{"id":430,"date":"2025-07-17T17:07:25","date_gmt":"2025-07-17T17:07:25","guid":{"rendered":"https:\/\/altamarinoprod.wpenginepowered.com\/?post_type=practice-area&#038;p=430"},"modified":"2025-12-04T14:41:05","modified_gmt":"2025-12-04T14:41:05","slug":"securities-violations","status":"publish","type":"practice-area","link":"https:\/\/www.altlawfirm.com\/es\/legal-services\/securities-violations\/","title":{"rendered":"Securities Violations"},"content":{"rendered":"  <section class=\"alt-block alt-block-post-top-question mb-10 lg:mb-14\">\n    <div class=\"bg-red-300 relative lg:pr-10 xl:pr-12 pt-10 pb-6 lg:py-12 rounded-tr-2xl rounded-br-2xl z-10\">\n      <span class=\"absolute -left-4 md:-left-10 lg:left-0.5 max-md:-right-4 max-lg:-right-10 top-0 lg:w-full h-full lg:-translate-x-full bg-red-300 -z-10\"><\/span>\n      <img decoding=\"async\" src=\"https:\/\/www.altlawfirm.com\/wp-content\/themes\/altamirano-theme\/assets\/images\/logos\/logo-alt-white-letters.svg\" alt=\"Altamirano Logo\" class=\"w-14 mb-9 max-lg:mx-auto\" data-inviewport=\"fadein-slideup--no-delay\">\n              <div class=\"text-xl md:text-2xl leading-none uppercase font-semibold alt-header--beige max-lg:text-center\" data-inviewport=\"fadein-slideup--no-delay\">\n          <p>Top Question asked<\/p>\n        <\/div>\n            <span class=\"w-0 h-px bg-beige block my-9 [&#038;.is-inviewport]:w-full duration-500 delay-300\" data-inviewport><\/span>\n              <div class=\"text-xl md:text-2xl leading-none capitalize font-semibold alt-header--beige mb-6\" data-inviewport=\"fadein-slideup--no-delay\">\n          <p>Can Investors File Securities Violation Claims in FINRA Arbitration?<\/p>\n<p>&nbsp;<\/p>\n        <\/div>\n            <div class=\"alt-typo alt-typo--primary alt-typo--primary--text-lg--mobile text-beige\" data-inviewport=\"fadein-slideup--no-delay\">\n                  <p>Yes. Investors can file and pursue securities violation claims in FINRA arbitration to recover their losses. State securities law violations can also be asserted in arbitration, giving investors access to statutory remedies and the potential recovery of attorney\u2019s fees.<\/p>\n              <\/div>\n    <\/div>\n  <\/section>\n\n\n  <section class=\"alt-block alt-block-raw-content\">\n          <div class=\"alt-typo alt-typo--primary alt-typo--raw-content mb-4 lg:mb-10\" data-inviewport=\"fadein-slideup--no-delay\">\n        <p><strong>At Altamirano PLLC, we represent investors nationwide who have suffered losses due to securities law violations. When brokers sell unregistered products, omit material facts, or misrepresent risks, they violate federal and state securities laws. Investors have clear rights under these laws to recover their losses, and we pursue those claims aggressively in FINRA arbitration.<\/strong><\/p>\n      <\/div>\n      <\/section>\n\n\n  <section class=\"alt-block alt-block-blockquote mb-10 lg:mb-14\">\n    <div class=\"bg-red relative lg:pr-10 xl:pr-20 pt-10 pb-6 lg:py-16 rounded-tr-2xl rounded-br-2xl z-10\" data-inviewport=\"fadein-slideup--no-delay\">\n      <span class=\"absolute -left-4 md:-left-10 lg:left-0.5 max-md:-right-4 max-lg:-right-10 top-0 lg:w-full h-full lg:-translate-x-full bg-red -z-10\"><\/span>\n      <div class=\"flex items-end justify-between mb-8 lg:mb-12\">\n        <img decoding=\"async\" src=\"https:\/\/www.altlawfirm.com\/wp-content\/themes\/altamirano-theme\/assets\/images\/icons\/ic-quote.svg\" alt=\"Quote Icon\" class=\"w-16 md:w-20 lg:w-32\">\n                  <div class=\"text-white font-bold lg:text-base uppercase leading-5 text-right ml-10\">Tom Schuler<\/div>\n              <\/div>\n              <div class=\"alt-typo alt-typo--primary alt-typo--primary--text-2xl--mobile text-beige\">\n          <p>\u00abJorge secured a result in our case that felt like a true victory. That, of course, is vitally important. But what is equally noteworthy is how Jorge confidently led us through the process. No question to Jorge was too trivial. From the beginning he explained the process, the challenges, and the risks. I was never under-informed.