Florida Securities Attorney | Goodman & Nekvasil P.A. May Recover Investor Losses
Florida Securities Attorney – Free Consultation 800-500-4442
The Florida securities attorney at Goodman & Nekvasil P.A. represents individuals involved in securities arbitration before the Financial Industry Regulatory Authority (FINRA). Our securities attorney handles securities arbitrations in Miami, Orlando. Jacksonville, Tampa, Naples, Fort Lauderdale, Boca Raton, Tallahassee, Lake Worth, Naples, St. Petersburg, Pensacola, Gainesville, Clearwater, Key West, Palm Beach, Daytona Beach as well as all the unique small inland towns and coastal communities in Florida.
Goodman & Nekvasil P.A. represents investors who have suffered substantial financial losses in their financial portfolios. Our clients often have a hard time understanding what happened to their funds, how their brokers and advisors failed to advise them appropriately, and the current value of their investments. Our Florida securities attorneys are experts in investment fraud and can quickly assess whether a client has a potential case.
Investors in Florida are protected by legislative laws and statutes together with industry rules that prohibit brokers from engaging in fraud, unsuitable sales, churning, unauthorized trading, failure to supervise, breach of fiduciary duty, overconcentrating a customer account and negligence.
Florida has some of the strongest elder abuse and investor protection laws in the country. Below are useful links and resources covering some of the investor protections available in the State of Florida:
- Florida Division of Securities under the Florida Office of Financial Regulation regulates the sale of securities within the parameters of Florida law.
- Florida Consumer Protection Division of the Office of the Attorney General investigates and enforces violations in any trade or commerce.
- Florida Statute § 517 is a state law regulating the securities industry. Specifically, Section 517 states that it is unlawful and a violation of the law to offer, sell or purchase a security employing any device, scheme, or artifice to defraud. It is also unlawful to obtain any money by virtue of any untrue statement of material fact or to omit a material fact in order to mislead an individual to give money. Finally, it is unlawful to engage in any transaction or course of business that would operate as a deceit or fraud upon any individual in the state of Florida.
- FINRA oversees and regulates all broker-dealers in the United States. FINRA, in conjunction with the Securities and Exchange Commission (SEC) also creates and enforces the securities laws.
Strong laws on the books to protect investors are good but they are not responsible for reimbursing investment losses. By hiring an experienced Florida securities attorney to pursue their claim, investors can level the playing field with the big financial firms for the best opportunity to be compensated.
The attorneys of Goodman & Nekvasil P.A. are dedicated to helping clients determine if investment losses are a result of fraud, negligence or misconduct. We apply a forensic approach to understanding your investment experience, to explain portfolio losses and apply the appropriate law to advance your claims.
Many broker-dealers and investment advisers sell high-risk investment products in order to garner large commissions for themselves without thinking about the added risk to their clients. Most investors do not have the willingness to withstand large losses. Some of our clients are sold private placements that lack the liquidity needed if the investor ever needs to transfer the investment money elsewhere. These risky investment products are only appropriate for a very small group of sophisticated investors willing to take on excessive risk.
Most of our FINRA cases involve the sale of unsuitable investments, the failure to supervise by a brokerage firm, broker theft, selling unapproved investments or other broker misconduct related to securities fraud or investment fraud. If you suffered from one of these types of securities fraud our attorneys may be able to help.
Goodman & Nekvasil has been featured in many national publications, including the Wall Street Journal, the New York Times, the San Francisco Chronicle, and Reuters. The majority of our cases settle through arbitration and the terms of those settlements are confidential but we do have public awards available for review for prospective clients.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for approximately 40 years.
Our firm has recovered more than $250 million on behalf of victimized investors in Florida and around the nation.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis, which means that unless we recover money for you, we charge no attorney’s fee.
If you incurred investment losses and would like your case evaluated by a Florida securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.