If you’ve lost money through broker misconduct or suspect your financial advisor violated your trust, you’re not alone—and recovery is possible. The Law Offices of Robert Wayne Pearce P.A. has helped investors like you fight back against investment fraud for over 45 years, and we’re ready to help you reclaim what’s rightfully yours.

We understand the devastating impact of discovering your broker put their interests ahead of yours. Whether you’ve suffered losses from unsuitable investments, unauthorized trading, or outright misrepresentation, our team has recovered over $175 million for clients facing similar situations. As experienced Delaware investment fraud lawyers, we handle complex securities cases through FINRA arbitration, giving you a powerful avenue to hold negligent brokers and brokerage firms accountable.

Investment fraud takes many forms—from stockbroker fraud and churning to breach of fiduciary duty and selling unsuitable products. Many victims blame themselves, but the truth is that financial professionals have a legal obligation to act in your best interest. When they violate that trust through broker negligence or misconduct, securities attorneys like us can help you seek justice through FINRA claims and other legal remedies.

Our firm focuses exclusively on representing investors harmed by brokerage firm misconduct. We know the tactics these firms use to deny responsibility, and we know how to counter them. You don’t have to navigate this complex process alone or wonder if pursuing your investment losses is worth it.

Take the first step toward recovering your losses by calling our Wilmington office at (800) 732-2889 for a free consultation. We work on contingency—you pay nothing unless we win your case.

Our law firm works with clients throughout the state:

Client Testimonials


Investment Losses? We Can Help

Discuss your legal options with an attorney at The Law Offices of Robert Wayne Pearce, P.A.

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

Robert Pearce

How a Delaware Investment Fraud Attorney Can Help You

If you suffered financial losses due to investment fraud or misconduct, the experienced Delaware investment and stockbroker fraud attorneys at the Law Offices of Robert Wayne Pearce, P.A., can help you pursue compensation. Our team can guide you through various types of securities violations and protect your rights.

Broker Negligence and Misrepresentation

Brokers must act in their client’s best interest, providing accurate investment recommendations. Delaware investors are protected from broker negligence and misrepresentation under the Delaware Securities Act (6 Del.C. Ch. 73). Our investment fraud lawyers can thoroughly investigate broker misconduct, gather evidence, and potentially help recover your losses.

Securities Fraud and Market Manipulation

Securities fraud includes deceptive practices such as misleading statements, omission of critical facts, or market manipulation. Under federal laws such as the Securities Exchange Act of 1934 and Delaware-specific regulations, investors can seek justice for these violations. Attorneys at the Law Offices of Robert Wayne Pearce, P.A., are adept at uncovering schemes and may assist in recovering your financial losses through aggressive legal representation.

Unsuitable Investment Recommendations

Brokers must recommend investments suitable to your financial objectives and risk tolerance, a requirement enforced by FINRA Rule 2111. If you suffered losses from unsuitable recommendations, our experienced securities attorneys can analyze your case to hold brokers accountable.

Unauthorized Trading

Unauthorized trading occurs when a broker makes trades without your approval. Such actions violate Delaware law and FINRA Rule 3260. Our attorneys at the Law Offices of Robert Wayne Pearce, P.A., can meticulously document unauthorized transactions and work diligently to seek restitution on your behalf.

Churning (Excessive Trading)

Churning involves excessive trading by a broker to generate commissions, violating securities laws including FINRA Rule 2111 and SEC regulations. Our investment fraud attorneys can analyze trading patterns, commission reports, and client records to substantiate claims and pursue recovery of unjust losses.

Ponzi Schemes

Ponzi schemes promise investors high returns but use new investors’ funds to pay earlier investors, violating both federal laws and the Delaware Securities Act. Attorneys at the Law Offices of Robert Wayne Pearce, P.A., have extensive experience uncovering these schemes, collaborating with regulatory agencies, and pursuing compensation for victims.

Breach of Fiduciary Duty

A fiduciary breach occurs when financial advisors prioritize their interests over their clients’, violating fiduciary standards under state and federal law, including the Investment Advisers Act of 1940. Our attorneys can examine fiduciary violations thoroughly and work towards obtaining fair compensation for losses incurred.

