Written by admin• May 1, 2011• 10:20 pm• Publications

Lawyers and Settlements: Securities Suits Still Going Strong

Two years on and a bit more, attorneys like Daxton White are still filing suit or doing FINRA (Financial Industry Regulatory Authority) mediation and arbitration hearings for clients who were bilked, defrauded, led down the garden path and otherwise separated from their money by unscrupulous and indeed sometimes criminal brokers and investment companies…

Many of the White Law Group’s clients are elderly Americans, looking to retirement. Unfortunately, some of the reommendations from their broker or finanical advisors had far too much risk attached for unsophisticated, older investors with limited timelines.

“Many of our clients ask ‘how am I going to do?'” says White. “I always say, ‘I don’t know.’ I tell them at FINRA hearings, 50 percent win and 50 percent lose approximately. And of those who win, they usually get 50 percent of what they ask for.”

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Last modified: December 5, 2022