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 $170 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.

All forms of investment fraud aim to deceive investors into taking actions that benefit the perpetrator financially. This may include schemes like misrepresenting material facts or omitting to disclose important facts so as to make the statements made to be misleading, churning, unauthorized trading, stock manipulation schemes,  or the sale of unregistered securities. Securities fraud is an illegal or unethical activity punishable by law.

“Did you know that in the first quarter of 2023, The FTC has reported nearly 50,000 individual cases of investor fraud with an estimated $1.9 Billion in total losses?”

Brokers, broker-dealers, and investment advisers frequently market novel and sophisticated investment options to secure substantial commissions and earnings, without fully considering if their clients can withstand the associated losses. These intricate investment solutions and approaches, appropriate only for a select group of investors open to embracing substantial risks, are occasionally employed to conceal the extent of trading and risk present in accounts.

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.

Get A Free Consultation

or, give us a ring at (800) 732-2889.

Robert Pearce

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

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:

Click Here to see more

Some of our Lawyer’s Success Stories Include: 

FINRA ARBITRATION SETTLEMENT $7,840,000

This FINRA arbitration case revolved around an intricate options trading strategy within the oil and gas industry, concerning a Brazilian holding company and one of the most prominent broker-dealers in the Midwest United States. The dispute was settled through mediation just before the trial was set to begin in 2010.

FINRA ARBITRATION SETTLEMENT $2,300,000

In this FINRA Arbitration, an investor alleged that her broker-dealer excessively focused her portfolio on Puerto Rico municipal bonds and closed-end bond funds, and also advised her to maintain those positions despite knowing the market conditions were hazardous. The case reached a settlement in 2017 for a sum significantly higher than what the broker-dealer estimated her losses to be.

FINRA ARBITRATION AWARD $1,817,296

Case No. 09-02697

Gerald J. Kazma, et al. v. Citigroup Global Markets, Inc., et al.

The Kazma Family initiated an arbitration claim against Citigroup Global Markets, Inc. over losses tied to the handling and representation of complex municipal arbitrage structured products, known as MAT/ASTA, particularly during the financial upheaval of the 2008 municipal bond market. Mr. Pearce provided legal representation to numerous investors affected by the collapse of the MAT/ASTA structured product situation and recovered tens of millions of dollars more in settlements after this successful arbitration.

Did You Know . . . Investment Fraud Attorney Robert Pearce Has Single-Handedly Collected Over $170 Million On Behalf of His Clients

Over the past two decades, Robert Pearce has successfully reclaimed more than $170 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 $170 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?

investment fraud lawyers

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


Good
Based on 40 reviews
Barbara Lowe
Barbara Lowe
2021-08-22
I greatly appreciate the introduction to Bob Pearce. Exceptional in all respects, his experience and expertise along with Bob’s genuine goal to succeed on my behalf was extraordinary. If there was a scale from one to ten… he would no doubt rate a TEN from me. Extremely satisfied and highly recommend! Sincerest regards. BL
Franklyn Clarke
Franklyn Clarke
2021-06-11
If you are looking for an attorney who is not intimidated by the big name firms, I highly recommend Robert W Pearce. From start to finish, he and his team took control of the case and only got me involved when absolutely necessary. The frivolous complaints were removed from my file.
Kathi Carlson
Kathi Carlson
2021-04-28
Robert Pearce has vast knowledge and experience in this specialized field of law. I highly recommend this true professional!
Mi Di
Mi Di
2021-04-14
Mr. Pearce efficiently and professionally solved my registration issues with the Florida Office of Financial Regulation.

What is the Cost to Hire a Securities Attorney?

A first meeting with a securities lawyer usually comes at no cost. In this session, the attorney will assess your situation and provide an estimated cost for their services. Should you choose to proceed, you’ll likely be asked to enter into a contingency fee arrangement. This type of agreement stipulates that you only pay the attorney if they successfully recover funds for you. If they do not achieve a successful outcome, you owe nothing in legal fees.

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

There are a variety of investment fraud tactics that unscrupulous brokers and advisors may use.

Our firm has represented investors who have fallen victim to a wide range of investment fraud tactics, including:

  • Unsuitable Investments: Recommendations not aligned with the investor’s needs.

  • Forced liquidation (forced selling): Broker sold without warning client or advising on margin calls.

  • Ponzi Scheme Fraud: Fraudulent investment operation promising high returns.

  • Excessive Trading (Churning): Excessive transactions to generate advisor commissions.

  • Misrepresentation & Omission: Deceptive or misleading information about investments.

  • Breach of Fiduciary Duty: Prioritizing advisor interests over the client’s best interests.

  • Unauthorized Trading: Executing trades without client permission.

  • Failure to Supervise: Brokerage firms not adequately monitoring advisors.

  • Overconcentration or lack of diversification: Holding too much of a single investment, increasing risk.

  • Theft or Misappropriation of client funds: Brokers stealing money for their own personal use.

  • Mutual Fund Sales Violations: Recommending unsuitable mutual funds or excessive switching.

  • Excessive Markups/Markdowns: Inflated prices when buying/selling securities.

  • Selling Away: The advisor sells unapproved investments outside the firm.

  • Broker & Advisor Negligence: Failure to adhere to industry standards.

  • Margin Abuse: Encouraging excessive margin use, leading to high risks.

  • Conflicts of Interest: Prioritizing advisor/firm profits over client interests.

  • Private Placements: Selling risky, non-registered securities.

  • Cryptocurrency Fraud: Deceitful schemes related to digital currencies.

  • 401(k) Plan Misconduct: Fiduciary breaches affecting retirement plans.

  • Microcap Fraud: Manipulation of stocks of small companies.

  • Mining and Mineral Investment Fraud: Schemes involving fictitious investments in mining or minerals.

  • EB-5 Immigrant Investor Program Fraud: Scams related to obtaining visas through investment.

  • Advance Fee Schemes: Asking for upfront fees in exchange for non-existent investments.

  • Including many more that we can’t fit on this list.

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 in Pine Bluff, Jonesboro, Fort Smith, Springdale, Rogers, Conway, Little Rock, Bentonville, Fayetteville, Sherwood, and throughout the state of Arkansas. 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.