Kentucky Securities Attorneys

The attorneys at Gana LLP specialize in representing investors in securities litigation within the State of Kentucky. When clients approach our firm about a potential matter many of them have already suffered severe financial losses in their accounts. Many clients do not know where there investment funds have gone and are dismayed that their broker recommended such speculative investments or strategy in the first place.

Securities misconduct takes many forms. Sometimes novel investment products are sold simply to garner large commissions regardless of the investor's willingness to withstand risk. In other cases, clients provide us with account statements and trading activity so complex that without a detailed accounting it is impossible to even tell how much money has been lost.

Investors in Kentucky are protected not only by legislative laws and statutes but also by industry rules that prohibit brokers from engaging in churning, unauthorized trading, fraud, failure to supervise, breach of fiduciary duty, unsuitable sales, or negligence. Below are useful links and resources covering some of the investor protections available in the State of Kentucky.

  • Securities Division of Kentucky regulates securities in Kentucky. The Division overseas state-licensed or registered securities, broker-dealers, agents, investment advisers, and issuer agents.
  • Consumer Protection Division protects individuals and institutions from unfair, false, and misleading or deceptive acts in the trade of commerce.
  • Kentucky Securities Act regulates the securities registration, exemption, filing and appeals process.
  • 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.

Rarely are investors reimbursed by securities regulators as a result of enforcement action. A recent study of seventy-five SEC cases revealed that the SEC only distributed 13% of the investor funds as a result of enforcement actions. An investor’s best chance for recovery is to hire an attorney to pursue their claim. Our attorneys are highly skilled in resolving securities disputes in arbitration before Financial Industry Regulatory Authority (FINRA).

Our attorneys can help clients determine if investment losses were the result of normal market forces or misconduct by Wall Street. We apply a detailed and forensic approach to understanding your account’s investments to explain losses and apply the appropriate law to advance your causes of action.

To learn more about potential claims and securities topics please visit our Securities Arbitration & Litigation page. Gana LLP represents investors in all major Kentucky cities including Louisville, Lexington, Bowling Green, Owensboro, Covington, Hopkinsville, Richmond, Florence, Georgetown and Elizabeth. Our consultations are free of charge and the firm is only compensated if you recover.