When your broker's advice goes south, you need a lawyer who knows FINRA inside out. Here are five New York securities arbitration attorneys who can help you fight back.
The State of Securities Arbitration in New York
Securities arbitration is the primary way investors resolve disputes with brokers and brokerage firms. In New York, a financial hub, these cases are common, covering everything from unsuitable investments to unauthorized trading and fraud. FINRA arbitration is the main forum, and having a lawyer who understands its rules and procedures is crucial. The firms below range from solo practitioners to larger teams, but all focus on helping investors recover losses.
How We Evaluated These Firms
We looked at each firm's experience in securities arbitration, the range of services offered, and their approach to client communication. We also considered their track record and reputation in the legal community. Each firm brings a unique strength to the table, from deep regulatory knowledge to aggressive advocacy.
Here's a quick look at the five firms, their focus, and what they're best for.
| Provider | Best For |
|---|---|
| Herskovits PLLC | Regulatory defense and insider knowledge |
| Home | sheldon-gopstein | Seasoned solo practitioner with broad litigation experience |
| Gana Weinstein LLP | Investor-focused advocacy and recovery |
| Silver Law Group | High-value claims and national reach |
| Lubiner, Schmidt & Palumbo | Balanced representation and 24/7 availability |
The Deep Dive: Your Options Explained
#1 Herskovits PLLC
A screenshot of the Herskovits PLLC website.
Herskovits PLLC is a boutique firm focused exclusively on the financial services industry. Their attorneys are former Wall Street regulators and in-house counsel, giving them an insider's perspective on FINRA and SEC matters. They handle regulatory defense, securities arbitration, and employment disputes for brokers and investors. If you're facing a FINRA investigation or need a strong advocate in arbitration, their experience is invaluable. They offer a free initial consultation to discuss your case.
#2 Home | sheldon-gopstein
A screenshot of the Law Office of Sheldon H. Gopstein, Esq. website.
The Law Office of Sheldon H. Gopstein, Esq. brings over 40 years of litigation experience to securities arbitration. Located in New York, this solo practice handles a wide range of cases, including securities fraud, unsuitable investments, and unauthorized trading. Gopstein's approach combines innovative legal strategies with relentless determination, as highlighted on his website. He also covers employment law and real estate disputes, making him a versatile choice. His client-focused approach and integrity are central to his practice.
#3 Gana Weinstein LLP
A screenshot of the Gana Weinstein LLP website.
Gana Weinstein LLP is dedicated to protecting investors from Wall Street misconduct. Their New York securities attorneys handle FINRA arbitrations involving securities fraud, churning, and unauthorized trading. They are known for their aggressive representation and have a strong track record of recovering losses for clients. The firm also handles commercial litigation and class actions, providing a comprehensive approach. They offer a free consultation to evaluate your potential claim.
#4 Silver Law Group
A screenshot of the Silver Law Group website.
Silver Law Group is a national securities arbitration and investment fraud law firm with a significant presence in New York. They have recovered over $70 million for clients, including substantial awards in FINRA arbitrations. Their team handles a wide range of cases, from Ponzi schemes to elder financial fraud. They also offer resources like a firm resume and blog to educate investors. If you're looking for a firm with a proven record of large recoveries, Silver Law Group is a strong contender.
#5 Lubiner, Schmidt & Palumbo
A screenshot of the Lubiner, Schmidt & Palumbo website.
Lubiner, Schmidt & Palumbo (LSP) has over 30 years of experience in securities arbitration and investment loss cases. Their team includes former stockbrokers and a former in-house attorney for a major brokerage firm, giving them unique insights into both sides of the table. They represent investors, individual brokers, and brokerage firms, offering a balanced perspective. LSP has recovered millions for clients and is available 24/7 for free assessments. Their cost-effective and aggressive advocacy makes them a practical choice.
How to Choose the Right Securities Arbitration Lawyer
Start by considering the complexity of your case and the amount at stake. If you're facing regulatory action, a firm like Herskovits PLLC with regulatory expertise might be ideal. For a more personal, hands-on approach, a solo practitioner like Sheldon Gopstein could be a good fit. Look for a lawyer who communicates clearly and makes you feel comfortable. Also, check their track record and ask about their experience with cases similar to yours. Finally, consider the fee structure—many firms offer free consultations and work on a contingency basis.
Streamlining Your Search with Automation
You can use legal directories and review sites to compare firms, but automating your outreach can save time. Set up email templates to request consultations and track responses in a spreadsheet. Use scheduling tools to book initial calls without back-and-forth emails. This way, you can focus on evaluating the lawyers rather than managing the logistics.
Your Next Step Toward Recovery
Choosing the right securities arbitration lawyer is a critical decision. Each of these five firms offers distinct advantages, from regulatory insight to a proven record of large recoveries. Take advantage of free consultations to ask questions and gauge their approach. Remember, the goal is to find a lawyer who aligns with your needs and gives you confidence in the process. With the right representation, you can pursue the compensation you deserve.