Alabama Investment Lawyers
Gana LLP specializes in complex commercial litigation and securities arbitration. Our attorneys have experience holding brokerage firms accountable for securities misconduct. Many times clients attempt to resolve their dispute with the brokerage firm without assistance. Unfortunately, brokerage firms rarely compensate clients who have suffered securities misconduct without first resorting to legal action.
We understand that when clients retain our law firm their financial security has been lost and their retirement plans put on hold. Many clients do not know where their investments assets have gone or how their financial advisor could have recommended them to invest in risky assets in the first place. Our attorneys can help evaluate your claims and determine the proper course of action.
As a background, in the State of Alabama, investors are protected by legislative laws, statutes, and industry regulations that prohibit brokers from engaging in misrepresentation, fraud, unsuitable sales, churning, breach of fiduciary duty, unauthorized trading, negligence or failure to supervise. Below are resources and useful links dealing with investor protection information available in the State of Alabama:
- Alabama Securities Commission protects investors against securities fraud and aggressively enforces the Alabama Securities Act.
- Consumer Protection Division not only protects consumers and businesses owners against fraud but also mediates consumer complaints.
- Alabama Uniform Securities Act contains provisions regarding the offer, sale and purchase of securities within the marketplace.
- FINRA is an independent regulatory agency that 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.
While state securities regulators successfully investigate and enforce regulations, investors are rarely reimbursed as a result of these enforcement actions. By hiring a securities attorney, investors increase their chances of being awarded compensation.
To learn more about securities topics and any potential claims you may have, please visit our Securities Arbitration & Litigation page. Gana LLP represents investors in all major Alabama cities including Birmingham, Montgomery, Mobile, Huntsville, Tuscaloosa, Hoover, Dothan, Decatur, Madison and Auburn. Our consultations are free of charge and the firm is only compensated if you recover.