Illinois investment 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 Illinois.

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 Illinois-based investor.

We recognize the distress and anxiety caused by falling prey to investment fraud, and we’re committed to guiding you through the legal journey to seek justice and hold the accountable parties responsible.

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 Illinois 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 is a term sometimes used interchangeably with securities fraud, and it involves using deceptive practices, including false or misleading information, to manipulate investors into making investment decisions that result in substantial losses. Dishonest brokers may even resort to outright theft of investor’s funds or securities. 

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.

Upon engaging a broker-dealer, you probably placed your trust in them to prioritize your interests. However, it’s common that many brokers and financial advisors fail to adhere to their fiduciary obligations, or they may even engage in outright securities fraud. This could involve misleading you about the nature of investments, hiding associated risks, conducting unnecessary high volumes of trading (churning) to earn commissions, or imposing hidden fees to overcharge you.

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

Illinois and Federal Laws That Protect Investors

Illinois investors benefit from a robust framework of protections designed to ensure fair and transparent markets. These safeguards include:

  • Key Laws and Regulations
    • Illinois Securities Act: The cornerstone of Illinois 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.
    • Illinois Business Corporations Act: This outlines shareholder rights and the responsibilities of company leaders, aiming to ensure that corporations act in the shareholders’ best interests.
    • Illinois Uniform Deceptive Trade Practices Act (DTPA): This broad law empowers investors to take action against unfair or deceptive investment practices
  • Governing Agencies
    • Illinois State Securities Department: This agency is the primary watchdog for the Illinois securities industry. They register offerings, license brokers, investigate misconduct, and educate investors about their rights.
    • Office of the Illinois Attorney General (Consumer Protection Division): Focused on consumer protection, this office can intervene in cases of investment fraud or other deceptive practices that harm Illinois 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 Illinois Securities Law Attorneys Can Help You

Certainly, experiencing losses is a natural aspect of investing; however, brokers engaging in fraudulent activities can be legally accountable. If you suspect being a victim of investment fraud, reaching out to an investment fraud attorney, who is seasoned in dealing with such matters, is crucial. Additionally, it might be necessary to inform regulatory organizations such as the SEC or FINRA about possible market manipulation or insider trading.

Acting swiftly enhances your likelihood of obtaining compensation. At the Law Offices of Robert Wayne Pearce, P.A., we’ve assisted numerous investors in recouping their losses stemming from investment fraud. We commit to an exhaustive examination of your case, identifying any deceit or fraudulent conduct, and we’ll vigorously advocate on your behalf 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?

In order to recover your investment losses, you must prove that your broker-dealer or financial advisor violated the securities laws, common law duties, or disregarded securities industry rules and regulations.

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 Illinois, including:

Click Here to see more

 

Did You Know . . . Investment Fraud Attorney Robert Pearce Has Single-Handedly Collected Over $175 Million On Behalf of His Clients

In the last 20 years alone, Robert Pearce has recovered over $175 million for his investor clients. In fact, he has recovered funds for over 99% of his investor clients through various avenues of recovery, including settlements, arbitrations, and court litigation. 

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?

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 Are the Statute of Limitations?

In investment fraud cases, acting promptly is crucial. Both Illinois and federal laws impose statutes of limitations, which are deadlines by which legal claims must be filed. Typically, in Illinois, the deadline for filing securities fraud claims is three years. Nevertheless, claims involving fraudulent concealment or breach of fiduciary duty may extend up to five years from the sale date. Consulting with an attorney at your earliest convenience is vital to ensure that your claim is submitted within the required deadlines..

Types of Investment and Securities Fraud Cases We Can Help Represent You With

In Illinois, investors commonly face various types of investment fraud perpetrated by unscrupulous brokers and advisors. Some of the most prevalent include unsuitable investments, where recommendations do not align with the investor’s needs, and forced liquidation, where brokers sell assets without client consent.

Ponzi schemes are another common fraud, promising high returns but ultimately being fraudulent. Excessive trading, or churning, generates commissions for advisors rather than benefiting the client. Misrepresentation and omission involve providing deceptive or misleading information about investments.

Breach of fiduciary duty and unauthorized trading also pose significant risks to investors. Additionally, failure to supervise, overconcentration, and theft or misappropriation of client funds are frequent issues faced by investors.

Other common frauds include mutual fund sales violations, excessive markups/markdowns, and selling unapproved investments. Cryptocurrency scams also present a growing threat to investors in Illinois.

Contact an Illinois 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. Illinois investment fraud lawyer Robert Wayne Pearce specializes in getting individuals their money back from bad investments using any and all available methods.

If you’re an investor who has recently experienced financial losses due to possible securities or investment fraud, we’re here to offer assistance.

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 Illinois securities lawyer. We will fight aggressively for your financial recovery and for justice.

Our law firm works with clients in Chicago, Joliet, Naperville, Rockford, Elgin. Springfield. Peoria, Waukegan, Champagne, Springfield, and throughout the state of Illinois. 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.