Securities fraud is a serious crime that is far from victimless. The victims of securities fraud can often end up as prey for stockbrokers and other people who are slick talkers. For victims of securities fraud, the humiliation and monetary losses are often great. These victims do have certain methods that can be employed to try to recoup the money they lost.
We know that your mind is probably reeling at the thought that a person you trusted had the nerve to steal from you. Even if the losses you suffered were because of a brokerage firm failing, you might still have legal options that you can pursue.
We can help you to learn about the options that you have to recoup your money. One option that you have a private class-action lawsuit. This is often the option that is chosen when a firm fails because there are multiple clients who ended up in the same boat.
Another option that you have is to seek protection from the Securities Investor Protection Corporation if the firm was a member. This has limits attached to the protections that are offered, so make sure you consider those limits if you are considering this option.
You also have the option of seeking compensation for your losses under the federal bankruptcy laws. This option can often be a long and drawn out process, so that must be considered.
No matter which option you choose, we are here to help you ensure you meet your responsibilities and that your rights are protected during the case. You shouldn’t have to fight to get your money back, but when you do, we are here to help you.
