Windermere is a city in Orange County, Florida with over 15 registered stock and commodities brokerage firms and investment advisory offices. With so many brokerage firms and financial advisors comes the potential for stockbrokers, financial advisors, and representatives who may engage in fraudulent and unlawful behavior which violates securities and commodities industry rules and procedures. In the last five years the United States Attorney's Office, United States Securities and Exchange Commission (SEC), the United States Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA), and Florida Office of Financial Regulation (FL-OFR) have filed a large number of disciplinary actions and/or complaints against Windermere-based stockbrokers, financial advisors and/or representatives.
For example, the Securities and Exchange Commission (SEC) charged Jay Sumner of Windermere, Florida for being part of an alleged hedge fund fraud. Mrs. Sumner was a registered investment advisor and a principal of Freedom Capital before allegedly enabling clients to place mutual fund orders after 4:00 p.m. ET. Mrs. Sumner and the defendants allegedly submitted orders through JB Oxford, who allowed trade orders to be submitted through 4:15 p.m. ET and accepted confirmations until 4:45 p.m. ET while still receiving that day's NAV. In one year, over 95 of the 1,959 orders were placed or modified after 4:00 p.m. ET. The scheme continued when the respondents allegedly misrepresented themselves to become members of the National Securities Clearing Corporation (NSCC). Mrs. Sumner and others allegedly created five entities, Unified Pension Inc., National Pension Plans Inc., Retirement Planning Consultants Inc., Pension Planning Professionals Inc., and Benefit Planning Consultants Inc. to receive approval to register the entities as members of the NSCC, giving them the ability to submit mutual fund purchases until 3:00 a.m. ET. In one month, Mrs. Sumner and the defendants allegedly processed 63 late mutual fund purchases and 50 sales through two of the entities. In a settlement with the SEC, Mrs. Sumner was ordered to disgorge $31,649.50 and pay prejudgment interest of $5,613.86 for a total of $37,263.36 to be paid to the U.S. Treasury.Representing Clients in Windermere, Throughout Florida and Nationwide.
Are you a Windermere-based investor who has had significant losses in your investment accounts? Did your Windermere investment advisor make unsuitable recommendations or otherwise mismanage your investment account? Are you a stockbroker, commodities broker, financial advisor or individual from the Windermere area who is the subject of a government or industry regulatory investigation or lawsuit? If so, you will need to have representation from an experienced, highly rated and nationally recognized securities and commodities law attorney-an attorney who knows how to handle these complex legal issues. By hiring an attorney with over 40 years of experience practicing securities and commodities law on both sides of the table, you will clearly see that Attorney Pearce doesn't just handle cases-he represents clients!
At The Law Offices of Robert Wayne Pearce, P.A., we represent clients on all sides of securities and commodities law and investment disputes in courtroom litigation, arbitration and mediation proceedings, and in 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 clients in Windermere, throughout Florida, and across the United States.
Attorney Pearce is a highly respected Windermere investors rights advocate, known as a fierce and tireless litigator throughout Florida and nationwide. Read his Investors Rights Blog and see the knowledge that can only be gained from over 40 years of legal experience. As your stockbroker, commodities broker, and investment fraud dispute lawyer, Mr. Pearce knows all of the available options for your case and will pursue them vigorously to secure the best possible outcome for you and your case. He has earned the distinguished AV Preeminent peer rating through Martindale-Hubbell, the highest rating possible, and he is one of Thomson Reuters Florida Super Lawyers for Securities Litigation. Attorney Pearce has won numerous million-dollar awards and settlements for his clients, earning him membership in The Million Dollar Advocates Forum and The Multi-Million Dollar Advocates Forum as one of the Top Trial Lawyers in America TM.Experienced SEC, CFTC, FINRA and FL-OFR Defense Trial Lawyer Serving the Windermere Area
Attorney Pearce's trial lawyer defense skills are highly regarded in Windermere, throughout Florida and across the nation. He began his career with the United States Securities and Exchange Commission (SEC) in 1980. Thereafter he moved to Fort Lauderdale and has expanded his nationwide SEC defense law practice to include commodities law and the defense of United States Commodity Futures Trading Commission (CFTC) and Florida Office of Financial Regulation (FL-OFR) investigations and enforcement proceedings, including registration issues, expungement proceedings, and Form U-5 abuses and defamation.
Attorney Pearce is one of the few attorneys who has not only single handedly beat the SEC's team of lawyers, but recovered his clients' attorney fees and litigation costs incurred in the defense of the government's flawed investigation and enforcement action.Free Initial Consultation With Securities, Commodities and Investment Dispute Lawyers Serving Windermere Residents
The Law Offices of Robert Wayne Pearce, P.A. understands what is at stake in securities and commodities law matters and investment disputes, and works tirelessly to secure the best possible result for you and your case. Mr. Pearce provides a complete case review, identifies the strengths and weaknesses of your case, and fully explains all of your legal options. The entire law firm works to ensure that you completely understand the ins and outs of the legal process to give you complete peace of mind knowing that you have chosen the best possible representation for your case
For dedicated representation by a law firm serving Windermere with over 40 years of experience and success in all kinds of securities and commodities law and investment disputes serving Windermere, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail. We can also arrange a meeting with you at offices located in Windermere, Florida and elsewhere if we believe you have a viable case or defense.