Investment Fraud Attorney

Becoming a victim of investment fraud can be a painful experience. You may have lost a lot of money and may be feeling as if there is nothing you can do to fight back. With Galvin Legal on your side, you can take action. If you need an experienced Investment Fraud Attorney, contact our firm today to learn about your rights. The capable attorneys at Galvin Legal work aggressively to help clients obtain the justice they deserve. We are based in Houston, Texas, but handle cases nationwide. We work hard to hold fraudulent stockbrokers accountable. We are skilled at handling claims involving negligence, fraud and misrepresentation of financial products.

What is Investment Fraud?

Investors typically trust their brokers to act professionally and handle their investments responsibly – whether they have purchased securities, invested in stocks or bonds or made other investments. Unfortunately, some brokers engage in deceptive trade practices or schemes to promote fraudulent activity. They hide these fraudulent practices from investors, who might find out long after they’ve lost money. The brokers might buy or sell securities simply to generate commissions. They might even buy or sell securities without your permission, or make false promises about the investment’s performance.

3 views · Posted Jul 24

Securities Lawyer

Galvin Legal is launching an investigation on behalf of investors who suffered losses investing in Penneco Drilling Associates 2004-1 at the recommendation of their financial adviso.

According to FINRA Rule 2111, broker-dealers and associated persons are required to have a reasonable basis to believe that a recommended transaction or investment strategy involving a Securities Lawyer or securities is suitable for the customer. A customer’s investment profile includes, but is not limited to, the customer’s age, other investments, financial situation and needs, tax status, investment objectives, investment experience, investment time horizon, liquidity needs, risk tolerance, and any other information the customer may disclose.

Investment Fraud Lawyer

Galvin Legal is launching an investigation on behalf of investors who suffered losses investing in Penneco Drilling Associates 2004-1 at the recommendation of their financial advisor.

Investment fraud involves the illegal sale or purported sale of financial instruments. The typical   Investment Fraud Lawyer  schemes are characterized by offers of low- or no-risk investments, guaranteed returns, overly-consistent returns, complex strategies, or unregistered securities.

If you have suffered investment losses as a result of your broker’s investment recommendations, then you may have a claim to recover those losses in a FINRA Securities Mediation claim. GALVIN LEGAL, PLLC can help investors recover investment losses anywhere across the nation.

Recover Investment Losses

Broker-dealers and connected persons have three main suitability obligations.  First, the reasonable-basis obligations requires that there be a reasonable basis to believe, based on reasonable diligence, that the recommendation is suitable for at least some investors.  Second, the customer-specific obligation requires that there be a reasonable basis to believe that the recommendation is suitable for a particular customer based on that customer’s investment profile.  Finally, quantitative suitability requires that a broker-dealer or associated person who has actual or de facto control over a customer account to have a reasonable basis for believing that a series of recommended transactions, even if suitable on their own, are not excessive or unsuitable for the customer taken together.

if you have suffered losses on investments recommended to you by your broker, then Galvin Legal may be able to help you Recover Investment Losses in a Financial Industry Regulatory Authority (“FINRA“) arbitration claim.