Since 1999 our law firm has recovered more than $350,000,000 for victims of investment fraud and misconduct.
Jury Verdict Won Against Prudential Securities $262 Million
Recovered for 100-Year Old Widow $30 Million
Recovered in Retirement Losses $10 Million
Recovered for a Large Group of Individual Investors $6.5 Million
Recovered for Elderly Victim in Ponzi Scheme Case $3.8 Million
Recovered for Elderly Ponzi Scheme Victim $3.2 Million
Recovered for More Than 50 Families of Ponzi Scheme in California $3.2 Million
Recovered for 35 Families in Northeast Ohio $3.1 Million
Losses Recovered for 20 Retirees $3 Million
Recovered for Retired Physician Against Major Wall Street Firm Prior to Filing FINRA Arbitration $2.5 Million
Michigan Financial Advisor Breach of Fiduciary Duty Lawyer
Investment fraud is a highly nuanced practice area with many complex laws. It takes a special type of lawyer to represent you in a case involving a breach of financial advisor fiduciary duty. An attorney from Meyer Wilson will have the experience, knowledge, and connections to bring a strong claim against a negligent or fraudulent financial advisor on your behalf.
We have spent more than 20 years representing clients in all types of investment fraud lawsuits around the country, including breaches of fiduciary duty. If you recently suffered an economic injury due to this type of financial advisor misconduct in Michigan, contact us to request a free consultation.
Why Choose Meyer Wilson to Represent You?
- We are proud to have cultivated a 99% success rate over the years.
- We have won over $350 million in case results for past investment fraud clients.
- We do not hesitate to take cases to trial in Michigan, if necessary for full compensation.
- We have a goal to return all texts, calls, and emails from clients within 12 hours.
- We have represented over 800 clients in broker/advisor misconduct claims.
- We accept financial advisor fiduciary duty claims on a contingency fee basis.
How Our Attorneys Can Help
Going up against a financial advisor or corporation in Michigan may require assistance from an attorney. Handling your case alone could expose you to unwelcome risks such as accepting a small settlement offer from an advisement firm. Working with a fraud lawyer from Meyer Wilson, on the other hand, can ensure you do not allow the defendant to take advantage of you during the claims process. Your attorney can handle the difficult or complex aspects of your case while fighting for fair compensation for investment misconduct on your behalf. You will have the peace of mind to focus on your personal needs.
What Is a Fiduciary Financial Advisor?
A fiduciary financial advisor is someone who manages investments and assets on behalf of another party, the investor. A fiduciary must abide by state and federal regulations in terms of standards of client care. Fiduciary duty refers to an ethical obligation to act within another party’s best interests. While in theory, fiduciary duty makes someone more trustworthy to hold a position of power, unfortunately, this is not always the case. A fiduciary financial advisor could still breach a duty of care that ultimately results in economic injury to the client.
Types of Breaches of Fiduciary Duty
Any breach of fiduciary duty by a financial advisor could have significant consequences for an investor. If you trusted your account into the hands of a financial advisor only to suffer substantial economic losses, you may be the victim of advisor misconduct. A financial advisor or stockbroker could breach his or her fiduciary duties in many respects.
- Elder fraud
- Excessive 401(k) fees
- Failure to provide important information
- Misrepresenting facts
- Ponzi or pyramid schemes
- Theft or unlawful use of funds
- Unauthorized trading
- Unsuitable recommendations
Many different actions could constitute a breach of fiduciary duty if your lawyer can prove that the defendant owed you a duty of care, breached this duty (negligently or intentionally) and in doing so caused your economic injury. If you are unsure whether a recent action by your financial advisor qualifies as a breach of duty, please consult with an attorney for more information. Our lawyers can conduct a review of your potential case for free in Michigan.
Contact a Michigan Financial Advisor Fiduciary Duty Claim Attorney
The law firm of Meyer Wilson understands that most investors do not fully understand what a fiduciary is, much less whether a harmful breach of duty has occurred. We wish to help investors understand their rights and know when an advisor has wronged them. If you believe you may have a case for a breach of fiduciary duty that caused you economic harm, call (800) 738-1960 to speak to award-winning attorneys in Michigan. We also accept consultation requests online.
More than $350,000,000 Recovered
Voted Best Lawyers in America® for Ten Years Running
David Meyer is President of Public Investors Advocate Bar Association (PIABA)
Over a Thousand Investor Claim Cases Since 1999
Exclusive Focus on Investor Claims & Class/Mass Action Lawsuits
Deep Bench of Skilled Attorneys and Staff Members
Meyer Wilson has represented over 1,000 individual investors in high-stakes claims across the country, and has recovered over $350 million on their behalves. See what former clients have to say about our team.