North Carolina Securities Arbitration & Litigation Lawyers
Gana LLP specializes in representing individuals and institutions involved in securities litigation within the state of North Carolina and in arbitration before the Financial Industry Regulatory Authority (FINRA). By the time clients first retain us, many of them have suffered substantial financial losses in their portfolios. Many clients have difficulty understanding where their funds have gone, how their broker allowed such losses to occur in the first place, and what their investments are currently worth.
Investors in North Carolina are protected by legislative laws and statutes together with industry rules that prohibit brokers from engaging in fraud, unsuitable sales, churning, unauthorized trading, failure to supervise, breach of fiduciary duty, or negligence. Below are useful links and resources covering some of the investor protections available in the State of North Carolina:
- North Carolina Securities Division is the state’s regulatory agency for securities. Investors can file a complaint with the Securities Division and gather relevant news and information related to the securities industry.
- The Consumer Protection Division is within the North Carolina Office of the Attorney General, which protects consumers and business entities from scams and fraud.
- The North Carolina Securities Act contains provisions regarding registration, advertising, and anti-fraud. North Carolina affords consumers and business entities with additional regulatory protection through the North Carolina Investment Advisers Act, North Carolina Commodities Act, and North Carolina Administrative Procedure Act.
- 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.
Unfortunately, state securities regulators rarely reimburse investors as a result of an enforcement action. The investor’s best chance to be compensated is by hiring an experienced securities attorney. The attorneys of Gana LLP 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 investment activity to explain those losses and apply the appropriate law to advance your claims.
In many cases, broker-dealers and investment advisers simply sell novel investment products in order to garner large commissions for them regardless of the investor’s willingness to withstand the large losses. Some of our clients are sold novel and exotic investment products that are only appropriate for a small group of sophisticated investors willing to take excessive risk. In other cases, clients’ approach us with account statements containing voluminous and complex trading activity in which they are unable to determine the actual losses suffered. Many times these indecipherable account statements are set up to cover up excessive trading activity and risk.
To learn more about potential claims and securities topics please visit our Securities Arbitration & Litigation page. Gana LLP represents investors in all major North Carolina cities including Charlotte, Raleigh, Greensboro, Durham, Winston-Salem, Fayetteville, Cary, Wilmington, High Point and Greenville. Our consultations are free of charge and the firm is only compensated if you recover.