The U.S. Securities and Exchange Commission recently accused an investment group and its manager for fraudulently raising tens of millions of dollars from investors. The manager is facing multiple securities fraud charges, including violating federal securities laws. Finding the right representation in Puerto Rico may be a priority for investors as these actions allegedly took place outside of New York, primarily in Puerto Rico and another state.
Laws differ from state to state, and how a claim is handled in New York might be quite different than how it might be treated elsewhere. This is why securing the guidance of someone who understands the laws applicable to a specific state or US Territory where the claim will be litigated is essential. When confrounted with securities litigation claims, finding the right representation in Puerto Rico is especially important.
Investing is a great way to secure not only a steady source of income, but also a sturdy financial future. Most investors in New York and elsewhere are proud of the lives they have built for themselves through investing. Unfortunately, through no fault of your own, you might have found yourself in a less than ideal position. If you were the victim of illegal activity by an investment firm with regard to Puerto Rico, you need to find the right representation in Puerto Rico.