Premier Missouri Securities Arbitration and Investment Fraud Law Firm

Call Israels & Neuman, PLC today to speak to an attorney who can help you determine if you can recover some or all of your investment losses. CONTACT US at (720) 599-3505 or (206) 795-5798 for a free and confidential consultation. Israels & Neuman, PLC offers contingency fee representation, so there is no attorney fee unless we recover money for you! All inquiries are strictly confidential.

Who are the Attorneys at Israels & Neuman, PLC?

Israels & Neuman, PLC is a securities and investment fraud law firm that represents Missouri investors who have lost money through the actions or inactions of their financial advisors, stockbrokers, financial advisory firms and brokerage firms. Aaron Israels and Dave Neuman have represented hundreds of aggrieved investors in securities arbitration cases filed in FINRA Arbitration (the Financial Industry Regulatory Authority), the American Arbitration Association (AAA), and JAMS (Judicial Arbitration and Mediation Services).

Who Do the Attorneys at Israels & Neuman Represent?

Israels & Neuman, PLC has represented aggrieved investors throughout Missouri, including the areas near Kansas City, St. Louis, Springfield, Columbia, Independence, Lee’s Summit, O’Fallon, Saint Joseph, Saint Charles, Jefferson City, Saint Peters, Blue Springs, Joplin, and many others.

How Does Israels & Neuman Help Investors Recover Losses?

We represent investors in Arbitration or Court proceedings to help you recover investment losses. Our attorneys file claims for:

1. Unsuitable Investment Recommendations: An investment is not suitable if it is not an appropriate investment for a particular investor. When assessing a suitability case, factors looked at include an investors age, need for liquidity, risk tolerance, investment goals, and investor sophistication. An example of an unsuitable investment could be a broker recommending a high-risk product to a retired person. FINRA’s Suitability Rule, Rule 2111 can be found HERE. Investors who were recommended unsuitable investments may be entitled to compensation and should contact Israels & Neuman, PLC, as soon as possible.
2. Failure to Supervise Advisors and Brokers: FINRA Rule 3110 can be found HERE. The rule requires broker-dealers to establish and maintain a system to supervise the activities of each associated person to achieve compliance with applicable securities laws and regulations, and with applicable FINRA rules. What this means is that brokerage firms have an ironclad obligation to monitor what their employees are doing and how your accounts and investments are being handled. When firms fail to do so, they can be liable for investment losses.
3. Violations of Reg BI (Regulation Best Interest): Regulation Best Interest, known as Reg BI, was created under the Securities Exchange Act of 1934 and establishes a higher standard for broker dealers known as the “Best Interest” standard. This standard applies to retail customers of the firm and requires that the broker and his firm act in the best interest of their clients. Reg BI changed the landscape for many aspects of the business, including broker compensation, product sales and record keeping. Israels & Neuman has handled many Reg BI cases and Attorney Aaron Israels has spoken on this rule and its applications publicly. Call Israels & Neuman, PLC today for a free consultation.
4. Ponzi Schemes, Stolen Money, Selling Away: A Ponzi scheme is an investment scheme in which funds are raised from new investors in order to provide returns (such as dividends, distributions or fictitious interest) to other investors. Most Ponzi schemes very little or no legitimate business. There have been many famous Ponzi schemes, such as Bernie Madoff’s scheme, but Ponzi schemes happen much more frequently on a smaller scale and are often times directly perpetrated or inadvertently financed by financial advisors. Our office has dealt with many Ponzi schemes that were funded by an advisor “Selling Away”, meaning that the advisor was selling products that were not approved by his or her firm. Selling away is a violation of FINRA Rules 3270 and 3280. When this happens, their employing firm can be held liable for damages.
5. Breach of Fiduciary Duty: All registered investment advisors have a fiduciary duty to their clients under the Investment Advisors Act of 1940 and also, pursuant to various state Securities Acts. In some instances, brokers are also fiduciaries, such as when they are trading a discretionary account or, when a specific state law mandates it. Fiduciaries owe the highest degree of care to their clients. This includes the obligation to act in the client’s best interest, at all times, and put their clients’ interest above that of the advisor or the firm. If you are concerned about a potential breach of fiduciary duty, you should contact Israels & Neuman, PLC, for a free case review.
6. Financial Advisor Malpractice and Negligence: Malpractice is another way of referencing negligence of a professional. Negligence generally involves a legal duty to act as a reasonable person would under the same circumstances. However, the legal duty imposed on professionals can be elevated depending on the nature of their task. If there is a departure from the legal duty, a claim for malpractice or negligence can arise and it is critical to hire an attorney with experience and knowledge about financial negligence in order to properly evaluate the case. Israels & Neuman has handled many cases involving malpractice and negligence. Contact us to find out what your rights are if you have suffered investment losses.
7. Improper Use of Margin or Loans: Margin trading and securities-backed loans can amplify both gains and losses, making them attractive but highly risky for investors who are not prepared for market volatility. A sharp decline in asset prices can trigger margin calls, forcing investors to sell securities at a loss to cover borrowed funds, potentially wiping out their entire investments. Interest rates on margin loans can fluctuate, increasing the cost of borrowing and making it harder for traders to maintain profitable positions. Overleveraging through margin trading can lead to financial ruin, as losses can exceed the initial investment, leaving traders in significant debt. In extreme market downturns, securities-backed loans may be called in by lenders, forcing borrowers to liquidate assets at unfavorable prices, exacerbating losses. Our attorneys have extensive experience dealing with losses arising from margin and securities backed lending. Call us today for a free consultation.
8. Securities Fraud and Misrepresentations: Most securities fraud cases involve violations of federal or state Securities Acts. Key components of securities fraud are the advisor knowingly making false statements in the purchase or sale of securities, or omitting material information from an investor. State securities laws are generally more favorable to investors because they have lower standards for “intent” and longer periods under which an investor can sue for damages. Regardless, statutes of limitations in securities cases can be short and investors who have been defrauded should contact Israels & Neuman, PLC, as soon as possible to discuss their rights as an investor.
9. Overconcentration and Failure to Diversify Investments: Brokers and advisors need to ensure that they are not putting all of a client’s money into one basket. Diversification is one of most fundamental principles of investing. A diversified portfolio should contain a variety of investments (such as stocks, bonds, and mutual funds) across multiple sectors, with all investments properly weighted within the portfolio. Diversification across an investment portfolio can reduce the risk of loss to an investment portfolio and also, can increase gains for investors. Overweighting a portfolio in one type of investment or a class of investments can have catastrophic results and lead to investment losses. If you have suffered losses due to an advisor’s failure to diversify, contact Israels & Neuman, PLC for a free and confidential consultation.

