Louisiana Elder Financial Abuse Law Firm

The SSEK Louisiana Elder Financial Abuse Law Firm is Representing Older Bayou State Investors and Their Families That Have Been The Victims of Bad Brokers

From our Metairie, LA securities law offices in the New Orleans Metropolitan area, Shepherd Smith Edwards and Kantas Louisiana Elder Financial Abuse Law Firm (investorlawyers.com) represent investors who have suffered losses due to elder financial abuse by a broker or investment adviser. Unfortunately, financial advisor exploitation does happen, and older investors are especially vulnerable to this crime.

If you suspect that you or someone you love was the victim of this type of broker misconduct, contact our New Orleans elder financial abuse law firm today to request your free, no-obligation case assessment. We have been fighting for older seniors and other vulnerable adults, including those suffering from dementia, Alzheimer’s disease, or other health issues, for over 30 years.

How Do You Know If You Have Been The Victim of Elder Financial Abuse By A Stockbroker?

This can be difficult to discern unless you know what to look for, which is why it is important that you speak with skilled Metairie, LA elder financial exploitation attorneys who recognize the signs. While the Financial Industry Regulatory Authority (FINRA) has rules in place to prevent this crime, there are financial advisors that still manage to get around or ignore such regulations—including the rules set up by their own broker-dealers—to defraud elderly investors.

Some Examples of senior financial abuse by a broker or an investment adviser:

• Broker theft of misappropriation in an elderly investor’s brokerage account.
• Obtaining power of attorney over their finances.
• Overconcentrating the senior retiree in too risky, illiquid investments that are unsuitable given their age, health, or financial goals.
• Making withdrawals or borrowing money from the client’s brokerage account, or even another kind of account, without permission or approval.
• Ignoring any health issues that could prevent this investor from being able to make sound, cognizant decisions about their finances.
• Operating Ponzi scams, affinity schemes, or other types of investment fraud.

There are also other kinds of broker misconduct that can occur, which may lead to older investors suffering unnecessary investment losses, including: unsuitable investment recommendations, churning to earn high commissions, selling away, due diligence failures, misrepresentations and omissions, negligence, failure to supervise, and more.

Representing Older Investors and Their Families Throughout The New Orleans Metropolitan Area And The Rest of Louisiana

Pursuing damages caused by elder financial abuse is not easy, which is another reason why you want skilled securities attorneys representing you. Most brokerage firms would rather deny any wrongdoing than admit to liability, and they often have a huge legal team protecting their interests.

When you work with Shepherd Smith Edwards and Kantas, you won’t have just one Metairie, LA senior investment fraud attorney representing you, our entire firm will work on your case and fight for your financial recovery. We are well-versed in what elder financial abuse by a broker or investment adviser involves. We understand the heartbreaking impact that becoming the victim of this type of exploitation can have. We know how to maximize your chances for receiving a settlement or an award from the broker-dealer that should have protected you from their registered representative’s unscrupulous or careless behavior.

What Should You Do If You Suspect Louisiana Elder Financial Abuse Involving a Broker or Investment Adviser?

Contact FINRA’s Securities Helpline for Seniors at (844) 574-3577 and report your concerns. Talk to us and we can help you explore your legal options. If we determine that broker fraud was involved, whether or not your financial advisor purposely tried to scam you, you may be able to sue.

To do this, you will have to file your case in FINRA arbitration. Specific strategies and a thorough knowledge of this legal forum are necessary to give you and your family the best chance of recouping damages. With over a century’s worth of combined experience in securities law and the securities industry, Shepherd Smith Edwards, and Kantas have the skills and resources you need to go up against even the largest broker-dealers in Louisiana and the rest of the United States.

How To Contact Our Louisiana Elder Financial Abuse Law Firm

Call (504) 324-0252 or (800) 259-9010 or fill out our online contact form.

Our Louisiana Securities Law Office:

Lakeway Two
3850 N Causeway Blvd #200-B
Metairie, LA 70002

To protect older investors in taking preemptive measures, we have partnered with estate planning and elder law firm McCulloch & Miller, PLLC.