FINRA Arbitration Claims May Help Investors to Recover Some Losses
Stock market volatility during the last couple months has turned an unparalleled health crisis into an unprecedented economic one. While not all stock market losses are compensable, some investors may be able to recover through an arbitration claim with the Financial Industry Regulatory Agency (FINRA). Levin Law, P.A. (“Levin Law”) has helped victims of stockbroker misconduct and investment fraud recover millions. Stockbrokers and investment professionals have a duty to make suitable recommendations and fully disclose risks associated with those recommendations. Failure to do so can result in financial institutions being liable for damages.
Some of the investors that have been hardest hit include those that were recommended risky enhancement strategies such as the UBS Yield Enhancement Strategy, and other yield enhancement strategies. Additionally, investors who were advised to invest heavily in a sector such as oil, gas, and energy leading to portfolio over concentration likely have experienced substantial losses in a short period of time. Furthermore, the recommendation to invest in structured notes such as autocallables and callable yield notes may have been unsuitable for the average retail investor. Also, individuals whose advisors recommended that they heavily invest in investing in REITS, mortgage-based securities, private equity, private placements, and business development companies likely suffered significant losses during the most recent market downturn.
If you suffered losses as a result of your stockbroker, banker, or investment advisor’s negligence or intentional wrongdoing, Attorney Brian Levin may be able to help you recover damages through a FINRA arbitration or class action. Financial institutions can be held liable for making unsuitable recommendations, failing to disclose material risks, or over concentrating an individual’s portfolio. Contact Levin Law today to schedule a free case consultation and to determine your legal options. You can call our offices at (855) 862-2306, submit an inquiry online, or send an email to co*****@le********.com. At Levin Law, most cases are handled on a contingency fee basis; this means you would not be obligated to pay attorney’s fees unless we recover money on your behalf.
