Maine investment fraud attorney Robert Wayne Pearce at the Law Offices of Robert Wayne Pearce P.A., has extensive experience representing investors and organizations in securities arbitrations through FINRA in the State of Maine.
Have you fallen victim to investment fraud? Are you looking for an experienced attorney to help you fight for the compensation you deserve?
You need an investment fraud lawyer who is dedicated to protecting your rights as a Maine-based investor.
We recognize the stress and frustration experienced by victims of investment fraud, and we’re committed to guiding you through the legal proceedings to ensure those accountable are held responsible.
Since 1980, we have been devoted to helping investors and have successfully recovered over $175 million in settlements and verdicts on their behalf. View client testimonials here. We have experience handling all types of securities fraud cases and utilize all available legal avenues from the federal level to Maine law as it applies to investment fraud cases. Don’t let investment fraud ruin your financial future – contact the Law Offices of Robert Wayne Pearce, P.A. today via our quick-response form, or call (800) 732-2889.
Definition of Investment Fraud and Securities Fraud
Investment fraud is a term sometimes used interchangeably with securities fraud, and it involves using deceptive practices, including false or misleading information, to manipulate investors into making investment decisions that result in substantial losses. Dishonest brokers may even resort to outright theft of investor’s funds or securities.
Example Scenario: A broker convinces an investor to allocate a substantial part of their retirement funds into a high-risk, non-liquid investment, minimizing the associated risks and exaggerating the potential gains while urging the investor to decide swiftly. This investment eventually collapses, resulting in considerable financial losses for the investor.
When you first hired your broker-dealer, it’s likely that you trusted them to put your best interests first. Unfortunately, many brokers and financial advisors don’t live up to their fiduciary duty or have committed outright securities fraud. They might mislead you about investments, conceal risks, engage in excessive trading (churning) to generate commissions, or overcharge you with hidden fees.
Investment Losses? We Can Help
Discuss your legal options with an attorney at The Law Offices of Robert Wayne Pearce, P.A.
or, give us a ring at (800) 732-2889.
Maine and Federal Laws That Protect Investors
Maine investors benefit from a robust framework of protections designed to ensure fair and transparent markets. These safeguards include:
- Key Laws and Regulations
- Maine Uniform Securities Act: The cornerstone of Maine investor protection, this law combats fraud, mandates the registration of most securities, and provides avenues for investors to seek recourse if they’ve been misled.
- Maine Business Corporation Act: This outlines shareholder rights and the responsibilities of company leaders, aiming to ensure that corporations act in the shareholders’ best interests.
- Maine Unfair Trade Practices Act: This broad law empowers investors to take action against unfair or deceptive investment practices.
- Governing Agencies
- Maine Office of Securities: This agency is the primary watchdog for the Maine securities industry. They register offerings, license brokers, investigate misconduct, and educate investors about their rights.
- Office of the Maine Attorney General (Consumer Protection Division): Focused on consumer protection, this office can intervene in cases of investment fraud or other deceptive practices that harm Maine investors.
- National Regulatory Bodies
- FINRA (Financial Industry Regulatory Authority): FINRA oversees all broker-dealers in the US, setting ethical standards, enforcing securities laws, and providing investor education resources. They work alongside the SEC (Securities and Exchange Commission) for broad investor protection.
Useful Resources
- Maine Office of Securities: https://www.maine.gov/pfr/securities/licensing/index.htm
- Office of the Maine Attorney General, Consumer Protection Division: https://www.maine.gov/ag/consumer/index.shtml
- FINRA: https://www.finra.org/
- SEC – https://www.sec.gov/
How our Maine Securities Law Attorneys Can Help You
While experiencing losses is a natural aspect of investing, brokers engaging in fraudulent activities are subject to legal accountability. If you suspect you’ve been subjected to investment fraud, reaching out to a lawyer specializing in these matters is crucial. Additionally, it may be necessary to inform regulatory agencies such as the SEC or FINRA about possible instances of market manipulation or insider trading.
The sooner you act, the greater your chances of recovering compensation. At the Law Offices of Robert Wayne Pearce, P.A., we have helped countless investors recover their losses due to investment fraud. We will thoroughly investigate your case, uncovering any misrepresentation or fraudulent activity, and fight to get you justice and the compensation you deserve.
If you’ve incurred financial losses due to a stockbroker’s or advisor’s negligence or fraudulent actions, the simplest method to determine if you have a valid claim is by contacting our office at 800-732-2889. Learn how our experienced investment fraud law firm can represent your interests:
- Represent & Advise: We’ll stand as your legal representative, advising you on your rights and options throughout the process.
- Investigate & Analyze: We’ll thoroughly investigate your case, meticulously analyzing financial documents and potential fraudulent schemes to uncover evidence of wrongdoing.
- Identify Liable Parties: We’ll work strategically to identify all potentially liable parties, including brokers, financial advisors, and financial institutions.
- File Complaints & Lawsuits: We’ll file formal complaints with regulatory agencies (such as the SEC or FINRA) and, when necessary, initiate lawsuits to protect your interests.
- Litigate & Negotiate: We are skilled litigators ready to fight aggressively for you in court or arbitration. Additionally, we’ll negotiate tirelessly to secure the most favorable settlement possible.
