Lake Worth Florida Stockbroker Fraud Attorney
Lake Worth Florida has scores of stock brokerage firms and investment advisory offices. With so many stock brokerage firms and investment advisory offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in one or more kinds of stockbroker fraud. They could make misrepresentations about investing in securities (stocks, bonds, options, mutual funds, REITs, Junk Bonds, Hedge Funds, Structured Products, etc.) they are selling. Unsuitable recommendations of the strategies they recommend (margin, short selling, option) is another kind of stockbroker fraud. They can engage in many other kinds of stockbroker fraud and stockbroker misconduct which violates Federal and Florida securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.
For example, Robert Ladrach of Lake Worth Florida and eight other defendants were charged by the U.S. Securities and Exchange Commission for a fraudulent investment scheme involving their virtual reality video game company. Mr. Ladrach and the defendants were charged with conspiracy to commit mail and wire fraud, substantive mail and wire fraud, and perjury in connection to their scheme that defrauded over 600 investors. According to the indictment, Mr. Ladrach and his co-conspirators worked for a virtual reality video game company (3001 AD LLC) that developed, marketed and sold high tech video game products. The defendants raised between $15-$20 million from investors selling equity interests in their company and those affiliated with it. Investors were falsely represented of the company’s financial status and were misled in countless other ways to draw in investments. Mr. Ladrach and the defendants used investors funds to pay large undisclosed sales commissions and for personal expenses. Sentences were between 30 and 152 months of prison depending on the involvement in the fraud scheme.Experienced Stockbroker Fraud Lawyers Who Handle FINRA Arbitrations Throughout Lake Worth Florida and Nationwide
Are you a Lake Worth Florida investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Lake Worth Florida stockbroker or investment advisor, misrepresent facts about the securities, investments or strategies they were recommending or otherwise mismanage your investment account? If so, you need representation by an experienced, highly-rated and nationally recognized FINRA arbitration lawyer — an attorney who knows FINRA rules and procedures and how to handle these FINRA arbitration cases as well as other complex legal issues.
By hiring a top rated stockbroker fraud attorney like Robert Wayne Pearce with over 40 years of experience on both sides of the table in FINRA arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and is one of the best securities attorneys to recover your investment losses for all types of stockbroker fraud and stockbroker misconduct in FINRA arbitration proceedings!
At The Law Offices of Robert Wayne Pearce, P.A., we represent investors with securities misrepresentation claims and many other kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas besides securities misrepresentation and stockbroker fraud claims such as stockbroker breach of fiduciary duty, stockbroker negligence, failure to supervise stockbrokers, and unsuitable recommendations by stockbrokers. Attorney Pearce and his staff represent investors throughout Lake Worth Florida, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing - NO FEES-NO COSTS - unless we put money in your pocket after receiving a settlement or FINRA arbitration award.
The Law Offices of Robert Wayne Pearce, P.A. are highly experienced lawyers who successfully handle securities misrepresentation, stockbroker fraud, stockbroker misconduct and other investment disputes in FINRA arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case. For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA arbitrations serving Lake Worth Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.