What do you do if you believe a broker or brokerage firm is involved in illegal activity? If you are a single investor and the fraudulent activities of this company leave you no choice but to seek the help of others, you need to know who to turn to for help. You need the advice of a knowledgeable securities fraud attorney in seeking justice. Before consulting a legal professional, however, here are some details you need to know regarding these matters.
What is the first step? You can try to resolve the problem directly with the broker / advisor, branch manager, or the company’s compliance department. When you are sure of your fraudulent activity, put your compliance in writing. Office of Investor Education and Defense. Securities and Exchange Commission (SEC), the office of the Financial Industry Regulatory Authority, or the Secu. of the state. Trust Administrator How is the SEC handling the complaint?The commission analyzes your complaint and decides whether to forward it to the compliance department; If this does not seem necessary, they can send the complaint to the broker / firm and request a report.
Are you not getting the results you want? The SEC has no authority to arbitrate or judge. If the problem persists, you will need to hire a knowledgeable securities fraud attorney to work in mediation, arbitration, or litigation. Do you need legal representation? Yes, in most cases the other party will have legal counsel. If you do not have the guidance and representation of a lawyer in such a case, you can be disadvantaged. Are you getting your money back?If your attorney is able to prove the use of fraudulent funds in securities investments through arbitration or litigation, you may be able to get your money back. Is there a valid deadline? Yes, and it’s strict. to take action against the broker or brokerage company if you fail to meet this deadline. You can file a complaint with the SEC. However, it does not mean that you are delaying seeking legal assistance because of this error, this error could cost you more. If you suspect fraud, click here https://investmentfraudlawyers.com/northstar-healthcare-income-reit/ and contact a securities attorney immediately.