Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Financial Professionals
Financial Institutions
Individual Investors
Unsurpassed Industry Experience
From our office in Chicago, Illinois, the attorneys at Lewitas Hyman have unsurpassed experience with financial services matters gathered from over 55 collective years of advocating on behalf of financial advisors, other financial professionals, the world’s largest financial institutions and investors.
Our top-tier lawyers’ experience derives from working as senior enforcement attorneys at the United States Securities and Exchange Commission, in senior in-house counsel and business positions at Morgan Stanley, UBS Financial Services and EVEREN Securities, and as attorneys at the world’s largest law firms. Our core values include putting the client first and providing cost-effective counsel coupled with professional and aggressive advocacy.
Our attorneys help financial advisors understand the ins and outs of the financial services industry. We are regularly retained to provide counsel on, and when necessary, handle litigation and arbitration relating to, a wide array of matters impacting the financial services industry:
- Investment losses caused by alleged financial advisor misconduct
- Investment losses caused by alleged securities fraud and Ponzi schemes
- Margin account losses
- Wrongful termination, defamation and other employment matters for financial services professionals
- FINRA, SEC, state and CFP Board investigations and regulatory compliance
- CRD, Form U4, Form U5 and Form ADV disclosures
- Expungement of CRD, Form U4 and Form U5 disclosures
- Promissory and forgivable notes
- Deferred compensation
- Financial advisor and team transitions (protocol and non-protocol)
- Non-competes, non-solicitations and garden leaves for financial services professionals
- RIA formation and compliance
Representing Financial Professionals • Representing Financial Institutions • Representing Investors
Representing You
Financial Professionals
Our Illinois FINRA lawyers counsel financial advisors, registered representatives, financial planners and other financial professionals on employment-related matters, including CRD, Form U4/U5 and Form ADV disclosures, expungement, wrongful termination, employment discrimination, firm transitions, deferred compensation, non-competes, non-solicitations, garden leaves, promissory and forgivable note obligations, and regulatory investigations involving the SEC, FINRA, state, other SRO regulators and the CFP Board.
Financial Institutions
We represent financial institutions in litigation and advise on employment matters, financial advisor transitions, Form U4/U5 and Form ADV disclosures, customer claims involving alleged investment losses and other misconduct, promissory and forgivable notes, and investigations involving the SEC, FINRA, state, other SRO regulators and the CFP Board. We also are frequently engaged to provide compliance-related advice, trade reviews and to conduct internal investigations.
Individual Investors
Our investment fraud attorneys advocate for investors who suffered losses due to the misconduct of financial advisors, firms, and other professionals who recommended unsuitable investments and trading strategies, breached contractual and fiduciary duties, perpetuated Ponzi schemes, or engaged in fraud, theft, churning, unauthorized trading, overconcentration, financial abuse of seniors, and other forms of improper account management.
Chicago Securities Law Blog
LATEST NEWS:
Former First Republic broker files appeal in dispute over recruiting loan balance
A former broker for First Republic Bank has filed a notice of appeal in his...
SEC announces departure of director of its enforcement division, Gurbir Grewal
Gurbir S. Grewal, the Securities and Exchange Commission's Director of the...
SEC fines Thrivent over Reg BI violation involving mutual fund recommendations
Thrivent Investment Management has been penalized by the Securities and...
TD Securities charged with ‘spoofing’ scheme to manipulate U.S. Treasury market
TD Securities has been charged with a scheme involving fraudulent trading in...
American Dream Accounts Act would establish $5,000 investment account for each child
A bill aimed at giving every American child a financial head start in life has...
Proposal for single portal for investors to check on advisors draws support
A proposal that would allow investors to access a single portal for important...
CFP Board takes stand in favor of fiduciary standard at SEC panel discussion
The topic of who is required to serve in the client's best interest was the...
SEC imposes over $3.8 million in penalties against firms, individuals for late filings
23 entities and individuals have settled charges by the Securities and...