Investment Advisor Whistleblower Lawyer
Investors must be able to trust and rely on their advisors. While some investment advisors take advantage of this, an investment advisor whistleblower lawyer can help you expose them.
Many investors rely on investment advisors to help them make smart decisions with their finances. Unfortunately, unwary investors can be taken advantage of by fraudulent advisors, potentially costing them large sums of money.
Unfortunately, the only regulatory body that oversees the majority of investment advisors is the Securities and Exchange Commission (SEC), and they’re spread thin as it is. Because of this, the SEC relies on whistleblowers to help them expose fraudulent advisors and protect investors.
It’s not always easy to recognize fraud when you see it, however, making it critical to work with an investment advisor whistleblower lawyer from Meissner Associates.
What Kind of Investment Advisor Fraud Is the SEC Interested In?
Fraudulent investment advisor activity can take many forms. Some of them are designed to directly defraud unwitting investors, while others falsely promote the advisor’s investment success and competence.
The SEC is primarily interested in fraudulent activity that materially deceives investors, causing them to make investment decisions different from what a fully informed investor would. The more widespread this fraud is and the larger the number of investors affected, the more likely the SEC is to launch an investigation.
In the past, whistleblowers have successfully exposed investment advisors for committing the following types of fraud:
- Overbilling client accounts
- Failing to fully disclose fee arrangements
- False press releases and promotions
- Parking and steering schemes
- Failing to disclose conflicts of interests
Blowing the Whistle on Investment Advisor Fraud
The SEC recently increased staffing of the Investment Advisor/Investment Company Examination Program, which means that they are keenly interested in the information provided by whistleblowers in these situations.
By working with an investment advisor whistleblower lawyer, you can remain anonymous while submitting your tip to the SEC for review. If the SEC does launch an investigation and over $1,000,000 in sanctions are collected, you’ll be rewarded with between 10 and 30 percent of that money as your whistleblower award.
Even better, the protections offered by the Dodd-Frank Act will also prevent the subject of the SEC from retaliating against you for exposing their fraud. This means that you can expose a fraudulent investment advisor, protect investors, get rewarded, and be legally protected.
Contact an Investment Advisor Fraud Whistleblower Lawyer
Becoming a whistleblower is the right thing to do when you’re aware of investment advisor misconduct, but doing so can feel intimidating. You don’t have to do it alone, however: Meissner Associates has been helping whistleblowers come forward since 2001, and we can help you, too.
By submitting your tip for a free and confidential evaluation performed by an investment advisor whistleblower lawyer, you can find out if the SEC is likely to act on your information—all with no risk or cost to you.
Let our experience and knowledge help you determine if you have a strong whistleblower tip. Just call 1-866-764-3100 or simply submit the form below.