Investor / Securities Malpractice

Securities fraud, also referred to as investment fraud, is often nothing more than stealing. According to the SEC, incidents of securities fraud have increased dramatically in recent years. Anyone can be a victim of investment fraud. Whether a client has lost money due to unscrupulous conduct or plain negligence on the part of the investment advisors, the Akron attorneys of Scanlon & Company can help.

The primary goal of our securities malpractice attorneys is to represent investors who have lost money because of the mishandling of their brokerage accounts. Our firm has represented clients who were victims of a variety of wrongful acts by stockbrokers, financial planners, financial advisors and the institutions within which they had invested their savings. These claims may include:

  • Misrepresentations
  • Unauthorized transactions
  • Execution failures
  • Excessive mark-ups
  • Commission "churning"
  • Improper sales practices
  • Improper or unsuitable investments
  • Disappearing funds
  • Internet broker issues
  • Unregistered brokers
  • Broker bribes
  • Fraudulent research

These types of cases involve a variety of investment vehicles, including stocks, bonds, "penny" stocks, "junk" bonds, options, warrants, commodities, mutual funds, REIT's, limited partnerships, and derivative securities.

How Our Akron Attorneys Help Investors Recover for Their Losses

To recover for their losses, investors must file claims for recovery. Statistics demonstrate that an individual investor is far more likely to recover if represented by an experienced attorney. Since investors sign account documents at brokerage firms that almost always contain binding arbitration clauses, most claims against brokerage firms as well as brokers must be resolved in securities arbitration through entities such as FINRA.

Scanlon & Company's attorneys have years of experience assisting wronged investors to file claims for recovery and to succeed in arbitration, settlements or, when necessary, lawsuits. We invite you to contact us if you have been the victim of investment fraud. Based in Akron, we serve clients throughout Summit County and Northeast Ohio.