The Florida Stockbroker & Investment Fraud Lawyers at Law Offices of Robert Wayne Pearce, P.A. have been helping investors recoup their losses incurred due to unethical and illegal stockbroker activity for over 40 years.
As an investor in Florida, you have the right to expect that your stockbroker or investment advisor will always act in your best interests.
Unfortunately, this is not always the case.
The Florida stockbroker & investment fraud lawyers at the Law Offices of Robert Wayne Pearce, P.A. is dedicated to representing investors nationwide who have been the victims of securities fraud, stockbroker fraud, investment fraud, and misconduct by broker-dealers. We have recovered millions of dollars for our clients through securities arbitration and litigation.
If you live in Florida and have suffered investment losses, we can help.
Contact us today at (800) 732-2889 or fill out one of our short contact forms.
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.
What is Investment Fraud?
When an entity, such as a brokerage firm, takes your money with the promise of investing it and then uses it for other purposes, you have been the victim of investment fraud. Investment fraud scams are frequently characterized by promises of guaranteed profits and low- to no-risk investments.
Chances are if it looks too good to be true, it might be.
Is Stockbroker Fraud Different from Investment Fraud?
Stockbroker fraud is a type of investment fraud that occurs when your stockbroker or other financial professional makes false or misleading statements to you in order to sell you securities, such as stocks, bonds, or mutual funds.
Stockbroker fraud is a form of investment fraud, but not all investment fraud is stockbroker fraud.
IMPORTANT: If you are a victim of stockbroker or investment fraud, you may have a limited time to take action. The Florida stockbroker & investment fraud lawyers at The Law Offices of Robert Wayne Pearce, P.A. can help you recover your losses and hold the responsible parties accountable. Contact us today at (800) 732-2889.
Recognizing the Signs That You May Be the Victim of Investment Fraud
There are several signs that may indicate that you have been the victim of investment fraud. If you have experienced any of the following, you should speak with an attorney as soon as possible:
- Your Investment dries up or suffers a significant drop in value
- The market is up, but your investment continues to lose value
- You are unable to get information about your investment or the company refuses to provide information
- Your investment is not performing as promised
- You are pressured to invest more money or told that you need to act now
- You are told that your investment is low risk when it is actually quite risky
- The broker or company you invested with has stopped returning calls, responding to emails, or is otherwise unresponsive
The hardest part of investment fraud is often recognizing that it has occurred. Many times, people do not realize they have been the victim of fraud until they suffer a significant loss.
Do Not Delay – Time May Be Running Out
The statute of limitations, or the time you have to take legal action, may be shorter than you think. If you believe that you have been the victim of stockbroker fraud or investment fraud, contact an investment fraud attorney as soon as possible to discuss your legal options and to protect your rights.
What is the Statute of Limitations for Investment Fraud in Florida?
In the state of Florida, there are two separate timelines for investment fraud in violation of the Florida securities statutes: a two-year (2) statute of limitations and a five-year (5) statute of repose.
The two-year statute of limitations for investment fraud in Florida begins to run on the day that you discover or reasonably should have discovered, the fraud.
The five-year statute of repose for investment fraud in Florida begins to run on the day that the fraudulent activity occurred, regardless of when you actually discovered it.
This means that if more than five years have passed since the fraudulent act occurred, you will not be able to bring a claim, even if you only recently discovered the fraud.
There are other claims for common law fraud, breach of fiduciary duty, breach of contract with different statutes of limitation that may be longer under the facts of your case.
For this reason, it is important to contact an experienced Florida investment fraud attorney as soon as possible if you believe that you may have been the victim of investment fraud.
Do You Need to Hire an Investment Fraud Lawyer “Near Me”?
Since securities are primarily a federally regulated industry, it is not necessary to hire a local Florida investment fraud lawyer. It is still important to find an attorney with experience handling investment fraud cases in Florida, as they will be familiar with the state’s securities laws.
