Vero Beach Florida Stockbroker Fraud Attorney
Vero Beach Florida has scores 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, David L. Ortiz of Vero Beach Florida and two of his companies have been charged with operating a “fraudulent off-exchange foreign currency scheme.” Mr. Ortiz collected at least $420,000 from ten investors and sent some funds to his wife, Lorenda. Mr. Ortiz and his companies, Goyep International Inc. of Vero Beach and Royal Returns Inc. of Hollywood took at least $232,000 of consumer funds for their own personal use. The defendants committed fraud with false claims by guaranteeing investors monthly profits of 10%, telling customers funds would be used to trade foreign exchange and misrepresenting investors’ exchange profits (which were not profitable) along with Mr. Ortiz’s trading experience. A court order requires Ortiz and his company to pay $292,676.62 in restitution, $878,000 for a civil monetary penalty, and the funds Mr. Ortiz sent to his wife.Experienced Stockbroker Fraud Lawyers Who Handle FINRA Arbitrations Throughout Vero Beach Florida and Nationwide
Are you a Vero Beach Florida investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Vero Beach 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 Vero Beach 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 Vero Beach Florida citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.