Los Angeles Financial Malpractice Attorneys

Representing financial malpractice plaintiffs in Los Angeles

Accountants, bankers and financial advisors are legally responsible for a defined standard of care. Each is expected to be honest and competent in how they handle other peoples’ money and financial obligations. When financial professionals breach industry ethics – standards that compel investors to place their money in the hands of others – the investor is due just compensation for unnecessary financial losses.

Because so many businesses and individuals entrust their tax and other financial affairs to accountants, a large percentage of financial malpractice centers on these relationships.  When it can be proven that the financial professional failed at his or her fiduciary responsibilities, and that financial harm resulted, litigation for financial malpractice should be pursued.

What is Financial Malpractice?

Accounting financial malpractice often centers on tax deficiencies that were the fault of the accountant. Other financial malpractice is related to investment risk. While all investment carries inherent risk, sometimes that risk is unnecessarily high and falsely represented. When either is due to misrepresentations or clear mismanagement by accountants, financial counselors, company executives, brokers and others, the investor or stakeholder is due fair compensation.

Specific to accountant malpractice, the California State Supreme Court has ruled that the statute of limitations begins only when the Internal Revenue Service assesses a deficiency – providing plaintiffs more time to file a suit against the offending accountant.

Examples of financial malpractice are:

• False claims on securities and financial performance (securities fraud)
• Wrongdoing or negligence in commercial lending (business, real estate financing)
• Negligent or intentional errors in accounting reports
• Theft

Parties who might be guilty of financial malpractice include:

• Accountants
• Appraisers
• Attorneys
• Banks
• Commercial lenders
• Insurance brokers
• Insurance companies
• Investment brokers
• Mortgage companies
• Personal lenders
• Real estate brokers
• Title insurance companies

In claims involving financial malpractice, you must hire the right attorney who is able to assess and address all of the important considerations that arise when representing clients who have suffered financial malpractice.  To determine the right damages and the maximum compensation you are entitled to, you need attorneys who are experienced in understanding the nature and extent of the malpractice and resulting damages.  Our experienced financial malpractice attorneys are able to review your financial documentation, hire the right financial experts who will successfully testify about your financial malpractice case, how it was caused and the detrimental effects on your life.

Contact us as soon as possible - while evidence is still accessible - to discuss your case.

Contact Los Angeles Financial Malpractice Attorneys

If you have a financial malpractice case and are ready to learn how our Los Angeles financial malpractice attorneys can assist you and your family, please call us today for a free consultation about financial malpractice.

David Drexler is an experienced trial attorney who will provide you with wise and compassionate legal counsel and representation through each stage of the process. Remember, you pay nothing if we don’t win your case.

You can contact Los Angeles financial malpractice attorney David Drexler by email, by calling 1-877-99-LA-LAW (1-877-995-2529) or by filling out the form below.

Los Angeles Financial Malpractice Attorney Contact Form

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