Stockbroker Misconduct Law Firm

Shepherd Smith Edwards and Kantas Stockbroker Misconduct Law Firm Are Investigating Ausdal Financial Broker David Michael Smith

Vero Beach, FL Financial Advisor Accused of Stockbroker Misconduct

If you suffered investment losses while working with Ausdal Financial broker David Michael Smith, our seasoned investor lawyers want to talk to you. Smith, who is based out of Florida and is also an Intervest International investment adviser, has five disclosures on record. All of them are customer disputes that were filed in the last two years.

One of the investment loss recovery claims has already resulted in a six-figure settlement. The claimant alleged breach of fiduciary duty, negligence, breach of contract, failure to supervise, common law fraud, misrepresentations and omissions, best interest violations, and unsuitable investments.

In the still pending investor lawsuits, the claimants are collectively seeking nearly $1.8M and make many of the same allegations. Smith has worked in the industry for 46 years.

What Should You Do If You Suspect You Were The Victim of Broker Misconduct?

It is important that you not address your concerns directly with your broker-dealer or investment adviser. Financial firms have been known to deny allegations, delay any potential cases, and place the blame on the investor even when there is a valid claim involving financial advisor fraud or negligence.

A good first step is to contact Shepherd Smith Edwards and Kantas (investorlawyers.com) today to explore your legal options. Our savvy securities law firm can help you determine the cause of your losses and what steps (if any) you should take.

If you do have grounds for an investment loss recovery claim, you would likely have to bring your case to FINRA arbitration. We have years of experience representing investors in this legal venue, which is not the same as going to court. We also have represented retail investors, wealthy investors, high-net-worth investors, retirees, and institutional investors during litigation proceedings and mediation.

Often, when pursuing damages over your portfolio caused by your financial advisor, it is the broker-dealer or investment adviser that you will end up suing. Shepherd Smith Edwards and Kantas has represented thousands of investors and brought lawsuits against the largest Wall Street firms. More than 90% of our clients have obtained full or partial financial recovery with our help.

When you work with us, know that you will be retaining the services of knowledgeable and trusted broker fraud lawyers. We know how important it is to fight for the damages you are owed and hold the broker-dealer and their registered representative labile.

We make sure to customize our legal services to your needs, as well as that of your claim. All of the investors we work with receive personalized attention and quality securities representation.

Call (800) 259-9010 or contact us here.