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  • Attorneys David Meyer and Matthew Wilson have been selected to the list of Super Lawyers since 2011 and 2015 respectively.

  • Attorney David Meyer is a member of the Million Dollar Advocates Forum, an organization recognizing attorneys who have secured million dollar cases.

  • Martindale-Hubbell® Peer Review Ratings™ has recognized attorney David Meyer as an AV Preeminent® attorney in High Ethical Standing.

  • Attorneys David Meyer and Matthew Wilson have received a 10 out of 10 “Superb” rating on Avvo, calculated based on stringent and exhaustive criteria.

  • Attorney David Meyerhas been selected to the list of the Best Lawyers in America® for Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs every year since 2011.

  • Attorney David Meyer was selected as the 2015 Lawyer of the Year for Professional Malpractice Law – Plaintiffs for Columbus, OH by Best Lawyers®.

  • Meyer Wilson was ranked as a Tier 1 Best Law Firm for both Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs by U.S. News.

What is "Selling Away?"

As a general rule, “selling away” violates current securities regulations. For an example, consider the allegedly fraudulent actions of former Michigan broker Lewis J. Hunter.

The SEC has accused Hunter of misappropriating more than $300,000 from his brokerage clients through false representations, fraudulent transfers, and falsified bank statements. According to the SEC’s order, Hunter recommended investments to several of HD Vest Investment Securities’ long-time, elderly clients that he said were not offered on HD Vest’s trading platform.

He told the clients the investments were “guaranteed” but that the funds would have to be held outside of their HD Vest brokerage accounts. He then facilitated transfers from the clients’ HD Vest brokerage accounts into bank accounts that were under his control. Such transactions are considered “selling away.”

When a broker engages in “selling away,” the brokerage firm that is responsible for supervising the broker may be held liable for the defrauded investors’ losses.

If you believe you have suffered investment losses due to “selling away,” please contact the investment fraud attorneys at Meyer Wilson today. Our firm has been hired by clients with cases Lewis J. Hunter and HD Vest and we are currently talking to victims of the potential investment fraud.

Our securities fraud lawyers devote their practice to representing investors who have claims against brokers and brokerage firms, such as HD Vest Investment Securities. We have represented hundreds of investors in Ohio, Michigan, California, Texas, and across the country – and the firm has recovered millions of dollars on the behalf of investors like you in securities arbitration and litigation cases. We do not charge for initial consultations and all our cases are handled on a contingency fee.

To learn more about selling away, view the video below:

Need More Information?

Investment misconduct can be complex and confusing. That’s why we’re here to help you. Visit our Common Questions page to find in depth answers directly from our attorneys. Get More Answers
Have You Been a Victim of Investment Fraud?

You trusted your financial advisor with your money, but now you're left wondering what went wrong. If you or a loved one suffered losses because of investment misconduct, Meyer Wilson can step in and fight to recover your losses. The team of investment fraud lawyers at the firm has been helping people like you since 1999 by winning judgments, settlements and verdicts worth hundreds of millions of dollars against brokerage firms, financial advisors and banks.

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