edwards and Kantas Texas FINRA Lawyers (investorlawyers.com) represents Texas investors against broker-dealers and investment advisers all over the United States. One of our clients, an older Austin investor in her sixties, is suing Crescent Securities Group for up to $500K, plus interest, and costs. Her investment loss recovery claim will be heard by a panel of arbitrators in Houston.

This claimant contends that ex-Crescent Securities broker Marvin Allan Bergstrom allegedly unsuitably recommended certain stocks and bonds. This investor, who had made it clear from the start that she could not afford to take risks or lose money, ended up suffering a six-figure loss.

SSEK Wins Six-Figure Award For Retiree

Published on: December 12, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Shepherd Smith Edwards & Kantas Wins Six-Figure Award For Retiree Against Citizens Securities Over CB Life Annuity Losses

Our Annuity Fraud Lawyers Represented This Investor in FINRA Arbitration

Shepherd Smith Edwards & Kantas (investorlawyers.com) is pleased to announce that a FINRA arbitration panel has awarded $152,382.41 in compensatory damage to our client against brokerage firm Citizens Securities. That is the full amount we requested on behalf of this elderly retiree at the hearing. Not only that, but the broker-dealer also has to pay $48,762.37 in attorney’s fees.

Securities Lawyers

Published on: December 10, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Are You A Northstar Financial Services (Bermuda) Investor? Our Securities Lawyers May Be Able To Help

Owner Greg Lindberg Pleads Guilty To Criminal Charges In $2B Fraud Case

Shepherd Smith Edwards and Kantas Securities Lawyers (investorlawyers.com) continues to investigate claims of losses by investors whose financial advisors marketed and sold them Northstar Financial Services (Bermuda) annuities. Many of our clients are foreign nationals from Asia, Central America, and Europe whose brokers and investment advisers continued to get paid hefty commissions and fees for keeping investors in these troubled investments long after red flags appeared indicating something was amiss.

Structured Product Attorneys

Published on: December 10, 2024 | by Shepherd Smith Edwards & Kantas, LLP

Structured Product Losses May Lead To Financial Advisor Fraud Lawsuits. Our Structured Product Attorneys Represent Investors In Pursuing Damages

Shepherd Smith Edwards and Kantas (investorlawyers.com) represents investors against the broker-dealers and investment advisers that unsuitably recommended and sold them structured products. These pre-packaged investments tend to be high-risk and illiquid. They may not be an appropriate recommendation for many investors, especially unsophisticated retail investors with low-to-no risk tolerance levels.

If you are wondering whether financial advisor misconduct, negligence, or bad advice played a part in your structured product losses, contact us today to request your free, initial case consultation.