\u00bb<\/p>\n        <\/div>\n          <\/div>\n  <\/section>\n\n\n  <section class=\"alt-block alt-block-raw-content\">\n          <div class=\"alt-typo alt-typo--primary alt-typo--raw-content mb-4 lg:mb-10\" data-inviewport=\"fadein-slideup--no-delay\">\n        <h2><span class=\"ez-toc-section\" id=\"What_Are_Securities_Violations\"><\/span>What Are Securities Violations?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Securities violations occur when financial advisors, brokers, or brokerage firms breach securities laws, FINRA rules, or SEC regulations. Common violations include: <\/span><\/p>\n<ul>\n<li><a href=\"https:\/\/www.altlawfirm.com\/es\/legal-services\/fraud-or-misrepresentation\/\"><span style=\"font-weight: 400;\">Misrepresentations<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><\/li>\n<li><span style=\"font-weight: 400;\">Omissions, <\/span><\/li>\n<li><a href=\"https:\/\/www.altlawfirm.com\/es\/legal-services\/broker-negligence\/\"><span style=\"font-weight: 400;\">Negligence<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><\/li>\n<li><a href=\"https:\/\/www.altlawfirm.com\/es\/legal-services\/unsuitable-investments\/\"><span style=\"font-weight: 400;\">Unsuitable recommendations<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><\/li>\n<li><span style=\"font-weight: 400;\">Unauthorized trading, <\/span><\/li>\n<li><span style=\"font-weight: 400;\">Churning, <\/span><\/li>\n<li><a href=\"https:\/\/www.altlawfirm.com\/es\/legal-services\/selling-away\/\"><span style=\"font-weight: 400;\">Selling away<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><\/li>\n<li><a href=\"https:\/\/www.altlawfirm.com\/es\/legal-services\/failure-to-supervise\/\"><span style=\"font-weight: 400;\">Supervisory failures<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Violations may also involve sales of <\/span><a href=\"https:\/\/www.altlawfirm.com\/legal-services\/gwg-l-bonds-claims\/\"><span style=\"font-weight: 400;\">complex and illiquid products<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These actions violate FINRA\u2019s rules of commercial honor (Rule 2010), suitability (Rule 2111), and supervision (Rule 3110). They also trigger significant remedies under state securities laws designed to protect retail investors.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Florida_Securities_and_Investor_Protection_Act\"><\/span>Florida Securities and Investor Protection Act<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Florida Securities and Investor Protection Act, Section 517.011 et seq., prohibits both registration violations and antifraud violations. Registration violations occur when brokers sell unregistered securities or when unregistered firms operate in the state. Liability is automatic in those cases.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Section 517.301 makes it unlawful to obtain money by an untrue statement of material fact, to omit material facts that make other statements misleading, or to engage in practices that operate as a fraud or deceit. Claimants who are damaged are entitled to relief under the statute. A finding of a violation entitles Claimants to seek an award of costs and attorney\u2019s fees.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Florida\u2019s remedy is statutory rescission. If an investor still owns the security, he or she can tender it and recover the purchase price plus statutory interest. If it has been sold, damages equal the purchase price plus interest minus the value received at sale, less any income collected. This statutory formula is a powerful tool for harmed investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rescission damages under Chapter 517 are mandatory. Once a court or arbitration panel finds a violation, rescission damages must be awarded. Decisionmakers cannot substitute out-of-pocket damages or other alternative measures. Because the statute is designed to deter misconduct, defendants are not allowed to \u201cnet\u201d damages. If a brokerage firm made multiple unlawful sales, some profitable and some not, the law does not permit the firm to offset gains against losses. Each unlawful sale stands on its own.