What Does a Stockbroker Fraud Lawyer in Florida Do?

If you are an investor who has been taken advantage of by a trusted broker or brokerage firm, turn to the top stock fraud lawyer in Florida and get the compensation and justice you deserve.

Our Clark Law Group attorneys are experienced in representing investors that have fallen victim to fraudulence at the hands of brokerage firms.

Or you can start by learning more about how we approach broker misconduct, unauthorized trading, securities arbitration, and litigation below.

Fraud lawyers, also referred to as fraud attorneys, work with their clients to mediate investment losses, securities litigation, and securities arbitration.

Most of these cases relate to stockbroker misconduct.

Examples of this misconduct include, but are not limited to:

  • Unauthorized Trading: Brokerage firms trading your investments without your permission
  • Churning: Excessive trading that results in unwanted financial commissions
  • Overconcentration: Using a small number of Florida securities to store significant financial amounts

Your investment fraud attorney can act as both your legal and financial adviser.

Earning income as an investor always carries some form of risk. However, when entrusting your investments with brokers, there is a level of professionalism to be expected. Some brokers do not abide by these expectations, which can put your financial standing in serious jeopardy.

Unfortunately, Florida securities fraud is not an uncommon experience for investors. The Financial Industry Regulatory Authority (FINRA) advises ways to avoid stock fraud.

Sometimes, financial scammers use sophisticated techniques to get people to give them their money.

To make sure you are not being scammed, you should at least verify their credentials. Investment professionals have to register with FINRA, and you can use their BrokerCkeck online tool to get more information on investment advisors or brokerage firms.

You shouldn’t feel obligated to invest to avoid scams because you got something for free and refuse to be rushed. If the offer is only available today or the investment opportunities are limited, consider it a warning sign.

However, it is impossible to protect investors entirely. If you have recently been a victim of securities fraud, your next investment should be Florida securities fraud lawyers.

A Stock Market Lawyer Explains Stock Market Fraud

The stock market is common ground for investors. Stocks are bought and sold daily, which means there is a lot of money to be made.

This also means there is ample opportunity for scams. Stock market fraud may include:

  • Insider trading
  • Churning
  • ‘Boiler rooms’

These scams most often consist of:

  • Tricking investors into selling their securities for absurdly low prices and then selling them on for inflated profit
  • Spreading misinformation to encourage sudden investment in securities, which ultimately lose their value
  • A fraudulent investment advisor plying investors with false information to manipulate the free market

Good investment advisers would warn a client against some of these scams and mediate risk tolerance. However, they can still be surprisingly hard to spot. This is especially true when the financial advisors themselves are sometimes the ones breaking the law.

If a trusted broker or brokerage firm has scammed you, a securities fraud lawyer in Florida could help you take legal action and obtain the compensation you deserve.

Stockbroker Fraud and Stock Frauds

Stockbroker and stock frauds are umbrella terms for many of the same scams. The most common example is the omission of relevant information when selling an investment.

A brokerage firm may withhold information about a potential risk, leading to a financial investment that actively harms your income.

It is not always obvious that this is a scam. You may feel responsible for research into your investments, therefore blaming yourself when you lose money.

It is the responsibility of the broker-dealer to disclose all information relating to investment volatility. Your personal risk tolerance is yours to decide, but the broker must fully inform you.

These actions are often against the law, which means you will require legal help to recover lost funds. Securities and investment fraud are two scams that fall under the umbrella of stockbroker fraud.

Our law firm, Clark Law Group, represents investors in cases of broker fraud. We specialize in the breach of fiduciary duty and securities fraud. Simply put, our fraud attorneys can protect you from some of the worst investment losses.

We have clients throughout Florida, including Tampa, Boca Raton, and various counties. Contact a stock lawyer Florida from Clark Law Group today if you need advice on protecting your funds from dishonest brokersup today.

Working With Stockbroker Fraud Attorneys

fraud lawyer in Florida should be your first financial advisor to recover financial losses and reduce the risk of future investment losses.

The well-being of Clark Law Group clients is our top priority. Keeping your investments and funds protected is serious business, so you need a serious attorney-client relationship.

There are multiple ways that stock brokers can scam investors. Listed below are some examples of how a broker could misuse your investment securities.


