Decades of Legal Experience with Over
$100 Million in Client Recoveries.
Results Focused Representation
MDF Law PLLC, is a New York City based commercial litigation firm whose practice focuses on advocating for investors as well as elderly victims of securities fraud and investment fraud. The firm does not represent life insurance companies, financial advisors or broker-dealers. We exclusively advocate on behalf of investors, beneficiaries and elderly people who have suffered financial exploitation or financial mismanagement. Unlike most commercial litigation law firms, MDF Law takes all our cases on contingency. This means we are not paid a legal fee unless our clients successfully recover money. We prefer working on contingency because we become partners with our clients and have a shared financial stake in the outcome of our cases.
Proven Track Record
Our partners, Marc Fitapelli and Jeffrey Saxon, are seasoned trial attorneys with decades of legal experience. They have helped recover hundreds of millions of dollars for investors and other injured parties. Our attorneys have handled countless matters from inception through verdict and have achieved multiple individual verdicts or arbitration awards in excess of $1 million.
Members of Morgan Stanley’s Meridian Wealth Group are involved in a $15 million dispute according to FINRA. The members, Christopher McCaffrey (CRD# 2735236), Elizabeth Layne
In our previous article on options, we discussed options strategies in depth and explained what a spread is. If you are already familiar with options
Our law office is investigating arbitration cases against the financial advisors who marketed deeproot Funds to investors. If you or someone you know invested in
Financial Advisor Negligence
We represent investors in claims brought against financial advisors for negligence and fraud. These claims are usually arbitrated before the Financial Industry Regulatory Authority, or FINRA. We have represented investors in FINRA arbitration matters throughout the country. These cases generally involve fraud, negligence or even theft by a financial advisor.
Non-Traded REIT Disputes
Our attorneys represent investors who have purchased illiquid, non-traded Real Estate Investment Trusts, or REITs. These investments are often sold to investors with the promise of paying guaranteed dividends during their lifetime. Our attorneys have experience handling FINRA arbitration against financial advisors and broker-dealers who recommend non-traded REITs.
Annuity Fraud and Misrepresentation
Unfortunately, insurance sales people often exaggerate or simply lie about the features of an annuity. These products are generally highly complex and often accompanied with a book of lengthy disclosures. Many salespeople recommend annuities, not because they are in the financial best interests of their customers, but because of the lucrative commissions paid by life insurance companies.
Financial Advisors Selling Unapproved Investments
MDF Law frequently represents clients of financial advisors who purchase investments that were not approved or sanctioned by the advisor’s brokerage firm. These types of claims are common and are referred to as “selling away” cases. Under the securities laws, brokerage firms are responsible for compensating investors that purchased unauthorized investments from their agents.
Jason Tarver (CRD #: 2569913), a broker registered with Merrill Lynch, Pierce, Fenner, & Smith, was involved in a dispute that settled for $2 million,
Publicly reporting companies must fill in an SEC Form 8-K—also known as a “current report”—disclosing any major events of shareholder interest. These current reports are
Richard Braverman (CRD #: 1023227), a broker registered with Geneos Wealth Management, is involved in a $1,000,000 investor dispute, according to his BrokerCheck record, accessed
Securities Fraud Litigation
Our attorneys represent investors in securities fraud claims pursued in state and federal court. These claims generally allege fraud made in connections with the offer or sale of a security. Securities litigation claims may also include shareholder right’s litigation as well as derivative lawsuits. We have experience litigating these claims in state and federal court.
Our attorneys represent investors in disputes with their broker-dealers concerning margin loans. These disputes often involve negligence associated with the auto-liquidation of a customer’s account. These cases can also involve situations where a financial advisor uses margin without their client’s knowledge or consent, which is unlawful.
Life Insurance Disputes
We represent individuals in disputes regarding the proceeds of life insurance policies. Often these disputes are between family members and beneficiaries. They can also be against the insurance company for wrongfully denying coverage. There are strict time-lines and laws regulating the denial of life insurance, which can become a complex legal issue.
Elder Financial Abuse
We represent elderly victims of financial abuse. Tragically, many of our clients are over the age of 65 and suffering from one or more physical or mental handicaps. We are often contacted by these senior citizen’s adult children or caregivers who uncover the abuse, which can sometimes include theft. Many elderly victims of financial abuse can sue under their state elder abuse statute.
Ponzi Scheme Litigation
Our attorneys have represented victims of Ponzi schemes before FINRA as well as in state and federal court. These claims are often highly complex and involve identifying solvent parties who are legally liable for the fraud. Often this involves pursuing claims against third parties, including attorneys, accountants, fund servicers and financial advisors or any other person legally liable for the ponzi scheme.
New York Commercial Litigation
MDF Law has experience handling complex civil and commercial litigation matters. Our attorneys frequently appear in state and federal courts in New York as well as other federal courts throughout the country. We have experience handling diverse commercial cases including, partnership disputes, shareholder lawsuits and real estate litigation matters.
NY Commercial Litigation
The New York Commercial Division is part of the New York State Supreme Court and was created to handle complicated commercial cases in their respective
Choice of Law, otherwise known as the “governing law” clause in a contract, allows the parties to negotiate and agree on which particular state’s law