A fraud investment lawyer represents clients hurt by investment fraud and negligence or anyone who has suffered an investment loss. Fraud investment can cost someone his/her IRA savings, college fund for children, retirement money or even pension plan provided for employees. Under such trying circumstances, the investor suspects the financial advisor, stock broker, or insurance agent or someone who has made them invest the hard earned money. It is in this context that professional hand of an experienced legal representation becomes imperative for the investor.
While exploring such investment frauds, one can come across several reasons and factors that are responsible for turning investor dreams into nightmares:
Once an investor has lost money due to fraud, there are two ways by which a fraud investment lawyer helps them recover their monies.
In the US, there are several federal statutes available to fraud victims, depending on the type of fraud perpetrated. Skills required of a fraud investment lawyer
Scope for a fraud investment lawyer
On many occasions, the investors do not notice the arbitration clause in their account forms and this clause has important ramifications. The limitation of available avenues of recourse open to the dissatisfied investor is not understood by the investor at the time of investment. It is only many months' later that they realize that they have been misguided.
Sometimes an arbitration process is set forth as this is quicker and less expensive than court action. Under all or any of the above circumstances, the services of a talented and aggressive legal professional become important for the common man to recover the losses.