Great Point Capital LLC

If you invested through Great Point Capital LLC and experienced unexpected losses, unsuitable investment recommendations, or account misconduct, you may have the right to pursue recovery through FINRA arbitration.

As a securities firm representing investors nationwide, we help clients navigate the FINRA dispute resolution process and hold brokerage firms accountable when they fail to meet their obligations.

Below is an overview of what investors should know about bringing a FINRA arbitration claim against Great Point Capital LLC.

Understanding FINRA Arbitration

Most brokerage account agreements require disputes to be resolved through FINRA (Financial Industry Regulatory Authority) arbitration, rather than in court. FINRA arbitration is a binding dispute resolution process designed specifically for investor-broker disputes.

Compared to traditional litigation, FINRA arbitration is typically:

• Faster

• More cost-efficient

• Decided by arbitrators with securities industry experience

• Confidential and streamlined

If you signed a customer agreement with Great Point Capital LLC, it likely includes a mandatory arbitration clause requiring disputes to be filed with FINRA.

Common Claims Against Brokerage Firms

While every case is fact-specific, investors often bring FINRA arbitration claims involving allegations such as:

1. Unsuitable Investment Recommendations

Brokers must recommend investments consistent with a client’s financial situation, objectives, risk tolerance, and liquidity needs. If high-risk or speculative products were recommended to a conservative or income-focused investor, that may constitute a suitability violation.

2. Misrepresentation or Omission

Failure to disclose material risks, fees, conflicts of interest, or product structure can give rise to claims of misrepresentation or omission.

3. Overconcentration

Overconcentration occurs when too much of an investor’s portfolio is placed in a single stock, sector, or illiquid product—exposing the investor to unnecessary risk.

4. Excessive Trading (Churning)

If a broker trades excessively in an account primarily to generate commissions, that conduct may violate securities regulations and fiduciary standards.

5. Failure to Supervise

Brokerage firms such as Great Point Capital LLC have a legal duty to supervise their registered representatives. A failure to supervise may result in firm liability even if misconduct was committed by an individual broker.

The FINRA Arbitration Process

Bringing a FINRA arbitration claim generally involves the following steps:

1. Case Evaluation

An experienced securities attorney reviews account statements, correspondence, notes, and transaction history to evaluate potential claims and damages.

2. Filing the Statement of Claim

The arbitration begins by filing a Statement of Claim with FINRA, outlining the factual background, legal claims, and damages sought.

3. Selection of Arbitrators

A panel of one or three arbitrators (depending on the size of the claim) is selected from FINRA’s roster.

4. Discovery Phase

Parties exchange documents and information relevant to the dispute.

5. Hearing

Similar to a trial but less formal, the arbitration hearing allows both sides to present evidence, testimony, and expert analysis.

6. Award

The arbitrators issue a written decision. FINRA arbitration awards are binding and enforceable in court.

Potential Damages

Investors may be entitled to recover:

• Compensatory damages (investment losses)

• Interest

• Attorneys’ fees (in certain cases)

• Costs

• Rescission (in appropriate matters)

The amount recoverable depends on the facts of the case, including the nature of the investments, the timing of losses, and the conduct involved.

Time Limits to File a Claim

FINRA generally imposes a six-year eligibility rule from the occurrence or event giving rise to the claim. However, other statutes of limitations may apply depending on the claims asserted.

Because time limits can bar recovery, investors should consult counsel promptly.

Why Legal Representation Matters

Brokerage firms are represented by experienced defense counsel. Having a law firm that focuses on securities arbitration can make a significant difference in:

• Accurately calculating damages

• Identifying regulatory violations

• Leveraging industry rules and precedents

• Presenting expert testimony

• Negotiating potential settlements

A well-prepared claim increases the likelihood of a favorable outcome—whether through settlement or final award.

Kurta Law Can Help

Investors who lost money working with a Great Point Capital LLC broker or advisor should reach out to an investment fraud lawyer for help. Our attorneys offer free case evaluations and do not charge a fee unless we win your case. Call (877) 600-0098 or email info@kurtalawfirm.com.