New York Investment Fraud Lawyer

New York investment and stockbroker fraud attorney Robert Pearce at the Law Offices of Robert Wayne Pearce P.A., have extensive experience representing investors and organizations in securities arbitrations through FINRA in the State of New York.

Have you fallen victim to investment fraud? Are you looking for an experienced attorney to help you fight for the compensation you deserve?

You need an investment fraud lawyer who is dedicated to protecting your rights as a New York-based investor.

We understand the frustration and stress that comes with being a victim of investment fraud, and helped clients navigate the legal process and hold those responsible accountable for over 40 years.

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 New York 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 our NYC office line at (800) 732-2889.

Definition of Investment Fraud and Securities Fraud

Investment fraud is a term sometimes used interchangeably with securities fraud, and it involves using deceptive practices, including false or misleading information, to manipulate investors into making investment decisions that result in substantial losses. Dishonest brokers may even resort to outright theft of investor’s funds or securities. 

All forms of investment fraud aim to deceive investors into taking actions that benefit the perpetrator financially. This may include schemes like misrepresenting high commission illiquid private placement investment, churning accounts, Ponzi schemes, pump-and-dump schemes, or the sale of unregistered securities. Securities fraud is an illegal or unethical activity punishable by law. Investors have remedies under the law if they pursue the wrongdoers.

Example Scenario: An investor is persuaded by their 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 investor.

When you first hired your broker-dealer, it’s likely that you trusted them to put your best interests first. Unfortunately, many brokers and financial advisors don’t live up to their fiduciary duty or have committed outright securities fraud. They might mislead you about investments, conceal risks, engage in excessive trading (churning) to generate commissions, or overcharge you with hidden fees.

Investment Losses? We Can Help

Discuss your legal options with an attorney at The Law Offices of Robert Wayne Pearce, P.A.

Get A Free Consultation

or, give us a ring at (800) 732-2889.

New York and Federal Laws That Protect Investors

New York investors benefit from a robust framework of protections designed to ensure fair and transparent markets. These safeguards include:

• Key Laws and Regulations
  
  • Martin Act: Article 23-A of the New York Gen. Business Law commonly known as the Martin Act gives the New York Attorney General the authority to enforce the laws provisions, which regulate the offer and sell securities in or from New York, but does not give investors any private rights to enforce the law.
  • New York Business Corporation Law: This outlines shareholder rights and the responsibilities of company leaders, aiming to ensure that corporations act in the shareholders’ best interests.
  • New York Consumer Protection Act: This broad law empowers investors to take action against unfair or deceptive investment practices.
    
• Governing Agencies
  • Office of the New York Attorney General: This agency is the primary watchdog for the New York securities industry. They register offerings, license brokers, investigate misconduct, and educate investors about their rights.It is also focused on consumer protection, this office can intervene in cases of investment fraud or other deceptive practices that harm New York 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

• New York State Securities Board: https://www.sec.gov/enforce/public-alerts/fictitious-regulators/new-york-securities-division
• Office of the New York Attorney General, Consumer Protection Division: https://ag.ny.gov/file-complaint/consumer
• FINRA: https://www.finra.org/
• The SEC – https://www.sec.gov/ 

How our NYC Securities Law Attorneys Can Help You

Yes, investment losses are a part of investing, but when brokers commit fraud, they can be held legally responsible. If you believe you have been a victim of investment fraud, it is important to contact an investment fraud lawyer with experience handling these types of cases. Regulatory bodies like the SEC or FINRA might also need to be alerted to potential market manipulation or insider trading.

The quicker you take action, the better your chances of securing compensation. At the Law Offices of Robert Wayne Pearce, P.A., we have a strong track record of helping numerous investors recoup their losses from investment fraud. We will diligently examine your case to identify any instances of misrepresentation or fraudulent activities and advocate tirelessly to secure the justice and compensation you rightfully deserve.

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Here’s how our knowledgeable and experienced investment fraud law firm can advocate for you:

• Represent & Advise: We’ll stand as your legal representative, advising you on your rights and options throughout the process.
• Investigate & Analyze: We’ll thoroughly investigate your case, meticulously analyzing financial documents and potential fraudulent schemes to uncover evidence of wrongdoing.
• Identify Liable Parties: We’ll work strategically to identify all potentially liable parties, including brokers, financial advisors, and financial institutions.
• File Complaints & Lawsuits: We’ll file formal complaints with regulatory agencies (such as the SEC or FINRA) and, when necessary, initiate lawsuits to protect your interests.
• Litigate & Negotiate: We are skilled litigators ready to fight aggressively for you in court or arbitration. Additionally, we’ll negotiate tirelessly to secure the most favorable settlement possible.
• Recover Losses: Our ultimate goal is to recover your financial losses and protect you from further harm. We are results-driven and committed to achieving the maximum financial recovery you deserve.

