FREE INITIAL CONSULTATION WITH ATTORNEYS WHO CAN HANDLE YOUR SECURITIES, COMMODITIES AND INVESTMENT PROBLEMS

The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities, commodities and investment law matters and constantly strives to secure the most favorable possible result. Mr. Pearce provides a complete review of your case and fully explains your legal options. The firm works to ensure that you have all of the information necessary to make a sound decision before any action is taken in your case.

For dedicated representation by a law firm with substantial experience in all kinds of securities, commodities and investment disputes, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. We may also be able to arrange a meeting with you at offices located in Boca Raton, Fort Lauderdale, Miami and West Palm Beach, Florida and elsewhere.

Feb 19, 2016

The Law Offices of Robert Wayne Pearce, P.A. Wins $1.45 Million Plus Interest Award Against UBS and UBS Puerto Rico

In an arbitration proceeding against UBS Financial Services, Inc. (UBS) and UBS Financial Services, Inc. of Puerto Rico (UBS-PR), the Law Offices of Robert Wayne Pearce, P. A. won a $1.45 million plus interest award for one of the firm’s clients last week. A summary of Claimant’s allegations against UBS and UBS-PR are set forth below. If you or any family member received similar unsuitable recommendations from UBS-PR and its stockbrokers or found yourself with an account overconcentrated in Puerto Rico municipal bonds and/or closed-end bond funds, or if you borrowed monies from UBS and used your investments as collateral for those loans, we may be able to help you recover your losses. Contact our office for a free consultation about your case.

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Jul 24, 2014

Merrill Lynch Puerto Rico Stockbroker Wipes Novice Investor Out With Bond Transactions on Margin

The Law Offices of Robert Wayne Pearce, P.A. filed a claim against Merrill Lynch Pierce Fenner & Smith Incorporated (Merrill Lynch) for an investor residing in Puerto Rico (the “Claimant”) arising out of Merrill Lynch’s Puerto Rico office. A summary of Claimant’s allegations against Merrill Lynch are set forth below. If you or any family member received similar misrepresentations and/or misleading statements from Merrill Lynch and its Puerto Rico stockbrokers or found yourself with an account overconcentrated in Puerto Rico municipal bonds and/or closed-end bond funds, or if you borrowed monies from Merrill Lynch and used your investments as collateral for those loans, we may be able to help you recover your losses. Contact our office for a free consultation about your case.

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Jul 21, 2014

Santander Securities Broker Switches Investors Into Unsuitable Closed End Funds

The Law Offices of Robert Wayne Pearce, P.A. filed yet another claim against Santander Securities, LLC (Santander). A summary of the allegations the Claimant made against the Puerto Rico based brokerage is below. If you or any family member received similar misrepresentations and/or misleading statements from Santander and its stockbrokers or found yourself with an account overconcentrated in closed-end bond funds, or if you borrowed monies from Santander and used your investments as collateral for those loans, we may be able to help you recover your losses. Contact our office for a free consultation about your case.

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Apr 8, 2014

Another UBS Puerto Rico Investor Sues Brokerage For Unsuitable Investments

The Law Offices of Robert Wayne Pearce, P.A. filed another claim against UBS Financial Services Incorporated of Puerto Rico (UBS Puerto Rico). A summary of the allegations the Claimant made against the Puerto Rico based brokerage is below. If you or any family member received similar misrepresentations and/or misleading statements from UBS Puerto Rico and its stockbrokers or found yourself with an account overconcentrated in closed-end bond funds, or if you borrowed monies from UBS Puerto Rico and used your investments as collateral for those loans, we may be able to help you recover your losses. Contact our office for a free consultation about your case.

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Apr 4, 2014

Retired Couple Lose Life Savings Due To Santander Securities Stock Recommendations

The Law Offices of Robert Wayne Pearce, P.A. filed its first claim against Santander Securities. Below is a summary of the allegations made by the Claimants against the Puerto Rico based brokerage. If you or any family member received similar misrepresentations and misleading statements from Santander Securities and its stockbrokers or found yourself with an account overconcentrated in Puerto Rico bank preferred stocks, or if you borrowed monies from Santander Securities and used your investments as collateral for those loans, we may be able to help you recover your losses.

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Mar 6, 2014

The Law Offices of Robert Wayne Pearce, P.A. Wins $600,000 Plus Interest Award Against UBS Puerto Rico

In an arbitration proceeding against UBS Financial Services, Inc. of Puerto Rico (UBS-PR), the Law Offices of Robert Wayne Pearce, P. A. won a $600,000 plus interest award for one of the firm’s clients. A summary of Claimant’s allegations against UBS-PR are set forth below. If you or any family member received similar unsuitable recommendations from UBS-PR and its stockbrokers or found yourself with an account overconcentrated in Puerto Rico municipal bonds and/or closed-end bond funds, or if you borrowed monies from UBS and used your investments as collateral for those loans, we may be able to help you recover your losses. Contact our office for a free consultation about your case.

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Feb 26, 2014

Eighty Year Old Investor Sues UBS Puerto Rico

Attorney Robert Wayne Pearce filed another claim against UBS Financial Services Incorporated of Puerto Rico (UBS Puerto Rico) and this time the claim was by an eighty (80) year old Puerto Rico resident who alleged he was tricked into making an over-concentrated investment in a variety of UBS Puerto Rico closed-end bond funds and told to hold them until they collapsed. A summary of the allegations the Claimant made against the Puerto Rico based brokerage firm is below. If you or any family member have heard similar misrepresentations and/or misleading statements from UBS Puerto Rico and its stockbrokers or found yourself with an investment account over-concentrated in closed-end bond funds, or if you borrowed monies from UBS Puerto Rico and used your investments as collateral for those loans, we may be able to help you recover your losses.

