Buffalo Investment and Securities Fraud Lawyers
Situated 16 miles from Niagara Falls and 90 miles away from Toronto, Buffalo is the second-largest city in the State of New York.  It serves as a portal for travel and commerce into the Canadian border for many.
 
Although some describe Buffalo’s culture as a blend of Midwestern and Northeastern America, it also boasts a robust foodie scene with strong multicultural influences.  Its progressive music and arts communities are cutting edge. Buffalo is considered to be one of the most affordable cities to live in America.
 
At our law firm, our savvy investment fraud attorneys represent investors throughout the state who have faced financial losses due to the misconduct, mismanagement, or negligence of a  broker-dealer or investment advisor.
 
We go to bat for retail investors, institutional investors, retirees, sophisticated investors, and high net worth individual investors, and we’ve been working for 30 years in the Buffalo area.
 
What Should You do First if You Suspect That You Were the Victim of Brokerage Firm Misconduct or Negligence
Your financial advisor is supposed to be someone that you can trust.  They should always have your best interests as a priority when making any product recommendations or moving forward with a suggested investing strategy for your portfolio.
Stockbroker and investment advisor fraud cases come to us frequently.  In many situations, these end up collectively costing investors billions of dollars annually. If you have reason to believe that your financial losses could have been avoided were it not for the actions of your registered representative, you should have a talk with someone at our experienced Buffalo securities fraud law firm today.
 
Various Types of Securities Fraud & Brokerage Firm Misconduct
Some scenarios in which brokers and investment advisors can cause their customers to lose money include:
 

• Posing unsuitable investment recommendations to you that are not in line with your financial goals, investing experience, or risk tolerance level.
• Engaging in churning. This involves doing large amounts of trading in an account so that the broker can earn more commissions.
• Engaging in trades or buying investments without the client’s knowledge or consent. This is a practice referred to as unauthorized trading.
• Overly concentrating a brokerage account in too much of one type of investment. This is known to increase the risk of losses should the product fail.
• Neglecting to place trades or other orders at the client’s request. This is referred to as failure to execute.
• Misrepresenting or omitting material facts about an investment or trading strategy.
• Violating the terms of the agreement. This is a breach of contract.
• General negligence. This can occur due to inadequate training, inexperience, or carelessness.

Failure to Supervise
Brokerage firms have a duty to oversee their registered representatives.  They are also required to supervise what these representatives are doing in their clients’ accounts.
In the event that your broker-dealer

1. failed to identify any red flags that would indicate possible misconduct,
2. didn’t put the proper supervisory procedures and protocols in place, or
3. failed to put a stop to any suspect activities in your investment portfolio after being alerted of them,

You may be able to pursue a case against the investment firm.
 
How to File Your Investor Fraud Claim in FINRA Arbitration in your Buffalo Securities Fraud Case
In the State of New York, the Investor Protection Bureau is the agency responsible for enforcing the state’s securities laws.  The laws are collectively known as The Martin Act.  Nevertheless, their involvement doesn’t necessarily guarantee you any financial recovery. It is critical that you bring your own team of securities lawyers, consultants, and representatives to the table with your own claim.  We will fight to get your money back to you.
 
At the moment you and your broker agreed to work together, you signed a document stating that any disputes would be resolved in the arbitration process of the Financial Industry Regulatory Authority (FINRA).
 
This Law Firm has successfully represented thousands of investors over the years.   We have fought for our clients in FINRA arbitration, private arbitration, litigation, and mediation. The lion’s share of our clients have successfully recovered at least some if not all of their investment losses.
 
We Fight for Investors in Buffalo and the Surrounding New York Areas
With decades worth of collective experience in securities law, our securities fraud attorneys have successfully gone up against some of the biggest financial firms in America.  Most of these are based in New York State. We have the wisdom and the resources that our clients need to have their the best chance of a successful case outcome.
We serve clients in Erie County, Niagara County, Genesee County, Wyoming County, Chautauqua County, New York County, and the outer boroughs, and many other areas in the State of New York.  Reach out to us today for your free consultation.