Florida Securities Fraud LawyerWhy Should You Contact The Securities Fraud Lawyers Of Savage Villoch Law?
Savage Villoch Law, PLLC, has been helping investors recover their investment losses for many years, including a recent victory of almost $16,000,000.00 against a ‘brand name’ stock brokerage. The recovery was based on the brokerage firm’s failures related to the retirement assets of a retired couple who had turned to Savage Villoch Law, PLLC. We successfully proved that due to the individual broker’s acts, the brokerage firm was responsible for these extraordinary losses.
Our group of dedicated attorneys, paralegals, and legal assistants diligently represent investors who have suffered stock losses or other investment loss. Our Florida investor loss lawyers have decades of experience representing investors who have suffered significant stock, bonds, variable annuities, indexed universal life insurance (“IUL”), private placements, and losses in other investments. This list of investments where you might have lost money is not complete because there are many possible investments in which you can suffer large losses.
Each of Savage Villoch Law’s reputable and respected Florida securities fraud lawyers are available to represent clients in investment loss cases throughout the United States, Puerto Rico, and other parts of the world even though our firm is based in Florida. If you or a loved one has suffered investment losses after entrusting retirement assets to a stock brokerage or registered investment advisor, Savage Villoch Law, PLLC, will work to help you recover. Stock losses resulting from fraud, negligence, or other failures are not limited by borders. Thus, even if you live outside the United States, you may suffer investment losses at the hands of a ‘bad broker’ in the U.S. Savage Villoch Law, PLLC’s securities fraud lawyers are ready, willing, and able to help clients, no matter where you live, to recover investment losses due to fraud, negligence, and other causes of action.
Securities fraud attorney, Robert "Bert" Savage, is a former securities industry regulator, having worked in New York City’s financial district with the stock market’s regulatory agency now known as FINRA. After earning his MBA and law degree at the University of Florida, ranked as a Top 25 law school in the nation and a Top 5 graduate business school, he was a founding partner of a stock-brokerage firm that ultimately had offices in many states. Mr. Savage served as general counsel where he learned the stock brokerage business from the inside. Since 2004, he has used his skill and knowledge of the brokerage industry to help investors recover their losses. For 5 years, Mr. Savage worked full time as a law school professor teaching securities and investment loss issues and training law students to become attorneys that can help investors recover their financial losses. Bert has been cited in news publications and presented at national law conferences on securities loss related matters.
Mr. Savage understands the complexities of the financial issues faced by our clients as well as how stock brokerage firms operate. Bert now uses his education, experience, and insights to represent individual investors who have suffered financial losses at the hands of their financial adviser or stockbroker.
Two other very experienced and skilled securities fraud lawyers based in our Florida office work closely with Mr. Savage to aggressively fight for our clients, Alfred Villoch, III, and Brenda Combs.
Alfred Villoch, III, after graduating from Penn State Law, developed his outstanding litigation skills working at large national firms representing clients of all types. His dedication and insight to righting the wrongs done by brokerage firms and investment advisors to our clients have yielded strong positive outcomes. Alfred’s aggressive representation of the firm’s investment loss clients’ rights is invaluable to our continuing efforts help investors recover their losses due to stockbroker negligence or fraud.
Brenda Combs graduated from the University of Florida’s law school where she shined as an outstanding attorney in training. After passing the bar, her exceptional attorney skills became immediately apparent, and Brenda has worked for decades forcefully fighting for her clients with terrific results. Ms. Combs’s litigation and analytical skills have helped many clients recover damages from stockbrokerage firms across the country.
We are Florida securities fraud lawyers, but no matter where you live, turn to us to help you stand up for your rights against your stockbroker or investment advisor.
Did you know that investment advisors, financial advisors, stockbrokers, and their firms can cause investor losses in many ways? Some of the more common ways that investment advisors and stockbrokers cause investor harm include, to name only three: 1. “churning” of clients’ accounts, 2. making unauthorized trades, and 3. making material misrepresentations or omissions to investors. When these, and other, activities happen, you have rights to pursue. “Churning” is that instance where a stockbroker of other financial advisor makes a large number of trades in your accounts for the sole purpose of generating commissions. “Unauthorized trades” are trades that were made by your broker or investment advisor without first discussing with you and getting your approval to make the trades. Actively deceiving investors about “material facts” by either misrepresenting or omitting to disclose facts about an investment that would have been ‘material’ to your decision to make that investment. There are many other actions that give rise to rights that you may pursue.
The types of recovery you can pursue depends on the facts of your case. However, some common types are to pursue your “benefit of the bargain” damages, your “missed opportunity” damages, your “well-managed account” damages, and potentially other losses that occur in your account due to your stockbroker or financial advisors’ negligence and/or fraud.
Your “benefit of the bargain” damages are losses you suffer based on the fact that the stockbroker promised you that a recommended investment would perform in a certain way, but it did not or will not.
So, for example, say that your financial advisor/stock broker convinced you to purchase an annuity or an IUL by telling you that you would get a certain amount each year. Then, it turns out that the promised number changes. In that case, perhaps you were promised the ability to take out $50,000.00 per year when you retire. A few years later you find that the IUL company tells you that you will only be able to take $25,000.00. This would be a material misrepresentation because had the stockbroker or adviser had disclosed this to you, it would have impacted you decision to buy that investment. Similarly, the commissions paid to the advisor/stock broker were not disclosed and you later learn that the commissions on a IUL or an annuity are remarkably large. Had the advisor/broker disclosed how much they make as soon as you sign on the dotted line, you would have been shocked and perhaps would not have followed the advice given to you.
‘Missed opportunity’ losses are claimed based on what you would have earned had the advisor/broker not convinced you to buy their recommendation and instead you invested your money in more diversified and suitable investments. These ‘missed opportunity’ damages can also be very large, particularly if the recommended investment was a poor performing IUL or annuity.
‘Well managed account’ damages are the losses you had because you bought the recommended IUL or annuity. Had the advisor/broker instead recommended a well-diversified portfolio designed for an investor with your risk tolerance, investment objectives, and investment goals and that portfolio performed much better than the IUL or annuity you actually purchased.
If you suspect that your investment adviser or stockbroker might have caused you investment losses, Savage Villoch Law, PLLC, will offer you a FREE CASE STUDY and, if warranted, we can sue for damages in court or bring an arbitration claim before the Financial Industry Regulatory Authority (FINRA), an organization that oversees the financial services industry. No matter where you live, Savage Villoch Law can evaluate your case and represent you in your stock loss suit or arbitration. Savage Villoch Law’s team of experienced stock laws attorneys, including Mr. Savage, a former regulator and law professor, understand what your adviser or stockbroker should have done to correctly handle your investment portfolio. Savage Villoch Law has the skills, experience, and results to help you work to win back your money.
Are you concerned about securities fraud or negligence associated with a financial loss? Do you think you adviser or broker might have been at fault? It is important to have an experienced law firm that focus on representing investors to represent you. on your side. Firms usually have big law firms handle their legal defense, and you should hire an experienced securities fraud lawyers to go head to head with even the largest brokerage firms and banks. Call us at 813-200-0013 or use our online form to set up a consultation. You'll get to talk to an experienced securities loss attorney to discuss your case. Don't delay!