Florida Securities Lawyer

If you have suffered losses due to the negligent or malicious acts of a trusted broker or financial advisor, a Florida securities lawyer may assist you.

Do You Need Help With a Securities Matter?

The majority of Americans want to build wealth, invest smart, retire early, and enjoy life. This has made many individuals invest in securities and commodities through college savings plans, retirement accounts, bonds, stocks, and so forth.

However, due to the complex nature of the securities market, many investors often depend on the guidance and professional expertise of stockbrokers, brokerage firms, and financial advisors. Unfortunately, many investors have fallen victim to the negligent or fraudulent actions of these stockbrokers and financial experts.

Securities fraud, also known as stock fraud or broker fraud, involves illegal or unethical activities carried out in the securities or asset markets to profit at the investors’ expense.

It involves using deceptive means or false information to convince investors to make a sale or purchase decision. Such fraudulent acts may be committed by an individual, such as a stockbroker or financial advisor, or an organization, such as an investment bank or brokerage firm.

At Clark Law Group, P.A., we are dedicated to providing experienced legal guidance and protecting the rights of investment fraud victims. Attorney Joshua D. Clark and his legal staff can evaluate your unique situation and help you understand your available legal options to hold financial institutions accountable.

Our experienced securities fraud legal advisor will fight vigorously to protect your rights and attempt to help you recover part or all your losses through formal securities litigation or arbitration.

Experienced Securities Attorney Florida

Every year, an estimated $40 billion is lost to securities and investment fraud. If you’ve been persuaded to buy or sell securities based on deceptive information, an experienced attorney can help protect your rights and recover your losses.

At Clark Law Group, P.A., we have years of experience representing clients and business owners against stockbrokers, financial advisors, broker-dealers, and financial advisors. We can help you understand your available legal options to pursue damages and recover your money.

Our law firm proudly represents clients throughout several Florida cities, including Fort Lauderdale, Boca Raton, Tampa, St. Petersburg, Broward County, Miami-Dade County, Palm Beach County, and beyond.

If you’ve suffered losses due to the negligence, breach of fiduciary duty, or false information of an investment advisor, stockbroker, or brokerage firm—you may pursue damages for your loss.

Our experienced securities lawyers can hold the financial institution liable for fraudulent activities that cause you to lose your hard-earned money. Call Clark Law Group, P.A. today to schedule a free consultation.

Florida Securities Law

The Florida Division of Securities under the Florida Office of Financial Regulation is responsible for regulating transactions, including sale and purchase, involving securities within the parameters of Florida law.

According to Florida Statutes Section 517.301, it is unlawful and a violation of the provisions of the Florida Securities and Investor Protection Act for a person in connection with the rendering of any investment advice or connection with the offer, sale, or purchase of any investment or security:

  • To employ any device, scheme, or artifice to defraud
  • To obtain money or property through any untrue statement of a material fact.
  • To engage in any transaction, practice, or course of business that operates or would operate as a fraud or deceit upon a person in the state of Florida.

Different Forms of Securities Fraud

There are many different types of securities fraud, and they can be committed by anyone involved in the process, including investors, brokers, dealers, issuers, and even regulators.

You need to understand what kinds of acts fall under this umbrella so you can protect yourself from becoming a victim.

Here are some common forms of securities fraud that you should know about if you want to avoid being scammed out your money:

High Yield Investment Fraud

High Yield Investment Fraud (HYIF) is a type of security fraud that targets investors with the promise of high returns on their investments. It’s also known as an “advance fee scheme,” which means it requires upfront payment from victims before they can receive any money back.

This scam has been around for decades and continues to be one of the most common types of securities fraud in the U.S today. If you think someone might be trying to defraud you or you have already fallen victim, contact us now, and we will help you protect yourself and your financial future.

Ponzi Schemes

A Ponzi scheme is an investment fraud that involves the payment of purported returns to existing investors from funds contributed by new investors.

With both types of schemes, there’s no legitimate business activity behind it, and eventually, the company will collapse. This leaves many victims with nothing but losses.

If you have been contacted about investing in one of these companies or are considering investing your money into one, contact us today for a free consultation. We can help determine if this could be considered securities fraud and how we can best protect your interests as an investor.

Pyramid Schemes

A pyramid scheme is an investment model that recruits members through a promise of payments or financial services for enrolling new people into the scheme. Just like Ponzi schemes, pyramid schemes use new investors’ funds to pay the earlier investors.

Advance Fee Schemes

In advance fee schemes, victims are encouraged to pay a relatively small amount of money with the hope of getting something of greater value, such as a loan, investment, contract, or gift. Unfortunately, the gains never materialize, and the victim receives little or nothing in return.

Foreign Currency Fraud

Foreign currency fraud is a trading scheme used to defraud traders by convincing the trader to anticipate high-profit gain by trading in foreign currencies.

Broker Embezzlement

Broker embezzlement is a type of fraud whereby a stockbroker or brokerage firm attains assets or money legally but uses them for unintended purposes.

Hedge Fund Fraud

Hedge fund fraud includes misleading statements and false information about the hedge fund and its performance, false promises of high returns on hedge funds, and more.

Late Day Dreaming

Late-day trading involves placing orders to buy or redeem shares or stocks after calculating the net asset value. Thus, allowing purchasers to profit illegally.

Our Securities Arbitration Law Office Practice Areas

If you suffered serious investment losses due to a stockbroker or brokerage firm’s negligent or malicious acts, you need to act quickly and consult with a knowledgeable securities fraud attorney.

At Clark Law Group, P.A., our attorneys have devoted their careers to handling investment fraud cases and aiding victims’ protection and financial recovery.

As your legal counsel, we will create an attorney-client relationship that gives you confidentiality.  Among our services, we can help you in the following ways:

  • Fight diligently to protect your rights and represent your best interests
  • Review your relationship with your stockbroker, investment adviser, or brokerage firm
  • Gather relevant financial documents, important records, and necessary documentations
  • Conduct a thorough, private investigation into your case
  • Estimate the total losses sustained or amount of money lost
  • Determine the best way to pursue damage and recover your losses
  • Advise you on how to protect yourself from future broker misconduct, investment scams, and security fraud.
  • Provide resources to help you make informed investment decisions.

Using their extensive experience and understanding of the law, our attorneys will determine the exact legal actions to take to help recover full and fair financial compensation for your investment losses.

We may be able to recover your losses through a Financial Industry Regulatory Authority (FINRA) securities arbitration claim.

Florida Securities Act

The securities laws are codified in Florida Statutes Chapter 517, otherwise known as the Florida Securities Act. If you have any questions about the Act, the knowledgeable securities attorneys at Clark Law Group, P.A. are available to help. It should be noted that the Securities and Exchange Commission (SEC) also governs some aspects of the investment industry.

Contact a Securities Attorney for a Free Consultation

If you have been a victim of securities fraud in Florida, you’re not alone, and you have no reason to feel embarrassed. Contact Clark Law Group, P.A. today to schedule a one-on-one case assessment.

Our contact form is straightforward, making it easy to connect with an attorney serving Tampa, Fort Lauderdale, Boca Raton, St. Petersburg, Broward County, Miami-Dade County, Palm Beach County, and other Florida communities.

Call our law office today for knowledgeable guidance and experienced representation no matter your location.