The Chicago-based investment and consumer fraud attorneys at Stoltmann Law Offices are time-tested lawyers who have a combined fifty years of experience arbitrating, mediating, and litigating disputes on behalf of victims of investment, securities, and consumer fraud. Investment loss can be devastating. For many, the funds lost due to fraud or incompetence of investment advisors or brokerage firms, can have tragic repercussions on retirement savings and lifestyle. You work your entire life to build a retirement nest egg you deem sufficient to maintain your lifestyle into retirement – You have finally made it. And then an unscrupulous financial advisor sells you unsuitable investments, commits fraud, or does something that loses your retirement nest egg. If you are the victim of financial negligence or fraud, rest assured, the attorneys at Stoltmann Law Offices, P.C. have the experience, the grit, and the determination to secure the settlement, arbitration award, or jury verdict you are entitled to in order to put you back on your financial feet. We offer representation to our clients nationwide and offer contingency fee engagements which mean we do not get paid until you do.
If you are the victim of investment or securities fraud or negligence, there are several types of damages you can pursue. Traditionally, compensatory damages in investment cases are referred to as “net out of pocket”. Simply put, if you lost $100,000 in a bad investment that was unsuitable for you or sold to you based on misrepresentations or omissions of material facts, you can bring a claim against the company that sold you that investment. In this example, if you invested $100,000, received $10,000 back in the form of distributions or interest, your “net loss” would be $90,000.