Indiana Securities Attorneys
Indiana securities attorneys at Gana Weinstein LLP specialize in complex securities arbitration cases. The firm represents individuals involved in securities arbitrations in the state of Indiana before the Financial Industry Regulatory Authority (FINRA). Our FINRA attorneys, securities attorneys, and investment attorneys represent investors throughout the state of Indiana including in Indianapolis, Evansville, South Bend, Carmel, Muncie, Gary, Terre Haute, Bloomington, Fort Wayne, Gary, Elkhart, Kokomo, Valparaiso, and Fishers.
In the State of Indiana, legislative laws, statues and industry regulations protect investors from broker-dealer and investment advisers who engage in breach of fiduciary duty, churning, fraud, failure to supervise, unsuitable sales, unauthorized trading, or negligence. Below are useful links and resources covering some of the investor protections available in the State of Indiana:
- The Indiana Securities Division regulates the securities industry of Indiana by protecting consumers and investors from fraudulent activities by companies and individuals. The general mission of the Indiana Securities Division is to help companies create capital formation and business development in Indiana and to maintain integrity in the securities markets through protecting investors and consumers by bringing civil and administrative actions against companies and individuals accused of violating the Indiana Uniform Securities Act.
- Consumer Protection Division ensures consumers and business entities are protected from deceptive and fraudulent business practices. The Office of the Attorney General, consumer protection division, represents Indiana in a variety of cases that involve Indiana’s interest including in the area of securities fraud.
- Indiana Uniform Securities Act more closely mirrors federal law and regulates the registration, offer, sale and other activities related to securities within and from the State of Indiana. The law generally provides that individuals and corporate entities cannot make material misrepresentations or omit material information intentionally to defraud in the sale, purchase or exchange of securities.
- 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’s enforcement department helps bring claims against brokers and broker-dealers for claims related to securities fraud, investment broker misconduct, churning, broker theft and selling away.
While securities regulators ensure the enforcement of regulations, investors are rarely reimbursed as a result of an enforcement action. A study of 75 Securities and Exchange Commission (SEC) cases stunningly revealed that the SEC only distributed around $60 million out of $4.8 billion it collected in civil fines and restitution in settlements with the companies during that period of time. That is a less than 2% collection on actual fines. The expertise of the Indiana investment attorneys, Indiana FINRA attorneys and Indiana securities attorneys at Gana Weinstein LLP provide client’s the best chance for investors to be compensated. Our Indiana securities attorneys apply a detailed and forensic approach to understanding your investment activity to explain those losses and apply the appropriate law to advance your claims.
Most investors prefer investments with high returns and low risk. However, investors should know that high returns usually results in corresponding high risk. Broker-dealers harp on the investor's desire for high returns and simply sell novel investment products in order to garner large commissions for them regardless of the investor's willingness to withstand large losses. Some of our clients are sold investment products that are only appropriate for a small group of sophisticated investors willing to take excessive risk. Many times, these indecipherable account statements are set up to cover up excessive trading activity and risk. Our years of experience within the securities industry allow us to correctly analyze the issues, risks and exposures for the investment portfolios.
To learn more about potential claims and securities topics please visit our Securities Arbitration. The Indiana securities attorneys at Gana Weinstein LLP represents investors in all major Indiana cities including Indianapolis, Fort Wayne, Evansville, South Bend, Carmel, Bloomington, Fishers, Hammond, Gary and Munice. Our consultations are free of charge and the firm is only compensated if you recover. Give our Indiana securities attorneys a call.