Greco & Greco, P.C.

Who the firm represents and against whom

Greco & Greco, P.C. is a Virginia law firm that represents individuals and investors in disputes with stockbrokers, brokerage firms, financial planners, and investment advisors. The firm works from McLean. Its clients are the people who lost money, and the opposing parties are the financial professionals who handled it.

That single orientation shapes everything else on the website. The firm handles securities fraud, investment fraud, and FINRA arbitration. It pursues recovery of investor losses in arbitration before the Financial Industry Regulatory Authority and in federal and state courts.

In my opinion, the clearest signal on a law firm website is which side of a dispute it takes. Greco & Greco answers that question on the first page.

The claims the firm names

The site lists the specific claim types it pursues. They include churning, unsuitable recommendations, unauthorized trading, failure to supervise, Ponzi scheme investments, and SEC whistleblower claims. These are recognised categories in securities practice, and each carries its own proof burden.

What those terms cover

Churning describes excessive trading in an account, usually measured by turnover rates and cost-to-equity ratios against the account's value. The commissions generated become the evidence. An investor's monthly statements are the raw material for that calculation.

An unsuitability claim asks whether a recommended investment matched the customer's stated objectives, age, income, and risk tolerance. FINRA Rule 2111 governs the duty. The new account form and any risk questionnaire the customer signed carry weight here.

Failure to supervise reaches the brokerage firm rather than the individual broker. The argument is that the firm's compliance systems should have caught the conduct. Branch audit records and internal exception reports feature in these matters.

SEC whistleblower claims run on a separate track entirely. A tipster submits information through the SEC's programme and may receive a share of monetary sanctions if the information leads to a successful enforcement action. Timing and originality of the information both matter.

Two attorneys, both named

Greco & Greco is a father and son team. W. Scott Greco is the managing attorney. Frederick D. Greco practises alongside him. The site names both and gives each an attorney page.

W. Scott Greco

Scott Greco has devoted his law practice to representing investors in disputes with brokers and firms for over twenty years. He was elected to the Board of Directors of the Public Investors Advocate Bar Association, known as PIABA. That organisation is made up of lawyers who represent investors in securities disputes, and election to its board comes from peers in the same field.

He is licensed in Virginia, Maryland, Washington, DC, and New York. Those four jurisdictions cover the Washington metropolitan area and reach into a second major financial centre.

Frederick D. Greco

Frederick Greco was born in 1937 and graduated from American University Law School. He represents individuals and investors in disputes with stockbrokers, brokerage firms, financial planners, and investment advisors. His practice covers the same claim types as the firm's broader work.

Both attorneys state they each have decades of experience. As a reviewer, I find a two-attorney roster with both members named and described more useful than a long list of headshots without detail.

How FINRA arbitration actually works

Most investor claims against a brokerage firm go to FINRA arbitration rather than to court. Customer agreements typically contain an arbitration clause, and signing the account paperwork commits the customer to that forum. Understanding the process helps explain what a firm like Greco & Greco does day to day.

The stages of a claim

A claim begins with a Statement of Claim filed with FINRA's Office of Dispute Resolution Services. The document sets out the facts, the claims, and the damages sought. The respondent firm and any named brokers then file an Answer.

Panel selection follows. FINRA sends the parties lists of potential arbitrators, and each side ranks and strikes names. Claims above a certain dollar threshold go before three arbitrators. Smaller claims may be decided by a single arbitrator or on the papers alone.

Discovery in FINRA arbitration runs on a document production list published by FINRA. Depositions are uncommon. The exchange focuses on account statements, correspondence, broker notes, compliance records, and the firm's internal communications.

Hearings are held in person or by video, usually over several days. Arbitrators hear witness testimony and argument, then issue an award. The award is binding, and grounds for challenging one in court are narrow.

Why the record matters early

Because discovery is limited and depositions are rare, the documents an investor already holds carry unusual weight. Monthly statements, trade confirmations, emails with the broker, and the original account opening forms tell most of the story. An investor who keeps those papers gives their lawyer more to work with.

Geographic reach and the fee arrangement

The firm's attorneys are licensed in Virginia, Maryland, Washington, DC, and New York. Beyond those bar admissions, Greco & Greco represents investors in FINRA arbitrations from states across the country and from Puerto Rico. Arbitration practice allows that reach, since the forum is national and hearings are scheduled near the customer's residence.

The firm works on a contingency fee basis. Payment depends on recovery. It also limits its caseload and works with referring and co-counsel attorneys, which is a common arrangement in securities practice where a general practitioner brings in counsel who handle these claims regularly.

A free attorney consultation is offered. That first conversation is where most investors learn whether their loss reflects market movement or broker conduct, and the distinction decides whether a claim exists at all.

What the listing establishes

Greco & Greco practises in one area of law. Securities fraud, investment fraud, and FINRA arbitration make up the whole of the published practice. The website carries no scattering of unrelated services.

The verifiable points here are concrete. Two named attorneys with stated backgrounds. A board seat at PIABA held by the managing attorney. Bar admissions in four jurisdictions. Named claim types drawn from FINRA's own rulebook. A contingency arrangement stated plainly.

As a reviewer assessing what a firm publishes about itself, I place weight on specificity. Greco & Greco identifies its attorneys, names the claims it brings, states where its lawyers are admitted, and describes the forum where it litigates. Frederick Greco's American University Law School degree and Scott Greco's twenty years on investor-side work are the kind of details that can be checked against public bar records.

The firm's published material describes a father and son practice in McLean, Virginia, handling investor claims against the financial industry before FINRA panels and in court.