Make sure you talk with a securities arbitration law firm. The Wall Street fraud Watchdog can suggest firms to call. FINRA is allowing for conseuqential damages.
Washington, DC (PRWEB) January 14, 2009
Americas Watchdog & its Wall Street Fraud Watchdog have been fighting for auction rate securities victims for eleven months. While there have been settlements involving some of the biggest sellers of auction rate securities, many sellers have yet to settle, or to make things right for the over 145,000 victims. Even worse, many to most of the announced settlements do not include consequential damages.
What are consequential damages? In the case of auction rate securities, consequential damages could include business losses, hefty legal bills, income tax penalty's, real estate earnest money losses, etc. According to the Wall Street Fraud Watchdog, "we think auction rate securities victims should not only get their money back, but they should also get their expenses, and or costs associated with being cheated on a financial product, that was anything but safe, liquid or just like cash." Any auction rate securities victim that has yet to receive a settlement, or any victim, who has incurred additional costs and expenses, as a result of the frozen auction rate securities disaster can call the Wall Street Fraud Watchdog at 866-714-6466, or contact them via their web site at Http://WallStreetFraudWatchdog.Com
Auction Rate Securities Update:
- Wells Fargo is in talks with Washington State regulators about their role in selling auction rate securities
- Oppenheimer is in talks with Massachusetts State regulators about their role in selling auction rate securities
- Raymond James & E-Trade are the subject of numerous class action lawsuits over auction rate securities
- There are scores of smaller banks or brokerage firms that sold auction rate securities to unsuspecting victims. "There are thousands of victims in the small bank or small stock brokerage firm category, that will be left sitting on the curb, unless they decide to fight to get their auction rate securities money back."
Important Note: If you are a auction rate securities victim, you might want to obtain legal advice before you agree to a release, or waiver of your rights, before you accept a settlement. "Make sure you talk with a securities arbitration law firm. The Wall Street fraud Watchdog can suggest firms to call. FINRA is allowing for conseuqential damages." Thousands of auction rate securities victims may have suffered substantial consequential damages. Any auction rate securities victim who suffered any sort of damages related to the purchase of frozen auction rate securities should call the Wall Street Fraud Watchdog anytime at 866-714-6466 or contact them via their be site at Http://WallStreetFraudWatchdog.Com
According to the Wall Street Fraud Watchdog, "not one auction rate securities victim did not go through hell over this disaster. We continue to believe that the auction rate securities debacle is the worst case of fraud in US history, and we want to help people who had expenses ,or costs get their money back." Auction rate securities victims can call the Wall Street Fraud Watchdog anytime at 866-714-6466 or contact them via their web site at Http://WallStreetFraudWatchdog.Com
The Wall Street Fraud Watchdog is all about investor protection and Wall Street integrity.