Plaintiffs' Personal Injury Law Firm

Global Recession

The seemingly infinite prosperity of the 21^st Century was short lived. A market which promised every American a home, every investor high returns and every entrepreneur infinite success culminated in what history will remember as a market meltdown and unmitigated credit crisis. As we entered into a global recession costing the US government and governments around the world trillions, investors were left with substantial losses and an inability to understand how their seemingly safe investments could simply evaporate. Many investors were left laboring under the misapprehension that the losses they incurred were an inevitable result of the seemingly extraordinary market collapse.

Our lawyers and in-house financial analysts have been working diligently confirming many investors' suspicions that the significant losses they suffered were in fact an inevitable consequence of their investment advisors misrepresentation of risk and dereliction of duty. The aftermath of the sudden market decline exposed an endemic of fraud and misrepresentation by many underwriters, brokerage houses and broker-dealers regarding the true speculative nature of the financial products they knowingly recommended to unsuspecting investor nationally and internationally.

The law firm of Napoli Bern Ripka LLP currently has hundreds of cases pending before the Financial Industry Regulatory Authority (FINRA) against brokerage firms and investment advisors for various breaches of duty, including: failure to recommend suitable investments, overconcentration in a single asset classes and for the failure to disclose risks when making a recommendation which was the true and proximate result of investor losses.

We are also reviewing the commission charges and agreements. Investors should be weary of 'churning' or the buying and selling of securities merely to generate commissions. Besides trading activity, the actual agreement may also violate the law if it in anyway seeks to share in your profits. Our team recently won an award of $50,000 representing the total commission our client paid pursuant to a commission agreement contrary to law.

Whether you are a national or international investor in the US financial markets or in securities issued in the US, we invite to you to review our website at www.napolibern.com to learn more about our firm.

To learn whether you were a victim of fraud or misrepresentation entitling you to be fully compensated for all of your financial losses, please contact Mr. Adam J. Gana, Senior Counsel, at [email protected] or (212) 267-3700 for a free evaluation of your investment account. All consultations are strictly confidential.

For foreign investors, we also speak Spanish, Turkish, Greek, Polish and Russian.