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In egregious cases, Florida law also allows for punitive damages. Under Florida Statutes \u00a7\u00a7 768.72, 768.73, and Chapter 517, an arbitration panel can award punitive damages when a Respondent acts with actual knowledge of the wrongfulness of its conduct and the high probability that injury would result. This added remedy underscores Florida\u2019s commitment to deterrence.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Florida_Arbitration_Awards\"><\/span>Florida Arbitration Awards<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Arbitration awards show how Florida\u2019s securities laws protect investors in practice and can be asserted in FINRA arbitration.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Structured Notes<\/b><span style=\"font-weight: 400;\">: In one case, investors alleged breach of fiduciary duty, negligence, fraud, and violations of Chapter 517. The panel awarded more than $26 million in compensatory damages and over $78 million in punitive damages. The award also included statutory interest and attorneys\u2019 fees equal to 25% of the damages, as permitted under Chapter 517 and Florida\u2019s punitive damages statutes.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Unauthorized Trading<\/b><span style=\"font-weight: 400;\">: A retired couple was convinced to liquidate a blue-chip portfolio worth $600,900. The funds were used for unauthorized trades in a thinly traded OTC stock designed to defraud investors. In a stipulated award, the firm admitted violating Sections 517.07 and 517.301. Investors recovered more than $740,000 in damages, interest, and attorneys\u2019 fees.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Negligent Omissions<\/b><span>: A broker failed to conduct due diligence and negligently omitted to disclose material facts about investments. In a stipulated award, the arbitrator found a violation of Chapter 517 and awarded over $107,000. The Claimants were also entitled to seek costs and attorneys\u2019 fees.<\/span><\/li>\n<\/ul>\n      <\/div>\n      <\/section>\n\n\n  <section class=\"alt-block alt-block-highlighted-text mb-10 lg:mb-14\">\n    <div class=\"bg-red relative lg:pr-10 xl:pr-20 pt-10 pb-6 lg:py-16 rounded-tr-2xl rounded-br-2xl z-10\">\n      <span class=\"absolute -left-4 md:-left-10 lg:left-0.5 max-md:-right-4 max-lg:-right-10 top-0 lg:w-full h-full lg:-translate-x-full bg-red -z-10\"><\/span>\n              <div class=\"alt-typo [&#038;_a:hover]:!text-beige-300 alt-typo--primary alt-typo--primary--text-2xl--mobile text-white-100 font-bold max-lg:font-semibold\">\n          <p>Rescission damages under Chapter 517 are mandatory. Once a court or arbitration panel finds a violation, rescission damages must be awarded.<\/p>\n        <\/div>\n          <\/div>\n  <\/section>\n\n\n  <section class=\"alt-block alt-block-raw-content\">\n          <div class=\"alt-typo alt-typo--primary alt-typo--raw-content mb-4 lg:mb-10\" data-inviewport=\"fadein-slideup--no-delay\">\n        <h2><span class=\"ez-toc-section\" id=\"California_Corporations_Code\"><\/span>California Corporations Code<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>California Corporations Code section 25401 makes it unlawful to offer or sell a security by means of a written or oral communication that includes an untrue statement of a material fact or omits a material fact necessary to make the statement not misleading.