Myrtle Beach Investment and Securities Fraud Cases
Myrtle Beach investors who have suffered financial losses from broker misconduct, unsuitable investments, or fraudulent financial schemes can pursue recovery through the Law Offices of Robert Wayne Pearce, P.A. We represent clients throughout the Grand Strand in securities fraud matters involving FINRA arbitration, SEC investigations, and civil lawsuits against broker-dealers and registered investment advisors.
Our firm represents both individual and institutional investors in disputes before the Financial Industry Regulatory Authority (FINRA), the American Arbitration Association (AAA), and in South Carolina state and federal courts. Common case types include misrepresentation, failure to supervise, overconcentration in risky assets, margin trading abuse, and breach of fiduciary duty.
Myrtle Beach area investors—including retirees, vacation home owners, business professionals, and hospitality industry workers—are often targeted by brokers pushing unsuitable annuities, cryptocurrency funds, non-traded REITs, and high-commission structured notes. These financial products may violate FINRA Rule 2111 (suitability) and Rule 3110 (supervision) if improperly recommended or monitored.
The Law Offices of Robert Wayne Pearce, P.A. applies forensic techniques to review trading patterns, disclosure materials, and supervisory controls. We construct legally sound claims using a blend of expert analysis, regulatory violations, and state statutory rights to recover client losses.
How Our Myrtle Beach Investment Fraud Lawyers Assist Clients
Myrtle Beach investors face sophisticated fraud schemes that target coastal communities and seasonal residents, but the Law Offices of Robert Wayne Pearce P.A. can investigate misconduct, navigate South Carolina regulations, and pursue recovery through FINRA arbitration or court. Below, we explain how our Myrtle Beach investment loss lawyers may help under state and federal law.
Unsuitable Recommendations
South Carolina Uniform Securities Act § 35-1-501 and FINRA Rule 2111 prohibit advice that ignores a client’s risk profile. Our attorneys review account forms and market data to show that a broker violated this suitability duty.
Misrepresentation & Omission
The South Carolina Uniform Securities Act imposes strict civil liability for false statements about investments. We may file a complaint to rescind the purchase or obtain damages for our Myrtle Beach clients.
Churning & Excessive Trading
FINRA’s quantitative-suitability test makes commission-driven trading unlawful. The Law Offices of Robert Wayne Pearce P.A. reconstructs trade blotters to prove abusive velocity and unnecessary transactions.
Margin Abuse & Forced Liquidation
FINRA Rule 4210 sets equity thresholds that brokers must follow when extending margin credit. We use portfolio analytics to calculate losses from untimely margin calls or forced liquidations that harmed our clients.
Breach of Fiduciary Duty & Conflicts
Investment advisors owe fiduciary duties to their clients under both state and federal law. Our lawyers negotiate with firms that ignored fiduciary duties and concealed material conflicts of interest.
Overconcentration
Keeping more than 20% of a portfolio in one issuer contradicts reasonable diversification standards. We compare your holdings to diversified benchmarks to quantify damages from excessive concentration.
Failure to Supervise
FINRA Rule 3110 requires written supervisory procedures at all brokerage firms. If a broker ignores red flags or warning signs, we target the brokerage firm itself, not just the individual broker.
Ponzi, Pyramid & Advance-Fee Schemes
South Carolina securities regulators prosecute schemes that violate state anti-fraud statutes. Our team traces fund flows, requests asset freezes, and collaborates with regulators to protect investors.
Elder Exploitation & Theft
South Carolina Adult Protection Act provides protections for elderly investors against financial exploitation. We work with families to recover misappropriated assets and hold bad actors accountable.
Unregistered Securities Sales
Offering unregistered securities in South Carolina violates state registration requirements. Our lawyers can rescind illegal purchases or sue for statutory damages within applicable time limits.
Other Violations We Handle
- 401(k) rollover abuse targeting retirees
- Mutual fund breakpoint fraud
- Excessive mark-ups/mark-downs in bond trades
- Sale of non-approved structured notes
- Pump-and-dump manipulation schemes
- Cryptocurrency investment fraud
Key South Carolina Agencies & Venues
South Carolina Attorney General’s Securities Division oversees investment advisor regulation and enforcement. FINRA hearing locations for South Carolina cases are typically held in Charlotte, North Carolina. The SEC maintains jurisdiction over federal securities law violations.
Act Quickly: South Carolina fraud claims have specific time limitations; FINRA arbitration bars claims six years after the event. Contact our Myrtle Beach investment fraud attorneys at the Law Offices of Robert Wayne Pearce P.A. for a free case review and potential recovery strategy.
A Tailored Plan for Your Case
We recognize that every situation is unique. Our attorneys investigate the details of your claim and develop a plan designed specifically for your needs.
With our in-depth understanding of securities regulations, we’re committed to securing the strongest possible outcome for you. Our FINRA arbitration lawyers have extensive experience handling complex investment disputes.
Frequently Asked Questions
What types of investment fraud cases do you handle in Myrtle Beach?
We handle all types of securities fraud including broker misconduct, unsuitable investments, churning, misrepresentation, Ponzi schemes, and elder financial abuse. Our firm has experience with cases involving stocks, bonds, mutual funds, annuities, and alternative investments.
How much does it cost to hire your Myrtle Beach investment fraud attorney?
We offer free initial consultations to evaluate your case. Our fee structure is designed to align our interests with yours – we only get paid when we successfully recover money for you. We’ll discuss all fee arrangements transparently during your consultation.
How long do I have to file a claim for investment fraud?
Time limits vary depending on the type of claim and when you discovered the fraud. FINRA arbitration claims generally must be filed within six years of the occurrence, while state law claims may have shorter time periods. It’s crucial to act quickly to preserve your rights.
Do I need to go to court for my investment fraud case?
Most investment fraud cases are resolved through FINRA arbitration rather than traditional court proceedings. Arbitration is typically faster and more cost-effective than litigation, though some cases may require court action depending on the circumstances.
Can you help if my broker is no longer with the same firm?
Yes, we can still pursue your case even if your broker has changed firms. Brokerage firms are typically responsible for their employees’ misconduct, and we can pursue claims against both the individual broker and the firm where the misconduct occurred.
Contact Our Myrtle Beach Investment Fraud and Securities Arbitration Attorneys Today
Don’t let fraud jeopardize your financial goals. Attorney Robert Wayne Pearce is personally here to help you work toward recovering your losses, along with the rest of our law firm.
Call our Myrtle Beach investment and securities fraud lawyers at (800) 732-2889 or fill out the free consultation form to speak with Robert today. There’s no obligation, and we keep all inquiries confidential.
Our securities fraud attorneys also represent investors in nearby communities throughout the Carolinas. We understand the unique investment landscape affecting coastal communities and are dedicated to fighting for your financial rights.