We are a securities litigation law firm that helps investors nationwide recover their fraudulent investment losses.
As a securities investor, you rely on public companies to release complete and accurate information, and you rely on your broker or advisor to help you make informed investment decisions. You also depend on your broker or advisor to only make trades you approve, and you trust that he or she will charge reasonable fees and manage your account with your best interests in mind. Unfortunately, too often, this reliance and trust are misplaced. Securities fraud is a pervasive issue, and many investors find themselves in need of a securities litigation law firm.
We Help Aggrieved Investors Recover Their Losses in FINRA Arbitration & More
At Zamansky LLC, we help aggrieved investors recover their fraudulent investment losses. Not only is this what we do, but this is all we do. We are a securities litigation law firm for investors—full stop. We do not handle other types of cases, and we never represent companies, brokers or advisors in defense of investors’ securities fraud claims.
The attorneys in our firm handle securities litigation in both court and arbitration proceedings, and much of our practice involves representing aggrieved investors in FINRA arbitration. The Financial Industry Regulatory Authority (FINRA) is tasked with holding brokers and advisors accountable to their clients, and FINRA arbitration provides a forum specifically for investors who need to recover their fraudulent investment losses.
With decades of experience and many millions of dollars recovered, our securities litigation attorneys help investors recover losses resulting from fraudulent practices such as:
- Stockbroker fraud
- Investment advisor fraud
- Hedge fund fraud
- Mutual fund fraud
- Corporate securities fraud
- ERISA violations
- Ponzi schemes and other investment fraud scams
If you have experienced substantial losses in your investment portfolio that do not appear to be explained by market factors, you should immediately contact our securities litigation law firm. We will arrange for you to speak with one of our experienced attorneys one-on-one, and we can take immediate legal action to preserve your recovery options if necessary.
When Can You File for FINRA Arbitration?
FINRA arbitration is an option for investors who have lost money in their portfolios due to stockbroker or investment advisor fraud. Firms and individual brokers and advisors are required to arbitrate most disputes with their clients, and brokerage and advisory services agreements typically include mandatory arbitration provisions.
You can file for FINRA arbitration if you have a claim against your broker or advisor for investment fraud. This includes all forms of fraud—from overconcentrating investments and providing self-interested investment advice to charging excessive fees and making unauthorized trades. You can initiate FINRA arbitration at any time within six years of the date of the fraudulent act—although it is best to engage a securities litigation law firm as soon as possible.
What Happens in FINRA Arbitration?
You can think of FINRA arbitration as a condensed and less-formal version of litigating a securities fraud claim in court. You initiate the process by filing a Statement of Claim, and then your broker or advisor will file a response. After this, the arbitrator schedules a prehearing conference, and you and your broker or advisor engage in discovery. After going through various prehearing procedures and possibly entering into settlement negotiations, your securities litigation law firm and your broker’s or advisor’s firm will present your respective cases to the arbitrator.
At the end of this process, the arbitrator renders a binding decision. If the arbitrator determines that you are a victim of securities fraud, it will issue an award that your broker or advisor will be required to pay within 30 days. If the arbitrator rules against you, you and your securities litigation law firm will need to determine if you have grounds to file an appeal.
Zamansky, LLC is Securities Litigation Law Firm That Can Take Your Case to Court
You can file a securities fraud lawsuit if you have any type of claim that is not subject to mandatory arbitration. This includes claims against your employer for ERISA violations, claims against publicly-traded companies for disclosure violations and market manipulation, and claims against other individuals and companies that have committed fraudulent acts.
Many securities fraud cases are filed under Rule 10b-5 of the Securities Exchange Act of 1934. The statute of limitations for Rule 10b-5 claims is two years from the date that you discover the fraud, provided that you may not file a claim more than five years after the fraud occurs. Other types of securities fraud claims are subject to longer statutes of limitations; but, in any case, it is important that you engage a securities litigation law firm as soon as possible.
Does a Securities Litigation Claim Mean I’m Going to Trial?
Securities litigation in court is a complex legal process. If your case goes to trial, it could easily take a year or longer to resolve. But, if you are facing substantial investment losses, it could be well worth the time and effort to engage a securities litigation law firm to enforce your legal rights.
While going to trial is a possibility, many securities litigation cases settle out of court. Once a case gets past the initial pleadings stage and into discovery, both parties will often have the information they need in order to make informed decisions about settlement.
If a case does not settle, it will go through pretrial procedures, and one or both parties may seek summary judgment or dismissal in order to prevent the case from going to trial. If the judge determines that your case should move forward, then the attorneys for both sides will present their evidence and arguments at trial; and, at the end of the process, the court will issue a final order (which will be subject to appeal).
Our Attorneys Handle Large-Scale Securities Class Action Litigation
In addition to representing individual investors in securities fraud litigation, we handle large-scale securities class action cases as well. Much of our class action practice focuses on ERISA violations, although we also handle cases involving hedge fund fraud, Ponzi schemes and other issues. If you have questions about a securities fraud class action, one of our attorneys would be happy to speak with you, and we encourage you to contact us 24/7 to arrange a free initial consultation.
When Can Investors Form a Securities Class Action?
Class action securities litigation affords individual investors the opportunity to recover their losses when their losses may not be sufficient to justify the costs of single-plaintiff litigation. ERISA violations, hedge fund fraud, real estate investment trust (REIT) fraud, and various forms of corporate and brokerage firm fraud can all potentially support class action claims.
Similar to single-plaintiff securities litigation, the statute of limitations for class action claims varies depending on the specific issue(s) involved.
Are you a victim of securities fraud? If so, you may need to act promptly to protect your legal rights. Contact Zamansky LLC for a free, no-obligation consultation now.
Engaging a Securities Litigation Law Firm is the First Step Toward Recovering Your Losses
Regardless of which type of litigation you need to pursue, engaging a securities litigation law firm is the first step toward recovering your losses. At Zamansky LLC, we have decades of experience representing individual investors and classes of investors, and we rely on this experience to aggressively pursue compensation for our clients’ fraudulent investment losses.
For more information about how we help aggrieved investors in securities fraud cases, call us at 212-742-1414 or contact us online. Your initial consultation is free and confidential, and you pay nothing unless we win.