Securities Fraud Attorneys
Serving Biloxi and all of Mississippi
Public investors involved in the investing and trading of securities are protected by careful rules and regulation. State and federal entities work together to provide this regulation. Violating the rules of securities investing is illegal. Using deception in an effort to take advantage of and cheat investors is known as securities fraud.
The most likely individuals/professionals to commit securities fraud include:
- Brokers/dealers, who may advise using "inside" information or mislead their clients
- Financial advisors or analysts, who can intentionally and purposefully offer bad investment advice and/or inside information
- Corporations, who may hide, distort, or otherwise manipulate information
- Investors, who may solicit and act on inside/privileged information
Note that the vast majority of investment losses (and gains) are the product of "natural" market forces and trends, which have absolutely nothing to do with securities fraud.
Similarly, the vast majority of investment advisors and stockbrokers work within the legal boundaries of securities investment. They are honest individuals who offer a valuable service to the public and hone their abilities to draw the best profitibility from the market legally.
However, unfortunately there does exist a small amount of unethical, dishonest advisors and other investment professionals as well as an equal proportion of brokerage firms who offer inadequate oversight and supervision. Therefore, participation in securities investing (stocks, bonds, options, limited partnerships, mutual funds, certain commodities, etc.) should be done with care.
If you are an investor and have experienced problems with your investments, stockbroker, or advisor, you may have been the victim of securities fraud. Too often, defrauded investors are unaware of the problems with their investments until it is too late. Even after the losses have occurred, however, you have rights of recourse. You should be aware that you may have an opportunity for recovery of your losses. Additionally, you may be entitled to compensation for any income lost through investment (e.g., income that investments should have been generating), interest on losses, and legal fees. Review the following questions. Answering "yes" to any may be a sign that you have been a victim of securities fraud:
- Have you received bad investment advice?
- Has your stockbroker recommended risky investments while neglecting to explaining the risks?
- Has your stockbroker made trades without securing your understanding or authorization?
- Has your account been excessively traded by your broker?
If you or a loved one is in need of legal assistance, call Reeves & Mestayer, PLLC at 228-374-5151 or toll free 1-877-377-5152 or submit an online questionnaire. The initial consultation is free of charge, and if we agree to handle your case, we will work on a contingency fee basis, which means we get paid for our services only if there is a monetary recovery of funds. In many cases, a lawsuit must be filed before an applicable expiration date, known as a statute of limitations. Please call right away to ensure that you do not waive your right to possible compensation.
