ERIC NORSTEDT, P.A.
DAVIE, FLORIDA

Mr. Norstedt’s law practice focuses on representing defrauded investors who have suffered losses due to stock broker misconduct and securities fraud as well as providing legal advice to small and medium sized businesses on matters regarding corporate formation, contract negotiation, employment issues, litigation risk analysis and.  His securities industry, business and legal experience enables him to provide his clients with advice from both a legal and business perspective. Mr. Norstedt maintains strategic alliances with a nationwide network of Law Firms.  Mr. Norstedt has spent years carefully building relationships with these law firms.  His relationships with these firms means that if for some reason his firm is unable to represent a client due to the Bar rules of the state or country in which the client resides he can establish a co-counsel relationship with local counsel that will be seamless to the client. Mr. Norstedt left Merrill Lynch to pursue his Master’s Degree in Finance at Adelphi University to expand his understanding of investments and finance.  Upon graduation, he became a business consultant to various corporations such as Citibank and Metropolitan Life. At PaineWebber, Mr. Norstedt was promoted to Director of Administration, Finance and Systems of the Legal Division and named a Corporate Vice President.At that time the Legal Division had over 300 employees and included the Legal, Early Dispute Resolution, Compliance, Internal Audit, Registration and Employee Investigation departments.In addition to his supervisory responsibilities, he worked closely with the General Counsel of PaineWebber, the Deputy General Counsel of Litigation and Paine Webber’s senior management to determine and set monetary reserves for customer and institutional lawsuits. He gained a unique understanding of the risk analysis made by firms in response to lawsuits. This analysis resulted in amounts firms are willing to pay in settlement of client claims or potential financial exposure of a loss at trial. Over the course of his career Mr. Norstedt has been retained by other law firms for his expertise in portfolio suitability and liability analysis.He has been recognized as an expert by the New York Stock Exchange, National Association of Securities Dealers (collectively now known as FINRA) and the American Arbitration Association. against NFP Securities, Inc. for the inappropriate sale of the Hennessey Financial Monthly Income Fund LP, now known as Capital Solutions Monthly Income Fund, LP. The claim was filed after a federal court denied "Hennessey Fund" or "Capital Solutions" Motion for summary judgment in a case brought by the Securities and Exchange Commission for alleged securities fraud committed by the Fund. "It is apparent that in making the Hennessey Fund recommendation NFP Securities failed to provide investors with a fair and balanced assessment of this investment," said , a securities fraud lawyer and founding partner at Vernon Healy.  According to Eric Norstedt, also a securities fraud lawyer, NFP Securities' questionable business practices were evident in this case. "NFP's failure to perform the proper due diligence on the Hennessey Fund prior to recommending it to investors is not only troubling, but a disturbing breach of its duty to our client." Stock Brokers and Brokerage firms are constantly inventing new schemes to defraud clients as well as recommending new investments, products and strategies that are unsuitable for their clients.           The experience of the Stock Broker Fraud lawyers at Eric Norstedt P.A. has also revealed that Stock Broker, Financial Advisor and Brokerage Firm misconduct has no geographical boundary.  While we accept clients throughout Florida, including Securities Law Firms .  Our relationship with these firms allows us to establish co-counsel representation to comply with local laws governing attorneys.  Alternatively, if it is in the client’s interest and with their approval, we may refer the matter to local counsel.