What Can the Attorneys at Israels & Neuman, PLC Do to Assist You?

1. We know that most people are new to this process, and we can help you understand your legal options and the process associated with each option.
2. We will work with you to create a plan of how to best resolve and prosecute your claims.
3. We can thoroughly review and investigate the strengths and weaknesses of your potential claims.
4. We can make sure that all evidence is secured to make your case as strong as possible.
5. We can prepare and process lawsuits in court or claims in arbitration to properly protect your legal rights.
6. We will ensure that as your case moves through discovery and settlement, you are always involved, informed and kept up to date.
7. We will present your case to the trier of fact, which could be a judge, jury, or arbitrator(s).
8. We will be there for you and will work as hard as we can to get you the best result possible.

What Makes Us Different?

1. We return our clients’ calls and respond to emails promptly.
2. We work every case, regardless of the size, like it’s our most important case.
3. You will work directly with our experienced attorneys, not support staff.
4. We are there for our clients and we listen to their concerns.

What Should Missouri Investors Do if They Suspect Financial Advisor Negligence?

If you suspect advisor negligence, you should call the law firm of Israels & Neuman for a free, no obligation case review. As an investor, you should know that Missouri residents are protected by the provisions of the Missouri Securities Act of 2003. This Act regulates the sales of securities in the State of Missouri and also imposes regulations on the securities industry. Under Missouri law, a brokerage firm and advisory firm can be liable for each and every bad act committed by agents and brokers, jointly and severally, to the same extent that its agents would be liable for the bad act. This means that you could be entitled to damages from your advisor and their firm when the law is violated.

What Should Missouri Investors Do if They Suspect Investment Fraud?

Aggrieved investors should contact an experienced attorney at Israels & Neuman for a free, no obligation case review to discuss their rights. Investors should also make sure that all documents related to their investment losses are kept somewhere safe. Finally, investors should be careful of who they speak with regarding their investment losses and should always assume their conversations are being recorded and will be used against them later.

What Resources Are Available to Missouri Investors Experiencing Securities Fraud?

The Missouri Division of Securities, with offices in Jefferson City, was created to help enforce the provisions of the Missouri Securities Act of 2003.

CONTACT US for a free evaluation of your case.
(720) 599-3505 or (206) 795-5798

aaron@israelsneuman.com
dave@israelsneuman.com

This webpage is advertising attorneys’ FINRA and securities arbitration services only. Attorney Aaron Israels is licensed to practice law in CO, AZ, IL, and MI. Attorney David Neuman is licensed to practice law in IL, FL, and WA. This website and its pages are not an offer to practice law in jurisdictions where attorneys are not licensed to do so. When required, attorneys will affiliate with local counsel for arbitration proceeding representation.