New York Securities Attorneys

The New York securities attorneys at Gana Weinstein LLP represent investors and institutions in securities arbitrations through FINRA in the State of New York. With our main office in the heart of Manhattan, our New York securities attorneys can help you with your potential securities arbitration.

Most of the New York securities arbitration we bring in New York relate in some way to securities fraud. Securities fraud describes many forms of inappropriate investment activity. It can describe the sale of a security by false misrepresentations or omissions of information of the properties of the security. Securities fraud can also describe unfair commissions, the unsuitable sale of securities, conversion or broker theft, unauthorized activity in a brokerage account, or theft of funds intended for investment through the use of Ponzi schemes.

Unfortunately, by the time clients retain our law firm they have suffered significant financial losses. Many clients do not know where their investments have gone or how their broker recommended them to invest in the first place.

Investors in New York are protected by legislative laws and statutes together with industry rules that prohibit brokers from violating the securities laws though unsuitable sales, securities fraud, churning or excessive trading, broker theft or conversion, or unauthorized trading. In fact, New York has some of the weakest and unique investor protection laws in the country. No matter the case, it is advisable to seek counsel before taking any action with a brokerage firm. That said, below are useful links and resources covering some of the investor protections available in the State of New York:

• Investor Protection Bureau enforces New York securities law and protects the public from fraud by requiring brokers, dealers and investments advisers to register with the Attorney General’s Office.
• New York Consumer Protection Division protects consumers and businesses from unfair and deceptive practices.
• The Martin Act gives the Attorney General broad law enforcement powers to investigate fraud in an offer, purchase or sale of securities, which protects investors from illegal activity.
• FINRA oversees and regulates all broker-dealers in the United States. FINRA, in conjunction with the Securities and Exchange Commission (SEC) also creates and enforces the securities laws. FINRA is also the self-regulatory organization that administers arbitrations against broker-dealers. The New York securities attorneys at Gana Weinstein LLP have brought more than 1,000 arbitrations through FINRA and have extensive experience bringing claims in that forum. Most of those claims relate to securities fraud, churning, excessive trading, unauthorized trading, failure to supervise broker conduct, and broker theft or conversion.

While states securities regulators thoroughly investigate securities fraud, investors are rarely reimbursed as a result of an enforcement action. The best chance for investors to be compensated is to hire an experienced securities attorney to pursue their claim. No matter the type of dispute, the New York securities attorneys at Gana Weinstein LLP can help clients determine whether their investment losses were the result of normal market forces or misconduct by Wall Street.

In a lot of cases, brokers or broker-dealers and investment advisers sell novel investment products in order to generate extremely large commissions and profits for themselves regardless of the client/investor’s willingness to withstand losses. Many of our investor/clients are sold novel and exotic investment products by their brokers that are only appropriate for a small group of investors willing to take large risks. A lot of times, these indecipherable or incomprehensible trading strategies are set up to cover up excessive activity and risk in the accounts.

The New York securities attorneys at Gana Weinstein LLP have successfully resolved hundreds of arbitration proceedings before the Financial Industry Regulatory Authority (FINRA). To learn more about potential claims and securities topics please visit our Securities Arbitration page. The New York securities arbitration attorneys at Gana Weinstein LLP represent investors in all major New York cities and boroughs including New York, Manhattan, Queens, Bronx, Brooklyn Staten Island, Buffalo, Rochester, Yonkers, Syracuse, Albany, New Rochelle, Mount Vernon, White Plains, Long Island, and Long Beach. Our securities arbitration attorneys are located in New York and are ready to meet you at any time. Feel free to give us a call at 800-810-4262 or email us at agana@ganallp.com for more information.

Our consultations are free of charge and the firm is only compensated if you recover.