How do I know if my broker is liable for my losses?

First, you need to decide if your loss is attributable to a 'Market Loss' (the same decline as the general market percentage) or is something greater. Suitability is also important as a deciding factor because a retiree, for example, should not be in risky investments. Further, failing to limit losses and excessive trading is also something that could lead to broker liability. Additionally, you may have a case based on misrepresentations and excessive leverage. There are many more ways you could have a claim besides what is mentioned here. If you have any questions please feel free to call Lars Soreide to discuss your case.

How to choose an attorney?

You should choose an attorney based on reputation, experience, past awards, responsiveness, and trust. If you have questions for Lars Soreide, Esq., he can discuss similar cases and what he has done to induce settlements and awards.

There is no fee if no recovery at Soreide Law Group. In addition, there are nominal forum fees for FINRA depending on your loss. However, there may be nominal travel expenses that come out of the settlement/award. If you have any concerns about fees please discuss them with us.

What is the Financial Industry Regulatory Authority (FINRA)?

The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. Further, FINRA's mission is to protect America's investors by ensuring that the securities industry operates fairly and honestly. All told, FINRA oversees about 4,400 brokerage firms, about 162,930 branch offices, and approximately 630,020 registered securities representatives.

How do I commence an arbitration?

Filing a claim with FINRA is easy with Soreide Law Group, please contact us at your convenience.

Where is the hearing location?

The hearing location is typically at the FINRA hearing location nearest to where the investor lived at the time of the investment. However, this can be changed if agreed upon by all parties.

Does it matter that we are in different states?

No, we will travel to the hearing location that FINRA assigns. For instance, the vast majority of our clients are out of state. We allow the opportunity to call, email, fax, video chat, and share files electronically, in addition to traditional mail so it makes no difference where our main office is located. Our goal is to make it easy for you.

What is FINRA Arbitration?

The Financial Industry Regulatory Authority or FINRA is the binding dispute resolution forum that all securities disputes against brokers and brokerage firms are submitted. These arbitration are decided by a panel made up of typically 3 arbitrators who are knowledgeable in the area of securities laws and regulation. The U.S. Supreme Court decision, Shearson v. MacMahon, 482 U.S. 220 (1987) enforced mandatory binding arbitration clauses in the securities industry. One of the most important legal aspects is that arbitration awards are final and binding, subject to review by a court only on a very limited basis. FINRA used to be formerly known as the National Association of Securities Dealers or the NASD.

How do I commence an Arbitration?

TArbitrations begin by filing a statement of claim with FINRA’s headquarters, together with a submission agreement and the required fees. Prior to filing the Statement of Claim, in most cases, we will have an initial damage analysis performed by a forensic accountant. Depending on the nature of the case, a damage analysis may not be necessary..

How much does it cost to retain your firm?

We accept cases on a contingency fee basis meaning we do not get paid for our time. Rather, we only get paid in the event of a recovery.

In addition to securities cases what types of professionals do you represent?

We represent all Florida licensed professionals before the Department of Business and Professional Regulation, Department of Health, Florida Department of Banking and Finance, now the Florida Office of Financial Regulation, and attorneys. We also represent attorney applicants before the Florida Board of Bar Examiners and the Florida Bar Grievance Committee.

Securities Lawyers

Schedule Your Free Phone or Virtual Zoom Consultation

FREE CONSULTATION: 1-888-760-6552

Victim of Broker Fraud? Our lawyers can help. No fee if no recovery.

Request A Free Legal Consultation

Millions of Dollars of Securities Fraud Claims brought before the Financial Industry Regulatory Authority (“FINRA”).
9 out of 10 Securities Arbitrations brought by Soreide Law Group have resulted in a monetary recovery for the investor. We Advance All Costs.

Did Your Broker or Financial Advisor…

1 Recommend risky investments?

2 Excessively trade your account?

3 Execute unauthorized trades?

4 Over-concentrate your portfolio?

5 Earn huge commissions while you lost money?

6 Excessive use of margin?

7 Recommend unsuitable investments?

8 Sell you a high risk private placement?

9 Sell you highly leveraged ETF’s?

10 Fail to limit securities losses?

11 Oil, Gas & MLP Losses?

Click Here for More Info

12 GWG Bonds Losses?

Click Here for More Info

If you answered YES to any of these questions, call our securities lawyer today.

