McCarthy Lebit Crystal & Liffman
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McCarthy Lebit Crystal & Liffman
We help investors who have been harmed by the misconduct of brokerage firms or financial advisors. We learned this game by working for the enemy. Today, we work solely on the side of abused investors. But we didn't start out that way. We spent many years defending national and regional brokerage firms, learning everything there was to know about the brokerage industry's corporate culture and the methods used by broker-dealers to attack and eliminate customer claims.

Most claimant-only lawyers today have no experience representing big brokerage firms, let alone the deep level of experience we bring to the table. Almost every law firm will tell you its lawyers provide a "free initial consultation", which usually means they'll listen to your story and tell you how much they charge. We don't do free initial consultations.

We do an entire preliminary workup of your case, free of charge and without any obligation on your part to retain us. That's the only way you and we can know whether you have valid and provable claims - the only kind of claims we handle.
Services
McCarthy, Lebit, Crystal & Liffman is a renowned full-service law firm headquartered in Cleveland, OH.
Our areas of practice include Banking & Finance, Corporate, Mergers & Acquisitions, Creditor Rights & Bankruptcy, Taxation, Insurance Coverage, Intellectual Property, Real Estate & Construction, Education, Family Law, Trusts & Estates, Employment, Personal Injury & Wrongful Death, Criminal, Cyber & White Collar, Alternative Dispute Resolution and Litigation.
The Stockmarketloss group, a litigation team within the MLCL law firm, is headed by investment misconduct lawyer Hugh D. Berkson.
Although there are plenty of ethical brokers out there, others choose to break their ethical and legal obligations towards customer, exposing you to loss and the broker and his/her firm to damage liability.
Some of the most common examples of this are margin trading, misleading illustration, and unsuitable investments.
Before an agent talks you into buying a new product, he or she should be upfront about the benefits and claims associated with this product.
Unfortunately, too many investors purchase indexed annuities with the belief that they cannot lose their principal.
Hugh Berkson is a Securities Attorney with McCarthy, Lebit, Crystal & Liffman, Co. LPA.
Hugh is rated AV Preeminent by Martindale-Hubbell.
He obtained a business degree in Finance from the University of Texas at Austin in 1989, and is a 1994 graduate of Case Western Reserve University School of Law, where he was a member of the Order of the Barristers and received both the American Jurisprudence Award, (National Mock Trial) in 1993 and the Jonathan M. Ault Mock Trial Prize for 1993-1994.
Hugh later served as an Adjunct Professor of Law at the CWRU School of Law, where he taught trial practice from 1995-2004.
We felt your law team was very professional and had our best interests at heart.
A dedicated team we trusted, and were pleased with the communication and personal touch they provided.
During this past bull market, extremely poor performances in our family portfolios led us to believe that our long time trusted broker had not been looking out for our best interests.
Needing help in determining the specifics, we reached out to Hugh and Jay's firm.
From the very beginning, their communication with all of us was stellar and continued that way until the case was settled.
There are many ways a stockbroker can violate legal and ethical obligations to a customer, and in most cases, the broker's employer - often a large brokerage firm - will be obligated to pay the damages.
A great investment for one person can be a very foolish investment for someone else.
For that reason, an investor's personal circumstances must be carefully considered by the broker when he or she is recommending investments.
A 40-year old unmarried surgeon should probably invest very differently from a middle-class parent planning for her kids' college years.
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