Client Reviews

"I was very pleased with Mr. Meyer’s handing of my arbitration claim. Throughout the process, I felt that I was treated with respect and I always appreciated the extra effort David Meyer and his staff put forth to recover the money my stockbroker had lost. They did a tremendous job and when it was over, David was able to get back a lot more money for me than I ever expected. I have kept the firm’s number handy and would tell anyone that has been a victim of stockbroker misconduct to contact Meyer Wilson." C.F., Ohio
"Thankfully, we hired the law firm of Meyer Wilson - they skillfully guided us through the NASD (now FINRA) arbitration process and achieved an outstanding recovery for us. We do not know what we would have done without their help..."Mr. and Mrs. R.Springfield, Ohio
"Mr. Meyer and his staff was always professional and responsive to my calls and they really took their time with me to review paperwork and make sure that I remained well informed throughout the process. I feel like Mr. Meyer not only helped me to recover my investment losses, but he also helped me to get justice for my late husband..." J.S., Ohio

Investor News

How David Lerner Associates Allegedly Misled InvestorsPosted on 6/9/2011
Ohio Lawyer Explains FINRA's Complaint against David Lerner AssociatesPosted on 6/9/2011

Your broker has the duty to recommend suitable investments.

There was a reason your broker asked so many questions during your initial meetings. Under the FINRA Rule 2310 (and New York Stock Exchange Rule 405), also known as the "Know Your Customer" rule, your broker was required to collect information that could impact your investment choices. For example, your broker probably had you complete a new account form that asked such details as your goals, income, assets and tolerance to risk. Your broker should have then used this information to make appropriate investment recommendations.

Learning about clients should not be a one-time event for brokers, as they have the duty to continuously revaluate the needs of their investor clients. Situations change and using outdated information as a basis for investment recommendations, could lead to serious problems.

If you have lost money due to unsuitable investments, you could have a broker misconduct claim. An experienced Ohio broker fraud lawyer from the law firm of Meyer Wilson will evaluate your case for free, to determine if you have a claim against your broker.

To contact our law firm, call 614.224.6000 or 866.827.6537. You can also fill out our online form.

Unsuitability Claims

Any investment advice provided by your broker should have been based on what is suitable for your situation, meaning it should have fit within your criteria and helped you meet your financial goals. Suitability also encompasses those investments that match your risk tolerance and overall situation. When a broker suggests unsuitable investments and you lose money, the brokerage firm could be held liable for your financial loss.

Stockbroker misconduct cases, including unsuitability claims, are generally handled in mandatory securities arbitration before the Financial Industry Regulatory Authority (FINRA). This is a very narrow and focused area of law and not every law firm is equipped to handle these types of cases.

The Ohio law firm of Meyer Wilson has spent over a decade representing investors throughout the state, including clients located in Columbus, Cleveland, Cincinnati, Dayton, Akron, Marion, Toledo and Portsmouth. We are a nationally recognized group of lawyers who not only know the law, but also have experience in arbitration, litigation, mediation and class action lawsuits. Many of our clients are referred to us by their family lawyer, business attorney or other trusted advisor, which is why we have become known as the law firm other lawyers call to help them and their clients with broker misconduct cases.

To find out if you have an unsuitability claim, contact us today by calling 614.224.6000 or 866.827.6537 or filling out our online form.

The law firm of Meyer Wilson represents clients throughout Ohio, including the cities of Columbus, Cleveland, Cincinnati, Toledo, Akron, Dayton, Canton, Mansfield, Portsmouth, Findlay, Boardman, Youngstown and Lorain. We also represent clients nationwide in securities arbitration and litigation.

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Quick Facts

Our six lawyer firm is devoted solely to investor claims and class actions.
Every securities arbitration/litigation client that hires our firm is assigned two lawyers to their case.
Our lawyers have over 50 years of collective legal experience.
Mr. Meyer won the largest jury verdict ever in the state of Ohio - $260 million verdict against Prudential Securities.
The firm employs a full time investigator on staff.

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