<\/p>\n<p>Civil liability is provided under sections 25501 and 25503. Investors may obtain rescission if the securities are still owned, or damages if they have been sold. The measure is the purchase price plus interest, less any value received or income collected.<\/p>\n<p>Unlike federal securities fraud claims, California law does not require proof of reliance or intent to defraud. Investors only need to show they were not given material facts, or were given facts that were not true. The broker\u2019s state of mind is irrelevant.<\/p>\n<p>Section 25503 also creates liability for the sale of unregistered securities, and the burden rests on the seller to prove a valid exemption. If the seller cannot, the investor is entitled to rescission or damages, plus interest.<\/p>\n<p>Following amendments to sections 25501 and 25503, courts and arbitration panels must award reasonable attorney\u2019s fees and costs to a prevailing investor. The fee-shifting provisions are for investors only, which underscores California\u2019s strong commitment to protecting retail investors. Respondents cannot recover their fees if they prevail.<\/p>\n<p>California law also defines a sale \u201cin this state\u201d broadly. A transaction may be considered a California sale if the offer is made in California or the acceptance is communicated from California, even if the investor resides elsewhere. This expansive reach, combined with rescissionary remedies and mandatory attorney\u2019s fees, makes California law an essential remedy for harmed investors.<\/p>\n      <\/div>\n      <\/section>\n\n\n  <section class=\"alt-block alt-block-highlighted-text mb-10 lg:mb-14\">\n    <div class=\"bg-red relative lg:pr-10 xl:pr-20 pt-10 pb-6 lg:py-16 rounded-tr-2xl rounded-br-2xl z-10\">\n      <span class=\"absolute -left-4 md:-left-10 lg:left-0.5 max-md:-right-4 max-lg:-right-10 top-0 lg:w-full h-full lg:-translate-x-full bg-red -z-10\"><\/span>\n              <div class=\"alt-typo [&#038;_a:hover]:!text-beige-300 alt-typo--primary alt-typo--primary--text-2xl--mobile text-white-100 font-bold max-lg:font-semibold\">\n          <p>Unlike federal securities fraud claims, California law does not require proof of reliance or intent to defraud. Investors only need to show they were not given material facts, or were given facts that were not true.<\/p>\n        <\/div>\n          <\/div>\n  <\/section>\n\n\n  <section class=\"alt-block alt-block-raw-content\">\n          <div class=\"alt-typo alt-typo--primary alt-typo--raw-content mb-4 lg:mb-10\" data-inviewport=\"fadein-slideup--no-delay\">\n        <h2><span class=\"ez-toc-section\" id=\"Oregon_Securities_Law\"><\/span>Oregon Securities Law<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Oregon\u2019s securities laws, including ORS 59.135 and ORS 59.137, provide some of the strongest protections for investors. ORS 59.135 makes it unlawful to defraud, to make untrue statements of material fact, to omit material facts that make other statements misleading, or to engage in fraudulent practices in connection with securities sales.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ORS 59.137 imposes liability on violators and those who materially aid them. Investors may recover actual damages, commissions, fees, and interest. Control persons, officers, directors, and managers can be held jointly and severally liable unless they prove they could not reasonably have known of the misconduct. Courts and arbitration panels may also award attorney\u2019s fees to prevailing investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2023, Oregon expanded investor protections with House Bill 2274. The law authorizes the Division of Financial Regulation to order restitution directly to investors and impose civil penalties of up to $60,000 per violation, with higher penalties when elderly or vulnerable investors are harmed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Oregon also requires registration of securities, licensing of brokers and advisors, and full disclosure of material facts before securities are sold. These provisions are interpreted broadly in favor of investors, giving harmed clients meaningful remedies when brokers mislead them or push unregistered products.