We’ve previously written about banks and Ponzi schemes and potential liability for aiding and abetting. Now let’s assume a lawsuit has been filed. Banks have a treasure trove of information readily available to them. Because the government requires it.
When choosing your financial advisor, ensure that he or she has a custodian.
Let’s briefly identify and explain a few common causes of action that the investor can bring against a broker in a Statement of Claim.
Denial. Anger. Depression. There is no typical response to financial loss due to fraud, but this article may help you understand why you selected a particular investment or even allow you to spot a scheme before it’s too late.
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