Investors have the right to expect honesty from brokers, investment advisors, and publicly traded companies. The myriad of federal laws and regulations governing the securities industry are designed to protect investors from losses due to fraud, deceptive sales practices, unsuitable investment advice and other improper activities.
Unfortunately, fraud and other deceptive practices continue to occur despite the extensive rules and regulations aimed at protecting investors. For example, in recent years many investors frustrated by the low interest rates offered by bonds and CDs were sold oil and gas investments marketed as an alternative low-risk, high-yield investment. In many instances, investments in these commodities were wholly unsuitable for conservative investors and falling oil prices have resulted in losses of 50 percent or more of the investment’s value.
Luckily, there are laws that protect investors who have experienced losses due to oil and gas investment fraud or who have otherwise sustained financial damage due to a breach of fiduciary duty on the part of financial professionals. However, it is up to the individuals who have suffered these losses to know their rights and to pursue a claim for compensation. If you have experienced an investment-related loss, a financial fraud lawyer can help you to determine whether you have a claim. The red flags listed below can also provide insight as to whether you should consider contacting an attorney to initiate legal action.
Get Help from an Experienced Investment Fraud Attorney
If you suspect you were the victim of oil and gas investment fraud or any other type of stock or investment fraud, Zamansky LLC is here to help. Contact us to learn more about how we can assist you in recovering your financial losses.