Recovering Losses caused by Investment Misconduct

First and foremost, you’re a target. Con artists and fraudsters work to defraud investors in your age group and older more than anyone else. This is likely due to both your retirement nest egg and the realities of aging, which cause older investors to be more easily defrauded despite the fact that they tend to know more about smart investing than younger investors.
 

To protect yourself, it’s important to know what to do before you invest and what to watch out for after. Also, keep an eye on the different types of investment schemes out there. (For four of the latest investment schemes baby boomers and seniors need to watch for, click here. The FBI also keeps a running list of common frauds on its website.)
 

Before You Invest
 

Do your homework. FINRA, the SEC, and your state securities regulator (such as the Ohio Division of Securities) all have tools you can use to run background checks on financial professionals and to check the registration status of different stocks and securities. Make sure you can verify the information you’ve been given, and if you don’t understand how an investment is supposed to work, don’t invest until you do.
 

Watch for any sign that something may be wrong or “off” with your accounts. Make sure you can access your accounts when and were you want to access them. Verify that your statements reflect the holdings and the activity that you expect and that you have authorized. If something seems wrong or incorrect, don’t be afraid to ask questions. And, if you start to feel like you may have been the victim of investment fraud, don’t hesitate to contact a knowledgeable securities arbitration attorney. In many cases, your consultation will be free.
 

About our law firm:
 

The Ohio-based law firm of David P. Meyer & Associates represents individuals in Ohio and throughout the country who have been harmed by investment fraud. All our cases are handled on a contingency fee and we never request a retainer of any kind. Contact us toll-free at 1.866.429.2360 for more information or complete the online form on the top of this page and we will respond promptly.