Hiring a Stock Fraud Attorney to Right the Wrongs

Investing in Wall Street can be a satisfying and promising way to grow your financial wealth over the long haul. Countless people have used IRAs and other investment schemes to create retirement funds that go well beyond what Social Security would have provided for them. The Dow has ups and downs like any other investment property, but those who stick it out invariably wind up in a better place. The only exception is when you are taken advantage of by an unscrupulous broker. When this happens, you may need the help of a stock fraud attorney.

If you have reason to suspect that not everything is quite on the up and up, your first move should be to contact your broker and ask them some direct questions. Present them with the evidence and suspicions you have, and give them a chance to explain themselves. If you are using a firm, you may want to go over the head of your individual broker and see what management has to say. You may find that you are able to get satisfaction almost immediately, either in the form of a reasonable explanation, or in the form of punishment and reimbursement.

If the direct route doesn't work, or you have concrete proof of illegal and unethical activities, your next step should be to contact a stock fraud attorney. They will be able to walk you through the next steps in your process. They will also be able to evaluate your evidence and tell you whether or not you're on to something. From there, you can move forward and possibly file an official complaint with the Securities and Exchange Commission. Depending on what they see in your complaint, they may go ahead with legal enforcement or ask the brokerage to respond to the complaint.

No matter what the SEC might find, it won't help you get your money back. For that, you will need your stock fraud attorney to engage the firm in some form of litigation. This could mean taking the case to court, or it could mean going through mediation and arbitration. This is certainly not a realm you want to enter without legal counsel. You can be sure that the brokerage will be prepared with lawyers who will tear your case apart in exactly zero seconds flat if you don't have a competent and experienced lawyer of your own. With such a lawyer, however, you can make your case and possibly get back the money they defrauded you.