Financial Services Litigation | Securities Litigation Attorney | FINRA Defense Lawyers - Wilchins Cosentino & Novins LLP
Financial Services Litigation
- Securities Litigation
- Broker/Dealer Disputes
- Regulatory and Compliance
- Customer Initiated Claims
Our attorneys have substantial experience in securities litigation, with an emphasis on disputes involving broker-dealers, registered representatives, investment advisors and financial planners. Our financial services litigation attorneys have extensive experience in complex litigation and thorough knowledge of both securities law and the investment community.
We often represent investment professionals, advisors and their managers in compliance examinations, investigations, administrative proceedings and enforcement actions brought by regulatory bodies including the SEC, FINRA and state securities agencies. The firm’s securities litigation experience includes substantial work in the following areas: defending our clients against claims asserted by institutional and retail customers, such as those alleging fraud, misrepresentation, unauthorized exercise of discretion, churning, unsuitability, failure to supervise, improper margin calls and unfair securities liquidations. We have represented our clients in these disputes in state and federal courts around the country, as well as arbitration sponsored by self-regulatory organizations including FINRA.
We have appeared in investment-related arbitrations administered by FINRA and the American Arbitration Association. We also represent financial advisors in FINRA enforcement actions; internal investigations relating to potential legal/compliance issues; defense of investor claims of fraud and misrepresentation and other violations of securities laws. We also represent firms and investors in a wide range of civil disputes.
Wilchins Cosentino & Novins handles securities and financial services matters before the FINRA, SEC and state regulators involving various subject matters, including:
- Fee-based brokerage accounts
- Unauthorized trading
- Market timing of mutual funds and variable annuities
- Market manipulation
- Sales practices relating to variable annuities
- Options trading and supervision
- Investment advisor services
Wilchins Cosentino & Novins attorneys have substantial experience in litigating disputes between and among securities firms and registered representatives regarding employment issues, including so-called "raiding" cases.
We routinely represent both member firms and registered representatives nationally and throughout New England, in injunction hearings in federal and state courts.
The most effective remedy is to eliminate customer claims from your record. If a financial advisor is able to meet the requirements for expungement, which are set forth in the FINRA rules, a successful expungement request removes the dispute from both the financial advisor’s CRD and BrokerCheck record. Wilchins Cosentino and Novins have obtained numerous orders on behalf of registered representatives, requiring the expungement of information on Form U-5.
During the course of our practice, our attorneys handle claims involving a variety of investment products, fee-based accounts, equities, bonds, mutual funds, options and variable and fixed annuities.
We represent clients on both sides of customer-initiated complaints. Our attorneys are equally committed to recovering financial losses suffered by customers that are due to the wrongful acts of financial advisors, and to defending against false claims of wrongdoing against financial advisors.