Los Angeles, CA (PRWEB) December 14, 2004
PRIME L.A. Public Relations president, Suzi Bruno, announces her firm's quick media placements of an important story for Nationwide Securities Arbitration Services, Inc. (NSAS) that gives victims of the 2000 stock market tech crash information necessary to learn how to recover lost money. Within weeks, Jeff Ferentz, General Counsel for Nationwide Securities Arbitration Services, Inc., headquartered in Incline Village, Nevada, was interviewed by consumer reporters, Ric Romero, ABC7 and Alan Mendelson, KCAL9/CBS2 regarding a simple procedure that can help investors, through no fault of their own, recover devastating losses.
Ferentz explains how often unsophisticated investors are preyed upon as an easy sale for brokers given all the word-wide publicity and hype on the future of tech stocks! But the real tragedy is millions of investors mistakenly filled their pensions, IRAÂs and personal portfolios with stocks usually recommended by greedy brokers and the companies they represented.
Wounded by this experience and accepting the fate that had befallen upon them, investors simply shrugged off these losses because they were often too embarrassed to admit their lack of investing inexperience or attributed it to bad luck. Some were even reluctant to contact their brokers because they felt the broker Âmeant well.Â Most suffered emotional distress because of the grave financial difficulties they encountered. Some lucky investors took action but most were unaware that in certain cases, they could have recovered their investment losses from flawed recommendations due to broker fraud, negligence, breach of contract or breach of fiduciary duty.
Ferentz has been helping investors recover their stock market losses for the past 25 years. In that time, he and his associates have recovered hundreds of millions of dollars in stock market losses for clients, without ever going to court and having clients incur the horrendous costs and uncertainty of appeal of courtroom litigation. ÂWe feel a responsibility to educate consumers about their options and rights to recover losses incurred by their brokerÂs mismanagement or inappropriate advice,Â says Ferentz. While his track record is unprecedented, he cautions investors to be aware of the ÂStatute of LimitationsÂ that may prevent the process of recovery from even going forward. ÂInvestors need to know that they have to act now while the clock is still ticking and that they may still be within the legal time frame,Â he said.
"PRIME L.A. will continue to broaden consumer awareness and bring to the public the latest information necessary to help people combat ignorance about the process of investment recovery," states Bruno.
About PRIME L.A.:
Established in 1988, PRIME L.A. designs and conducts innovative and integrated public relations campaigns for both large corporations and small businesses. The firm is equally known for its ability to produce intriguing commercials and infomercials. PRIME L.A. achieves success by utilizing a proactive approach in the execution of strategically planned public relations campaigns while incorporating flexible measures intended to champion over rapidly shifting market demands. More information can be obtained at http://www.primela.com
About Nationwide Securities Arbitration Services:
Nationwide Securities Arbitration Services; headquartered in Incline Village, Nevada is focused on assisting individuals pursuing cases related to stockbroker or investment brokerage firms involving fraud and/or wrongdoing. More information can be obtained at http://www.nsas.info