Justia Lawyer Rating

Experienced Securities and Commodities Trial Lawyers Fighting to Recover Investor Losses Since 2004

The Law Office of Christopher J. Gray, P.C. focuses its practice on representing plaintiffs in securities and commodities cases nationwide. During his 20-year career, New York complex litigation and stockbroker fraud lawyer Christopher J. Gray has handled numerous investor claims in state and federal court as well as in arbitration before the Financial Industry Regulatory Authority (FINRA), the National Association of Securities Dealers (NASD), the New York Stock Exchange (NYSE), and the National Futures Association (NFA).

Christopher J. Gray has tried approximately 20 cases to jury verdict or arbitration award. The firm handles investor claims throughout the United States with the confidence that we can successfully prosecute a case through trial if the defendant or respondent is not willing to make our clients a reasonable settlement offer.

Our attorneys are admitted in New York and New Jersey, as well as various federal courts around the country, and we accept cases in other U.S. states, subject to individual state bar rules for out-of-state practice and working in cooperation with attorneys licensed in those states as required under applicable state bar rules. Our clients do not pay any additional attorneys’ fees if we make the decision to partner with local counsel in another state.

Broker Fraud

When you invest, you put your trust in brokers and brokerage firms. Brokers and brokerage firms owe clients good faith and a very high standard of care when they recommend investments to assist clients with their investment objectives. Unfortunately, broker fraud does occur. Broker fraud can take the form of pump and dump scams, insider trading, churning, embezzling client funds, making misrepresentations of material facts, or failing to disclose material facts or potential conflicts of interest, among other issues.

Securities Arbitration

Securities arbitration is a commonly used form of alternative dispute resolution. If you are an investor who lost money because of your broker or financial advisor’s careless errors or intentional fraud, you may be able to recover your losses through securities arbitration. Arbitration can occur in connection with any type of investment, including stocks, mutual funds, bonds, and annuities. When a customer has a claim against a stockbroker or financial advisor, he or she may be required to have the claim resolved before the Financial Industry Regulatory Authority (FINRA). FINRA arbitrations may be heard before one or three arbitrators.

Commodities

Commodities are raw agricultural products and raw materials for which there is demand. They may take the form of precious metals, industrial metals, energy, or agricultural products like livestock or crops. The price of commodities is determined as a function of an overall market in which they are traded. Investors can trade or deal in commodities through direct investment, investment in real productive assets such as real estate, investment in commodity derivatives such as futures, or investment in the equity of public companies. Futures contracts, for example, are agreements to buy or sell a particular amount of a commodity for a certain price and at a fixed future date. The stockbroker fraud attorneys at our New York firm have substantial experience representing investors in cases involving commodities futures and options on futures, plus over-the-counter derivatives, including class action cases in which plaintiffs have recovered millions.

Class Actions

An important element of our practice is class action litigation. Class action litigation allows a group of people to hold a defendant accountable for misconduct when no individual plaintiff’s losses are sufficient to warrant the expense and time of bringing an individual lawsuit. Class actions offer a mechanism through which small claims can be combined in order to justify litigation against a powerful or sophisticated entity. Another benefit of class actions is eliminating the danger that multiple lawsuits will result in inconsistent judicial decisions. We represent investors, consumers, and shareholders who have been economically harmed because of a financial services institution or corporation’s illegal, deceptive, or negligent conduct.

EB-5 Visa Fraud

The Immigrant Investor Program is known as EB-5. It creates a special category of immigrant visa for international investors to encourage their investment in U.S. commercial enterprises, which will create jobs for American workers. A foreign investor can make a direct investment in a new or existing commercial enterprise that creates jobs, or they can invest capital in a Regional Center that manages investor funds. This program is meant to stimulate the economy by creating jobs. However, sometimes investors fall victim to scams associated with the program.

