| November 19, 2019
Investacorp Inc. is a publicly traded financial services firm that provides tax-efficient wealth accumulation, retirement income planning, college planning, financial risk management, and estate planning. The company was founded in 1978 and its headquarters are located in Miami Lakes, Florida. As of 2007, Investacorp is a subsidiary of Ladenburg Thalmann Financial Services, Inc. Investacorp now has close to 500 independent advisors.
As a securities brokerage firm licensed by FINRA (the Financial Industry Regulatory Authority), Investacorp is legally obligated to ensure that their clients are being dealt with fairly and honestly by their brokers. If a broker has acted negligently, unlawfully, or otherwise in violation of the rules of the securities industry, Investacorp may be held accountable for the behavior and losses incurred by their brokers. If you have suffered financial losses as a result of the actions of an Investacorp financial advisor, you may have a case to bring against them.
Fraudulent Actions and Misconduct in Investacorp History
Unfortunately, Investacorp has had a series of customer complaints and actions taken against it by FINRA. These complaints have resulted in fines levied against Investacorp that amount to over $1.3 million.
The complaints and cases against Investacorp include:
- Acting outside of oral and written contracts
- Violated industry regulations
- Misrepresented material facts regarding investments in mutual funds
- “Unsuitable” investment advice
- Failure to oversee brokers/financial advisors
Have You Lost Money Because of Investacorp?
Meyer Wilson has helped recover tens of millions of dollars in investment fraud and misconduct cases since 1999. Our expertise and years of experience speaks with results, as we have helped over 800 clients recover their losses and affirm their rights against large investment firms. We represent clients nationwide and internationally in arbitration through the Financial Industry Regulatory Authority (FINRA), and we represent clients from all across the nation through private arbitration and through the American Arbitration Association.
To determine whether you have a case against Investacorp for your losses,contact us today!