The North Carolina securities attorneys at Gana Weinstein LLP are uniquely qualified to represent individuals and institutions involved in securities arbitrations within the state of North Carolina before the Financial Industry Regulatory Authority, or “FINRA.” Our North Carolina securities arbitration attorneys handle cases that include the sale of unsuitable investments, churning (which is excessive trading for the purposes of generating broker commissions), the unauthorized trades of securities, broker theft or conversion, the failure to supervise broker conduct and “selling away.” Selling away is a term used for broker’s that sell unapproved products “away” from their employer broker-dealer.
By the time investors first retain us, many of them have suffered substantial financial losses in their portfolios. Most of our clients have a hard time understanding where their investments have gone, how their broker allowed such losses to occur in the first place, and what their investments are currently worth.
North Carolina Investors in are protected by legislative laws and statutes together with industry rules that prohibit brokers from engaging in fraud, unsuitable sales, churning, unauthorized trading, failure to supervise, breach of fiduciary duty, or negligence. Below are useful links and resources covering some of the investor protections available in the State of North Carolina:
Unfortunately, state securities regulators rarely reimburse investors as a result of an enforcement action. The investor’s best chance to be compensated is by hiring an experienced securities attorney. The North Carolina securities attorneys of Gana Weinstein LLP can help clients determine if investment losses were the result of normal market forces or misconduct by Wall Street. We apply a detailed and forensic approach to understanding your investment activity to explain those losses and apply the appropriate law to advance your claims.
In many cases, broker-dealers and investment advisers simply sell novel investment products in order to garner large commissions for them regardless of the investor’s willingness to withstand the large losses. Some of our clients are sold novel and exotic investment products that are only appropriate for a small group of sophisticated investors willing to take excessive risk. In other cases, clients’ approach us with account statements containing voluminous and complex trading activity in which they are unable to determine the actual losses suffered. Many times, these indecipherable or incomprehensible account statements are set up to cover up excessive trading activity and risk.
To learn more about potential seucurities arbitration claims in North Carolina please visit our Securities Arbitration page. The North Carolina securities attorneys at Gana Weinstein LLP represents investors in FINRA arbitrations in all major North Carolina cities including Charlotte, Raleigh, Greensboro, Durham, Winston-Salem, Fayetteville, Cary, Wilmington, High Point and Greenville. Our consultations are free of charge and the firm is only compensated if you recover money.