The Best Lawyers In America
Learn about the awards our firm has earned and how they can benefit you.
There Is No Risk To You
We work on a contingency fee basis, so you pay only if we win your case.
Do You Have A Claim?
Request a free consultation today to learn how Meyer Wilson can help you.
Trusting your investment portfolio with a big name firm may seem like a
conservative decision. The common assumption is that the risk of investment
fraud is lower with a big company versus a smaller brokerage. People frequently
make the mistake of believing that investment fraud only results from
the tactics of a scam artist, but it can happen even at the reputable firms.
According to a recent report, investing with a bigger firm could actually
put you at a higher risk of fraud. The report, which was from the U.S.
Securities and Exchange Commission (SEC), brings light to a problem facing
investors. According to the report, which was covered by
Investment News, 16 percent of fraud cases that were brought by the SEC involved broker-dealers.
This number has gone up since 2008, as broker-dealers were tied to only
9 percent of fraud cases that year.
This report shows that scam artists aren’t the only culprits of fraud.
Sometimes, the culprits are the large brokerage firms that many investors
have come to trust.
As an investor, it is imperative that you take the appropriate steps to
protect yourself from fraud. For example:
Have more questions? Do not hesitate to
contact our investment loss attorneys today!
Choose a Firm with Accolades:
Investment Misconduct Blog
The investment loss attorneys at Meyer Wilson are interested in speaking with investors who have lost money with former Janney Mongomery Scott, LLC broker Scott Palmer. Palmer ...
Understanding the tactics scammers use is an important step to take when protecting yourself from becoming a victim of investment fraud. The Financial Industry Regulatory ...
Under current FINRA rules, brokers are allowed to remove disciplinary actions filed against them for years from public records, however new rules will prevent that in the ...