Insider Trading

Insider trading, the illegal use of non-public information, is prohibited by federal law and regulated by the SEC. Our attorneys at the Law Offices of Robert Wayne Pearce, P.A., can work to uncover evidence of insider trading and pursue legal action to secure recovery for impacted investors.

Failure to Supervise

Brokers and brokerage firms must supervise financial activities effectively, as required by FINRA Rule 3110. If losses occur due to inadequate oversight, our securities fraud attorneys can investigate the failures and pursue claims against responsible entities.

Statute of Limitations in Delaware

In Delaware, claims for securities fraud typically must be filed within two years of discovering the violation or within five years from when the violation occurred, whichever is earlier. Prompt action is crucial; contact our attorneys quickly to protect your rights.

If you experienced losses due to securities fraud or misconduct, call the Law Offices of Robert Wayne Pearce, P.A., at 800-732-2889 to discuss your legal options.

Additional Investment Fraud Practice Areas:

Real Estate Investment Trust (REIT) Fraud

High-Yield Investment Fraud

Variable Annuities Fraud

Elder Financial Exploitation

Cryptocurrency Fraud

What Can an Investment Loss Lawyer Do for Delaware Investors?

investment fraud lawyers

An investment loss lawyer helps Delaware 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.

Proven Results for Delaware Investors

When choosing legal representation, results matter. For over 45 years, we’ve successfully reclaimed millions for investors both in Delaware and nationwide, taking on major financial institutions in complex, high-stakes battles. From churning schemes to unsuitable investments, we’ve consistently delivered justice for clients facing financial misconduct. Here are a few examples that showcase our track record:

1) FINRA Arbitration Award $3,266,200

Case No. 90-01044

Jack Friedlander, et al. v. Margaretten Securities

In this arbitration, Margaretten Securities misrepresented complex structured products consisting of stripped coupon mortgage-backed securities and pass-through certificates. Delaware investors facing similar misconduct with complex financial products can take confidence from this result, where the arbitrators not only awarded compensatory damages but also punitive damages and attorney fees, recognizing the severity of the broker’s misconduct.

2) FINRA Arbitration Settlement $725,000

This case involved a group of investors whose financial advisor was “cherry picking” profitable transactions for himself at the end of each trading day. Like many Delaware residents who’ve encountered self-dealing advisors, these investors needed aggressive representation to expose the fraud. The settlement achieved in 2009 included a rare contribution from the small firm’s clearing broker, demonstrating our ability to pursue all responsible parties.

3) FINRA Arbitration Award $545,500

Case No. 90-02875

Larry Witte, as Guardian of Teresa Bill v. Raymond James & Associates, Inc.

When a Raymond James stockbroker made unsuitable recommendations to an elderly incompetent widow, pushing her into options and illiquid limited partnerships, we secured justice. This case demonstrates our commitment to protecting vulnerable investors, including those in Delaware. The award included rescission of the limited partnership investments, treble damages for civil theft violations, and attorney fees—showing how aggressive advocacy can maximize recovery.

Contact Our Delaware Investment and Securities Fraud Firm Today

The Law Offices of Robert Wayne Pearce, P.A., is a law firm specializing in representing defrauded investors recover. Delaware investment loss/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 on our Wilmington office line at (800) 732-2889 for a free confidential consultation with a Delaware securities lawyer. We will fight aggressively for your financial recovery and for justice.

Frequently Asked Questions

How do I know if I’ve been a victim of investment fraud in Delaware?

If your broker made unauthorized trades, misled you about investment risks, or placed you in investments that didn’t match your financial goals, you may have a claim. Delaware investors are protected under the Delaware Securities Act and FINRA rules.

How long do I have to file an investment fraud claim in Delaware?

You generally have two years from when the fraud was discovered—or five years from when it occurred—to take legal action. It’s important to act quickly to preserve your rights.

What does it cost to hire your firm?

We work on a contingency fee basis. That means you pay nothing unless we recover compensation for your losses, and consultations are always free.

What damages can I recover in an investment fraud case?

You may be able to recover lost investments, interest, attorney’s fees, and in some cases, punitive damages. The outcome depends on the nature of the misconduct and strength of your claim.

How long does the FINRA arbitration process take?

Most FINRA arbitration cases resolve within 12–18 months. Some may settle earlier, depending on the facts and whether the broker-dealer accepts responsibility.

[Written by attorney Robert Wayne Pearce (Attorney Bio)]