Securities Fraud Lawyer

When a broker or financial advisor fails their client, either through intentional misconduct or negligence, clients have various avenues for compensation under the law. Those harmed by a broker of financial advisor’s recommendations or failures may have a right to assert legal claims to recover their losses, including reimbursement of attorney’s fees, costs, and other damages. Claims often involve failed or faulty products, such as “Alternative” investments like Non-Traded REITs, Limited Partnerships, and Private Placements. Often, brokers and financial advisors are misinformed by their own employers about the nature and risks of these products. Typical claims involve unsuitability (violation of FINRA’s Suitability Rule 2111), over concentration of assets, breach of fiduciary duty and failing to act in the customer’s best interests or comply with Regulation Best Interest (“Reg BI”), or recommendations of high risk or speculative investments or investment strategies, such as options trading strategies, or even charging excessive fees or commissions.

Bixby Law PLLC represents clients on a contingency fee basis, meaning you do not pay us any fees or costs unless you first make a recovery. Initial consultations are confidential, free, and no obligation. Contact us today to learn how we can utilize our experience to fight for your rights and seek justice on your behalf.

Practice Areas

1. Securities & Investment Fraud
2. FINRA Arbitration
3. Complex Litigation and Crypto Fraud

Verdicts and Settlements

Michael Bixby has achieved numerous verdicts, settlements, and judgments in excess of $1 million, including multiple record setting FINRA Arbitration Awards.

• $19 million plus full well-managed, fees, and costs FINRA arbitration award for an investor involving Puerto Rico Closed End Funds against UBS Financial Services (the largest such arbitration award against UBS out of several thousand similar Puerto Rico bond fund claims filed),
• $1.16 million plus arbitration award involving non-traded REITs and other similar products against brokerage firm Berthel Fisher and its Control Persons (as of 2022 this was the largest FINRA Arbitration customer verdict ever obtained against that brokerage firm which included attorney’s fees, costs, and punitive damages).
• $3.5+ Million Judgment Against Financial Advisor and Related Company in Kessler v. Ball, Case No. 2015-CA-000813, Escambia County Circuit Court
• $1.1+ Million Judgment on Securities Fraud Claims in Pennington v. Four Kings Club, et al. (Civ. Action No. 2014-CA-004440 – Okaloosa County Circuit Court).
• $363,000 Arbitration Verdict Against UBS Financial Services, Inc. in De Jesus, et al. v. UBS Financial, et al. (FINRA No. 14-02995)
• $470,000 Arbitration Verdict against UBS Financial Services, Inc. in Ramos, et al. v. UBS Financial, et al. (FINRA No. 14-03016)
• $959,000 Judgment against former Financial Advisor in Scheet, et al. v. James Young (Civ. Action No. 2016-CA-000001 – Escambia County Circuit Court)