Investment Fraud Claims
Investment fraud is a deceptive practice where financial advisors induce an investor to purchase or sell an investment based on inaccurate or inaccurate information. This type of fraud comes in all shapes and sizes and can impact anyone who relies on another for investment advice and/or guidance. Investment and securities fraud arising out of allegations that losses are the result of misconduct by the financial advisor, not related to market forces or market conditions. Investment fraud frequently results in steep financial losses as well as violations of securities laws.
Many times we see investment fraud claims where the financial advisors lie about an investment, do not tell the entire truth about the investment, or omit part of the truth when they attempt to “pitch” the investments. Sales phrases such as “once in a lifetime,” “guaranteed winners,” “risk-free,” and “only available for a limited time,” should raise red flags are the statements are often associated with high-pressure sales tactics designed to sell an investment. Typically, financial advisors who use these phrases are looking out for their own interests (by way of a large commission or payment) and not looking out for their client’s best interests.
Below you will find a variety of different causes of action related to investment fraud claims that we may be able to advance against your financial advisors.
- Financial Advisor Negligence
- Breach of Fiduciary Duty
- Misrepresentations and Omissions
- Investment Fraud
- Unsuitability / Unsuitable Investments
- Churning/Excessive Stock Trading
- Reverse Churning
- Unauthorized Trading
- Over Concentration Investment
- Failure to Supervise
- Variable Annuity Fraud
- Private Placement
- What is a Real Estate Investment Trust (REIT)
- Ponzi Schemes
- Elder Abuse
Recoup Your Losses with Help from a Tampa Investment Fraud Lawyer
When you hire a financial advisor, a lot of trust goes into letting them help manage your investments. You need to be able to believe that they’re always acting in your best interest, providing accurate info, and making moves with your permission.
When financial advisors fail to abide by those key principles, they’re likely committing investment fraud, which could open you up to serious financial losses. Worse yet, their actions could constitute a violation of securities laws, putting you at risk of legal repercussions.
So, if you suspect fraud, it’s important to seek help from our experienced Tampa investment fraud lawyers at The Schwartz Law Firm. We’re here to help you see the situation clearly, potentially recoup your losses, and avoid other legal problems. You just have to give us a call anytime to schedule a free consultation to get the help you need.
Contact Our Firm If You Have Been a Victim of Investment Fraud
At the Schwartz Law Firm, we are aggressive, creative, and results-oriented. We have successfully represented clients in a wide variety of investment fraud claims and disputes and would be happy to speak with you about yours.
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Signs You Need To File Investment Fraud Claims
Whether you’re looking to hire a financial advisor or have been working with the same one for years, watch for the following signs of investment fraud to stay safe from serious losses.
Red Flag Phrases
No investment is ever a surefire win. Risks are always a part of the equation – even when the market conditions clearly look like they’re in your favor. So, if your financial advisor guarantees a return or tells you that the investments don’t carry any risk to you, run the other way. They shouldn’t rush you to make a decision either by telling you that the investments are only available for a short time.
Inability to Get Reports
Your financial advisor should be able to show you all your investments on demand. If they stop sending timely reports or drag their feet when you ask for updates, that’s a red flag, for sure. They may be trying to buy time to cover up their unauthorized trades or other nefarious actions, allowing your losses to pile up.
Steep Financial Losses
Although investments carry a risk of losses, you shouldn’t see a marked decrease in your balances in a short period of time. If you do, your financial advisor should be able to show you exactly what happened and why. If they cannot or their explanation doesn’t add up, then you likely need to pull your investments and speak with a Tampa investment fraud lawyer.
Investment fraud can quickly eat through your life savings, resulting in a zero balance or worse. So, don’t delay speaking with an investment fraud lawyer if you suspect something is wrong with your accounts. Your lawyer will look over the situation from top to bottom to help you figure out what’s going on.
When to Call an Investment Fraud Lawyer for Help
If you suspect you’re a victim of investment fraud, call 813-226-3372 to reach our team at The Schwartz Law Firm and schedule a free consultation. At that appointment, you’ll get to meet with a skilled and experienced investment fraud lawyer and discuss your situation.
During your meeting, we’ll help you explore the possibility that investment fraud occurred and let you know if it’s possible to recoup your losses. They’ll also help you move through all the necessary reporting steps to hold the advisor responsible for their actions. We look forward to helping you protect your investments for the long term, so give us a call today.
Investment fraud can quickly eat through your life savings, resulting in a zero balance or worse. So, don’t delay speaking with an investment fraud lawyer if you suspect something is wrong with your accounts. Your lawyer will look over the situation from top to bottom to help you figure out what’s going on.