If your securities-backed credit line or margin account was hit with margin calls and liquidated, recovery focuses on what your advisor recommended and disclosed before the account opened—not the liquidation itself. Misrepresentations, unsuitable leverage for conservative investors, and concentration can support claims. Investors often must pursue FINRA arbitration or mediation to seek reimbursement and fees.
FINRA arbitration can help investors recover losses, but results depend on preparation and strategy. Our attorneys conduct a detailed case review, draft a fact-rich Statement of Claim, and manage arbitrator selection, discovery, mediation, and hearing presentation. We focus on evidence, deadlines, and damages analysis so clients know what to expect from start to award today.
FINRA regulates broker-dealers and conducts routine and cause-based examinations to check compliance with industry rules. Examinations may stem from complaints, disclosures, or risk signals and focus on capital adequacy, supervision, and sales practices. Brokers should understand their obligations and seek legal counsel, as FINRA’s jurisdiction and procedures can lead to serious disciplinary consequences.
J.P. Morgan Securities faces a FINRA arbitration claim alleging former vice-chairman Edward Turley used a highly leveraged, one-size-fits-all strategy in clients’ retail margin accounts. Claimants seek about $55.6 million plus interest and punitive damages, alleging misrepresentations, unsuitable trading, and unauthorized discretion. The post notes prior awards/settlements and reports Turley was barred by FINRA in 2022.
Financial advisor malpractice happens when an advisor fails to meet duties to protect investors, including fiduciary obligations, suitability, and Regulation Best Interest. Misconduct may be obvious—forged signatures, fabricated documents, lies—or subtle, surfacing only after losses. Our securities attorneys help clients evaluate diversification failures, unsuitable recommendations, churning, and negligence, and pursue recovery through litigation or arbitration.
Investors can sue a brokerage firm to recover losses caused by a broker’s negligence, fraud, or supervisory failures. Because firms are vicariously liable for employees and must enforce compliance policies, liability often rests with the broker-dealer. Some claims target the individual broker for misstatements or illegal conduct. An experienced securities lawyer can evaluate options today.
Our firm filed a FINRA claim alleging UBS Puerto Rico advisors promoted closed-end bond funds as “safe” and “government protected,” while concentrating a conservative investor’s IRA and brokerage accounts in Puerto Rico securities and encouraging collateralized borrowing. When prices fell, the investor faced major losses. We help families evaluate options and pursue recovery through arbitration.
The SEC moved to halt an alleged EquiAlt Ponzi scheme tied to four real estate investment funds, freezing assets and appointing a receiver. Investors’ recovery often turns on how the investment was sold—misrepresentations, failed due diligence, unsuitable recommendations, or selling away. Our firm evaluates claims and pursues FINRA arbitration or coordinated litigation for harmed investors.
FINRA Rule 2010 requires members to observe high standards of commercial honor and just and equitable principles of trade. Because it is broad, it often serves as a catch-all to address unethical, business-related misconduct that may not fit other rules. If broker misconduct caused your investment losses, our firm can evaluate options to recover compensation.
Reverse convertibles are high-yield, short-term structured notes linked to stock or basket performance. Many investors were told they were safe, but these complex instruments carried risks beyond traditional bonds, including the potential to deliver stocks instead of cash at maturity. Misunderstanding these risks has led to significant investor losses and legal disputes.
secatty.com
Investors in misrepresented or unsuitable oil and gas stocks, bonds, limited partnerships, commodities, or structured products may have suffered significant losses. If your financial advisor failed to explain risks, suitability, or over-concentrated your portfolio, you might have the right to pursue legal action. At our firm, we represent clients in FINRA arbitration to recover losses from broker misconduct.
Municipal arbitrage structured products were complex investments built from municipal bonds, swaps, and other instruments sold as “arbitrage” to conservative investors, but many weren’t truly hedged or risk-controlled and led to significant client losses. At our firm, we represent investors harmed by misrepresentation and mismanagement of these so-called arbitrage products, helping recover losses for affected clients.
Many early retirement scams lure workers to cash out 401(k) plans with promises of high returns and minimal risk. Unscrupulous financial advisors use glossy materials and unrealistic projections to sell these schemes. Instead of financial security, victims often suffer tax consequences, depleted savings, and lost retirement income. Careful planning and realistic expectations are essential to protect your nest egg.
The page explains that non-traded real estate investment trusts (REITs) were widely promoted but often involved misrepresentations about returns, liquidity, and risks. At our firm, we’ve seen investors misled by sales solicitations lacking transparency, resulting in unsuitable, complex investment losses. Understanding these risks is essential before investing in any illiquid REIT offering.