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Feb 21, 2014

The Pearce Law Firm Files First Claim Against UBS Puerto Rico

The Law Offices of Robert Wayne Pearce, P.A. filed its first claim against UBS Financial Services Incorporated of Puerto Rico (UBS Puerto Rico). A summary of the allegations the Claimant made against the Puerto Rico based brokerage is below. If you or any family member heard similar misrepresentations and misleading statements from UBS Puerto Rico and its stockbrokers or found yourself with an account overconcentrated in closed-end bond funds, or if you borrowed monies from UBS Puerto Rico and used your investments as collateral for those loans, we may be able to help you recover your losses.

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Dec 9, 2013

2013 Most Effective Lawyers Finalist

Daily Business Review Monday, December 9, 2013 ARBITRATION AWARD AGAINST WELLS FARGO RECOVERS MOST OF FAMILY’S LOSSES Mediation and arbitration are supposed to be faster and more cost-effective than going to court. However, it was neither in a case involving the theft of millions of dollars from College Health and Investment L.P., a family-run limited partnership. The case took more than three years to resolve as attorneys for Wachovia Securities, now part of Wells Fargo, used numerous delaying tactics before ultimately paying a $2.75 million arbitration award, said Boca Raton securities attorney Robert W. Pearce, who represented College Health. The case grew out of Wells Fargo’s failure to detect the alleged theft and unauthorized transactions of millions of dollars by Esther Spero, whose aunt, Shari Jakobowitz, was in charge of the partnership’s accounts. Spero was accused of misusing the family’s financial information to steal about $7 million, which she in turn lost to one-time Miami Beach developer Michael Stern, who was supposed to be investing in real estate. Instead, Stern allegedly used the money to pay off his own debts after the real estate crash while funding a lavish lifestyle. Pearce traced most of the money and made recoveries in state court against Stern, a title company, Spero and Wachovia. “They came up a bit short, but we came close to getting most of their money back,” Pearce said. Then, in July, a Financial Industry Regulatory Authority arbitration panel ordered Wells Fargo to pay $2.75 million in damages and interest for failing to detect Spero’s alleged embezzlement. Pearce alleged bank employees went so far as to create a false power of attorney to give Spero control over the account that held most of the assets. Had the bank enforced its own policies and procedures, as well as FINRA’s rules, it would have detected the embezzlement, Pearce argued. “The bank had numerous red flags. It should have made inquiries to stop the movement of funds,” Pearce said.

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Sep 1, 2013

Municipal Arbitrage Structured Products

The Law Offices of Robert Wayne Pearce, P.A. has handled over 100 cases and investigations involving another form of complex structured products. They are structured credit products crafted from municipal bonds, tender option bonds, swap contracts, swaptions, and sold as “arbitrage”, “hedged” and “fixed income” investments to lure in investors with conservative risk profiles seeking to incrementally increase the yields and risk in their bond portfolio. However, according to Attorney Pearce many of the products were not arbitrage, not fully hedged and not fixed income products. Representing clients throughout Florida and nationwide. Se habla español The so-called municipal bond “arbitrage” strategy was a very complex investment strategy involving multiple investments in the tax exempt and taxable fixed income markets. The fund managers invested in long tax exempt municipal bonds and, in effect, shorted the equivalent of taxable corporate bonds utilizing libor swap contracts and swaptions. The key to the success of the strategy was “market timing” and the “continued correlation” of the tax exempt municipal bond yields and the libor swap contract yields. It was originally used by many banks as a short term trading strategy. But many firms converted it to a flawed long term buy and hold strategy to maximize their own sales commissions and management fees. The largest issuer of the securities Citigroup, under the Smith Barney division and Citibank divisions, marketed these products as MAT and ASTA. Our firm has handled over 100 MAT and ASTA investor cases in the last three years. Other faulty municipal arbitrage structured products include the Anchor Capital, Aravali, Belvedere Tax Advantaged, Blue River, TW Advantaged and 1861 Capital funds. We have helped our clients recover millions of dollars of investment losses in the so-called “municipal arbitrage” funds. For more information about our municipal arbitrage cases and investigations involving Smith Barney, Citibank, Deutsche Bank, Merrill Lynch Pierce Fenner & Smith and other issuers of the so-called municipal arbitrate products, click on the links below: Our MAT/ASTA Cases & Investigation FREE INITIAL CONSULTATION WITH MUNICIPAL ARBITRAGE INVESTMENT DISPUTE ATTORNEYS The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities, commodities and investment law matters and constantly strives to secure the most favorable possible result. Attorney Pearce provides a complete review of your Municipal Arbitrage case and fully explains your legal options. The firm works to ensure that you have all of the information necessary to make a sound decision before any action is taken in your case. For dedicated representation by a law firm with substantial experience in all kinds of securities, commodities and investment disputes, contact the firm by telephone at 561-338-0037 or toll free at 800-732-2889 or via e-mail. We may also be able to arrange a meeting with you at offices located in Boca Raton, Fort Lauderdale, Miami and West Palm Beach, Florida and elsewhere.

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