Recovering Investment Losses
Each year, investors lose tens of billions of dollars at the hands of unethical and negligent financial professionals who abuse the trust and confidence of their clients. Bad financial markets expose and highlight investment fraud, stockbroker misconduct and stockbroker negligence. Whether it’s recommending unsuitable investments, making false statements, omitting material information or simply negligence, the end result is the same: Investment losses are sustained. Our experienced lawyers can evaluate the strength of your claims and help put you on a path to financial recovery.
Fitzpatrick & Fitzpatrick Attorneys at Law represents investors from across the country in securities litigation and FINRA arbitration actions. Our Chicago, IL based law office focuses on FINRA securities arbitration claims and individual lawsuits against financial institutions, financial advisors, mutual fund firms and insurance companies throughout the United States. Our securities arbitration lawsuits concentrate on brokerage firms, mutual fund companies and registered investment advisors engaging in unlawful investment conduct.
We offer hands-on customized, aggressive legal advice. This personal approach means that our clients will always have an attorney available to them, prosecuting their claim. With our law firm, you will be in frequent contact with an attorney who understands the nuances of your individual case.
We Fight Against Investment Fraud
Under an investor’s state securities act, enforceable legal actions can be brought against financial institutions for failure to diversify a portfolio, fraud, churning, unauthorized trading, misrepresentations and omissions, breach of fiduciary duty, negligence, financial exploitation of the elderly and other related actions. Investment losses often have a devastating impact on investors whose trusted financial advisor, stockbroker, insurance agent or financial professional failed to comply with their fiduciary duties and obligations.
Securities Arbitration Fraud Law Firm in Chicago
Unfortunately the overwhelming majority of all investment fraud abuses are never reported. The number of FINRA securities arbitration cases that are actually filed against stock brokers, insurance agents and investment advisers is a very small percentage of the actual actionable claims. Often, investors feel embarrassed by their supposed gullibility or degree of trust placed in their financial advisor. Investors often assume they are simply the victim of the financial markets and there is no recourse against fraudulent advisor mismanagement. However, if an investor is the victim of fraud, they do have legal options and the ability to recover some, or all, of those investment losses.
Brokerage firms have a duty to reasonably supervise the activities of their financial advisors. Failure to do so can make the brokerage firm liable for the investment losses sustained. A financial advisor who failed to disclose the risks associated with an investment product, churned client accounts, made unsuitable investment recommendations or converted client funds may all be cause for actionable claims. Unscrupulous activity by stock brokers and advisors entitles the investor to possibly recover his or her losses, attorney fees, statutory interest and costs through FINRA arbitration or lawsuits.
Call us for a free review today of your potential case by a team of experienced investment fraud lawyers.