A message from Tracy Stoneman -
You've worked hard for your investment dollars and chose what appeared to be a dependable broker, brokerage firm, or perhaps, an online brokerage firm and you dove in with both feet, placing your trust and money hoping that they will serve your best interest! However, oftentimes what looks good at first glance may result in disastrous consequences. It begins with a loss of trust, as your portfolio didn't produce what was promised or worse took a horrible nosedive. Then you find your trusted financail adviser has engaged in wrongdoing - neglience, fraud,
unsuitability, unauthorized trading - or, heaven forbid, failed to follow your instructions. Fortunately for all investors, the securities industry is well-regulated, and you have a remedy if these acts of wrongdoing occurred. You should not waste time deciding what action to take.If you have reason to believe that you have been the victim of fraud or misrepresentation, you have the opportunity to seek justice. But, you must choose an aggressive and experienced securities arbitration lawyer - it is vital to recovering your investment losses.
Tracy Pride Stoneman
Give me a call so we can discuss your situation!
Tracy Stoneman of Stoneman Law is a nationally recognized securities arbitration lawyer with offices in Colorado and Texas, recovering millions in restitution for her clients!
FREE CASE CONSULTATION
CALL (800) 783-0748
As an attorney specializing in securities law,
my practice revolves around counseling clients, individual investors, who
believe that their investment was mishandled or that they were misled during
the investment process. Within this website you will learn about brokerage fraud, negligence, securities fraud, unauthorized trading, churning, arbitration, recovering losses, and why it's
important to hire an experienced securities attorney with a deliberate winning strategy.
Ms. Stoneman also represents stockbrokers and investment advisors for wrongful termination, slander/libel, U-4 & U-5 violations, and contract/promissory disputes.
SERVICES OF STONEMAN LAW
Calculations and Well-Managed Portfolio Analysis
Hourly/Contingency Fee Agreements
- Hourly Fee Agreements
HERE IS NO SUBSTITUTION FOR EXPERIENCE
Is there a way for me to recover my losses?
AREAS OF EXPERTISE OF STONEMAN LAW
- Misrepresentations and omissions
- Breach of Fiduciary Duty
- FINRA & SEC Regulations
Fund & Hedge Fund Mismanagement
- Due Diligence
- Securities Fraud
- Unauthorized Trading
- Options, Stocks & Bonds
- Compliance Violations
- Supervisor of Registered Representatives
- Supervisory Violations and Lapses
- Investment Fraud
- Concentration - Lack of Diversification
- Order Failure
- Unauthorized Discretionary Trading
- FINRA Arbitrations
- Securities Arbitrations
- Stockbroker Standard of Care
- Stockbroker/Brokerage Firm Malpractice or Malfeasance
- Federal and state securities violations
- Stockbroker Violations
- Damages & Punitive Damage Analysis
- Improper Sales of Limited Partnerships and Private Placements
- Breach of Fiduciary DutyCompliance Obligations for RIAs, 1egistered Investment Advisors
- Breach of Securities Regulations &Industry Norms & Standards
Ms. Stoneman, was interviewed for a video presentation entitled, "Navigating the Fog of Investing." A presentation of McGriff Productions.
“the crime of the twenty-first century”
financial scams targeting seniors!
Ms. Stoneman Offers This Advice For "Seniors" -
"keep your guard up and maintain a healthy dose of skepticism!"
Why are seniors being targeted?
1. Seniors are most likely to have a “nest egg,” which makes them attractive to unscrupulous brokers or financial advisors.
2. Seniors are less likely to report a fraud because they don’t know who to report it to, or fear relatives will feel they are incapable of self-determination.
3. Older people tend to be more trusting than younger adults and thus, statistics show, vulnerable to fraud.
If you feel that you have an unscrupulous broker who is targeting you or other senior investors, contact Ms. Stoneman. She is knowledgeable of potentially abusive practices toward senior investors and is dedicated to their protection.
Ms. Stoneman provides older investors non-judgemental support. Through her knowledge of the securities industry and her nationwide reputation of high-dollar restitution and arbitration awards, Ms. Stoneman will restore confidence and financial stability to the senior investor.
For more information go to: For Seniors
RAYMOND JAMES CRIES UNCLE!!
Tracy represented an 86-year old Tyler, Texas man whose stockbroker at Raymond James moved him out of a fixed income portfolio into complex variable annuities which benefited the broker with hefty commissions but saddled Tracy’s client with illiquid equity risk. The broker also bought and sold annuities causing Tracy’s client to suffer huge surrender charges. Tracy won the arbitration, recovering over $1 million for her client, as well as pre-judgment interest, costs and $250,000 in attorneys’ fees. Raymond James unsuccessfully appealed the award and it stands today as one of the largest arbitration awards against the firm.
“The broker moved the Tylers' investment portfolio of $3.8 million from municipal bond investments into annuities, said Tracy Stoneman, a Westcliffe, Colorado and Dallas-based securities attorney who represents investors.”
a finra arbitration panel filing
“The panel also found that Raymond James failed to provide adequate supervision to its broker, a branch manager in its Amarillo office.”
