Arkansas investment and securities fraud attorney Robert Wayne Pearce at the Law Offices of Robert Wayne Pearce P.A., has extensive experience representing investors and organizations in securities arbitrations through FINRA in the State of Arkansas.
Have you fallen victim to investment fraud? Are you looking for an experienced attorney to help you fight for the compensation you deserve?
You need an investment fraud lawyer who is dedicated to protecting your rights as an Arkansas-based investor.
We recognize the challenges and emotional toll of falling prey to investment fraud, and we’re committed to guiding you through the legal journey to seek justice and accountability from those at fault.
Since 1980, we have been devoted to helping investors and have successfully recovered over $175 million in settlements and verdicts on their behalf. View client testimonials here. We have experience handling all types of securities fraud cases and utilize all available legal avenues from the federal level to Arkansas law as it applies to investment fraud cases. Don’t let investment fraud ruin your financial future – contact the Law Offices of Robert Wayne Pearce, P.A. today via our quick-response form, or call (800) 732-2889.
Definition of Investment Fraud and Securities Fraud
Investment fraud, often referred to as securities fraud, encompasses deceitful tactics that involve spreading false or misleading information to influence investors’ decisions, leading to significant financial losses. Unscrupulous brokers might go as far as directly stealing funds or securities from investors.
Example Scenario: An investor is persuaded by their broker to put a large portion of their retirement savings into a high-risk, illiquid investment. The broker downplays the risks, misrepresents the potential returns, and pressures the investor to make a quick decision. The investment ultimately fails, leading to significant losses for the investor.
When you initially engaged with your broker-dealer, you probably expected them to prioritize your interests. However, it’s a sad reality that numerous brokers and financial advisors fail to fulfill their fiduciary obligations or may even engage in direct securities fraud. They could deceive you regarding investment opportunities, hide associated risks, partake in excessive trading (also known as churning) to rack up commissions, or impose hidden fees, leading to overcharging.
Investment Losses? We Can Help
Discuss your legal options with an attorney at The Law Offices of Robert Wayne Pearce, P.A.
or, give us a ring at (800) 732-2889.
Arkansas and Federal Laws That Protect Investors
Arkansas investors benefit from a robust framework of protections designed to ensure fair and transparent markets. These safeguards include:
- Key Laws and Regulations
- Arkansas Securities Act: The cornerstone of Arkansas investor protection, this law combats fraud, mandates the registration of most securities, and provides avenues for investors to seek recourse if they’ve been misled.
- The Arkansas Business Corporation Act: This outlines shareholder rights and the responsibilities of company leaders, aiming to ensure that corporations act in the shareholders’ best interests.
- The Arkansas Deceptive Trade Practices Act (DTPA): This broad law empowers investors to take action against unfair or deceptive investment practices.
- Governing Agencies
- Arkansas State Securities Board: This agency is the primary watchdog for the Arkansas securities industry. They register offerings, license brokers, investigate misconduct, and educate investors about their rights.
- Office of the Arkansas Attorney General (Consumer Protection Division): Focused on consumer protection, this office can intervene in cases of investment fraud or other deceptive practices that harm Arkansas investors.
- National Regulatory Bodies
- FINRA (Financial Industry Regulatory Authority): FINRA oversees all broker-dealers in the US, setting ethical standards, enforcing securities laws, and providing investor education resources. They work alongside the SEC (Securities and Exchange Commission) for broad investor protection.
Useful Resources
- Arkansas State Securities Board: https://securities.arkansas.gov/securities-2/
- Office of the Arkansas Attorney General, Consumer Protection Division: https://arkansasag.gov/consumer-protection/
- FINRA: https://www.finra.org/
- The SEC – https://www.sec.gov/
How our Arkansas Securities Law Attorneys Can Help You
Yes, investment losses are a part of investing, but when brokers commit fraud, they can be held legally responsible. If you believe you have been a victim of investment fraud, it is important to contact an investment fraud lawyer with experience handling these types of cases. Regulatory bodies like the SEC or FINRA might also need to be alerted to potential market manipulation or insider trading.
