The New Mexico investment fraud attorneys at the Law Offices of Robert Wayne Pearce P.A. help investors recover losses from stockbroker misconduct and securities fraud of many different flavors and scenarios.
We represent victims throughout New Mexico who have been harmed by financial advisors who put profits before their clients’ best interests.
Investment fraud occurs when brokers prioritize commissions over client interests through practices like churning accounts, selling risky products without disclosure, or ignoring your investment objectives.
Our securities attorneys help victims of stockbroker fraud reclaim their financial security through FINRA claims. Many investors don’t realize they can recover money lost through broker negligence and securities fraud (FINRA arbitration provides a faster, less expensive path to justice than traditional court litigation for investment fraud victims).
We handle cases involving breach of fiduciary duty, unsuitable recommendations, excessive trading, and other forms of securities fraud throughout New Mexico.
How a New Mexico Investment Fraud Attorney Can Help You
If you’ve suffered financial losses due to investment fraud in New Mexico, the attorneys at the Law Offices of Robert Wayne Pearce, P.A., can help you pursue justice and potentially recover your losses.
Ponzi Schemes
Ponzi schemes involve paying returns to existing investors using new investors’ funds rather than actual profits. This is illegal under the New Mexico Uniform Securities Act (NMSA 1978, Chapter 58). Our investment fraud lawyers at the Law Offices of Robert Wayne Pearce, P.A., have extensive experience investigating Ponzi schemes and can help victims navigate these complex cases.
Pump and Dump Schemes
Pump and dump fraud occurs when fraudsters inflate stock prices through misleading information before selling at a profit. Violations typically fall under federal securities regulations enforced by the SEC. Our attorneys can identify responsible parties, assess losses, and pursue compensation aggressively.
Broker Embezzlement and Unauthorized Trading
Broker embezzlement, including unauthorized trading or fund misappropriation, violates regulations overseen by FINRA and the New Mexico Securities Division. Our skilled attorneys have successfully recovered funds for investors harmed by broker misconduct, meticulously examining trading records and financial statements to build strong cases.
Breach of Fiduciary Duty and Failure to Diversify
Brokers have a fiduciary duty to act in their clients’ best interests, including proper diversification of investments. Breaches of fiduciary duty violate the New Mexico Uniform Securities Act. Attorneys at the Law Offices of Robert Wayne Pearce, P.A., bring decades of experience to fiduciary duty claims, advocating effectively to recover client losses.
Misrepresentation in Private Placements and Unregistered Securities
Misrepresentation in private placements involves failing to disclose risks or providing false information about investments, violating both state laws (NMSA 1978, Chapter 58) and federal regulations. Our lawyers can investigate and litigate claims involving misrepresentation, leveraging their deep understanding of complex financial products to pursue maximum recovery.
Suitability Violations and Excessive Trading (Churning)
Financial advisors must recommend suitable investments based on investors’ risk tolerance and financial goals, as stipulated by FINRA Rule 2111. Excessive trading (churning) also breaches this rule. Our investment fraud attorneys can evaluate account activity and file claims to help victims recover damages caused by unsuitable advice or excessive trading practices.
Forex, Microcap, and High-Yield Investment Program (HYIP) Scams
These scams typically involve fraudulent currency trading, manipulation of low-priced stocks, or deceptive high-return investment promises. Our experienced securities fraud attorneys are adept at exposing these schemes and advocating fiercely for investor compensation.
Affinity Fraud and Pyramid Schemes
Affinity fraud exploits trusted relationships within groups, while pyramid schemes focus primarily on recruitment over legitimate investing. Such practices violate both federal laws and the New Mexico Unfair Trade Practices Act (NMSA 1978, Chapter 57). Our legal team can help victims of these scams hold perpetrators accountable.
Inadequate Supervision by Brokerage Firms
Brokerage firms must supervise their brokers effectively, as mandated by FINRA Rule 3110. Failure to do so can lead to investor harm. Attorneys at our firm have successfully pursued compensation from brokerage firms negligent in supervising their employees, protecting investor rights and interests.
Additional Investment Fraud Violations Handled by Our Firm Include:
- Prime Bank Fraud
- Advance Fee Fraud
- Market Manipulation
- Insider Trading
Protecting Investors Under New Mexico and Federal Laws
Investors in New Mexico are safeguarded by key laws, including the New Mexico Uniform Securities Act, the Business Corporation Act, and the Unfair Trade Practices Act. Regulatory oversight is provided by the New Mexico Securities Division and the Attorney General’s Consumer Protection Division, along with federal agencies like the SEC and FINRA.
Our firm has recovered substantial settlements, including a $21 million federal court judgment and an $8 million FINRA arbitration settlement. We are committed to advocating fiercely for investor rights and compensation.
Contact our New Mexico Securities, Stockbroker, and Investment Fraud Attorneys Today
The Law Offices of Robert Wayne Pearce, P.A., is a law firm specializing in representing defrauded investors recover. 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 (800) 732-2889 for a free confidential consultation with an Albuquerque securities lawyer. We will fight aggressively for your financial recovery and for justice.
Client Testimonials of Our Firm
Our law firm works with clients throughout the state of New Mexico:
- Albuquerque
- Las Cruces
- Rio Rancho
- Santa Fe
- Roswell
- Farmington
- Clovis
- Hobbs
- Alamogordo
- Carlsbad
- Gallup
- Los Lunas
- Deming
- Sunland Park
- Las Vegas
- Portales
- Artesia
- Silver City
- Española
- Raton
Frequently Asked Questions
How do I know if I have an investment fraud claim in New Mexico?
If your broker gave misleading advice, made trades without your permission, or ignored your investment goals, you may have a claim under the New Mexico Uniform Securities Act. Our attorneys can review your case and help determine if broker misconduct caused your losses.
What is FINRA arbitration and why is it used in New Mexico investment fraud cases?
FINRA arbitration is a legal process used to resolve disputes between investors and brokerage firms without going to court. It’s often faster and less expensive than litigation and is the primary method for recovering investment losses in New Mexico.
What does it cost to hire your firm for an investment fraud case?
You pay nothing upfront. We only get paid if we recover money for you, and your initial consultation is completely free.
How long do I have to file a claim for securities fraud in New Mexico?
Under New Mexico law, you typically have 2 years from discovering the fraud, and no more than 5 years from the date of the violation, to file a claim. It’s important to act quickly—missing the deadline may bar your recovery.
What types of damages can I recover if I win my case?
You may recover out-of-pocket losses, interest, legal fees, and in severe cases, punitive damages. Recovery depends on factors like the type of fraud, the amount lost, and the strength of your evidence.
[Written by attorney Robert Wayne Pearce (Attorney Bio)]