Securities Fraud

Securities fraud occurs due to an individual, a stock broker, or a separate organization. It is against the law and can have significant financial repercussions.

According to the FBI, this term includes various criminal activities, including Ponzi Schemes, Broker Embezzlement, Pyramid Schemes, and Hedge Fund Related Fraud. All these fraudulent practices involve deciding investors or financial markets manipulation.

It is most commonly enacted by feeding an investor false information to access their account or money. Common deceit is the promise of high returns on investment objectives. However, the investor is at risk of loss. FINRA details the numerous ways this fraudulent behavior can occur, highlighting how easy these scams fall for.

Although fraudsters use high-pressure and other tricks and tactics, there usually are warning signs you can identify. Using high-pressure tactics can certainly be one of them, along with the unsolicited offer for investment and asking for personal information over the phone or email.

Overall, if the offer sounds too good to be true, you may want to take some time to check if there have been any complaints against the company with state and federal securities regulators. You may also check the investment with a broker or an attorney.

If you suspect you have been a target of a scam artist, report the crime as soon as possible and file a complaint with the Securities and Exchange Commission.


Investment Fraud

Investment fraud is very similar to other fraudulent activities we have detailed. It differs because it often involves luring a potential investor into funding schemes or products that don’t really exist.

The scammers take the investor’s money, promise enormous returns, and then never deliver. Low-risk or no-risk investments and complex strategies are also typical for investment fraud schemes.

Investment schemes also target groups with a common interest, ethnicity, or religion and use that common interest to build trust and operate the scheme effectively. A perpetrator is usually a person regarded as trustworthy or capable of obtaining someone’s trust, and that’s what makes them so successful.

On account of this, numerous victims lose significant amounts of money in the hopes of turning a profit. Criminals are master manipulators, so there is no shame in falling for their schemes.

In addition to other advice, an investor should not invest in anything unless completely sure about it. Remember that websites can be set up quickly, so you shouldn’t judge the offer or the company based on their website.

Caution is also advised when responding to investment offers and dealing with financial institutions that are not from your county.

Stay educated via sources such as FINRA (Financial Industry Regulatory Authority, formerly known as the National Association of Securities Dealers NASD) and keep your wits about you.

If you suspect you have been scammed, contact us at Clark Securities Law Group.


Unauthorized Trading

When you work with a brokerage company you set yourself the process by getting information that the broker can use to manage those investment objectives.

This information will be asked by brokers only if the user does not volunteer for it. After you establish this relationship you are likely to be able to provide a written agreement with his or her trading company.

If you found a broker which makes such trades without your knowledge and permission you need immediate complaints and ask it to stop. Stockbroker misconduct attorneys can guide you through filing.


Churning is when a broker trades excessively on your account. If you find that this has happened to you, don’t worry. You can file a claim with the NASP and the New York Stock Exchange (NYSE) against it.

The new rule 2310-2 covers churning and the new Rule 408 of the NYSE also prohibits it. So if you have any questions about whether or not your broker has done this, contact them immediately!

You deserve to be treated fairly as a customer; not taken advantage of by unscrupulous brokers who trade excessively in order to make more money off of you.

That’s why we’re here for you every step of the way – filing claims if necessary and making sure that all our customers have access to fair trading practices so they don’t get scammed like so many others before them.

Looking for a Stockbroker Fraud Attorney in Your Area?

If you are looking for an experienced attorney, location and convenience may be a factor. Clark Law Group serves clients throughout Florida, and we deal with both litigation and arbitration.

Our firm operates in the following areas:

  • Tampa, St Petersburg
  • Boca Raton
  • Miami-Dade County
  • Broward County
  • Palm Beach County

For more information on the specific locations in Mid and South Florida, see our practice areas page.


Free Initial Consultation With a Florida Stock Fraud Lawyer

If you have lost money and require the assistance of an experienced law firm, contact us today for free consultation with our lawyers.

Whether you need help with litigation, securities arbitration, or breach of fiduciary duty, our law firm can help you achieve your most ideal outcome. This could be assisting you to recover funds, prosecution of the fraudulent broker, or securing compensation to make up for your financial losses.

You can find all of our contact information via our contact form. If you live in major Florida cities, such as Tampa or Boca Raton, or the surrounding area, we would be happy to answer any questions about handling your case.

Don’t wait to reclaim the money you are owed; fill out our contact form today!