Consumer Securities Arbitration
Securities investing and trading is carefully regulated by rules and laws for the protection of public investors. Securities fraud is the violation of these rules, particularly through various deceptive actions and schemes to cheat or take advantage of investors.
Mr. Capretz, the principal of the firm, has served as a NASD arbitrator for several years.
Most investors who have been defrauded do not know what happened to their investments until it is too late. But even after the losses have occurred, the law provides a mechanism for investors to recover their losses which were caused by a stockbroker’s misrepresentations or abuse of the account. Federal and state laws provide a legal remedy for defrauded investors to recover their losses. Investors may also be entitled to compensation for the loss of income that their investments should have been generating, interest on the losses and legal fees.
A procedure has been established for the resolution of stockbroker/customer disputes in an efficient and economical manner through arbitration. Stockbrokers and brokerage firms are subject to binding arbitration of complaints regarding customer accounts. This provides the opportunity for defrauded customers to present their claims before an impartial panel of arbitrators whose decision will be binding on all the parties.
Stockbrokers and brokerage firms have certain obligations and duties to their customers. And investors have a right of recourse if their account has been abused or if they have been defrauded by an investment advisor. As an investor you have certain rights which you should be aware of, rights which may provide you an opportunity to recover your losses from your stockbroker or brokerage firm.
If you or someone you know is an investor who believes that he or she may have been the victim of an unscrupulous stockbroker, contact Capretz & Associates for a free consultation with an attorney. Call toll-free at: (800) 351-8588 or click here to be contacted by an attorney.