Experienced, Securities Fraud Litigator With A Track Record Of Success
Lendrum Law Firm, has represented victims of Securities Fraud, stockbroker malpractice, investment advisor malpractice and Investment Fraud throughout California for over 33 years and has been instrumental in achieving recoveries of more than $100 million on behalf of our clients.
Mr. Lendrum is proud to have been recognized by San Diego Magazine as a San Diego Top Lawyer in Securities Litigation, based on peer reviews from fellow attorneys and from judges. Mr. Lendrum was also recognized as one of Southern California’s Legal Leaders by the Los Angeles Times in the categories of consumer law and litigation.
Victims of securities fraud, stockbroker malpractice, investment advisor malpractice, financial services malpractice have possible remedies in state and federal court and often through arbitration before the Financial Industry Regulatory Authority (FINRA). Fortunately for investors, the securities laws provide for protection even for the most sophisticated investors from financial services fraud and can allow for recovery even when the perpetrator of the fraud did not intentionally cause the harm. The potential recovery to a victim of securities fraud includes damages or return of the investment plus statutory interest. In some cases, it is also possible to recover punitive damages, treble (or triple) damages and attorneys’ fees.
Securities Fraud, sometimes referred to as stockbroker fraud or investment fraud, generally involves misrepresentations of or failure to disclose facts that a reasonable investor would consider important to making an investment decision.
Securities laws protect investors not just in connection with stocks and bonds, but virtually all investment products sold to consumers, including many promissory notes, various real estate interests, including tenant-in-common (TIC) investments, partnership interests, limited liability company interests, Real Estate Income Trust (REIT) units, and any other investment program where the return on the investment is dependent on the efforts of others.
According to a report by the Securities Investor Protection Corporation (SIPC), state securities regulators estimate that fraud in connection with the purchase or sale of investment products results in losses to investors of $10-$40 billion per year. In addition to large institutional investors and pension funds, most often the victims of stock fraud and other investment faud include mom-and-pop investors who are trying to act responsibly with their retirement savings.
Navigating the complexities of the securities laws — which often overlap with other laws such as financial elder abuse, breach of fiduciary duty, negligence, fraud, theft, embezzlement and Ponzi schemes — requires a securities attorney with particular experience in handling complex securities litigation.
Contact The Firm Today
If you believe you have been a victim of securities fraud, please contact our investment lawyer Law Firm, at 888-809-7832 or via email to set up a free consultation.