<\/span><\/p>\n      <\/div>\n      <\/section>\n\n\n  <section class=\"alt-block alt-block-highlighted-text mb-10 lg:mb-14\">\n    <div class=\"bg-red relative lg:pr-10 xl:pr-20 pt-10 pb-6 lg:py-16 rounded-tr-2xl rounded-br-2xl z-10\">\n      <span class=\"absolute -left-4 md:-left-10 lg:left-0.5 max-md:-right-4 max-lg:-right-10 top-0 lg:w-full h-full lg:-translate-x-full bg-red -z-10\"><\/span>\n              <div class=\"alt-typo [&#038;_a:hover]:!text-beige-300 alt-typo--primary alt-typo--primary--text-2xl--mobile text-white-100 font-bold max-lg:font-semibold\">\n          <p>Oregon\u2019s securities laws provide some of the strongest protections for investors. ORS 59.135 makes it unlawful to defraud, to make untrue statements of material fact, to omit material facts that make other statements misleading, or to engage in fraudulent practices in connection with securities sales.<\/p>\n        <\/div>\n          <\/div>\n  <\/section>\n\n\n  <section class=\"alt-block alt-block-raw-content\">\n          <div class=\"alt-typo alt-typo--primary alt-typo--raw-content mb-4 lg:mb-10\" data-inviewport=\"fadein-slideup--no-delay\">\n        <h2><span class=\"ez-toc-section\" id=\"Contact_Us_Today_If_You_Suffered_Investment_Losses_From_Securities_Fraud\"><\/span>Contact Us Today If You Suffered Investment Losses From Securities Fraud<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you suffered losses due to broker misconduct or securities law violations, Altamirano PLLC can help. We represent investors nationwide in FINRA arbitration and use state and federal securities laws to maximize recovery.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Call (212) 220-6556 or email <\/span><a href=\"mailto:jorge@altlawfirm.com\"><span style=\"font-weight: 400;\">jorge@altlawfirm.com<\/span><\/a><span style=\"font-weight: 400;\"> to discuss your options. We handle these cases on a contingency fee basis. You do not owe a legal fee unless we recover for you.<\/span><\/p>\n<p><b>Contact Jorge Altamirano, Principal of Altamirano PLLC<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">One World Trade Center, 85th Floor<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">New York, NY 10007<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">(212) 220-6556<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"mailto:jorge@altlawfirm.com\"><span style=\"font-weight: 400;\">jorge@altlawfirm.com<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Securities claims are time-sensitive. Contact Altamirano PLLC today to speak with an experienced securities arbitration lawyer.<\/span><\/p>\n      <\/div>\n      <\/section>\n\n\n  <section class=\"alt-block alt-block-post-faq mb-10 lg:mb-14\">\n    <div class=\"bg-red relative lg:pr-10 xl:pr-20 py-10 lg:py-16 lg:rounded-tr-2xl lg:rounded-br-2xl z-10\" data-inviewport=\"fadein-slideup--no-delay\">\n      <span class=\"absolute -left-4 md:-left-10 lg:left-0.5 max-md:-right-4 max-lg:-right-10 top-0 -z-10 lg:w-full h-full lg:-translate-x-full bg-red\"><\/span>\n              <div class=\"text-beige text-2xl leading-none font-bold pb-9 border-b border-beige mb-9\"><p>Securities Violations: Frequently Asked Questions<\/p>\n<\/div>\n                    <div class=\"block\">\n          \n            <div class=\"alt-accordion group py-6 md:py-8 lg:py-9 first:pt-0 last:pb-0 border-b border-beige last:border-b-0\" data-inviewport=\"fadein-slideup--no-delay\">\n              <div class=\"flex items-start justify-between alt-accordion__trigger\">\n                <p class=\"w-full text-xl md:text-2xl xl:text-3xl leading-7 md:leading-10 xl:leading-none text-beige\">What makes the Florida Securities and Investor Protection Act unique?