Is Your Professional Financial Adviser Less Than Transparent?

Hidden fees and commissions, purchasing risky stocks, unsuitable stock purchases for elderly or nonsophisticated customers, moving your money into and out of different stocks or selling investments sooner than 12 months after a purchase are some of the red flags that your financial adviser may not be acting in your best interest. Sometimes investors ignore the red flags or use an adviser who is not registered with any regulatory body.

Retirees or elderly people are often targeted by less unethical financial advisers who invest their clients' money in speculative gas and oil deals, or companies that do not pay dividends or take other excessive risks with their money. Valenti Hanley PLLC represents domestic and international investors with securities-related claims in federal and state courts, and with arbitration claims before the Financial Industry Regulatory Authority (FINRA) as well as other private arbitration bodies in Kentucky. Among the claims our attorneys handle against both national and small firms are:

  • Churning accounts and excessive trading
  • Unsuitable recommendations (suitability)
  • Statement/account reviews
  • Negligence/failure to disclose risks
  • Unauthorized transactions
  • Breach of fiduciary duty/fraudulent conduct
  • Failure to supervise agents of broker-dealers

If you suspect that fraudulent activity has occurred on your account, contact our firm as soon as possible to begin an investigation. With combined experience of over 60 years practicing law, Jim McCroklin and Michael Valenti have obtained millions of dollars' worth of arbitration awards and settlements on behalf of investors.

Preserving Your Assets With Proactive Legal Representation

Raising capital in private placement transactions can be highly lucrative for those who do not want their investments idle. However, brokers marketing private placements may not always have the best history. Often, they come with a history of investor complaints against them, regulatory actions, criminal charges or a slew of firings and disciplinary actions, or they do not use a clearinghouse.

It is important that clients take a proactive approach, immediately retaining counsel if suspicious activity appears on the account. Our firm's experience in securities litigation and arbitration gives us the ability to spot inconsistencies and fraudulent activity, immediately taking action to protect your interests.

Contact Our Firm For Trusted Investor Advocacy

At Valenti Hanley PLLC in Louisville, we maintain a comprehensive securities law practice and provide reliable investor legal representation. If you have reason to believe your financial adviser has steered you wrong, call our lawyers right away at 502-208-5017 or toll free at 866-617-6209. You may also reach us online by completing our form.