Misled Into a High-Risk Investment? Here’s What You Need to Know
If you are concerned that you have been misled into a high-risk investment, you are not alone. Far too often, investors trust investment advisors and others to help them make sound decisions—only to discover later that their trust was misplaced. If you find yourself in this scenario, you may be able to recover your fraudulent losses, and you will want to speak with an investment fraud lawyer promptly.
Filing an Investment Fraud Claim When You Were Misled Into a High-Risk Investment
Seeking to recover fraudulent investment losses in this scenario starts with proving that you were, in fact, misled. Even if you received a prospectus that warned of the risks somewhere in the fine print, you may still have a claim if:
- Your investment advisor or someone else recommended the investment to you;
- Your investment advisor or someone else told you not to worry; and/or,
- Your investment advisor or someone else misrepresented the risks involved.
Likewise, if you received a prospectus or reviewed other disclosures that contained inaccurate information, you may have a claim in this scenario as well. Here, you would most likely have a claim against the issuer; although, if your investment advisor should have spotted red flags, your investment advisor could also be liable for the losses that he or she could (and should) have helped you avoid.
With this in mind, you should collect any and all documentation you have that is related to your investment. This includes the prospectus and any other disclosures, as well as copies of emails, direct messages and any other communications with your investment advisor or someone else who convinced you to invest. Once you have collected everything you can, you should then speak with an investment fraud lawyer about your situation as soon as possible.
What to Expect When You File an Investment Fraud Claim Related to a High-Risk Investment
What you can expect when you file an investment fraud claim related to a high-risk investment depends on the type of claim you need to file. For example, if you have a claim against an investment advisor, seeking to recover your fraudulent losses will most likely involve filing for FINRA arbitration. However, if you have a claim against an issuer or another party that isn’t registered with FINRA, you may need to take your claim to court.
In either scenario, you can (and should) rely on your investment fraud lawyer to represent you throughout the process. Regardless of the path you need to pursue, an experienced investment fraud lawyer will be familiar with the steps involved in seeking a financial recovery—and, in most cases, you can hire a lawyer to seek to recover fraudulent investment losses at no out-of-pocket cost.
Schedule a Free Consultation with an Investment Fraud Lawyer at Zamansky LLC
Were you misled into a high-risk investment? If so, we encourage you to contact us to discuss what we can do to help. To schedule a free consultation with an experienced investment fraud lawyer at Zamansky LLC, please call 212-742-1414 or contact us online today.