Justia Lawyer Rating
Super Lawyers
AVVO - Joseph Robert Top Attorney
Avvo Reviews - Joseph Robert
AVVO - Alexander Nicholas Top Attorney
Avvo Reviews - Alexander Nicholas

Raymond James Financial Services

Attorneys in our practice are looking into many situations that call for a Raymond James Financial Services lawsuit or arbitration.

Raymond James Financial Services Inc. is a broker-dealer based in St. Petersburg, Florida. The firm has been fined and sued many times in recent years, and you may have a claim for investment losses resulting from inappropriate actions of brokers.

Raymond James Financial Services has been sued for presenting liquid auction-rate securities (ARS) as liquid investments. In 2010 alone, Raymond James was ordered to buy back millions of dollars worth of ARS to investors to whom the securities were misrepresented. During the 2008 market collapse, many investors say they were stuck with ARS they couldn’t sell, and did not receive warning from Raymond James brokers that the ARS market was becoming dire.

In another instance of Raymond James Financial Services fraud, a former Raymond James broker in 2004 pleaded guilty and was sentenced to federal prison for conning wealthy investors into putting more than $44 million into a fraudulent account from which transferred large sums of money to his wife.

In 2011, a former Raymond James broker in Connecticut pleaded guilty to stealing more than $1.3 million from his clients.

FINRA and NASD also have assessed Raymond James with multiple fines of more than $1 million for broker misconduct and failure to supervise employees.

If you were harmed in these or other scenarios involving Raymond James Financial Services, find out your rights. Set up a no-obligation consultation with our office.

Client Reviews
Working with Joe was an absolute pleasure considering the unfortunate situation I was dealing with! He’s very knowledgeable and easy to communicate with. He kept me informed in all aspects of my case in a timely manner. Whenever I contacted him with a question he responded quickly. His expertise came through for me! I would highly recommend him! Joanne
I hired Joe and his firm Stoltmann Law office to represent me in a case where my investment guy had lost a substantial amount of money in my account. He invested in some very speculative energy stocks which should not have been in my portfolio due to my request for a very conservative investment portfolio. I was very impressed and satisfied with the representation and negotiations on my behalf by Joe and Stoltmann Law offices and I would definitely recommend them to anyone who would be in need of a very fine firm. Anonymous
Never having a need to file suit against anyone, let alone a major multi-national brokerage firm, I was at a loss to find a legal firm to assist me. After much searching, I found Stoltmann Law Offices, PC. They were very diligent and professional in the handling of my case and I am glad that I retained their services. I would definitely refer them to anyone seeking similar help. Donald F.