Austin Investor Wins $2.8 Million in
Arbitration on Claims Under
The Texas Securities Act
Arbitration on Claims Under
The Texas Securities Act
Waco, Texas
Founded in 1849 along the Brazos River, in McLennan County, Waco is located about halfway between Dallas and Austin on Interstate Highway 35. Waco is home to over 120,000 people and 100,000 more in the surrounding areas as well as the students attending the well–known Baylor University. Waco is also the birthplace of Dr. Pepper soft drinks and the Texas Rangers Museum and Hall of Fame.
If you are one of the 220,000 people living in Waco, Bellmead, Hewitt, McGregor, Robinson, Woodway, or other surrounding areas, you have worked many long and hard days to reach your financial goals. Retirement, putting your kids through college or increasing the acreage and crops you raise wasn’t easy. But if the professional you entrusted with keeping your funds safe and properly invested has violated your trust then you need to seek experienced, professional assistance in an effort to recover your investment losses.
Here are some of the stockbrokers and investment advisors located in Waco, TX.
| National Firms | Regional Firms | Small (Boutique) Firms |
| UBS Financial Services Inc. 200 W Highway 6 American Plaza #400 Waco TX 76712 | Stifel, Nicolaus & Co. Inc. 1200 W Highway 6 Suite #3 Waco, TX 76712 | LPL Financial LLC 6709 Bishop Drive Waco, TX 76710 |
| J.P. Morgan Securities LLC 800 Hewitt Drive Waco, TX 76712 | Robert W Baird & Co. Inc. 272 Kathryn Lane Waco, TX 76708 | Edward Jones 5016 Lakeland Circle #A Waco, TX 76710 |
| NYLIFE Securities LLC 823 Washington Ave #200 Waco, TX 76701 | Horace Mann Investors, Inc. 1195 Wooded Acres Dr #260 Waco, TX 76710 | Investors Brokerage of Texas, LTD. 225 South 5th St. Waco TX 76701 |
| Northwestern Mutual Investment Services 510 N Valley Mills Dr #503 Waco, TX 76710 | GWN Securities Inc. 1600 Lake Air Drive Suite 131 Waco TX 78710 | |
| State Farm VP Management Corp. 1221 Hewitt Dr. Suit C Waco, TX 76712 | Signal Securities, Inc. 5400 Bosque, 4th Floor Waco, TX 76710 |
Many people just like you have no idea they have been defrauded. They are told and believe “that’s just how the market works.” In reality, your broker or advisor may have misled you with false statements or omissions, unauthorized trading, mutual fund fraud, selling away, over–concentration, Ponzi schemes, failure to follow directions or other type of fraud. On our FAQ page, firm founder Brian T. Forman explains the many different types of stockbroker and securities fraud and discusses the warning signs to be on the lookout for.
The Forman Law Firm, P.C. founder, Bryan T. Forman, has spent the majority of his early business career in the brokerage industry, serving as Chief Executive Officer and General Counsel for several brokerage firms which he founded. Mr. Forman is a native Texan, was raised in Tyler, Texas and currently makes his home in Austin. He is a member of the State Bar of Texas.
One of the more common types of investment fraud is placing your funds into an “unsuitable” investment.
When you open up an investment account with a brokerage firm or investment advisor there should be an in-depth written analysis made by your investment professional of factors like what your investing experience, risk tolerances and investment objectives are. From this analysis, that investment professional will produce suitability standards unique to you and can build a portfolio with diversified investment products that fit the amount of risk you allow him to take with your money. Before any of your funds are invested each investment product should be explained to you including the risk factors unique to each product. You may be asked to allow discretionary authority to the investment professional. If granted by you, that means he or she can make investments without getting your permission on each one before they can buy or sell a security.
The trouble usually originates when the professional deviates from the suitability standards. They may omit facts that would trouble you, either in error or because there is higher compensation paid to him/her from the proposed investment. The “excuses” are endless, but the fact remains they took too much risk with your money and now you have to somehow recover lost funds.
If you suspect that you have lost money through brokerage fraud, misconduct, or mismanagement, and you are not sure what your rights are or what to do next, please contact the Forman Law Firm, P.C. today for a confidential Free Case Evaluation.
The Forman Law Firm, P.C. is conveniently located in Austin, ready to help you in this highly specialized area of law. The Forman Law Firm, P.C. specializes in securities arbitration, mediation, and litigation and seeks to recover lost investments for those victimized by broker misconduct. The firm also assists brokers and advisors in regulatory and enforcement proceedings and employment matters.
Our Austin office is located at 248 Addie Roy Road Building B Suite 302, Austin TX 78746
To schedule your free evaluation, simply call (866) 597–2221, email info@formanlawfirm.com, or fill out and submit our online “Contact Us” form.