Broker-Dealers & Executives
Our lawyers are skilled at defending broker-dealers, registered representatives, financial advisors, and corporate officers and directors against lawsuits filed under the complex and changing maze of federal and state securities laws and regulations. We offer effective help to broker-dealers facing investor lawsuits alleging breach of fiduciary duty, improper investment advice, churning and other claims (including those made by former employees).
Our litigators also regularly represent broker-dealers in other professional liability matters, such as broker raiding cases involving non-competition and non-solicitation contracts and in regulatory and disciplinary matters before state and federal regulators as well as the Financial Industry Regulatory Authority (FINRA) and the securities exchanges.
Broker-dealers also ask our help when facing allegations of underwriting misrepresentation, including those involving derivatives and other structured financial products caught up in the subprime lending crisis.