You’ve worked hard to build your wealth and invest in securities that you think are best for your long-term interests. However, in the blink of an eye, your financial stability can be wiped away by greedy investors.
If that’s happened to you, then you may be considering what your options are.
Fortunately, you may be able to take legal action to try to find some accountability and recoup your losses. However, the stakes are high in these cases, and making what may seem like a minor mistake can leave you unable to achieve the outcome that you want and need.
How an attorney may be able to help you
There are a lot of moving pieces to a securities fraud lawsuit in New York. If you want to put the best legal arguments forward supporting your claim, then you may want to think about having a legal ally on your side.
Here are the top reasons why you may want an aggressive advocate on your side:
- This area of the law is complex: Understanding complex investment schemes can be difficult. Applying the law to them can be even more challenging. But an attorney who is well-versed in this area of the law will be able to investigate the circumstances of your case and explain to you how you were duped out of your hard-earned money. He or she can then help you figure out the best way to apply the law to the facts of your case so that you’re developing the strongest legal arguments possible.
- The other side will have an attorney: If you’re going up against a well-resourced investment professional, then there’s a good chance that he or she will have a reputable legal advocate on their side. This means that you’ll be going up against strong defense arguments, even when the facts of the case seem to fall fully in your favor. With your own attorney by your side, though, you can be prepared to counter the other side’s arguments, thereby protecting your interests.
- You need to maximize your recovery: Proving liability is just part of your case. You’ll also have to prove the full extent of your damages if you hope to be put back in the same position that you were in before you were taken advantage of, or at least a position that is close to where you were before. This can be tricky to do, though, and you may have to wriggle your way forward amongst other fraud victims to ensure that you get your fair share of whatever money is left over in the investment fund.
- You don’t want to be taken advantage of during mediation: Before your case heads to trial, you’ll probably have the opportunity to negotiate a settlement. But the other side is likely to deploy slick tactics aimed at getting you to doubt the strength of your case. Without a strong legal advocate by your side, these strategies may trick you into accepting a settlement that is far less than you deserve.
The time is now to seek out the assistance that you need
You have a lot to lose in your securities fraud case. If you wait too long to take action, then you might put your claim at risk. That’s why now is the best time to consider your representation options and how best to use them.