Altamonte Springs Florida Stockbroker Fraud Attorney
Altamonte Springs Florida has scores of stock brokerage firms and investment advisory offices. With so many stock brokerage firms and investment advisory offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in one or more kinds of stockbroker fraud. They could make misrepresentations about investing in securities (stocks, bonds, options, mutual funds, REITs, Junk Bonds, Hedge Funds, Structured Products, etc.) they are selling. Unsuitable recommendations of the strategies they recommend (margin, short selling, option) is another kind of stockbroker fraud. They can engage in many other kinds of stockbroker fraud and stockbroker misconduct which violates Federal and Florida securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.
For example, Roderic Boling and his now ex-wife Anna Boling, of Altamonte Springs Florida, have allegedly orchestrated a scheme that defrauded thousands of investors. As part of what is a commonly known as a “pump and dump” scheme, Mr. Roderic and his wife allegedly made phony telemarketing calls that gave people the impression that homeowners received confidential information on the stock market. The scheme entailed Mr. Roderic going to a telemarketer and requesting him to send out his pre-recorded message made by Mrs. Roderic that would be sent only once per household and the message would only play if the call reached voicemail. The message, made by Mrs. Roderic, would give the impression that she called a friend when in actuality it was a stranger which she disclosed important stock information, leading people to think they got the inside scoop. Within days the price of the stock would double and Mr. Roderic would sell his stock and move on to a different company that he would “advertise” for. Mr. Roderic allegedly perpetrated the scheme for several companies with the stock symbols MAUG, IVFH, FGWC, PWRM, DNNI, and AMUT using the same method and making hundreds of thousands of dollars. The SEC requested Mr. and Mrs. Roderic be permanently enjoined, pay full disgorgement of ill-gotten gains, as well as the maximum civil penalties. Mr. Boling was sentenced criminally for 25 years in prison with a fine of $5,000,000 and Anna Boling was sentenced to 3 years imprisonment with a $250,000 fine.Experienced Stockbroker Fraud Lawyers Who Handle FINRA Arbitrations Throughout Altamonte Springs Florida and Nationwide
Are you an Altamonte Springs Florida investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Altamonte Springs Florida stockbroker or investment advisor, misrepresent facts about the securities, investments or strategies they were recommending or otherwise mismanage your investment account? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA arbitration lawyer — an attorney who knows FINRA rules and procedures and how to handle these FINRA arbitration cases as well as other complex legal issues.
By hiring a top rated stockbroker fraud attorney like Robert Wayne Pearce with over 40 years of experience on both sides of the table in FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and is one of the best securities attorneys to recover your investment losses for all types of stockbroker fraud and stockbroker misconduct in FINRA arbitration proceedings!
At The Law Offices of Robert Wayne Pearce, P.A., we represent investors with securities misrepresentation claims and many other kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas besides securities misrepresentation and stockbroker fraud claims such as stockbroker breach of fiduciary duty, stockbroker negligence, failure to supervise stockbrokers, and unsuitable recommendations by stockbrokers. Attorney Pearce and his staff represent investors throughout Florida, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing - NO FEES-NO COSTS - unless we put money in your pocket after receiving a settlement or FINRA arbitration award.
The Law Offices of Robert Wayne Pearce, P.A. are highly experienced lawyers who successfully handle securities misrepresentation, stockbroker fraud, stockbroker misconduct and other investment disputes in FINRA arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case. For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA arbitrations serving Altamonte Springs Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.