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Client Reviews
- "The law firm of Meyer Wilson represented me in a suit brought last year against my brokerage firm, securing a very fair and equitable settlement for me. I was impressed with the professional manner in which they handled our relationship and kept me aware of developments in the case. I highly recommend them." R.G., M.D., Cincinnati, Ohio.
- "I had spoken to a local attorney about my investment losses and he didn't know how to help me, so he referred me to David Meyer. David and his staff were not only professional, but they were also really congenial and pleasant to speak with. ..."S.T., Canton, Ohio
- "I was referred to Meyer Wilson to file an arbitration claim against my former brokerage firm. Mr. Meyer and his associates and staff were great to work with. They explained everything to me, walked me through each stage of the arbitration, worked hard to prepare my case, and I am very happy with the outcome." L.B., Tennessee
Library
Investor Articles
- Equity Index Annuities: Good for the Broker; Not so Good for the Client
- The Truth About Financial Designations Revealed
- Understand the Type of Annuity You Are Purchasing
- Smart Tips for Hiring a Financial Advisor
- Investments in Limited Partnerships Can Be Complex & Risky
- Options for Investors Stuck in the Still-Frozen Auction Rate Securities Market
Recent Blog Posts 
- Elderly Victim Speaks Out after Alleged Ponzi Scheme2/2/2012
- Bank Owes Financial Fraud Victims after Rothstein Ponzi Scheme1/28/2012
- Connecticut Man Pleads Guilty to 1 point 9 Million Dollar Investment Fraud Scheme1/30/2012
- Operation Broken Trust Leads to 52-Month Sentence for Michigan Woman in One Million dollar Ponzi Scheme Case1/30/2012
- Retired NBA All-Star Loses Nearly $86M in Alleged Investment Fraud1/27/2012
- Illinois Man Sentenced to More Than 5 Years in Prison for $9 Million Dollar Ponzi Scheme1/25/2012
Failure to Supervise
Financial and securities brokerage firms have a legal duty to supervise their brokers and their brokers' recommendations to clients to ensure compliance with and prevent violations of the rules of the security industry. When an individual broker is negligent or acts in an unlawful manner against the interests of the client and that client suffers damages as a result of such wrongdoing, the firm may be held liable for the investor's losses.There are also instances in which a brokerage firm may be held liable for failure to supervise without the individual broker being held responsible for damages. Brokers are required to complete standardized training and pass exams administered by the FINRA. If it is found that a brokerage firm did not properly train a broker, did not ensure the broker obtained the necessary license, or furnished the broker with false information, the brokerage firm alone may be liable for damages caused by the broker's negligence or misconduct.
Proving a failure to supervise claim requires a thorough investigation of the facts surrounding your claim and a diligent attention to detail. With over fifty years of combined legal experience, and having successfully represented over 800 individual and institutional investors, the securities arbitration lawyers at Meyer Wilson have the expertise, experience and resources necessary to review, investigate and aggressively pursue your claim for failure to supervise.
We have won hundreds of millions of dollars in losses for clients nationwide, including in cities such as Miami, Dallas, San Diego and Cleveland. For assistance with your failure to supervise claim, call us toll-free at 1.866.827.6537 or complete our online form for a free case evaluation.
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Quick Facts
- Our six lawyer firm is devoted solely to investor claims and class actions.
- Every securities arbitration/litigation client that hires our firm is assigned two lawyers to their case.
- Our lawyers have over 50 years of collective legal experience.
- Mr. Meyer won the largest jury verdict ever in the state of Ohio - $260 million verdict against Prudential Securities.
- The firm employs a full time investigator on staff.