These state laws, also known as Blue Sky Laws, may differ from federal securities laws and can potentially provide additional protections for investors.
Note: When hiring an investment fraud attorney, it is important to choose one who regularly practices in the field of securities law and arbitration. Securities law is a complex and ever-changing area of law, so you want to be sure that your attorney is up-to-date on the latest legal developments.
Are You Dealing with Investment or Securities Fraud in Florida?
Contact our Florida investment fraud lawyers at the Law Offices of Robert Wayne Pearce, P.A. today at (800) 732-2889. We represent investors nationwide who have been the victims of stockbroker fraud, investment fraud, and broker-dealer misconduct.
We Have a History of Helping Investors Recover Their Losses
The Law Offices of Robert Wayne Pearce, P.A. has helped investors recover their losses in securities arbitration and litigation for over 40 years.
We are one of the most experienced FINRA arbitration law firms in the country and have recovered more than $175 million on behalf of our clients. In fact, we have recovered funds for over 99% of his investor clients through various avenues of recovery, including settlements, arbitrations, and court litigation.
Attorney Pearce is a well-respected advocate for investors throughout the legal community, known as a fierce litigator throughout Florida and across the country.
Some of our past results include:
$21,041,285 FEDERAL COURT FINAL JUDGMENT
In 2010, Robert Pearce won a case in federal court for $21,041,285. The final judgment was entered against the defendant for fraud, breach of fiduciary duty, and civil theft pursuant to Florida Statutes Sections 812.014 and 772.11.
$7,840,000 FINRA ARBITRATION SETTLEMENT
In this FINRA arbitration, Robert Pearce effectuated the resolution of the case through mediation on the eve of trial. This case involved a complex options trading strategy in the oil and gas sector against one of the largest Midwest broker-dealers in the United States.
$4,300,000 FEDERAL COURT CLASS-ACTION SETTLEMENT
Robert Pearce represented investors in a class-action lawsuit against accounting and legal professionals for allegedly aiding and abetting a Ponzi scheme.
After years of litigation and removal from state to Federal court, the lawsuit was finally resolved through mediation in 2017. The investors were awarded more than $4.3 million to the receivership for the benefit of the investors.
Client Reviews
“Highly Recommended”
“Highly recommended. Bob Pearce represented my elderly parents when they realized they had been swindled out of their life savings by an unscrupulous investment firm that headquartered the elderly. Bob was very thorough and patient and remained our attorney after both of our parents died and six siblings had to decide if and how to proceed with our lawsuit. Bob explained all issues well, under-promising and over delivering. He also made himself available for a multitude of phone calls as we had to come together in our decisions which involved six siblings in three different cities and time zones and in two languages (English & Spanish). In the end, we won our case and the award was higher than expected.”
We Handle a Variety of Investment Fraud Cases in Florida
There are many types of investment fraud, and our firm has represented investors who have been the victims of all types of stockbroker misconduct and broker-dealer malfeasance.
Some of the investment fraud cases that we handle include:
- Unauthorized trading on a non-discretionary account
- Forced liquidation (forced selling)
- Churning or excessive trading
- Failure to supervise
- Lack of diversification
- Misrepresentation
- Misappropriation of client funds
- Ponzi schemes
- Breach of fiduciary duty
- Financial elder abuse
Since each case is unique, it is important to speak with an experienced Florida investment fraud lawyer to discuss your particular situation.
Talk to a Florida Investment and Securities Fraud Attorney Today
If you have lost money because of investment fraud or stockbroker misconduct, contact the Law Offices of Robert Wayne Pearce, P.A. today to schedule a free consultation with an experienced Florida securities lawyer. We represent investors nationwide who have been the victims of all types of stockbroker fraud and investment misconduct.
Time is of the essence in these cases, so please do not hesitate to contact us today at (800) 732-2889 or complete our contact form to schedule a free consultation.
Our office is located in Boca Raton, and we represent investors in Florida and throughout the United States.