Securities Lawyers Blog
We represent clients of financial advisors and brokerage firms in investment disputes against their firms, such as Evercore Group L.L.C.. Our services cover a wide spectrum of broker misconduct, including unsuitable investments, failure to supervise, and losses in various investment products. Our firm can analyze your brokerage accounts, determine the extent of your investment losses, and understand the issues and remedies available.
Evercore Group is an investment banking broker-dealer that advises on mergers, acquisitions, divestitures, shareholder activism, restructuring, and capital markets, underwrites securities offerings, raises funds for financial sponsors, and provides research and agency equity trading for institutional investors. Formed in Delaware in 2006 and based at 55 East 52nd Street in New York, the firm is wholly owned through Evercore BD Investco and Evercore Partners Services East, which provides its office space and administrative support.
Evercore Group L.L.C. – By the Numbers:
- CRD #: 42405
- Regulatory Events: 3
- Broker Employees: 1,267
Evercore Group L.L.C. – In the News:
FINRA v. Evercore Group L.L.C. (Case #2017056128501) – During various periods between at least July 2017 and May 2023, Evercore failed to establish, document, and maintain reasonably designed market access risk management controls and supervisory procedures. In particular, the firm failed to establish certain reasonably designed credit threshold controls and certain price and size erroneous order controls and supervisory procedures. Further, the firm failed to establish a reasonable supervisory system concerning soft block reviews and modifications to existing controls. Finally, the firm failed to establish a reasonable system for annual reviews of the effectiveness of its market access risk controls and supervisory procedures. As a result, Evercore violated Section 15(c)(3) of the Securities Exchange Act of 1934, Exchange Act Rule 15c3-5, and FINRA Rules 3110(a) and 2010.
Gana Weinstein LLP has successfully litigated broker disputes through verdict or settlement. We represent both individuals and institutions throughout the country in FINRA arbitration, as well as commercial litigation in state and federal courts. Our consultations are both free and thorough and our securities litigation attorneys can help you uncover wrongful activity in your account.