Hawaii Securities Arbitration & Litigation Lawyers
Gana LLP specializes in securities litigation and arbitration around the nation and within the State of Hawaii. For years our attorneys have represented individual Hawaiians investors in securities claims. Our attorneys have worked and practiced in the state of Hawaii. In fact, Mr. Gana clerked for the Honorable Alan C. Kay, Federal District Court Judge in the District of Hawaii and lived in Waikiki.
Securities misconduct comes in many different forms and no two cases are the same. Sometimes, brokers’ misrepresent the risks of securities. Sometimes, brokers buy and sell securities excessively for the purpose of generating commissions – this conduct is known as churning. Other times, financial advisers sell securities that are not suitable or appropriate for investors.
In general, many investors lose money and fail to understand the cause of their losses. Some have unanswered questions about their accounts and want answers. In addition, many investors are angered that their broker recommended risky investments and want to determine whether they have a legal claim.
It is important to remember Hawaiians are protected by legislative statutes, both state and federal, but also by industry rules that prohibit brokers from engaging in churning, unauthorized trading, fraud, the unsuitable sale of securities and other forms of securities misconduct. Below are useful links and resources covering some of the investor protections available in the State of Hawaii.
The Securities Department of Commerce and Consumer Affairs regulates securities in Hawaii and is separated into three branches: Compliance; Enforcement; and Investor Education. Organizationally, these branches fall under the Business Registration Division, which is administered by the Securities Commissioner. The Securities Compliance Branch is responsible for the registration of securities, broker-dealers and their sales agents, investment advisers and their representatives doing business in Hawaii. The Securities Enforcement Branch receives and investigates complaints regarding potential violations of Hawaii securities laws and prosecutes securities fraud and other securities violations. Finally, the Investor Education Program provides free investor information & educational presentations and develops outreach projects for Hawaii’s people.
FINRA - regulates and overseas all broker-dealers in the United States. FINRA, in conjunction with the Securities and Exchange Commission (SEC) also creates and enforces the securities laws.
The securities attorneys at Gana LLP can help you determine if your investment losses were the result of normal market forces or misconduct by Wall Street. We apply a detailed forensic approach to understanding your investments and apply the appropriate law to advance your causes.
Gana LLP represents investors in all islands across Hawaii from Kauai, Maui, Oahu and the Big Island. To learn more about securities topics please visit our Securities Arbitration & Litigation page.