Elder Financial Abuse

A large percentage of the population in the U.S. is elderly. Unfortunately, elder financial abuse is on the rise. Suspected financial abuse should be reported to the proper local, state, or federal authorities. Our New York stockbroker fraud lawyers have handled FINRA arbitration cases asserting claims under state elder abuse statutes. These state statutes vary widely but certain states have robust remedies such as treble damages and mandatory awards of attorneys' fees if the claimant prevails on an elder abuse claim. Investors who believe they may have been victims of financial elder abuse should be certain to explore all such state law remedies that may be available.

Energy Products

Energy products, especially oil and gas investments, can be extremely volatile. If a financial advisor or stockbroker recommends an oil or gas investment to you, they should make sure that you understand the volatility of that investment. Brokers also owe a duty to figure out whether the investment is suitable, given your age and other elements of your profile and your investment objectives. Sometimes investors’ accounts become overconcentrated in risky oil and gas investments, and the broker and their firm do not disclose how much risk is involved. They can be held accountable for investment losses based on the unsuitability of the recommendation or on other grounds. You may be able to recover your losses through arbitration before FINRA, or by filing a lawsuit, with the assistance of a stockbroker fraud lawyer in New York.

Ponzi Schemes

Sometimes what is presented as a new investment opportunity is a Ponzi scheme. We encourage investors to be vigilant for Ponzi schemes and conduct due diligence. Ponzi schemes are scams in which early investors in a scheme are paid funds from later investors. This payment makes investors believe that the scheme is legitimate. Red flags that an investment opportunity may be a Ponzi scheme include a promise of high returns with guarantees of little risk, overly consistent returns with little or no volatility, unregistered investments, unlicensed sellers or promoters, and difficulty in leaving the investment and getting cash. Sometimes financial advisors engage in impermissible sales of unregistered securities; these may be actionable under state securities acts (known as "Blue Sky laws") or other applicable law.

Retain a Stockbroker Fraud Attorney in New York

If you are concerned that a financial professional may have mishandled your investments, you should consult The Law Office of Christopher J. Gray. Our firm’s attorneys handle cases in state and federal courts throughout the U.S., subject to state bar rules. Call Christopher J. Gray at (866) 966-9598 or contact us through our online form.

Client Reviews
★★★★★
Chris did a great job with my case. He managed my expectations in the beginning of the process, consulted me along the way and always made sure I knew the advantages and disadvantages of decisions we collectively needed to make. He is very knowledgable about the finanical industry and how they work legally, which very much helped me and my legal initiative successful. Chris is straight-forward and doesn't mess around. I was very please with his professionalism and the outcome of my case, and would recommend him to anyone that is pursuing action against any company in the financial services industry. Greg
★★★★★
Chris displayed extreme professionalism. His dedication, research, and concern for his clients pocket book was displayed to the fullest when Chris tried my case. His diligence and perserverance were rewarded when we won our case. I have reccommended Chris to numerous friends who have concurred with my positive assessment. Jay
★★★★★
Chris became my lawyer for a FINRA Arbitration case in 2008. He listened to my complaint, filed notice soon after and engaged an expert witness. We discussed mediation, found it to be agreeable and approached the defendant who at first agreed and at the last minute reneged. At all times Chris kept me informed of the process, costs and developments. Andrew
Meet Our Team
Christopher J. Gray Christopher J. Gray

Christopher J. Gray has spent most of his career representing individuals and small businesses- almost exclusively as plaintiffs- in complex litigation, arbitrations, class actions, and trials and appeals in state and federal court.

In court, Mr. Gray has achieved notable results for his clients in many instances. In 2011, Mr. Gray and co-counsel obtained a pre-judgment attachment of $72.4 million against a now-defunct hedge fund known as Amaranth that had sought to distribute the $72.4 million to its feeder fund investors (including offshore entities) and also to its former employees as deferred compensation.

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Michael J. DeRienzo

Michael J. DeRienzo has significant experience in complex litigation including cases involving securities and other types of fraud, and also has substantial experience representing whistleblowers in matters involving the securities industry and healthcare fraud.

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Contact Us

1National Law Firm Accepting Cases Throughout the U.S.

2Experienced Representation

3Established Record of Substantial Recoveries

Fill out the contact form or call us at (866) 966-9598 to schedule your consultation.