Nebraska Securities Arbitration & Litigation Lawyers
The lawyers at Gana LLP focus their practice on securities arbitration and litigation around the nation and within the State of Nebraska. In general, when investors lose money quickly they want to know what caused their loses. Many broker dealers explain loses by blaming general market conditions. However, many of our clients remain skeptical and believe that their broker recommended unsuitable risky investments. Our attorneys will conduct a forensic analysis of our clients’ accounts and help explain losses and determine if the losses were a result of misconduct.
Securities misconduct comes in many different forms and no two cases are the same. Sometimes, brokers buy and sell securities excessively for the purpose of generating commissions – this conduct is known as churning. Other times, brokers’ misrepresent the risks of securities. The most common is misconduct is when brokers sell securities that are not suitable or appropriate for investors.
It is important to remember that Nebraska investors are protected by legislative statutes, both state and federal, but also by industry rules promulgated by the SEC and FINRA that prohibit brokers from engaging in churning, unauthorized trading, fraud, unsuitable sales, and other forms of misconduct. Below are useful links and resources covering some of the investor protections available in the State of Nebraska.
The Nebraska Department of Banking and Finance regulates securities in Nebraska. Specifically, Nebraska legislators created the Department of Banking to regulate state-chartered banks and other financial industries within the state. In 1939, regulation of state securities laws was also placed under the jurisdiction of the Department of Banking. Today, the Nebraska Department of Banking and Finance regulates and supervises various financial industries on behalf of the State of Nebraska and its residents.
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.
Many clients attempt to rely on regulators to return their funds. However, securities regulators rarely reimburse investors for investor losses. A study of seventy-five SEC cases revealed that the SEC only distributed 13% or less of enforcement action proceeds to investors. An investor’s best chance for recovery is to hire an attorney to pursue a claim on their behalf.
To learn more about securities topics please visit our Securities Arbitration & Litigation page. Gana LLP represents investors in all major cities across Nebraska including Omaha, Lincoln, Bellevue, Grand Island, Kearney, Freemont, Hastings, Norfolk and Columbus.