Jacksonville Securities, Investment Fraud Lawyer, FINRA Representation Announced
Aug 3, 2023
Jacksonville residents who believe they have been defrauded by a broker can now find an ally in an acclaimed law firm specializing in FINRA arbitration.
Pompano Beach, United States - August 3, 2023 /PressCable/ —
The Soreide Law Group has announced a new expansion to Northeast Florida, now offering suspected fraud victims legal representation on a contingency basis. In particular, the move is expected to benefit seniors, a demographic group that has shown vulnerability to common fraud tactics, according to statistics.
More information is available at https://www.securitieslawyer.com/
In 2022, the FBI reported that elder fraud increased by 84% between 2021 and 2022, with total losses amounting to $3.1 billion during the period. In an earlier report, the AARP estimated that $120,000 is lost on average per victim of financial abuse.
“While anyone can fall victim to scams perpetuated by stock brokers and financial advisors, seniors are historically the most vulnerable demographic,” a spokesperson from the Soreide Law Group said. “This is why we are embarking on a massive campaign to inform victims about a recourse that might offer them a way to recover their losses.”
The Soreide Law Group specializes in FINRA arbitration, a process that can resolve securities-related disputes without the need to go to court. The Financial Industry Regulatory Authority, or FINRA, is a self-regulating body that oversees brokerage firms and the securities industry as a whole and can also act as arbitrators to resolve disputes between brokers and individual investors.
According to the Soreide Law Group, arbitration offers a number of advantages in contrast to going to trial. “For one, the arbitrators who handle disputes are impartial, holding no vested interest in the outcome of the cases brought to them. Moreover, resolutions are reached more rapidly compared to the court system, and they are binding, meaning that they can be enforced by a court if needed,” the firm’s representative said.
They, however, added that because the panel hears arguments based on various securities acts and FINRA’s own rules, the expertise of an experienced securities lawyer will be indispensable.
The Soreide Law Group’s lead attorney, Lars Soreide, is a former FINRA member, an experience that equipped him with an in-depth understanding of the arbitration process. Owing to his accomplishments in this field of law, Mr. Soreide has been the recipient of multiple “super” lawyer awards and a Preeminent rating from Martindale-Hubbell, among many other distinctions.
Interested parties can learn more by visiting https://www.securitieslawyer.com/
Contact Info:
Name: Lars Soreide
Email: Send Email
Organization: Soreide Law Group
Address: 2401 East Atlantic Boulevard Suite 305, Pompano Beach, Florida 33062, United States
Website: https://www.securitieslawyer.com/
Source: PressCable
Release ID: 89104045
If you encounter any issues, discrepancies, or concerns regarding the content provided in this press release, or if there is a need for a press release takedown, we urge you to notify us without delay at [email protected]. Our expert team will be available to promptly respond within 8 hours – ensuring swift resolution of identified issues or offering guidance on removal procedures. Delivering accurate and reliable information is fundamental to our mission.
More News
Roofing scammers con homeowners out of thousands of pounds
One in 10 scams reported to Citizens Advice relate to fraudsters charging for work not done, or done badly.
Trump faces growing backlash over plans to import diesel from Russia
Both Republican and Democratic lawmakers have criticised the deal, which was announced weeks before the US midterm elections.
Citroen revives the 2CV for an electric age
The French firm is reinventing the classic model as carmakers come under pressure from Chinese rivals.
Ukraine strikes Yandex data centre in third attack on Russian tech giant
It is the third time this week that Ukraine has targeted Russian tech giant Yandex, forcing the company to suspend its operations.
China's tech tourism boom reshapes inbound travel and shopping
China's tech tourism boom reshapes inbound travel and shopping
A Contagious Aversion to Overhead Lights
Plus: How far to go for a colleague, and now your chance to give someone advice.
Three Mark Zuckerbergs, Three Surprisingly Different Men
Jeremy Strong in “The Social Reckoning,” Jesse Eisenberg in “The Social Network” and the real Meta executive are all playing parts. But only one has changed his approach.
San Francisco Is Still Pushing to Turn Offices Into Homes
The city has not completed a single office-to-housing conversion, despite hopes to meet housing demand and inject life into empty downtowns.
CSRC holds expert forum on capital market and financial landscape
The China Securities Regulatory Commission held in-depth exchanges with heads of some listed companies and experts from securities and fund institutions on October 10 in Beijing.
EU faces mounting pressure amid concerns over winter energy supplies
The European Union is heading into winter with gas storage at its lowest seasonal level in more than a decade, while geopolitical tensions and rising energy costs are adding pressure on households and businesses.
EU official: Exchanges with China have reached unprecedented intensity
European Commissioner for Trade and Economic Security Maros Sefcovic said on Friday during a press conference in Beijing that exchanges with Chinese counterparts had reached unprecedented levels of intensity over the past three to four months, stressing that negotiations are key to addressing trade issues. A third regular meeting of the two sides' consultation mechanism will take place in March 2027.
Charities and businesses wrestle with diesel cost
Cancer charity Daft as a Brush and Teesside Minibus Hire say they are struggling with pump prices.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.