"FINRA Arbitration Panel Hits Raymond James with $1.7 Million Penalty”
“Raymond James did nothing to inject themselves into whether what was going on was suitable, despite numerous red flags," Stoneman said. Stoneman Law offices in Westcliffe, Colorado, Dallas, Texas with nationwide representation ability.
Testimonials and Comments About The Tyler Case
"I think that you did a great job for the Tylers, and I believe you are one of the most organized and effective attorneys I have worked with."
"Thank you for all the work. I know this will be another star in your crown."
"As I mentioned this morning, regardless of the outcome, I thoroughly enjoyed working with you on this case. You are the consummate advocate and represented the Tyler's masterfully!
" Heard you did a FANTASTIC job at the hearing!"
"Undoubtedly the finest arbitration attorney I've met to date!"
With more than 25 years specializing in securities law, Ms. Stoneman knows what it takes to effectively and efficiently handle a securities case, when to settle, and when to take the case to a FINRA Arbitration Panel. Ms. Stoneman has recovered investment losses from almost every major wall street firm in the country and successfully recovered claims in the millions of dollars for her clients. Though Ms. Stoneman represents clients nationwide, she has offices in Colorado and Dallas Texas where some of her largest client-awarded cases have originated.
Read Ms. Stoneman’s latest article published in the Fall 2016 issue of the PIABA Bar Journal and on Westlaw: Supervision of Third Party/Power of Attorney
DID YOU KNOW AND SECURITIES IN THE NEWS!
I have lived in and been licensed to practice law in Colorado since 1996. I am very familiar with Colorado courts, Colorado securities laws and Colorado arbitrators. Because arbitrators are from the state or region where the investor resides, my familiarity with the arbitrator roster and individual arbitrators in Colorado and surrounding states is a significant benefit.
Because the securities industry is the most highly regulated industry in the United States, when a stockbroker commits wrongdoing, it usually violates not one, but a host of rules and regulations. This makes for a stronger case for the investor.
In the State of Colorado, investors are protected not only by legislative laws and statutes, but also by industry rules that prohibit brokers from engaging in fraud, unsuitable sales, churning, breach of fiduciary duty, failure to supervise, unauthorized trading, or negligence. Below are useful links and resources covering some of the investor protections available in the State of Colorado:
- The Colorado Division of Securities (link is https://www.colorado.gov/dora/division-securities) enforces Colorado securities law through audits, investigations and enforcement actions. Enforcement actions carried out by state securities regulators play an instrumental role in protecting investors.
- Colorado Securities Act (link is http://www.lexisnexis.com/topics/colorado/?source=COLO;CODE&tocpath=1W8C5QMOYRS2QC54L,2JPWO8NBS4VE7PMOQ,3WTTS0C5KCT4B3DUS&shortheader=no) sections 11-51-101 through 908 provide investors protection for the offer, sale and purchase of securities within the financial market.
- FINRA (link is http://www.finra.org/) is an independent regulatory agency that regulates all broker-dealers in the United States.
- Securities and Exchange Commission (SEC)(link is https://www.sec.gov/) also creates and enforces the securities laws.
Stoneman Law represents investors in all major Colorado cities including Denver, Colorado Springs, Aurora, Fort Collins, Lakewood, Thornton, Arvada, Westminster, Pueblo and Boulder. Our consultations are free of charge and the firm is only compensated if you recover.
Where Do FINRA Arbitrations Take Place in Colorado?
All arbitrations for Colorado residents take place in Denver, Colorado, the mile-high city.
And remember that arbitrations take place in the state where the investor resides, NOT where the brokerage firm or stockbroker office!
Colorado Securities News
September 28, 2017. Former LPL financial advisor Sonya Camarco is was indicted on six counts of securities fraud and seven counts of theft. Ms. Camarco resided in and worked out of LPL Financial’s offices in Colorado Springs, Colorado. Beginning in 2004 and continuing through at least August 2017, Ms. Camarco used investor accounts to siphon roughly $2.8 million out to use for her own personal uses, like to pay her credit card bills and her mortgage. LPL terminated her and FINRA barred her form the industry. But there are an awful lot of investors out there who may have a remedy against LPL for failing to supervise Camarco. The forging of client signatures on checks made out to a company that Camarco created should have been red flags for LPL to have discovered earlier. Turns out that the only reason LPL discovered the criminal acts is because a client of Camarco’s questioned a check out of her account to “C Investments”.
I have represented a number of clients whose account signatures were forged and where the stockbrokers essentially stole money out of client accounts.
These materials have been prepared by Stoneman Law for informational purposes only and are not legal advice. This information is not intended to create and receipt or review of it does not constitute an attorney-client relationship. Note: Colorado does not certify attorneys as specialists in any field and Texas has no certification for Securities. In accordance with Rule 7.04(b) of the Texas Disciplinary Rules of Professional Conduct and Rule 7.2(e) of the Colorado Rules of Professional Conduct, Tracy Stoneman is the attorney responsible for the content of this web site.