Unauthorized trading is a civil offense of which there can be severe penalties for. In Florida, if trading is done without the clients permission lawsuits can be filed with the Financial Industry Regulatory Authorities “FINRA” Dispute Resolution Forum. In this forum causes of action under state and federal law can be filed. In Florida, claims against broker for unauthorized trading can be brought under the Florida Investor Protection Act, FL Statute Section 517, which may entitle the victim to treble (double) damages in addition to attorney’s fees and costs.
Soreide Law Group represents defrauded investors nationwide and is based in South Florida. They can represent clients throughout the litigation process, walking them through FINRA arbitration proceedings in order to ascertain the damages and get the compensation and justice victims deserve.
To read more about how one may be able to secure compensation from a broker for unauthorized trading, visit https://www.securitieslawyer.com
Soreide Law is represents many retirees, who are statistically more likely to be impacted by securities fraud or outright embezzlement from the financial professionals they trust since they may have trouble reading and understanding their brokerage statements.
If one has been impacted by fraudulent or negligent trading on the part of a securities broker or financial advisor, schedule a no-obligation consultation with the Soreide team. During this consultation, eligibility for representation will be discussed and recovery options will be explored depending on the nature of the case.
Soreide specializes in the FINRA arbitration process, which is a highly complex yet versatile litigation method that can achieve out-of-court settlement in a shorter amount of time than would otherwise be necessary. Their attorneys are intimately familiar with this process and can leverage a wide range of state and federal statutes in order to achieve a fair outcome for all involved.
Lars Soreide, the head attorney at the firm, has litigated cases before FINRA for over 15 years, otherwise known as the Financial Industry Regulatory Authority.
In the past, the Soreide Law Group has found success in cases involving everything from high-risk and unauthorized trading to excessive commission and excessive commissions or fees. The firm emphasizes that financial crimes are not always immediately obvious and that one should investigate immediately if one feels as though there may have been a victim of fraudulent behavior.
The firm advances all costs until victory is achieved, and will work with all clients efficiently, closley and respectfully to determine the path forward with the highest chance of securing recovery.
Those seeking representation in such a case can call 1-888-760-6552 or visit the Soreide website for more information regarding eligibility requirements.
To read more or schedule a consultation, visit https://www.securitieslawyer.com
Soreide Law Group
2401 East Atlantic Boulevard
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Study Champ journalist was involved in the writing and production of this article.