Taking action swiftly increases your likelihood of obtaining compensation. At the Law Offices of Robert Wayne Pearce, P.A., we have successfully assisted numerous investors in reclaiming losses caused by investment fraud. Our team will conduct an in-depth examination of your case to reveal any deceit or fraudulent actions and will diligently work to secure the justice and compensation you rightfully deserve.
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Here’s how our knowledgeable and experienced investment fraud law firm can advocate for you:
- Represent & Advise: We’ll stand as your legal representative, advising you on your rights and options throughout the process.
- Investigate & Analyze: We’ll thoroughly investigate your case, meticulously analyzing financial documents and potential fraudulent schemes to uncover evidence of wrongdoing.
- Identify Liable Parties: We’ll work strategically to identify all potentially liable parties, including brokers, financial advisors, and financial institutions.
- File Complaints & Lawsuits: We’ll file formal complaints with regulatory agencies (such as the SEC or FINRA) and, when necessary, initiate lawsuits to protect your interests.
- Litigate & Negotiate: We are skilled litigators ready to fight aggressively for you in court or arbitration. Additionally, we’ll negotiate tirelessly to secure the most favorable settlement possible.
- Recover Losses: Our ultimate goal is to recover your financial losses and protect you from further harm. We are results-driven and committed to achieving the maximum financial recovery you deserve.
Can I Recover my Investment Losses?
To reclaim your investment losses, it’s essential to demonstrate that your broker-dealer or financial advisor failed to uphold their fiduciary responsibility towards you as an investor. There are many other claims for fraud, misrepresentation, churning, unsuitable recommendations, overconcentration, failure to diversify, etc. which is why you need a top-notch attorney to guide you to recover your losses.
In most cases, this means filing a FINRA arbitration claim against the broker-dealer and/or representative.
The majority of securities fraud cases are handled by FINRA (Financial Industry Regulatory Authority) rather than being brought to the court system.
FINRA arbitration is a streamlined, cost-effective way to resolve disputes between investors and their brokers without going to court – it also allows you to collect punitive damages, which are not available in civil court.
As an investor, you have certain rights that must be respected and protected.
We’re currently investigating several financial firms and stockbrokers who may have been the subject of customer complaints, may be facing legal action, and who may have acted unethically and committed fraud in Arkansas, including:
- https://www.secatty.com/investigations/michael-stalcup-cabana-asset-management/
- https://www.secatty.com/investigations/james-garner-raymond-james-associates/
- https://www.secatty.com/investigations/jami-mcfeeters-edward-jones/
- https://www.secatty.com/investigations/rhett-bedwell-lpl-financial/
- https://www.secatty.com/investigations/susan-naylor-merrill-lynch-pierce-fenner-smith/
- https://www.secatty.com/investigations/david-phillips-moloney-securities-co/
- https://www.secatty.com/investigations/james-ries-oppenheimer-co/
- https://www.secatty.com/investigations/kyle-backus-morgan-stanley/
- https://www.secatty.com/investigations/nathaniel-spangler-fidelity-brokerage-services/
- https://www.secatty.com/investigations/nestor-montoya-cambridge-investment-research/
- https://www.secatty.com/investigations/thomas-maguire-lion-street-financial/
- https://www.secatty.com/investigations/warren-nastivar-vanguard-marketing-corp/
- https://www.secatty.com/investigations/teri-kelley-morgan-stanley/
- https://www.secatty.com/investigations/thomas-lundgaard-kestra-investment-services/
- https://www.secatty.com/investigations/michelle-anthony-centaurus-financial/
- https://www.secatty.com/investigations/timothy-avila-lpl-financial/
- https://www.secatty.com/investigations/ryan-barradas-kestra-investment-services/
- https://www.secatty.com/investigations/david-de-nitto-wells-fargo-clearing-services/
- https://www.secatty.com/investigations/justiin-gillham-merrill-lynch-pierce-fenner-smith/
- https://www.secatty.com/investigations/james-helfinstine-lpl-financial/
- https://www.secatty.com/investigations/arthur-hoffman-ameriprise-financial-services/
- https://www.secatty.com/investigations/wesley-jones-merrill-lynch-pierce-fenner-smith/
- https://www.secatty.com/investigations/juan-ley-wells-fargo-clearing-services/
- https://www.secatty.com/investigations/francisco-valenzuela-formerly-with-morgan-stanley/
- https://www.secatty.com/investigations/kerri-jamison-newbridge-securities-corporation/
Did You Know . . . Investment Fraud Attorney Robert Pearce Has Single-Handedly Collected Over $175 Million On Behalf of His Clients
Over the past two decades, Robert Pearce has successfully reclaimed more than $175 million for his investor clients. Impressively, he has secured recovery for over 99% of his investor clientele through different means, encompassing settlements, arbitrations, and litigation in court.
