Investment Fraud Attorney in Michigan

At Mika Meyers, PLC, our Michigan investor lawyers have more than three decades of experience advocating for the rights and interests of clients. We provide proactive, personalized legal representation. If you have any questions or concerns about an investment claim, we are here to help. Call us at (616) 632-8000 or contact us online for a free, confidential consultation with an experienced Michigan securities law attorney.

We Fight for the Rights and Interests of Investors in Michigan

Mika Meyers, PLC’s experienced investment fraud lawyers have represented investors across a wide range of legal claims for more than 30 years. We are always ready to invest the time and resources to help investors in Michigan get justice and compensation. Along with other types of investment-related claims, our Michigan attorneys have experience with:

• Investment Fraud: Broadly described, investment fraud covers deceptive practices in the financial markets. These schemes can vary from misleading financial statements to the outright misappropriation of assets. Our Michigan investment fraud lawyers handle the full range of investment fraud cases. Contact us today for a free, confidential consultation.
• Churning: Churning occurs when a broker excessively trades securities in a client’s account primarily to generate commissions, disregarding the client’s investment objectives. In effect, churning transfers money from an investor to a broker in the form of excessive fees. Our Michigan investment fraud lawyers have extensive experience handling churning cases.
• Violations of the Michigan Uniform Securities Act: This statute governs various aspects of the securities business in Michigan. It provides Michigan investors with a private cause of action for misrepresentations and omissions in connection with the sale of securities. It also provides claims for (1) the sale of unregistered securities that are not exempt from registration, (2) the sale of securities by an unregistered broker or agent who is not exempt from registration, and (3) deceptive schemes conducted by investment advisors. Under the statute, investors who prevail on their claims are entitled to recover attorneys’ fees and costs.
• Fiduciary Breaches: Registered Investment Advisors (RIAs) and their representatives are fiduciaries, which is the highest standard of fidelity and care known to the law. An investment advisor can be held liable for breaches of its fiduciary duties of trust, loyalty, impartiality, disclosure, and/or care. A well-intentioned RIA can still be held liable for breach of fiduciary duty in situations where the RIA failed to make prudent recommendations or decisions, failed to disclose conflicts of interest, or otherwise failed to act in the client’s best interests. If you sustained investment losses due to a breach of fiduciary duty, contact our Michigan investor lawyers for expert guidance and unrivalled representation.
• Regulation Best Interest: Under Reg BI, brokers have a duty to make suitable investment recommendations and act in a client’s best interests in all aspects of the broker-customer relationship. Unsuitable investment advice is any professional advice given by a financial advisor that is not aligned with the client’s investment objectives, financial situation, and/or risk tolerance. If you suffered losses due to unsuitable investments in Michigan, our team of Michigan investment malpractice and negligence attorneys are here to help.
• Ponzi Schemes: Ponzi schemes are fraudulent investing scams that typically involve the promise of high rates of return with little-to-no risk to investors. The common denominator for Ponzi scheme is that funds from new investors, rather than funds from legitimate business activity, are used to pay back earlier investors, until the scheme collapses, usually when the well of new investors runs dry. If you believe that you were the victim of a Ponzi scheme, our award-winning Michigan investment loss attorneys can help.
• Unauthorized Trading: Absent special permission by a client, brokers need authority to make a trade on behalf of an investor. Without such an arrangement, the broker must obtain the client’s prior consent for each trade. Failure to do so is “unauthorized trading.” If you have a non-discretionary brokerage account, and you suffered losses from unauthorized trading in Michigan, our highly regarded Michigan securities law attorneys can help.
• Selling Away: Selling away is a broker dealing with investments that are not held or offered by the brokerage firm with which they are associated. These transactions can be risky as they may lack oversight. If you suffered losses due to a broker selling away in Michigan, our legal team is prepared to help. Initial consultations for investors are free and confidential.
• Excessive Concentration: The old adage holds that investors should not put all of their eggs in one basket. Diversification is key to limiting risk. Excessive concentration occurs when an investor’s portfolio is heavily weighted in a particular asset or sector. It raises the risk of serious losses. Our Michigan investor losses attorneys handle excessive concentration claims.
• Broker/Investment Advisor Claims: Broker and investment advisor claims may arise when investors suffer losses due to professional misconduct or negligence. We handle the full range of claims against brokers and investment advisors in Michigan.
• Dodd-Frank Whistleblower Retaliation Claims: Dodd-Frank whistleblower retaliation claims protect employees who disclose information about fraudulent or illegal activities within their companies. The provision is crucial to protect whistleblowers who disclose securities law violations. Our expert Michigan whistleblower retaliation attorneys are here to help.
• Dodd-Frank Whistleblower Award Program: The Dodd-Frank Whistleblower Award Program, implemented by the Securities and Exchange Commission, incentivizes individuals to report violations of securities laws and financial regulations by offering monetary rewards. Eligible whistleblowers can receive between 10 percent and 30 percent of the money recovered from a successful enforcement action.
• Class Action Securities Claims: Class action securities claims allow groups of investors to sue for securities fraud collectively. If you have any questions about initiating or joining a class action claim, our Michigan class action attorneys are here to help.

Why Rely on Our Michigan Investment Fraud Attorneys?

For those without experience, navigating the legal claims process for investment fraud and malpractice claims can be challenging. At Mika Meyers, PLC, we have the experience and expertise to help you. We have been protecting the rights and interests of Michigan investors for decades. Practice group chair Daniel J. Broxup JD, CFA, is a leading securities arbitration and securities litigation attorney. Our case results tell the story of what we can do for investors in Michigan. We are proactive and committed to personalized advocacy. Along with other things, our Michigan investor lawyers are prepared to:

• Listen to your story and answer legal questions.
• Investigate your case—gathering relevant evidence.
• Develop a comprehensive strategy to help you get the best outcome.
• When necessary, aggressively pursue securities litigation or arbitration.
• Represent you in any settlement negotiations or mediation.
• Represent you in trial or arbitration hearings, including hearings in the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (AAA), and other leading forums.

Contact Our Michigan Securities Losses Lawyers Today

At Mika Meyers, PLC, our Michigan investor attorneys are skilled, knowledgeable, and experienced advocates for investors. We are committed to helping investors recover the maximum compensation for their losses. Call us now at (616) 632-8000 or contact us online for a free, confidential initial consultation. We represent investors throughout Michigan, including in Metro Detroit, Grand Rapids, Ann Arbor, Lansing, Flint, Traverse City, Kalamazoo, Brighton, Mount Clemens, Benton Harbor, St Joseph, Holland, Grand Haven, South Haven, Ludington, Petoskey, Manistee, and all surrounding areas.