- Recover Losses: Our ultimate goal is to recover your financial losses and protect you from further harm. We are results-driven and committed to achieving the maximum financial recovery you deserve.
Can I Recover my Investment Losses?
In order to recover your investment losses, you must prove that your broker-dealer or financial advisor breached their fiduciary duty to you as an investor.
In most cases, this means filing a FINRA arbitration claim against the broker-dealer and/or representative.
The majority of securities fraud cases are handled by FINRA (Financial Industry Regulatory Authority) rather than being brought to the court system.
FINRA arbitration is a streamlined, cost-effective way to resolve disputes between investors and their brokers without going to court – it also allows you to collect punitive damages, which are not available in civil court.
As an investor, you have certain rights that must be respected and protected.
Our team is actively looking into various financial institutions and stockbrokers in Maine who might have received customer complaints, could be subject to legal proceedings, and may have engaged in unethical practices or committed fraud, including:
- https://www.secatty.com/investigations/clay-erickson-hornor-townsend-kent/
- https://www.secatty.com/investigations/richard-thomas-avantax-investment-services/
- https://www.secatty.com/investigations/jermaine-taylor-valic-financial-advisors/
- https://www.secatty.com/investigations/preston-rainer-tiaacreff-individual-institutional-services/
- https://www.secatty.com/investigations/nordo-nissi-m-s-howells-co/
- https://www.secatty.com/investigations/jongsik-kim-mml-investors-services/
- https://www.secatty.com/investigations/jamie-worden-worden-capital-management/
- https://www.secatty.com/investigations/gregory-bodkin-bournehill-investment-services/
- https://www.secatty.com/investigations/gary-imel-ameriprise-financial-services/
- https://www.secatty.com/investigations/carol-poulin-of-ameriprise-financial-services/
- https://www.secatty.com/investigations/david-dunfee-key-inevestment-services/
- https://www.secatty.com/investigations/steven-dean-lpl-financial/
- https://www.secatty.com/investigations/ross-steelman-equity-services/
- https://www.secatty.com/investigations/roxann-romano-morgan-stanley-2/
- https://www.secatty.com/investigations/roderick-duxbury-raymond-james-financial/
- https://www.secatty.com/investigations/roberta-nestor-commonwealth-financial-network/
- https://www.secatty.com/investigations/richard-stoyeck-titus-rockefeller/
- https://www.secatty.com/investigations/patrick-naughton-lpl-financial/
- https://www.secatty.com/investigations/nicole-falciano-merrill-lynch/
- https://www.secatty.com/investigations/mark-potocsny-international-assets-advisory/
- https://www.secatty.com/investigations/louis-pietig-northwestern-mutual-investment-services/
- https://www.secatty.com/investigations/lester-burroughs-lincoln-investment/
- https://www.secatty.com/investigations/joseph-fedorko-laidlaw-and-co/
- https://www.secatty.com/investigations/joseph-gau-fairport-capital/
- https://www.secatty.com/investigations/joel-johnson-silver-oak-securities/
Did You Know . . . Investment Fraud Attorney Robert Pearce Has Single-Handedly Collected Over $175 Million On Behalf of His Clients
Over the past two decades, Robert Pearce has successfully secured more than $175 million in recoveries for his investor clients. Remarkably, he has achieved fund recoveries for over 99% of his investor clientele through multiple recovery methods such as settlements, arbitrations, and legal proceedings in court.
No investment fraud firm can ever guarantee the same or similar results in any given case. However, when you hire the Law Offices of Robert Wayne Pearce, P.A., you can sleep well knowing you are in qualified and capable hands. Attorney Robert Pearce has represented hundreds of investors over his 40 year career and in the last 20 years alone recovered over $175 million for his investor clients.
Robert Pearce will fight for your rights day in and day out to get you the recovery you are entitled to.
What Can an Investment Fraud Lawyer Do for Investors?
What Can an Investment Fraud Lawyer Do for Investors?
An investment fraud lawyer helps 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.
Client Testimonials
What Are the Statute of Limitations?
Acting swiftly is crucial in investment fraud cases due to the statutes of limitations under both Maine and federal laws, which impose deadlines for submitting legal claims. In Maine, the timeframe to file securities fraud lawsuits aligns with the federal statute, generally allowing five years from the breach or two years from when the fraud could have reasonably been detected. Consulting with an attorney promptly is vital to guarantee that your claim is lodged within the stipulated deadlines.
Contact a Maine Securities and Investment Fraud Attorney Today
The Law Offices of Robert Wayne Pearce, P.A., is a law firm specializing in representing defrauded investors recover. Maine investment 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 at 561-338-0037 for a free confidential consultation with a Maine securities lawyer. We will fight aggressively for your financial recovery and for justice.
Our law firm works with clients throughout the state:
- Portland
- Lewiston
- Bangor
- South Portland
- Auburn
- Biddeford
- Sanford
- Saco
- Augusta
- Westbrook
- Scarborough
- Windham
- Gorham
- Waterville
- Brunswick
- York
- Falmouth
- Kennebunk
- Orono
- Kittery
Robert Wayne Pearce has decades of first-hand experience in FINRA securities arbitration, and is one of the preeminent experts in this matter both nationwide and internationally.