Can I Recover my Investment Losses?

In order to recover your investment losses, you must prove that your broker-dealer or financial advisor violated Federal securities laws or the common law of New York, including their fiduciary duty to you as an investor, acted fraudulently or negligently, or breached their contract to abide by securities industry rules and regulations.

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 New York who may have received customer complaints, could be subject to legal proceedings, or may have engaged in unethical practices and committed fraud. These include:

• https://www.secatty.com/investigations/andre-labarbera-titus-rockefeller/
• https://www.secatty.com/investigations/nicholas-finn-ubs-financial-securities-inc/
• https://www.secatty.com/investigations/curtis-smiley-primex/
• https://www.secatty.com/investigations/evan-schottenstein-jp-morgan/
• https://www.secatty.com/investigations/herbert-hafen-wells-fargo/
• https://www.secatty.com/investigations/andre-scarpa-jp-morgan-securities-llc/
• https://www.secatty.com/investigations/douglas-leone-salomon-whitney-financial/
• https://www.secatty.com/investigations/louise-fallica-american-portfolios-advisors/
• https://www.secatty.com/investigations/jason-champion-mml-investors-services-llc/
• https://www.secatty.com/investigations/salvatore-aprile-royal-alliance-associates/
• https://www.secatty.com/investigations/jason-champion-mml-investors-services/
• https://www.secatty.com/investigations/richard-gill-ameriprise-financial-services/
• https://www.secatty.com/investigations/michael-hill-sagepoint-financial/
• https://www.secatty.com/investigations/kenneth-kohn-equitable-advisors/
• https://www.secatty.com/investigations/hovannes-malikyan-nylife-securities /
• https://www.secatty.com/investigations/matthew-meehan-ej-sterling/
• https://www.secatty.com/investigations/richard-petersen-allstate-financial-services /

Did You Know . . . Investment Fraud Attorney Robert Pearce Has Single-Handedly Collected Over $175 Million On Behalf of His Clients

Over the past two decades, Robert Pearce has secured more than $175 million in recoveries for his investor clients. Impressively, he has successfully reclaimed funds for over 99% of his investor clients using a variety of methods, such as 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 Fraud Lawyer Do for Investors?

An investment fraud 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

What Are the NY Statute of Limitations for Investment Fraud?

In New York, the timeframe for filing fraud claims is generally six years from when the action accrued, or within two years from when the plaintiff either discovered or reasonably could have discovered the fraud. On the federal level, the statute of limitations for securities fraud cases is usually five years from the date of the violation or two years from when the fraud should have been discovered.

Types of Investment and Securities Fraud Cases We Can Help Represent You With

In New York, investors frequently encounter a range of fraudulent tactics by unscrupulous brokers and advisors. Common schemes include unsuitable investments that do not align with investor needs, forced liquidation without client consent, and Ponzi schemes promising high returns.

Excessive trading, or churning, generates commissions for advisors but not value for clients. Misrepresentation and omission involve deceptive information about investments. Other issues include breach of fiduciary duty, unauthorized trading, and failure to supervise advisors.

Overconcentration, theft of client funds, mutual fund sales violations, excessive markups/markdowns, and selling away also pose significant risks to investors.

Additional fraud tactics include broker negligence, margin abuse, conflicts of interest, risky private placements, cryptocurrency fraud, 401(k) misconduct, microcap fraud, mining and mineral investment fraud, EB-5 program fraud, and advance fee schemes. These varied tactics illustrate the extensive range of potential frauds facing New York investors.

Contact a New York Securities and Investment Fraud Attorney Today

The Law Offices of Robert Wayne Pearce, P.A., is a law firm specializing in representing defrauded investors recover. New York 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 use NYC office line at (800) 732-2889 for a free confidential consultation with a New York securities lawyer. We will fight aggressively for your financial recovery and for justice.

Our law firm works with clients throughout the state:

Robert Wayne Pearce has decades of first-hand experience in FINRA securities arbitration, and is one of the preeminent experts in this matter both nationwide and internationally.