Financial Services Law

/Financial Services Law
Financial Services Law2018-10-18T18:06:44+00:00

Overview

Jardim, Meisner & Susser, P.C. has extensive experience in many aspects of securities regulation and litigation, from handling informal investigations and enforcement actions by regulators to representing corporate and individual clients in arbitration actions. This department is chaired by Louis D. Tambaro, Esq., who has focused his practice on securities law (litigation and transactional) for the past decade and who is a registered person (Series 7 and 63 licensed) and a business consultant in the broker-dealer industry. The firm is therefore positioned to parlay this unique hands-on experience for the benefit of our industry clients.

Litigation

Our attorneys successfully represent clients ranging from publicly held companies and their officers, directors, and employees to underwriters, broker-dealers, wealth managers, financial planners, portfolio managers, and investment companies.

We are particularly experienced in the representation of registered persons and broker/dealers, and their executives and management, where customers have brought suit in relation to losses in their brokerage accounts. Our practice includes arbitrations before the Financial Industry Regulatory Authority (FINRA), as well as disputes before federal and state court forums. These “sales practice” matters typically involve allegations of unsuitability, churning, unauthorized trading, failure to supervise, fraud, and breach of fiduciary duty.

We also represent clients in numerous employment-related disputes that financial service business entities have with current or former brokers, including claims for:

  • corporate raiding;
  • breach of contractual obligations;
  • breach of post-employment restraints and restrictive covenants; and
  • misappropriation of confidential information and trade secrets.

When registered representatives have complaints or related problematic disclosures on their records, our firm stands ready to advocate for them by way of instituting FINRA expungement actions.

Transactional/Regulatory Advice

Another practice niche is in assisting broker-dealer and financial advisor representative clients in connection with any and all transactional needs that pertain to their business.

For example, our group stands ready to assist financial service clients in transactional matters pertaining to the purchase and sale of businesses, commercial real estate, franchise locations, and financial advisory practices.

With respect to financial services professionals, we regularly counsel clients with respect to business succession, practice group mergers, and the process of transitioning practices from one broker-dealer to another.

We also assist financial advisors in connection with state and federal regulatory inquiries, ranging from requests for additional information regarding prior disclosure items to formal audits.

The firm also stays current with pending and enacted statutes and regulations that may effect our financial service clients. We are able to provide our clients with guidance through the myriad statutory and regulatory obligations that companies and individuals within the financial services industry must follow.