Phoenix Stockbroker & Investment Fraud Lawyer
Our Phoenix stockbroker and investment fraud lawyer team represent both investors and stockbrokers when that relationship has gone awry. We have enjoyed great success representing victims of stockbroker fraud; our firm includes one of only a handful of Arizona attorneys to have obtained a 7-figure NASD (now- FINRA) arbitration award from an Arizona panel. We also represent individuals who have been named as Respondents in arbitrations. We believe we have the only Arizona business law attorneys to have successfully prevailed and been awarded attorneys’ fees against a brokerage firm that unsuccessfully attempted to attach a client’s assets.
Phoenix Investment Fraud Attorney
Stockbrokers must follow the “know your customer” rule and recommend investments that are suitable in light of their customers’ age, financial condition, tax status, investment objectives, other investments and investment experience, time horizon, risk tolerance and liquidity needs. Stockbrokers must also place their customers’ interests ahead of their own, disclose risks and fees, recommend an appropriate investment strategy, and offer only products approved by their firm. At its core, the stockbroker-customer relationship is about trust.
Types of Securities Fraud Cases We Handle
Our stockbroker and investment securities fraud attorneys prosecute and defend claims arising out of alleged stockbroker fraud and misconduct, such as:
- Churning, unauthorized trading, misrepresentations, omissions and other types of securities fraud
- Disclosure Failures
- False and misleading disclosures
- Licensing issues
- Negligence and fraudulent misrepresentation
- Negligent or otherwise inadequate supervision of securities professionals
- Penny stock fraud
- Ponzi schemes
- Portfolio pumping
- Selling away, which means selling investments not approved by the brokerage firm
- Theft of client funds
- Unsuitable investments based on the investor’s age, risk tolerance or other factors
Get in Touch With Us Today
In addition to matters involving customer disputes with brokerage firms, our Phoenix stockbroker fraud attorneys handle employment law matters including termination, discrimination and raiding cases.
Contact us today to schedule a consultation.