Utah investment fraud and investment loss attorney Robert Wayne Pearce at the Law Offices of Robert Wayne Pearce P.A., have extensive experience representing investors and organizations in Utah.
Too often, we have heard from victims of affinity fraud in Utah with men gaining their religious followers trust solely through their church ties. 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 Utah 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 does Investment Fraud and Securities Fraud look like in Utah
Investment fraud, often referred to as securities fraud, involves deceptive tactics such as providing false or misleading information to sway Utah-based investors into making decisions that lead to significant financial losses. In some cases, dishonest brokers may even engage in the outright theft of investors’ funds or securities.
Example Scenario: An investor in Utah is persuaded by their hot-shot Wall Street broker to put a large portion of their retirement savings into a high-risk, illiquid investment. The broker downplays the risks, misrepresents the potential returns, and pressures the investor to make a quick decision. The investment ultimately fails, leading to significant losses for the retired investor.
When you initially engaged your broker-dealer, you probably trusted them to prioritize your best interests. Regrettably, many brokers and financial advisors fail to uphold their fiduciary responsibilities, or may even commit outright securities fraud.
They could mislead you regarding investment opportunities, hide associated risks, excessively trade (or churn) to earn commissions, or impose hidden fees that overcharge you in the sale of securities.
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.
How our Utah Securities Law Attorneys Can Help You
Acting quickly can significantly increase your chances of recovering compensation. At the Law Offices of Robert Wayne Pearce, P.A., we have successfully helped numerous investors reclaim losses resulting from investment fraud. We will conduct a detailed investigation of your case, identify any misrepresentations or fraudulent activities, and vigorously pursue justice and the compensation you are entitled to.
If you’ve suffered financial losses due to a stockbroker or advisor’s negligence or fraud, the simplest way to determine if you have a case is to contact our office at 800-732-2889. Our experienced investment fraud law firm is ready to advocate for you.
Our law firm has a wide footprint in Utah and works with clients throughout the state:
- Salt Lake City
- West Valley City
- Provo
- West Jordan
- Orem
- Sandy
- St. George
- Ogden
- Layton
- South Jordan
- Lehi
- Millcreek
- Taylorsville
- Logan
- Murray
- Draper
- Bountiful
- Riverton
- Roy
- Spanish Fork
Can I Recover my Investment Losses?
In order to recover your investment losses, you must prove that your broker-dealer or financial advisor violated the federal securities laws or Utah Uniform Securities Act, breached their fiduciary duty to you as an investor or breached their contracts to follow FINRA 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 are currently conducting investigations into various financial firms and stockbrokers in Utah who may have received customer complaints, could be facing legal action, or may have engaged in unethical behavior or committed fraud. These investigations include:
- https://www.secatty.com/investigations/travis-christiansen-transamerica-financial-advisors/
- https://www.secatty.com/investigations/clay-erickson-hornor-townsend-kent/
- https://www.secatty.com/investigations/levar-thompson-nylife-securities/
- https://www.secatty.com/investigations/darin-arnell-cetera-advisors-network/
- https://www.secatty.com/investigations/david-white-cambridge-investment-resesarch/
- https://www.secatty.com/investigations/leland-whiting-hornor-townsend-kent/
- https://www.secatty.com/investigations/lisa-thorpe-wells-fargo-clearing-services/
- https://www.secatty.com/investigations/michael-bell-cetera-advisor-networks/
- https://www.secatty.com/investigations/robyn-simons-berthel-fisher-co-financial-svcs/
- https://www.secatty.com/investigations/jeffrey-scott-centaurus-financial/
- https://www.secatty.com/investigations/casey-walker-cetera-advisor-networks/
- https://www.secatty.com/investigations/anthony-taylor-nylife-securities/
- https://www.secatty.com/investigations/bryce-jones-independent-financial-group/
- https://www.secatty.com/legal-blog/did-aaron-graham-cause-you-investment-losses/
- https://www.secatty.com/investigations/tyler-cardon-fidelity-brokerage-services/
- https://www.secatty.com/investigations/craig-kapp-fidelity-brokerage-services/
- https://www.secatty.com/investigations/jason-kimber-j-w-cole-financial/
- https://www.secatty.com/investigations/jacob-cazier-j-w-cole-financial/
- https://www.secatty.com/investigations/wesley-snell-hornor-townsend-kent/
- https://www.secatty.com/investigations/timothy-jaggi-nylife-securities/
- https://www.secatty.com/investigations/steven-earl-wells-fargo-advisors-financial-network/
- https://www.secatty.com/investigations/leonard-rothstein-wilson-davis-co/
- https://www.secatty.com/investigations/christopher-tolman-tiaa-cref/
Did You Know . . . Investment Fraud Attorney Robert Pearce Has Single-Handedly Collected Over $175 Million On Behalf of His Clients
In the last 20 years alone, Robert Pearce has recovered over $175 million for his investor clients. In fact, he has recovered funds for over 99% of his investor clients through various avenues of recovery, including settlements, arbitrations, and court litigation.
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 Loss Lawyer Do for Investors?
An investment loss recovery 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
Contact a Utah Securities and Investment Loss Attorney Today
The Law Offices of Robert Wayne Pearce, P.A., is a law firm specializing in representing defrauded investors recover. Utah 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 Utah securities lawyer. We will fight aggressively for your financial recovery and for justice.
Utah Laws on Securities Fraud
Utah investors benefit from a robust framework of protections designed to ensure fair and transparent markets and prevent fraud (this doesn’t always work as expected). These safeguards include:
- Key Laws and Regulations
- Utah Uniform Securities Act: The cornerstone of Utah 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.
- Utah Revised Business Corporation Act: This outlines shareholder rights and the responsibilities of company leaders, aiming to ensure that corporations act in the shareholders’ best interests.
- Utah Consumer Sales Practices Act: This broad law empowers investors to take action against unfair or deceptive investment practices.
- Governing Agencies
- Utah Division of Securities: This agency is the primary watchdog for the Utah securities industry. They register offerings, license brokers, investigate misconduct, and educate investors about their rights.
- Office of the Utah Attorney General (Consumer Protection Division): Focused on consumer protection, this office can intervene in cases of investment fraud or other deceptive practices that harm Utah 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
- Utah Division of Securities: https://securities.utah.gov/
- Office of the Utah Attorney General, Consumer Protection Division: https://dcp.utah.gov/
- FINRA: https://www.finra.org/
- SEC – https://www.sec.gov/
What Are the Statute of Limitations?
In Utah, the statute of limitations for fraud is the same as the Federal statute of limitations for securities fraud cases is typically five years from the date of the violation or two years from the date the fraud should have been discovered. It’s important to consult with an attorney as soon as possible to ensure your claim is filed within the appropriate time frame.