Austin, Texas Investor Wins $ 2.8 Million in Arbitration on Claims Under The Texas Securities Act Investors in Private Offerings in Texas Have Substantial Tools At Their Disposal Through the Texas Securities Act (TSA). In February of 2018, we posted a piece about how the Texas Securities Act was a…
Offering bonuses in the form of employee forgivable loans (EFLs) is common in the financial industry, but these so-called bonuses can result in a trap for unsuspecting brokers (see our website here). While there are a variety of defenses (LINK) available to brokers when a brokerage firm seeks to enforce…
This week FINRA published a Recovery Checklist for Victims of Investment Fraud and at the risk of being called sensitive, it seems the Checklist seemed to omit, at least on its face, that hiring an attorney may be the most direct route to seeking any compensation that may be due…
As a Texas securities attorney I have been involved in the securities industry over much of the last three decades, and it seems the debate over the fairness of mandatory arbitration before FINRA between customers and firms or brokers has been heated, and near constant. Periods of greater scrutiny seem…
Can I Sue My Stockbroker? Well, yes and no. The question is more appropriately “How do I sue my stockbroker?” or “Where can I sue my stockbroker?” As I will explain shortly, the common denominator to all of these answers is that investors can (and should) seek recovery when their…