Odessa Florida Stockbroker Fraud Attorney
Odessa Florida has a number 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, Odessa Florida investment advisor Craig L. Berkman was found guilty of a second fraudulent investment scheme to repay victims of his first fraud scheme. Mr. Berkman admitted that his fraud scheme capitalized on enthusiasm for shares in Facebook and other internet companies going public. In his sophisticated scheme, Mr. Berkman made millions using false claims to trick investors. He told investors that he owned shares in Menlo Park, California-based Facebook, Inc., Chicago-based Groupon, Inc., and California-based LinkedIn, Inc. and would use their money to buy shares in the company before their initial public offerings. Mr. Berkman used $6 million of the approximately $13 million he took from investors on paying creditors in a bankruptcy proceeding, $4.8 million to pay off earlier investors from his first scheme, and $1.6 million in legal and personal expenses. Mr. Berkman was sentenced to 6 years in prison, ordered to forfeit $13.2 million, and pay a fine of $8.4 million.Experienced Stockbroker Fraud Lawyers Who Handle FINRA Arbitrations Throughout Odessa Florida and Nationwide
Are you an Odessa Florida investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Odessa 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 Odessa 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 Odessa Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.