No investment fraud firm can ever guarantee the same or similar results in any given case. However, when you hire the Law Offices of Robert Wayne Pearce, P.A., you can sleep well knowing you are in qualified and capable hands. Attorney Robert Pearce has represented hundreds of investors over his 40 year career and in the last 20 years alone recovered over $175 million for his investor clients.
Robert Pearce will fight for your rights day in and day out to get you the recovery you are entitled to.
What Can an Investment Fraud Lawyer Do for Investors?
What Can an Investment Fraud Lawyer Do for Investors?
An investment fraud lawyer helps investors recover investment losses that they lost due to a financial advisor or broker who did not act in their best interest. Typically, the lawyer will help the investor recover their losses through a process called FINRA arbitration.
Investment Losses? Let’s talk.
or, give us a ring at 800-732-2889.
Client Testimonials
What Are the Statute of Limitations?
Time is of the essence when it comes to investment fraud cases. Both Arkansas and federal laws have statutes of limitations that set deadlines for filing legal claims. In Arkansas, the statute of limitations for fraud is generally three years. The Arkansas Securities Act and Securities Exchange Act of 1934 statute of limitations for securities fraud cases is two years from the date the fraud should have been discovered but no more than five years. It’s important to consult with an attorney as soon as possible to ensure your claim is filed within the appropriate time frame.
Types of Investment and Securities Fraud Cases We Can Help Represent You With
In Arkansas, investors frequently encounter various types of investment fraud perpetrated by unscrupulous brokers and advisors. Common tactics include unsuitable investments, where recommendations do not align with an investor’s needs.
Forced liquidation occurs when brokers sell assets without client consent or proper margin call advice. Ponzi schemes promise high returns but are inherently fraudulent.
Excessive trading, also known as churning, is when brokers generate commissions through unnecessary transactions at the client’s expense. Misrepresentation and omission involve providing deceptive information about investments.
Other prevalent frauds include unauthorized trading, where trades are executed without client permission, and breaches of fiduciary duty, where advisors prioritize their interests over the client’s best interests.
Theft or misappropriation of client funds is another significant concern, as brokers may steal money for personal use. Excessive markups and markdowns, where securities are bought or sold at inflated prices, also pose a risk to investors.
Given these risks, investors in Arkansas should remain vigilant and informed to protect themselves against these and other fraudulent activities.
Contact an Arkansas Securities and Investment Fraud Attorney Today
The Law Offices of Robert Wayne Pearce, P.A., is a law firm specializing in representing defrauded investors recover. Alabama investment fraud lawyer Robert Wayne Pearce specializes in getting individuals their money back from bad investments using any and all available methods.
If you are an investor who has recently dealt with investment loss due to potential securities or investment fraud, we want to help.
If you have questions about how to move forward, contact our team online or by phone at 561-338-0037 for a free confidential consultation with an Arkansas securities lawyer. We will fight aggressively for your financial recovery and for justice.
Our law firm works with clients throughout the state:
- Little Rock
- Fort Smith
- Fayetteville
- Springdale
- Jonesboro
- Rogers
- Conway
- North Little Rock
- Bentonville
- Pine Bluff
- Benton
- Hot Springs
- Sherwood
- Texarkana
- Jacksonville
- Russellville
- Bella Vista
- Paragould
- Cabot
- West Memphis
Robert Wayne Pearce has decades of first-hand experience in FINRA securities arbitration, and is one of the preeminent experts in this matter both nationwide and internationally.