Virtually every person who opens an account with a brokerage firm/broker-dealer signs a binding agreement to arbitrate any dispute they have with that investment broker. In the United States, securities-related arbitrations are handled through FINRA, the Financial Industry Regulatory Authority. FINRA arbitration is also the forum for resolving all employment disputes involving broker-dealers.

While there are a variety of circumstances which would make litigation more appropriate for a securities dispute, the arbitration clause will usually be enforced and the parties will need to resolve their disputes through FINRA arbitration.

Knowledgeable Attorney ▪ Experienced FINRA Arbitrator

San Diego FINRA arbitrations attorney Virginia Gaburo represents consumers, investors and brokerage firms throughout Southern California and the United States in FINRA arbitrations. She has also served on the FINRA arbitration panels since 2004. If you would like to learn more about FINRA arbitration or are looking for an experienced attorney to represent you through the process, call our law firm at 858-546-0183 or contact us online.

History of FINRA Arbitrations

The brokerage industry is self-regulated. As long as securities broker-dealers regulate themselves properly, Congress and the SEC stay hands-off. Dispute resolution involving broker-dealers, once handled through the NASD, the New York Stock Exchange, and other arbitration forums, is now handled entirely through FINRA. Thus, FINRA arbitrations are an extremely important part of managing the financial industry and ensuring that all parties are acting appropriately.

FINRA Arbitration Panels

The FINRA arbitrators are third-party neutrals who act in the place of judges. Depending upon the amount of money involved in your broker-dealer dispute, you will be provided with one or three arbitrators. For lower amounts of money, there will only be one arbitrator deciding your case. For greater amounts of money, there will be three arbitrators: two public arbitrators and one arbitrator from the industry. The industry arbitrator usually has been or is currently employed by a broker-dealer or has strong ties to the industry.

How FINRA Arbitration Works

Unlike litigation, FINRA arbitrations are not bound by federal or state rules of evidence and rarely involve depositions. They are generally faster and less expensive than litigation.

In FINRA arbitration proceedings, parties are required to voluntarily exchange discovery information and documents. This greatly facilitates the pre-hearing discovery process.

Investment arbitration is expert-intensive. In most cases, you are not going to win unless you have experts on your side. This can greatly increase the cost of arbitration, but it is a necessary expense. Securities attorney Virginia Gaburo has cultivated an excellent network of experts, including compliance experts, suitability experts, experts on supervision and standards of care, damages experts and tax experts.

Contact Us

To discuss FINRA arbitration with an experienced securities attorney and FINRA arbitrator, please call Ms. Gaburo at 858-546-0183, or, if you prefer, you may fill out our intake formand we will contact you.

Private placement offerings (PPO’s) are used to raise capital for an endless variety of purposes. They are unregistered securities. They can be a risky investment option, and require highly sophisticated and savvy investors. Private placement offerings rely on qualifying for at least one exemption from registration under the securities laws. They are usually not appropriate retirement investments, and are never appropriate for investors with a limited knowledge of the risks involved.

Based in San Diego, Virginia H. Gaburo & Associates represents consumers, investors and brokerage firms throughout Southern California and the United States with investment fraud claims regarding the suitability of the investments, including private placement offerings.

For additional information about our law firm and the benefits of retaining our legal services, please visit our firm overview page.

To discuss your private placement offering concerns with an experienced investment fraud lawyer, please call attorney Virginia H. Gaburo at 858-546-0183.

Understanding PPOs: Protecting Your Money and Your Rights

Almost anything can be the purpose or project of a PPO, from raising capital to start a business, or to buy land, or to finance a lawsuit. It is important to ask the right questions. What happens to my funds? What are the sales commissions? How are returns to be calculated and paid? What happens if the offering is not fully subscribed?

Virginia H. Gaburo has over 20 years of experience in investment law and has lectured extensively on securities and investment law matters. She is also a member of the FINRA (formerly NASD) panel of arbitrators. Private placement offering cases we have handled include cases involving:

  • Tenants In Common (TIC) investments
  • Land development projects
  • Hedge fund investments
  • Business investment opportunities

Protection Against Investment Fraud

We represent victims of investment fraud and misrepresentation. Those losing their investment in a PPO may be required to sue to recover. Whether your case involves a breach of fiduciary duty or questionable retirement fund investments, we provide knowledgeable representation to protect your rights and seek damages.

To schedule a confidential consultation to discuss how we can help you with a private placement offerings matter, please call attorney Gaburo at 858-546-0183, or, if you prefer, you may fill out our intake form and we will contact you.

Just because an investor loses money doesn’t mean someone is at fault. There is risk attached to any investment. In general, the greater the potential return, the greater the risk to the investor.

Located in San Diego, Virginia H. Gaburo & Associates represents brokerage firms, broker dealers and investment brokers throughout southern California and the United States. Ms. Gaburo is recognized as one of the leading securities and investment fraud lawyers in the San Diego area and has the following experience:

  • Member of the NASD (now FINRA) panel of arbitrators
  • More than 20 years of trial experience
  • Track record of success

For additional information about us and the benefits of retaining our services, please visit our firm overview page.

To discuss your legal matter with an experienced securities lawyer, please call attorney Virginia H. Gaburo at 858-546-0183.

Experienced and Aggressive Brokerage Firm Defense Lawyer

We provide brokerage firms and their representatives an experienced, aggressive defense to a number of legal matters and claims, including the following:

  • Investment fraud
  • Unsuitability of investments
  • Breach of fiduciary duty
  • Noncompliance with securities laws and regulations
  • Internal investigations
  • Churning
  • Misrepresentation or failure to disclose
  • SEC Charges
  • Overcharges

To schedule a confidential consultation to discuss how we can help your brokerage firm with a securities law matter, please call attorney Gaburo at 858-546-0183, or, if you prefer, you may fill out our intake form and we will contact you.

We all know that with investments, there are certain risks involved. The issue is whether a fiduciary was acting in the best interest of the client when they made the investment recommendation, whether the risks were disclosed to the investor, and whether the investment was suitable based on the client’s particular situation.

Located in San Diego, Virginia H. Gaburo & Associates represents consumers, investors and brokerage firms throughout southern California and the United States with investment fraud claims pertaining to the suitability of the investment and the disclosure of the risks involved.

Attorney Virginia Gaburo has more than 20 years experience handling a wide range of claims, including those involving investment fraud and the suitability of investments. Ms. Gaburo is also a member of the NASD (now FINRA) panel of arbitrators.

For additional information about us and the benefits of retaining our services, please visit our firm overview page.

To discuss your investment fraud or misrepresentation matter with an experienced securities lawyer, please call attorney Virginia H. Gaburo at 858-546-0183.

Unsuitable Investments

What constitutes a suitable investment depends on the facts and circumstances of each particular case. However, there are some patterns that may lead to an investigation or claim, including:

  • Failure to diversify – putting all the client’s eggs in one basket
  • Involving the client in margin accounts
  • Involving the client in high risk securities, especially if the client is elderly
  • Breach of fiduciary duty
  • Churning
  • Failure to disclose material facts and risks
  • Overcharges
  • IPOs
  • Putting clients in investments that have liquidity issues or concerns
  • Investments in mortgage funds or mortgage notes
  • Illegal investments

To schedule a confidential consultation to discuss your investment fraud or other securities law matter with an experienced attorney, please call Ms. Gaburo at 858-546-0183, or, if you prefer, you may fill out our intake form and we will contact you.