Advisor Misconduct Attorneys

We represent institutional and individual investors around the world in their disputes with financial advisors. The law firm represents financial services professionals, registered investment advisors and broker-dealers in employment matters, industry disputes and regulatory investigations.

Over the years we have won ground breaking cases for our investor clients.

In 2022, a firm partner represented multiple athletes taken advantage of by financial advisor Darryl M. Cohen. Athletes involved included Lauren Holiday, Jrue Holiday, Chandler Parsons, and Courtney Lee, and investments of nearly $10 million. An Ernst & Young report in 2021 found that professional athletes reported almost $600 million in fraud-related losses from 2004 to 2019. Athletes and wealthy individuals are not immune to deceptive Financial Advisors, even at the large, big name firms.
In 2011, a firm partner was co-lead counsel and won the largest FINRA award to date in 2011 totaling $54 million. The award included $17 million in punitive damages and involved losses incurred by two individual investors who purchased Mat/ASTA, Citigroup’s leveraged municipal arbitrage fund that failed in February 2008. According to the Wall Street Journal, the arbitration award is the largest ever levied against a major Wall Street brokerage in favor of individual investors.
The firm and its partners have served as lead class action counsel in federal and state court.

A suitability claim is one of the most common customer claims made to a panel of FINRA securities arbitrators. Did you ever wonder why investment professionals ask questions about your investment experience, risk tolerance and more? FINRA’s suitability rule, FINRA Rule 2111, is based on a fundamental FINRA requirement that brokerage firms and their associated persons (sometimes referred to as brokers, financial advisers or financial consultants) deal fairly with their customers. FINRA has prepared this document to educate investors about our suitability rule—and to explain the reasons why firms and their associated persons may ask their customers questions about their financial situation.

We represent investors with these and other types of investment fraud and financial advisor misconduct cases.