Loss of half principal over inception.
If you're account with with a FINRA - Financial Industry Regulatory Authority- registered broker you can hire anyone in the country. http://www.Piaba.org is a great resource. Http://www.FINRA.org is also another resource you can use. I would recommend visiting http://www.SecuritiesLawyer.com and click on arbitration process and the left hand navigation to read about all the steps. If it is an registered investment advisor that lost half your money you are more likely than not to end up in court in your local jurisdiction.See question
Although not guilty, I was found guilty no contest to a DUI a couple years back in my parking lot, am I able to get a Real Estate License in Florida
Yes you can. 1 dui if disclosed should not be any issue for FREC.See question
C.N.A. took hospice patient outside as instructed by nurse, brought him back inside when told. Family came to visit took him outside again without talking to staff he had a heat stroke. He survived but family has filed suit, facility has blamed me...
I deal with licensure defense before various regulatory boards including the Florida Board of Nursing. Feel free to contact me.See question
I was living in Wisconsin at the time, and she in Illinois. Date was 2004 till 2012. Is there a statute of limitations? The amount was $17,000 and I have a letter signed by her saying she owes me this amount with interest.
If your financial advisor was registered with FINRA and you can check this on FINRA's broker check tool on their website and you find yourself in the FINRA arbitration forum the statute of limitations is 6 years from the date that you were aware of the event that is the substance of the lawsuit. Here is the exact language. It has been interpreted by some panels as the date of purchase.
A panel may grant a motion to dismiss on eligibility grounds at any stage of the proceeding under Rules 12206(b)(7) and 13206(b)(7), including a prehearing motion, if the claim is not eligible for submission to arbitration because six years have elapsed from the occurrence or event giving rise to the claim. Parties seeking this exception should provide arbitrators with valid documents that indicate when the occurrence or event took place.
Anyway getting back to your question if you have a signed contract stating she owes you the money you can sue over that contract and the statue of limitations on a breach of contract begins to run from the breach of the contract so it sounds like you are within the window. Unless you can prove she stole the money and didn't just invest it poorly and lose it, it will be incredibly difficult to get the criminal authorities involved and more likely than not it will remain in civil court.See question
He forged my name to move my funds between companies. So I moved my funds to another company and I lost $ in the process. We came to an agreement that he owes me, he has only made two payments to me. Now he works for another company, but tells m...
If you can prove he forged your signature your chances of winning this case against the advisor should be incredibly high. I've handled a case similar once and the advisor claimed that the customer gave them permission to sign over the phone (didn't matter it was still against company policy). You have a strong claim for rescission against the advisor and the annuity company where they restore you back to the original investment and cover all surrender charges and penalties as if the investment never happened. If you want to get really aggressive with the advisor, since he double dipped and make a second 7-8% commission on the new policy you could bring a claim for civil theft for those dollars and there is a multiplier on damages. I see you are in Jacksonville, I am in Florida as well feel free to contact me further to discuss all your options. Thanks for the question!See question
nothing was notarized and i never received any of the paperwork is this legal ????
Sounds like you are doing business with a Massachusetts based business and MA licensed attorney. With the limited information I have it sounds fine. There is no notary requirement that I am aware of on basic purchase and sale agreements in FL or MA.See question
Nearly $250k would be paid before delivery in November. In this economy he would have our money and the boat if something happened to his business prior to November delivery. How can we protect ourselves and our money while still giving him peace ...
Put it in a lawyers escrow account to be released upon completion. Also check and see if he could post a bond to cover your boat in the event he goes under.See question
I inheirited $500,000 in the form of stock shares in oil mostly and some other things. Well I didn't know anything about investing and how it all works (still don't) . This was all set up through Smith Barney and now 5 yrs later I have nothing and...
The act of recommending carries liability for brokers even in non discretionary accounts. Some courts have held they are your fiduciary. The problem as I see it from the limited information I am given is damages. Spent money does not equate to losses. One has to assume you received some financial benefit or acquired some assets spending the money which is markedly different that the stock plummeting to zero while your broker sat on your hands. The first place you should start is looking at the account opening documents and look at the written stated investment objectives of your account. If there is a material deviation from those objectives then they many not have recommended a suitable strategy for you. If you are going to pursue this you have 6 year statute of limitations through FINRA and even shorter statutes if you will bring state specific or Federal causes of action.See question
2007, I invested $14,000 in 2 companies, paying by credit card. I never received any money from the investments. Both companies closed and criminal charges for fraud were filed by the U.S. Postal Inspectors. I filed a consumer complaint with t...
Most likely not for a number of different reasons. This investment took place in 2007, so after 6 years most all claims would be time barred. Also the act of processing a credit card doesn't necessarily provide any proof of any culpable negligence. Best bet is to contact your state's division of securities and hope that after a criminal prosecution ensues you will be awarded some level of restitution you can collect. Good luck.See question
Can a claimant self represent in a lawsuit? If and when this claimant decides to self represent, what pros and cons are there? Multiple car accidents so multiple UM policies are involved.
I hire lawyers and I am a lawyer. Ever hear the saying anyone who represents himself has a fool for a client? It is very hard to be impartial and objective when you are representing yourself. I did it once for myself in a breach of patent action in Federal court because I didn't want to pay a patent attorney to enforce my patent. I quickly realized that it was impossible because I would have to be a witness. Hire a lawyer, most personal injury lawyers work on a contingency fee so there are not up front costs. If you think the contingency fee is too much then negotiate with them you will be surprised to learn how flexible some of them are.See question