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Oklahoma Financial Elder Abuse Attorney

Oklahoma, the Sooner State, offers baby boomers and seniors a rich landscape of scenic lakes and mountains that are ideal for retirement community living. Seniors have many investment choices when it comes to growing their nest egg for retirement living, but unfortunately some retirement plans go off the rails when seniors find themselves victimized by investment frauds or bad financial advice. As a group, seniors are particularly vulnerable or taken advantage of by scammers or unscrupulous financial advisers. Finding the right advocate to recover lost investment funds is critical to getting your retirement back on track. Malecki Law is a national financial elder abuse law firm in New York that has recovered tens of millions of dollars for senior investors who have lost their retirement funds through fraud or negligent mismanagement, and no fault of their own. The firm’s founder, Jenice L. Malecki, is a financial elder abuse attorney who, for over 30 years, has been an industry leader that has fought and advocated for seniors taken advantage of by wrongdoers and an unsympathetic financial industry.

Oklahoma also happens to be the state where the Public Investors Advocate Bar Association (PIABA) is headquartered, and where Ms. Malecki has been heavily involved in her advocacy for senior victims of financial fraud. PIABA is a pro-investor, non-profit bar association whose members represent investors in litigation disputes with the securities industry. Ms. Malecki was a Vice President on the Board of Directors of the PIABA Foundation, an investor educational non-profit group with a mission to educate investors and provide the public with information about abuses in the financial services industry and the securities dispute resolution process. She has also been a featured speaker many times at PIABA's annual year-end conferences and numerous other industry events.

The Oklahoma Department of Securities has recognized senior vulnerability to investment fraud and has published a series of warnings and red flag considerations for retiree and senior investors, noting that one out of every five people over the age of 65 have already been victimized by financial fraud, and that the population of older adults vulnerable to fraud is growing. Keep in mind, however, that it may be even more beneficial to first consult with a legal professional ahead of making a public report to a regulator. While a regulator is there to help you, filing a report that may contain premature statements about the fraud could work against you if you do not yet have all the facts.

Moreover, there are many instances where regulatory investigations into fraud hit a dead end, accordingly, making it an insufficient avenue for investors to be made financially whole. For this reason, victims of fraud or bad financial advice should consider hiring a financial elder abuse lawyer to bring a parallel civil suit to maximize the return of lost funds. Choosing experienced legal advocates, such as the financial elder abuse lawyers at Malecki Law, can make all the difference, whether the losses are a result of fraud, misrepresentations or omissions about an investment recommended, general negligence, or a firm’s supervisory failure to protect the assets custodian in the account.

One reason regulatory enforcement actions alone are insufficient to making victims whole is that regulators usually seek documents and cooperation from investor victims to assist the broader investigation, but regulators do not typically return the favor by sharing such evidence regarding other investors who may have suffered similar losses. This is important because a critical component of proving a fraud is to show that others were defrauded too. This makes it less likely that a trier of fact (e.g., a court or arbitration panel) will resort to blaming a lone victim. Regulatory investigations also often fail to recoup the full amount lost because they do not always seek to prosecute the full time period of the violations that occurred, meaning victims who are expecting full restitution may only receive a small fraction of their losses, even after years of investigation.

In FINRA arbitration, where most retail securities disputes are heard and litigated, investors can expect their cases to be resolved within 12 to 15 months depending on the availability of arbitrators and the parties’ counsel. Elderly and disabled investors may also qualify for expedited proceedings, which can bring a resolution several months faster. This is far faster than what investors can expect from a regulatory proceeding, which in some cases may never reach a conclusion owing to budget constraints, change of elected administrations, or any other shifts in regulatory priorities. The financial elder abuse attorneys at Malecki Law recognize that regulatory investigations are opaque in nature, in which investors are accordingly given very little understanding of the status of their case or a timeline to possible restitution.

For these reasons and others, it is critical for Oklahoma retirees who have been victimized in the financial markets to additionally seek competent counsel in the securities arena. Jenice L. Malecki is a relentless retiree advocate and financial elder abuse attorney who will aggressively prosecute a parallel civil lawsuit against the wrongdoers or financial institutions involved. If you are an Oklahoma resident, senior, or retiree who has lost money in the financial markets and would like a free consultation about whether your account was properly supervised, contact a financial elder abuse law firm like Malecki Law for a free consultation. You can call or email Jenice Malecki directly at (212) 943-1233 or

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Testimonials From Former Clients
I highly recommend Jenice and her team at Malecki Law. I had a challenging, and lengthly case. Jenice was professional, very knowledgeable, and a pleasure to work with. She managed to make the process far less stressful during a very difficult time. They care about their clients, and it definitely shows. Mario
Jenice is truly a miracle worker and one of the top securities lawyers. She handled a very difficult case for us, displaying her legal knowledge, intelligence, and savviness throughout the process. I cannot recommend her enough. The quality of work from her team rivals that of corporate law firms. She was always available, extremely professional, and made sure to know all the details of the case. We were very fortunate to have been referred to Jenice and highly recommend her for any securities related legal issues. Nathan A.
An excellent professional who represented us in trial regarding a bank fraud, an unexpected and difficult time. A professional that worked hard, persevering and who stood toe to toe against firms that had a team of excellent lawyers backing them up. Her unflinching determination really stands out, it makes you feel you have someone who really cares about trying to recover what you lost from the people that wronged you. Salomon Levi
It is difficult to thank you in words when gratitude comes from the heart, so I will try to link feelings with writing. It is essential for us to mention your excellence as a professional, your aptitude on legal fields, and your unavoidable persistence. All of these virtues that elevate the profession you exercise in such an admirable way, go hand in hand with your sense of ethics, your human warmth and the transparency in your actions. To sum up, thank you for being a listening ear and for having the right word while transmitting information about the legal process. Having you as our representative during such an adverse situation was a privilege and enough reason for our eternal gratitude. Angeles Aparain
To say that my securities litigation was complex would be a severe understatement. With multiple parties involved and spanning many years, trying to understand the issues was daunting to say the least. Jenice and her team broke down the transactions by segment and by party uncovering every hidden expense. In the end, I was more than happy and could not thank Jenice and her team enough. I would not hesitate to recommend Jenice to anyone. She is highly professional, incredibly knowledgeable, well connected to industry experts, has a tireless work ethic and is so pleasant and easy to communicate with. Five stars for sure! Andrew Loughrane