CLICK HERE

TO CONTACT US RIGHT NOW

Signs You Have a Claim

RETIREMENT OR IRA LOSSES
NO DOWNSIDE WARNINGS
ORDER TICKETS ALWAYS MARKED “UNSOLICITED”
OVERTRADING IN YOUR ACCOUNT
BROKER OVER PROMISED
BROKER PRESSURES YOU
TRADES ARE PLACED CONSTANTLY
BROKER SOLD PRIVATE SECURITIES
TOLD INVESTMENTS WILL ALL BOUNCE BACK

Securities Lawyer Blog

Jovi San Nicolas Barred, Involved In Client Dispute
by SecuritiesAuthor on May 28, 2022 at 5:50 pm
FINRA Bars Javelin San Nicolas As Securities Broker Notably, FINRA […]
Daniel Soliman Involved In Traderfield Investor Dispute
by SecuritiesAuthor on May 27, 2022 at 5:45 pm
Investor Alleges Traderfield, Daniel Soliman Misrepresented Information […]
Keith Holcomb Suspended, Involved In MML Investor Dispute
by SecuritiesAuthor on May 26, 2022 at 5:39 pm
FINRA Suspends Keith Holcomb (MML Investor Services) Soreide Law Group […]

ALL SECURITIES LAWYER CONSULTATIONS ARE FREE

WE ADVANCE ALL COSTS
NO FEE IF NO RECOVERY

FREE CONSULTATION

Client Distinction Award - Securities Law

As Seen On

NO FEE IF NO RECOVERY

You pay nothing up front, we only get paid if you do. Your best interests are also ours.

WE ADVANCE ALL COSTS

We advance all costs for your case so you will never have to write a check for us to pursue your claim.

CLIENT FOCUS

We believe our clients are a priority and you will deal directly with our lawyers, not paralegals and other support staff.

ALL 50 STATES

Your location is not an issue, we take cases in all 50 states. We have active cases all over the country.

Reviews

Lars took the time to keep me posted and explain the processes to me. He knew the best way to proceed, and I was very pleased with the outcome!
Randy Kertzman
What I can say except Lars is amazing and gets the job done. He communicates with a high sense of urgency and made the long process
understandable and professional for me..
Drew Klepper
Lars was extremely knowledgable and professional. He was always prompt in our communications, and made sure I knew exactly what was going on throughout the entire process. He is very personable, and made me feel at ease. I would recommend him to anyone I know!
Hayley Crosby
Lars is the lawyers lawyer. He’s one of the best to navigate legal and administrative matters in both state and federal courts respectively. Like others have said and will say — he is great with communication and provides outstanding guidance. I would recommend him to anyone and say he is the best at what he does.
Michael Darwish
Lars got the job done and I’m very happy with the results. Many said I had no case because of my age. Lars looked at the facts... took the case and didn’t just win .... he WON BIG!!!!
Ashley Hazen
Lars has the knowledge, skills and professional attitude to zero in on the key issues and is I afraid to take on the “big”. The most important attribute is that he delivers on his promises. I would not hesitate to engage him in the future. Thanks, Lars!
Clint Wentz
I had been taken advantage of and defrauded by a company. Soriede Law Group took the case and was able to recover a portion of my losses. He is honest and works hard. I would use him again if required.
Andy Rhoads
Positive: Professionalism , Quality , Responsiveness Very satisfied with this firm and the services they provide. Lars is transparent, communicative, and efficient. I knew I was in good hands from the moment I hired him. I highly recommend the Soreide Law Group.
Jose J. Cruz-Pagan
Lars Soreide Esq. was professional throughout the case. It was first time for us to ask for legal assistance from overseas (as we are based in Japan), but we were never treated lightly or carelessly. Thanks to him, we were able to reach a fair conclusion. We are grateful and happy about what he has done for us.
Hitomi Tachiiri
Just when you think there is no recourse in confronting a large, indifferent,
uncaring organization, the Soreide Law Group comes to the rescue.
Lars and his team elevate the status of ethical legal professionals everywhere. Our gratitude to the Soreide Law Group is lifelong and unlimited.
kevin tully

DISCUSS YOUR LOSSES WITH OUR SECURITIES LAWYERS FOR FREE.
WE TRY CASES NATIONWIDE BEFORE FINRA