The lawyers at Gana Weinstein LLP focus their practice on securities arbitration and litigation around the nation and within the State of Kansas. Generally, when investors lose money rapidly they want to know what caused their loses. Many of our clients are disturbed that their broker recommended risky investments in the first place and seek legal guidance for answers. Our attorneys conduct a forensic analysis of client accounts to explain losses and determine if the losses were a result of misconduct.
Securities misconduct comes in many different forms and no two cases are the same. Sometimes, brokers buy and sell securities excessively for the purpose of generating commissions – this conduct is known as churning. Other times, brokers’ misrepresent the risks of securities. On other occasions, brokers sell securities that are not suitable or appropriate for investors.
Kansas’s investors are protected by legislative statutes, both state and federal, but also by industry rules promulgated by the SEC and FINRA that prohibit brokers from engaging in churning, unauthorized trading, fraud, unsuitable sales, and other forms of misconduct. Below are useful links and resources covering some of the investor protections available in the State of Kansas.
The Office of the Securities Commissioner - regulates securities in Kansas. The mission of the Office of the Kansas Securities Commissioner (KSC) is to protect and inform Kansas investors; to promote integrity, fairness, and full disclosure in financial services; and to foster capital formation. The KSC is designed to protect and inform investors by:
FINRA - regulates and overseas all broker-dealers in the United States. FINRA, in conjunction with the Securities and Exchange Commission (SEC) also creates and enforces the securities laws.
The securities attorneys at Gana Weinstein LLP can help you determine if your investment losses were the result of normal market forces or misconduct by Wall Street. We apply a detailed forensic approach to understanding your investments and apply the appropriate law to advance your causes.
Many clients attempt to rely on regulators to return their funds. However, securities regulators rarely reimburse investors for investor losses. A study of seventy-five SEC cases revealed that the SEC only distributed 13% or less of enforcement action proceeds to investors. An investor’s best chance for recovery is to hire an attorney to pursue a claim on their behalf.
To learn more about securities topics please visit our Securities Arbitration & Litigation page. Gana Weinstein LLP represents investors in all major cities across Kansas including Wichita, Overland Park, Kansas City, Topeka, Olathe, Lawrence, Shawnee, Manhattan, Lenexa, and Salina.