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.
While people of any age can suffer financial losses resulting from investment
fraud, older investors are often targeted. A survey initiated by the Financial
Industry Regulatory Authority (FINRA) found that many older investors
participate in behaviors that put them at risk.
Senior Fraud Risk Survey evaluated investors with the intent to benchmark the normal behavior of
investors in the 55 to 64 age bracket. Two different groups were surveyed—a
national sample of Americans with at least $2,000 in securities investments
and 101 people who were identified as investment fraud victims by law
enforcement. According to the survey, approximately 80 percent of all
the respondents did not inquire about any previous law violations that
their broker may have had. Seventy percent admitted to not checking their
broker’s registration and 65 percent stated that they didn’t
confirm that their investment was registered.
Some of the other survey findings include:
It is important to note that when referring to older investors, these are
not people who are gullible or frail. They are individuals who may be
self-reliant, college educated and have an above average income. If you
have lost money due to investment fraud, Meyer Wilson may be able to help you.
Our law firm is nationally recognized and we have represented over 800
investors across the country. Contact us today or fill out our
online form. The case evaluation is free.
Choose a Firm with Accolades:
Investment Misconduct Blog
FINRA has barred former Wells Fargo broker John Schmidt after he failed to respond to its investigation regarding accusations of misappropriation, misrepresentation, and theft ...
Former Cambridge Investment Research Advisors, Inc. broker Ralph Savoie was barred in 2015 after allegedly defrauding investors in a Ponzi scheme. On March 26, 2018, he ...
Broker-dealers who inflate investment fund performance to retain business and gain new clients deny investors the opportunity to make informed investment decisions. Inflating ...