West Virginia Securities Arbitration & Litigation Lawyers
The attorneys of Gana LLP specialize in securities litigation and arbitration around the nation and within the State of West Virginia.
Securities arbitration and litigation is an area of law that requires attorneys with unique understanding of complicated securities laws to properly navigate investors’ rights. In general, many investors lose money and fail to understand the cause of their losses. Many investors have unanswered questions about loses in their accounts and want answers. In addition, many clients are disturbed by the fact that their financial advisers recommended particularly risky investments in the first place.
Securities misconduct is always unique. Sometimes, brokers excessively buy and sell securities for the purpose of generating commissions – this conduct is known as churning. Other times, brokers’ misrepresent the risks of securities or sell unsuitable securities to investors.
It is important to remember investors are protected by both federal and state legislative statutes and also by industry rules 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 West Virginia.
The West Virginia State Auditors Office regulates securities in West Virginia. The Securities Commission enforces The West Virginia Commodities Act and The West Virginia Uniform Securities Act and associated regulations. The Securities Commission has many duties including the regulation of:
- securities offerings,
- commodities, and
The Securities Commission also has enforcement responsibilities including the review of investigations and complaints of broker-dealer activities within the state and investigates fraud. The principal mission of the Securities Commission is protection of West Virginia investors.
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. However, private attorneys, like the attorneys at Gana LLP, help investors attempt to recover investor money through private arbitration and litigation.
Gana LLP represents investors in all major cities across West Virginia including Charleston, Huntington, Parkersburg, Morgantown and Wheeling. To learn more about securities topics please visit our Securities Arbitration & Litigation page.