Nevada 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 Nevada.
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 Nevada-based investor.
We understand the frustration and stress that comes with being a victim of investment fraud, and we are here to help you navigate the legal process and hold those responsible accountable.
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 Nevada 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.
What Exactly Is Investment Fraud and Securities Fraud
Investment fraud, also known as securities fraud, involves deceptive practices to manipulate investors into making decisions that lead to significant financial losses. Dishonest brokers may use false information, Ponzi schemes, pump-and-dump operations, or sell unregistered securities to benefit themselves at investors’ expense. This criminal activity is illegal and unethical, subject to severe legal penalties.
In Nevada, many brokers, broker-dealers, and investment advisers push new and exotic investment products to earn high commissions, often ignoring the suitability for their clients. These complex products can hide excessive trading and risk.
For example, a broker might persuade an investor to put a large portion of their retirement savings into a high-risk, illiquid investment, downplaying the risks and misrepresenting the returns. This can result in substantial losses for the investor.
Many investors trust their brokers to act in their best interests. Unfortunately, some brokers and financial advisors fail to uphold their fiduciary duty, engaging in securities fraud through deception, excessive trading (churning), or imposing hidden fees.
If you’ve been a victim of investment fraud in Nevada, our experienced legal team is here to help you navigate the complexities of these cases and seek justice for your losses.
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.
Nevada and Federal Laws That Protect Investors
Nevada investors benefit from a robust framework of protections designed to ensure fair and transparent markets. These safeguards include:
- Key Laws and Regulations
- Nevada Uniform Securities Act: The cornerstone of Nevada 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.
- Nevada Private Corporations Act: This outlines shareholder rights and the responsibilities of company leaders, aiming to ensure that corporations act in the shareholders’ best interests.
- Nevada Deceptive Trade Practices Act (DTPA): This broad law empowers investors to take action against unfair or deceptive investment practices.
- Governing Agencies
- Nevada Securities Division: This agency is the primary watchdog for the Nevada securities industry. They register offerings, license brokers, investigate misconduct, and educate investors about their rights.
- Office of the Nevada Attorney General (Consumer Protection Division): Focused on consumer protection, this office can intervene in cases of investment fraud or other deceptive practices that harm Nevada 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
- Nevada State Securities Board: https://www.nvsos.gov/sos/investor-information/securities-information
- Office of the Nevada Attorney General, Consumer Protection Division: https://ag.nv.gov/About/Consumer_Protection/Bureau_of_Consumer_Protection/
- FINRA: https://www.finra.org/
- SEC – https://www.sec.gov/
How our Nevada Securities Law Attorneys Can Help You
While investment losses are sometimes an inevitable aspect of investing, brokers who commit fraud can be legally accountable for their actions. If you suspect that you have fallen prey to investment fraud, it is crucial to seek out an investment fraud attorney who is experienced in dealing with such cases. Additionally, it may be necessary to report the incident to regulatory authorities like the SEC or FINRA, who oversee market fairness and investigate issues like 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 or advisor’s negligence or fraud, the simplest way to determine if you have a valid claim is to contact our office at 800-732-2889.
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 or acted negligently in the management of your account. Alternatively, you could prove breach of contract claim for failure to adhere to FINRA Conduct Rules.
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.
We’re currently investigating several financial firms and stockbrokers who may have been the subject of customer complaints, may be facing legal action, and who may have acted unethically and committed fraud in Nevada, including:
- https://www.secatty.com/investigations/john-lagrange-nylife-securities/
- https://www.secatty.com/investigations/megan-phillips-d-a-davidson/
- https://www.secatty.com/investigations/betty-fenton-us-bancorp-investments/
- https://www.secatty.com/investigations/james-petrizzo-independent-financial-group/
- https://www.secatty.com/investigations/lawrence-napolitano-independent-financial-group/
- https://www.secatty.com/investigations/alan-mann-merrill-lynch-pierce-fenner-smith/
- https://www.secatty.com/investigations/john-rhoads-jr-united-planners/
- https://www.secatty.com/investigations/blake-mccoy-u-s-bancorp-investments/
- https://www.secatty.com/investigations/michael-bratton-state-farm-vp-management-2/
- https://www.secatty.com/investigations/david-simon-western-international-securities-2/
- https://www.secatty.com/investigations/matthew-rigoli-citigroup-global-markets/
- https://www.secatty.com/investigations/kevin-brennan-andrew-garrett-inc/
- https://www.secatty.com/investigations/jammie-avila-independent-financial-group/
- https://www.secatty.com/investigations/theodore-rich-d-a-davidson-co/
- https://www.secatty.com/investigations/robert-davenport-girard-securities/
- https://www.secatty.com/investigations/robert-warren-hightower-securities/
- https://www.secatty.com/investigations/reese-gneiting-merrill-lynch-pierce-fenner-smith/
Did You Know . . . Investment Fraud Attorney Robert Pearce Has Single-Handedly Collected Over $175 Million On Behalf of His Clients
Over the past 20 years, Robert Pearce has successfully recovered more than $175 million for his investor clients. Remarkably, he has secured recoveries for over 99% of his investor clients using various methods, such as settlements, arbitrations, and court litigations.
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?
In investment fraud cases, acting promptly is crucial due to the statutes of limitations under both Nevada and federal laws, which determine the deadlines for filing legal claims. For fraud in Nevada, and for federal securities fraud, the statute of limitations is generally five years from the date of the violation, or two years from when the fraud should have been discovered. It’s vital to consult an attorney quickly to ensure your claim is submitted within these time limits.
Types of Investment and Securities Fraud Cases We Can Help Represent You With
In Nevada, investment fraud is prevalent and investors need to be vigilant against various deceptive tactics.
Common types of fraud include unsuitable investments, where brokers recommend options misaligned with the investor’s needs, and forced liquidation, involving unauthorized selling. Ponzi schemes promise high returns but collapse, leaving investors with losses. Churning involves excessive trading to generate commissions, while misrepresentation and omission involve providing misleading information.
Breach of fiduciary duty, unauthorized trading, and failure to supervise advisors are also major concerns. Other notable frauds include overconcentration, theft of client funds, mutual fund sales violations, excessive markups, selling away, negligence, margin abuse, conflicts of interest, private placements, cryptocurrency fraud, 401(k) misconduct, microcap fraud, mining investment scams, EB-5 program fraud, and advance fee schemes.
These fraudulent activities underscore the importance of due diligence for investors in Nevada.
Contact a Nevada 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. Nevada 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 Nevada securities lawyer. We will fight aggressively for your financial recovery and for justice.
Our law firm serves clients across the state:
- Las Vegas
- Henderson
- Reno
- North Las Vegas
- Sparks
- Carson City
- Fernley
- Elko
- Mesquite
- Boulder City
- Winnemucca
- West Wendover
- Fallon
- Ely
- Lovelock
- Yerington
- Wells
- Caliente
- Carlin
- Jackpot (CDP)
Robert Wayne Pearce brings decades of direct experience in FINRA securities arbitration and is recognized as one of the foremost authorities on this subject, both in the U.S. and internationally.