Millions of investors around the nation and throughout the globe rely on full-service brokerage firms and financial professionals such as stockbrokers and investment advisors to provide them with sound financial advice and appropriate investment recommendations. When they fail to do so, investors can struggle to restore their financial lifestyles.
National investment fraud lawyers KlaymanToskes issues a notice to investors worldwide explaining how they may be able to recover their investment losses through FINRA arbitration. FINRA arbitration is a dispute resolution forum that provides a recovery option to victims of broker misconduct, fraud or securities violations with full-service brokerage accounts.
With over a century of combined experience, our firm has represented thousands of clients throughout the world that maintained accounts with U.S. brokerage firms, resulting in the recovery of over $600 million on the behalf of investors, including $250 million in FINRA arbitration cases alone.
If you suffered losses at the hands of your brokerage firm, stockbroker, and/or financial advisor, contact Lawrence L. Klayman, Esq. at (888) 997-9956 or lklayman@klaymantoskes.com for a free and confidential consultation to discuss your potential case. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
FINRA (“Financial Industry Regulatory Authority”) is the self-regulatory body responsible for regulating all registered U.S. brokers and brokerage firms doing business with investors in the United States and throughout the world.
Investors can file an arbitration claim through FINRA when they have an issue involving the business activities, misconduct, and/or securities violations of a FINRA-regulated brokerage firm or one of its brokers/advisors.
KlaymanToskes believes a FINRA arbitration claim may be the most cost-effective solution for investors who have suffered realized or unrealized losses as a result of misconduct and/or securities violations by a FINRA-regulated brokerage firm or financial advisor.
KlaymanToskes encourages investors to use FINRA BrokerCheck, a free tool provided by the Financial Industry Regulatory Authority, to learn more about their brokerage firm and broker/financial advisor. The tool allows access to their public disclosure history, including pending and settled investor complaints, employment history, regulatory actions, personal bankruptcies, and criminal history.
In a recent blog post dated March 3, 2023, investors can learn how to use FINRA BrokerCheck. If your broker’s profile has significant disclosures, KlaymanToskes highly recommends reviewing your accounts for misconduct similar to that alleged in the disclosures.
In order to file an arbitration claim through FINRA, an investor must first identify that they have a dispute involving the business activities, misconduct, and/or securities violations of a FINRA-regulated brokerage firm or one of its brokers/advisors. KlaymanToskes can help you determine if your investment losses are the result of misconduct or securities violations such as unsuitable investment recommendations, excessive trading (“churning”), a financial advisor’s/firm’s breach of fiduciary duty, unauthorized trading, negligence, and/ or others.
To learn more about the types of securities violations investors face, see our securities violations information page. Once you file your arbitration claim with FINRA, the brokerage firm and/or broker/financial advisor (a/k/a the “respondent”) generally has 45 days to submit a written response. Depending on the circumstances, additional time may be granted for both filing and responding.
During FINRA arbitration, depending on the type of claim and amount in alleged damages, a panel of three arbitrators will hear both sides of the issue, study the allegations and evidence, and make a decision on how to resolve the claim. The ruling issued by the FINRA arbitration panel will likely be final, meaning that choosing the best team for your case is crucial to the outcome of your claim and the financial recovery you receive.
KlaymanToskes has assisted thousands of investors in the recovery of more than $600 million. Our firm has been advocating for investors’ rights for decades, from the limited partnership scandal of the 90’s, to the Tech Bubble in 2000, the Mortgage Crisis in 2008, through the Puerto Rico Government Debt Crisis in 2013, the COVID-19 pandemic stock market crash, and the recent bank ranking crisis and bond losses due to the major hike in interest rates.
Our firm has represented clients throughout the world that maintained accounts with U.S. brokerage firms, including individual, high net-worth, ultra-high-net-worth, and institutional investors, such as non-profit organizations, unions, public and multi-employer pension funds.
We also accept cases where investors were sold illiquid Alternative Investments and are unable to access their principal investment. KlaymanToskes offers legal services on a contingency fee basis, meaning we do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Investors that suffered investment losses with a full-service brokerage firm or financial advisor are encouraged to contact Lawrence L. Klayman, Esq. at (888) 997-9956 or lklayman@klaymantoskes.com for a free and confidential consultation to discuss your potential case today.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com