<\/p>\n                <img decoding=\"async\" src=\"https:\/\/www.altlawfirm.com\/wp-content\/themes\/altamirano-theme\/assets\/images\/icons\/ic-plus-beige.svg\" alt=\"Icon Plus Beige\" class=\"alt-accordion__icon ml-5 max-md:w-8 max-md:-mt-1\">\n              <\/div>\n\n              <div class=\"alt-accordion__body\">\n                <div class=\"alt-typo alt-typo--primary alt-typo--primary--text-lg--mobile max-md:leading-6 text-beige pt-5 lg:pt-6 pr-16 lg:pr-32\">\n                  Florida law covers both registration and antifraud violations. Brokers who sell unregistered securities face automatic liability. Investors can recover rescission or damages using a statutory formula, and courts and arbitration panels may also award attorney\u2019s fees and costs to prevailing investors. Florida law also permits punitive damages in egregious cases.                <\/div>\n              <\/div>\n            <\/div>\n\n          \n            <div class=\"alt-accordion group py-6 md:py-8 lg:py-9 first:pt-0 last:pb-0 border-b border-beige last:border-b-0\" data-inviewport=\"fadein-slideup--no-delay\">\n              <div class=\"flex items-start justify-between alt-accordion__trigger\">\n                <p class=\"w-full text-xl md:text-2xl xl:text-3xl leading-7 md:leading-10 xl:leading-none text-beige\">What makes the California Corporations Code sections 25401, 25501, and 25503 unique?<\/p>\n                <img decoding=\"async\" src=\"https:\/\/www.altlawfirm.com\/wp-content\/themes\/altamirano-theme\/assets\/images\/icons\/ic-plus-beige.svg\" alt=\"Icon Plus Beige\" class=\"alt-accordion__icon ml-5 max-md:w-8 max-md:-mt-1\">\n              <\/div>\n\n              <div class=\"alt-accordion__body\">\n                <div class=\"alt-typo alt-typo--primary alt-typo--primary--text-lg--mobile max-md:leading-6 text-beige pt-5 lg:pt-6 pr-16 lg:pr-32\">\n                  California law prohibits misrepresentations and the sale of unregistered securities. Investors do not need to prove reliance or intent to defraud. Courts and arbitration panels must award attorney\u2019s fees and costs to prevailing investors, and Respondents cannot recover their fees if they prevail.                <\/div>\n              <\/div>\n            <\/div>\n\n          \n            <div class=\"alt-accordion group py-6 md:py-8 lg:py-9 first:pt-0 last:pb-0 border-b border-beige last:border-b-0\" data-inviewport=\"fadein-slideup--no-delay\">\n              <div class=\"flex items-start justify-between alt-accordion__trigger\">\n                <p class=\"w-full text-xl md:text-2xl xl:text-3xl leading-7 md:leading-10 xl:leading-none text-beige\">What makes Oregon\u2019s securities laws, including ORS 59.135 and ORS 59.137, unique?<\/p>\n                <img decoding=\"async\" src=\"https:\/\/www.altlawfirm.com\/wp-content\/themes\/altamirano-theme\/assets\/images\/icons\/ic-plus-beige.svg\" alt=\"Icon Plus Beige\" class=\"alt-accordion__icon ml-5 max-md:w-8 max-md:-mt-1\">\n              <\/div>\n\n              <div class=\"alt-accordion__body\">\n                <div class=\"alt-typo alt-typo--primary alt-typo--primary--text-lg--mobile max-md:leading-6 text-beige pt-5 lg:pt-6 pr-16 lg:pr-32\">\n                  Oregon law makes brokers and those who aid them \u2014 such as control persons and officers \u2014 liable for securities fraud. Investors may recover damages, commissions, and interest, and courts and arbitration panels may award attorney\u2019s fees. Recent amendments also added restitution and higher penalties when elderly or vulnerable investors are harmed.                <\/div>\n              <\/div>\n            <\/div>\n\n          \n            <div class=\"alt-accordion group py-6 md:py-8 lg:py-9 first:pt-0 last:pb-0 border-b border-beige last:border-b-0\" data-inviewport=\"fadein-slideup--no-delay\">\n              <div class=\"flex items-start justify-between alt-accordion__trigger\">\n                <p class=\"w-full text-xl md:text-2xl xl:text-3xl leading-7 md:leading-10 xl:leading-none text-beige\">Do I need to prove intent to defraud?<\/p>\n                <img decoding=\"async\" src=\"https:\/\/www.altlawfirm.com\/wp-content\/themes\/altamirano-theme\/assets\/images\/icons\/ic-plus-beige.svg\" alt=\"Icon Plus Beige\" class=\"alt-accordion__icon ml-5 max-md:w-8 max-md:-mt-1\">\n              <\/div>\n\n              <div class=\"alt-accordion__body\">\n                <div class=\"alt-typo alt-typo--primary alt-typo--primary--text-lg--mobile max-md:leading-6 text-beige pt-5 lg:pt-6 pr-16 lg:pr-32\">\n                  Not always. In Florida, negligent omissions are enough. In California, intent is irrelevant under section 25401. In Oregon, control persons are liable unless they prove they did not and could not reasonably have known of the misconduct.                <\/div>\n              <\/div>\n            <\/div>\n\n          \n            <div class=\"alt-accordion group py-6 md:py-8 lg:py-9 first:pt-0 last:pb-0 border-b border-beige last:border-b-0\" data-inviewport=\"fadein-slideup--no-delay\">\n              <div class=\"flex items-start justify-between alt-accordion__trigger\">\n                <p class=\"w-full text-xl md:text-2xl xl:text-3xl leading-7 md:leading-10 xl:leading-none text-beige\">Can investors file securities violation claims in FINRA arbitration?<\/p>\n                <img decoding=\"async\" src=\"https:\/\/www.altlawfirm.com\/wp-content\/themes\/altamirano-theme\/assets\/images\/icons\/ic-plus-beige.svg\" alt=\"Icon Plus Beige\" class=\"alt-accordion__icon ml-5 max-md:w-8 max-md:-mt-1\">\n              <\/div>\n\n              <div class=\"alt-accordion__body\">\n                <div class=\"alt-typo alt-typo--primary alt-typo--primary--text-lg--mobile max-md:leading-6 text-beige pt-5 lg:pt-6 pr-16 lg:pr-32\">\n                  Yes. Investors can file and pursue securities violation claims in FINRA arbitration to recover their losses. State securities law violations can also be asserted in arbitration, giving investors access to statutory remedies and the potential recovery of attorney\u2019s fees.                <\/div>\n              <\/div>\n            <\/div>\n\n                  <\/div>\n            <div class=\"flex flex-col-reverse lg:flex-row items-center justify-between mt-8 lg:mt-10\">\n        <a href=\"https:\/\/www.altlawfirm.com\/es\/faqs\/\" class=\"alt-button alt-button--primary max-lg:mx-auto\">See More Faqs<\/a>\n        <img decoding=\"async\" src=\"https:\/\/www.altlawfirm.com\/wp-content\/themes\/altamirano-theme\/assets\/images\/logos\/logo-alt-dark-red-letters.svg\" alt=\"Icon Checkmark\" class=\"max-lg:mb-6 w-full max-w-20 lg:max-w-24\">\n      <\/div>\n    <\/div>\n  <\/section>\n","protected":false},"excerpt":{"rendered":"<p>Federal and state laws provide clear protections for harmed investors, prohibiting misrepresentation, deceit, and fraud. Advisors and firms often violate these rules and fail to act in their clients\u2019 best interests. Our team investigates these violations and pursues all available claims under federal, state, SEC, and FINRA rules to recover your investment losses.<\/p>\n","protected":false},"featured_media":992,"parent":0,"menu_order":0,"template":"","class_list":["post-430","practice-area","type-practice-area","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Securities Violations | Altamirano PLLC<\/title>\n<meta name=\"description\" content=\"Learn how securities violations occur and how investors can pursue recovery for losses caused by fraud, misconduct, or regulatory breaches.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.altlawfirm.com\/es\/legal-services\/securities-violations\/\" \/>\n<meta property=\"og:locale\" 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