Stock Market Losses? –How to Recover Investment Losses Resulting From the COVID 19 Pandemic

Stock Market Losses? –How to Recover Investment Losses Resulting From the COVID 19 Pandemic

Stock Market Losses? –How to Recover Investment Losses Resulting From the COVID 19 Pandemic 150 150 Robert Rex, Esq.

April 2020

Retirees and Those Anticipating Retirement In the Near Term

Financial advisors are charged with a duty to make “suitable recommendations” to their customers. For those anticipating retirement in the near future or those who are already retired, investment recommendations should be skewed toward the conservative end of the spectrum, so that in the event of a market adjustment such as the present situation caused by COVID 19, the downside is somewhat protected.

Accounts that have suffered losses that track the decline of the DOW would generally be considered unsuitable for retirees, and those anticipating retirement in the near future.

How to Recover Losses 

Recovery of losses from registered financial advisors and brokerage firms is pursued by filing an arbitration claim with FINRA (Financial Industry Regulatory Authority). This process is more expedient and less costly than court litigation. Most cases are resolved in about 12 months, sometimes less. We handle most cases on a contingent fee basis, meaning you only pay us if we obtain damages for you.

If you or one of your loved ones is concerned about their financial future as a result of having suffered significant losses in an investment account, please give us a call. We have been representing aggrieved investors for more than 30 years and we can help you.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

 

 

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