{"id":427,"date":"2025-07-17T17:07:25","date_gmt":"2025-07-17T17:07:25","guid":{"rendered":"https:\/\/altamarinoprod.wpenginepowered.com\/?post_type=practice-area&p=427"},"modified":"2025-10-22T16:09:51","modified_gmt":"2025-10-22T16:09:51","slug":"fraud-or-misrepresentation","status":"publish","type":"practice-area","link":"https:\/\/www.altlawfirm.com\/es\/legal-services\/fraud-or-misrepresentation\/","title":{"rendered":"Fraud or Misrepresentation"},"content":{"rendered":"
\n
\n <\/span>\n \"Altamirano\n
\n

Top Question asked<\/p>\n <\/div>\n <\/span>\n

\n

Is There a Time Limit to Bring a Fraud or Misrepresentation Claim?<\/p>\n <\/div>\n

\n

Yes. Because eligibility questions can be complex, it is important to act quickly to protect your rights. Call or contact us today to get started.<\/p>\n <\/div>\n <\/div>\n <\/section>\n\n\n

\n
\n

Fraud and misrepresentation occur when a broker or brokerage firm makes false statements, omits material facts, or otherwise misleads an investor in connection with the purchase or sale of securities. Under federal securities laws, including SEC Rule 10b-5 and FINRA rules, brokers are prohibited from engaging in manipulative, deceptive, or fraudulent conduct. Investors rely on brokers to provide accurate, complete, and truthful information; when that trust is broken, the result is often serious financial harm.<\/strong><\/p>\n

Altamirano PLLC represents investors nationwide in FINRA arbitration to recover losses caused by fraudulent conduct, negligent misrepresentations, and material omissions. We hold brokers and brokerage firms accountable when they mislead investors, conceal risks, or distort the true nature of an investment. Speak with an experienced New York investment fraud attorney today to get started.<\/p>\n <\/div>\n <\/section>\n\n\n

\n
\n <\/span>\n
\n \"Quote\n
Lillybeth Feliciano<\/div>\n <\/div>\n
\n

\u201cWorking with attorney Jorge Altamirano made this process smooth, easy and comfortable for me as a client. He was diligent, very professional, respectful and a gentleman. I always felt that I was in very good hands and that Mr. Altamirano spared no effort in defending my interests.\u201d<\/p>\n <\/div>\n <\/div>\n <\/section>\n\n\n

\n
\n

<\/span>What Is Fraud or Misrepresentation in Securities?<\/span><\/h2>\n

Securities fraud involves intentional or reckless conduct designed to mislead an investor. Misrepresentation<\/strong> occurs when a broker provides false information or misrepresents a material fact, while omission<\/strong> involves failing to disclose a fact that a reasonable investor would want to know before making an investment decision. They are among the most common types of broker fraud.<\/p>\n

Under federal securities law, a misrepresentation or omission is material if there is a substantial likelihood that a reasonable investor would consider it important in deciding whether to buy, sell, or hold a security. An omission is material if its disclosure would have significantly altered the total mix of information available.<\/p>\n

Fraud is not limited to outright lies. It can also include false representations in writing or orally, omissions of material facts, or even half-truths, which are statements that are technically accurate but misleading because they leave out critical qualifying information.<\/p>\n

Key elements of fraud under SEC Rule 10b-5 include:<\/p>\n