Tracy Stoneman - Stoneman Law
Has Been Quoted In:

Idaho

Because Idaho is close to Colorado, where I live, I am more familiar with its securities laws and regulations and Idaho arbitrators. Because arbitrators are from the state or region where the investor resides, my familiarity with the arbitrator roster and individual arbitrators in Idaho and surrounding states is a significant benefit. And remember that I do not need to be licensed in the state of Idaho in order to represent Idaho investors in securities arbitrations. I don’t even need to affiliate with local counsel. I also have the benefit of the knowledge of my husband Douglas Schulz ( www.securitiesexpert.com), who has been hired in over 1,140 securities related matters and testified in over 637 FINRA arbitrations and civil cases regarding investment and brokerage disputes. Because the majority of his expert work is also in Colorado and surrounding states, he too is very familiar with Idaho securities arbitrators and arbitrations.

Clients often wonder how long they have to bring a claim, but the answer is not a black and white one. Investors should let a qualified lawyer evaluate the case. The good news is that there are many different remedies for the same violation, and they each have different statutes of limitations. In addition, many causes of action have what is called a “discovery rule”, allowing investors to bring very old claims because they didn’t discover the violation until more recently or because the stockbroker concealed the wrongdoing.

Investors in Idaho are protected by legislative laws and statutes together with industry rules that prohibit brokers from engaging in fraud, unsuitable sales, churning, unauthorized trading, failure to supervise, breach of fiduciary duty, or negligence. Below are useful links and resources covering some of the investor protections available in the Idaho:

  • The Idaho Securities Bureau which is in the Department of Finance regulates the sale of investment securities (e.g., stocks and bonds) and those individuals and entities that offer investment opportunities to the public.
  • The Idaho Securities Act is a state law regulating the securities industry. The Act contains provisions for the registration of securities, exemptions and sanctions for violations.
  • FINRA is an independent regulatory agency that regulates all broker-dealers in the United States.
  • Securities and Exchange Commission (SEC) also creates and enforces the securities laws.

Stoneman Law represents investors in all major Idaho cities including Boise, Nampa, Meridian, Idaho Falls, Pocatello, Caldwell, Coeur d’Alene, Twin Falls, Lewiston, and Post Falls. Consultations are free of charge and the firm is only compensated if you recover.

Where Do FINRA Arbitrations Take Place in Idaho?

All arbitrations for Idaho residents take place in Bismarck.

And remember that arbitrations take place in the state where the investor resides, NOT where the brokerage firm or stockbroker office is located!!

Idaho Securities News:

November 30, 2017. The Ada County District Court has awarded a $152,676 judgment against Jeffrey “Jeff” Grant Jerome of Boise for alleged violations of the Idaho Uniform Securities Act involving the Powerhouse event center in Boise.

According to the original complaint, Jerome allegedly obtained approximately $238,500 from 17 Idaho investors and falsely led many investors to believe that they would have an ownership interest in the Powerhouse building. Jerome also was alleged to have defrauded investors by making various misrepresentations about the investment while omitting such important disclosures as: misrepresenting to some investors that their funds would be used to purchase the Powerhouse building; failing to inform investors that some of the funds raised would be used to pay Jerome’s personal expenses, pay back loans to himself and others and pay back rent on the Powerhouse building; and failing to disclose to investors that he was renting, not purchasing, the Powerhouse building.

Client Reviews
★★★★★
If you suspect securities or brokerage fraud against your hard-earned investments and need an advocate, call Tracy Pride Stoneman - NOW! I was a victim of churning, improper sale of unsuitable private placements, compliance violations, and more. I blamed myself at first and didn't think I had a case, but I was referred to Tracy after another lawyer balked, thinking all was lost. She took the emotion out of it, got down to the facts, made the case, and in hands-on fashion worked hard for the best result possible. She's an excellent communicator and the kind of experienced securities arbitration lawyer you need in your corner. Ms. Stoneman achieved a settlement for me that far exceeded expectations. She has my highest recommendation. Jeffrey B.
★★★★★
Tracy was a wonderful lawyer in my and my husband's huge case against Prudential Securities. She was relentless in going after the stockbroker and firm, determined to obtain all of the documents that helped our case and hurt theirs (that's why the firm didn't want to produce them!). No matter what curve ball the brokerage firm threw, Tracy came up with an angle to overcome it. My husband always commented how smart Tracy was in handling our case. Throughout it all, Tracy was extremely cheerful and easy to work with - unlike most lawyers I know! Carolyn W.
★★★★★
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. John B.