Plantation Florida Securities Arbitration Lawyers Who Handle Ponzi Scheme Cases
Plantation Florida has hundreds 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 recommend investments in Ponzi Schemes and engage in all sorts of misconduct which violates Federal and [State] securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms policies and procedures.
For example, James Clements and Zeina Smidi of Plantation Florida were charged by the Securities and Exchange Commission (SEC) for orchestrating an alleged Ponzi scheme. Clements and Smidi owned companies MRT LLC, MRT Holdings LTD and Maximum Return Transaction LLC which they used to run their $30 million Ponzi scheme. MRT used others to solicit hundreds of investors into agreeing to have their accounts managed. Clements and Smidi used offshore accounts to hide the scheme as they used new investors’ monies to reimburse older ones in a classic Ponzi scheme. Allegedly, very few Forex trades occurred and the SEC alleges that the ones that did, netted losses for the investors. Clements and Smidi are facing a judgment of $50 million from class action law suits filed against them.Experienced Securities Attorneys Who Represent Investors Caught In Ponzi Schemes In FINRA Arbitrations Throughout Plantation Florida and Nationwide
Did your Plantation Florida stockbroker or investment advisor recommend an investment that turned out to be an investment in a Ponzi Scheme like the ones allegedly run by GPB Capital Holdings or EquiAlt? Generally, these investments are not vetted by your stockbrokers or investment advisor’s employer. The brokerage firms always deny liability for these unauthorized investments. And so, you definitely need an experienced attorney knowledgeable of FINRA rules and procedures to handle these FINRA arbitration cases involving Ponzi Scheme investments and other complex legal issues.
By hiring a top rated securities arbitration lawyer like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in FINRA arbitration proceedings, you will clearly see that Attorney Pearce aggressively represents investors and is one of the best lawyers to help you recover your Ponzi Scheme investment losses from stockbrokers, investment advisors and their employers in FINRA arbitration proceedings!
At The Law Offices of Robert Wayne Pearce, P.A., we represent investors not only in Ponzi Scheme cases but all kinds of securities law and investment disputes in FINRA arbitration and mediation proceedings. We handle a wide range of practice areas such as fraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations. Attorney Pearce and his staff represent investors throughout Plantation 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 Ponzi Scheme and other securities investment cases 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 Plantation Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.