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Product Failure Lawyers

For decades Wall Street firms have focused their marketing and investor recommendations on securities products.

Why Investors Need a Securities Attorney When an Investment Product Implodes

Not surprisingly, securities products tend to be highly commissioned and rarely perform as well as traditional asset classes such as bonds, equities or cash. Many products seem easy to understand and are marketed to investors as safe alternatives to bonds or the stock market. These representations are all too often misleading and the products themselves may be baskets of risky financial instruments that most investors would never purchase.

Bakhtiari & Harrison Represents Investors in Claims Involving Failed Securities Products

Bakhtiari & Harrison has represented investors with securities related product failures in these as well as other matters. We frequently represent investors in disputes with their financial advisor, brokerage firm or advisory firm. Common claims for failed products can include:

Many times product failure claims are litigated in FINRA arbitration. A failed investment product can also harm the career of an investment professional who owes a fiduciary duty to their customers.  Responsible investment professionals can take steps to work with experienced securities attorneys to assist their cusomters in recovering losses from failed investment products.

The Importance of Selection of Experienced Counsel Product Failure

The retention of an attorney and law firm is an important decision made with great care. Please review our web site and examine our Experience and Credentials. The choice of counsel may be the single most important decision a litigant makes either before or after a dispute arises. Also read more about The Importance of Selection of Counsel. Many investors understand that an investment product failure has occured, however, product failure cases require the most experienced counsel to navatigate the pitfalls of mutiple cliams, different lawfirms all of which may have conflicts and competing interests.

Securities Class Actions vs. Individual FINRA Claims

For investors harmed by securities fraud or broker misconduct, two primary paths to recovery emerge: the securities class action lawsuit and the individual Financial Industry Regulatory Authority (FINRA) arbitration claim. A class action pools the resources of many similarly affected investors to challenge a large corporation in federal court. An individual FINRA claim, conversely, is a private, more streamlined process where you directly confront your broker or their firm in a binding arbitration setting. Each path has distinct processes, advantages, and strategic implications. Choosing the right one depends entirely on the unique circumstances of your case.

In product failure cases, the choice between joining a securities class action and filing an individual FINRA arbitration claim is one of the most critical decisions an investor will make. A securities class action offers the strength of collective action against corporate fraud, providing a cost-effective, passive route to a potential recovery, albeit one that is often delayed and represents a smaller percentage of individual losses. Conversely, an individual FINRA claim provides a faster, more personalized path to justice against a broker or firm, offering greater control and the potential for a more substantial recovery of your specific damages.