Glendale investment fraud lawyers help investors recover their losses in cases of unsuitable investment recommendations, misleading marketing, negligence, and other claims.
If your account statements don’t match up with your expectations, an investment fraud lawyer can help. A structured case evaluation can uncover signs of misconduct, such as inconsistencies in your broker’s claims or unexplained transactions, which you can use to support an investment fraud claim.
Kurta Law stock fraud attorneys serve investors in Glendale and other communities in the Los Angeles metropolitan area. We provide free and confidential case evaluations so you can start your path to financial recovery.
How Investment Fraud Happens
Mismanagement, financial exploitation, and fraudulent misconduct can have significant and long-lasting consequences. Investors may wonder where they went wrong. When investigating investment fraud claims, stock fraud attorneys find that unethical financial professionals have common motivations.
Misconduct may be motivated by:
- Commission incentives: Some investments pay brokers or investment advisers higher commissions, giving them an incentive to recommend risky and expensive investments to clients.
- Outside business activities: Any business conducted outside the scope of your financial professional’s firm can introduce potential conflicts of interest.
- Failure to supervise: When firms fail to detect fraud or respond appropriately, brokers can get away with more audacious misconduct.
- Negligence: Investors don’t necessarily need to prove that misconduct was intentional. Financial professionals must uphold strict standards of professional conduct, and failing to do so can violate FINRA Rules and other regulations.
If you have concerns about your financial professional’s conduct, a stockbroker fraud lawyer can evaluate the strength of your claim through a structured case evaluation.
Highly recommend Jonathan Kurta! He took the time to explain my case to me, what my options were and his course of action. He was always available to answer my questions 7 days a week! Thank you for an excellent experience. I very much recommend him.- Frances Tuf
How Glendale Investment Fraud Lawyers Investigate Fraud Claims
When an investment fraud lawyer evaluates your claim, they begin with a structured review of your account. This includes careful examination of your documentation, such as:
- Account opening documents
- Trade confirmations
- Texts, emails, and other broker communications
- Investment prospectuses and disclosures
- Signed paperwork, such as insurance contracts
- Investment marketing materials
- Firm supervisory procedures
Reviewing these records can reveal patterns of suspicious activity, such as excessive trading, unapproved transactions, and fraudulent documents.
Based on what they find during your case evaluation, your stockbroker fraud lawyer will be able to determine the strength of your claim and your available options for recovery.
Common Types of Investment Fraud
For some investors, it’s not always clear whether their broker engaged in fraudulent conduct. A Glendale investment fraud lawyer can evaluate your broker’s activities through the lens of securities law and industry standards of conduct to identify regulatory violations.
Kurta Law investment fraud lawyers take on cases involving the following types of misconduct:
- Breach of Contract
- Breach of Fiduciary Duty
- Boiler Rooms
- Cherry-Picking
- Churning or Excessive Trading
- Elder Financial Abuse
- Excessive Commissions
- Failure to Execute
- Failure to Supervise
When responding to allegations of investment fraud, firms often claim that investor losses are the result of market volatility. A review of your account by a stockbroker fraud lawyer can reveal crucial evidence that connects your losses to account mismanagement, broker negligence, or supervisory failures.
How Can I Learn About My Financial Professional?
Investors can learn about their broker or registered investment adviser through two public databases: FINRA’s BrokerCheck and the SEC’s Investment Adviser Public Disclosure site. These databases contain information about your financial professional’s:
- Disputes involving other investors
- Lawsuits and administrative actions by regulators
- Outside business activities beyond the scope of their firm
- States they are registered in
- Exams and certifications
- Previous brokerage firms/investment advisory firms
The state Department of Financial Protection & Innovation (DFPI) also provides lookup tools for investors to search what entities they regulate and recent actions taken by the DFPI. Both of these tools allow investors to see if their firm has recently been the subject of state regulatory actions.
Can I Sue My Broker for Investment Fraud Losses?
Investors who suffer significant losses often come to Glendale investment fraud attorneys with the same question: can I sue my broker?
Yes, you can sue your broker under some circumstances. This will depend on what kind of misconduct allegedly occurred and the specifics of your account opening documents.
Typically, brokerage firms include clauses in their account opening agreements that require investors to take their disputes to FINRA arbitration, rather than civil court. You can read more about what types of misconduct may be addressed in civil court on our Can I Sue My Broker? page.
In FINRA arbitration, you present your case to a panel of neutral arbitrators who will issue a binding and enforceable decision called an arbitration award. Arbitration is broadly a faster process than civil court, typically resolving claims in 12 to 18 months, and is usually lower-cost for the investor, as well.
A stock fraud attorney can evaluate your investment fraud claim and discuss whether civil court is one of your options for recovery.
The Glendale Investment Fraud Lawyers at Kurta Law Can Help
At Kurta Law, we believe that seeking recovery shouldn’t come with added financial stress. We work on contingency and offer free case evaluations so you can plan your next steps without additional cost.
Our Glendale investment fraud lawyers have experience filing investment fraud claims, requesting documents from firms, and planning for hearings to ensure the arbitration process goes smoothly for our clients.
We support our cases with evidence gathered through in-depth account reviews and carefully select expert witnesses who can provide valuable testimony during your hearing.
If you receive a settlement offer, our stockbroker fraud lawyers can evaluate how it addresses your damages and negotiate with the firm on your behalf.
Glendale And Other Areas We Serve
The investment fraud lawyers at Kurta Law help investors in the Los Angeles area pursue claims of investment fraud, including in other communities around Glendale:
- Burbank
- Pasadena
- South Pasadena
- La Cañada Flintridge
- Altadena
- San Marino
- Alhambra
- West Hollywood
To see our other California locations, visit our (California page /california-investment-fraud-lawyer/).
Talk to a Glendale Investment Fraud Lawyer
Investors who have concerns about their broker’s conduct should contact the stock fraud attorneys at Kurta Law.
We represent investors in broker fraud claims ranging from unsuitable investment recommendations to allegations of insider trading. Our Glendale investment fraud lawyers can help you determine if you have an investment fraud claim and represent your interests in FINRA arbitration.
Contact Kurta Law today for a free and confidential structured case evaluation.
