Meyer Wilson

Recovering Losses Caused By Investment Misconduct

How Long Do I Have to Pursue a Claim?

It's been a year or more since my accounts lost money. Can I still have my case reviewed?

At Meyer Wilson we often get asked, "If it has been a year or more since my accounts lost money, can I still have my case reviewed?"

More than likely, your stockbroker misconduct claim will be handled through FINRA arbitration. This is because when you signed paperwork with your stockbroker and opened your brokerage account, there was likely a provision in the paperwork saying you agree to bring disputes before FINRA arbitration, waiving your right to go to court.

For the most part, FINRA arbitration is an efficient, cost-effective way for investors to resolve disputes with their brokers. But like any dispute resolution method, there are time constraints for bringing a claim. In many cases, potential clients don't come to us until years later. This is because it often takes a significant amount of time to see the effects of fraud.

The rules of FINRA arbitration allow claims to be filed within 6 years from the date of the transaction / occurrence.

So, we have the potential to pursue claims going back 6 years, but it is often more complicated than that. There are other legal and procedural factors to consider that may limit or extend the timeframe to pursue a claim.

When Choosing an Attorney, Results Matter

  • $30M
    $30,000,000 Recovered in Confidential Settlement for 100-Year-Old-Widow
  • $10M
    Retirees Recover in Excess of $10,000,000 of Retirement Losses
  • $6.5M
    $6,500,000 Recovered for a Large Group of Individual Investors
  • $5M
    $5,000,000 Recovered for Group of Midwest Clients
  • $3.8M
    Meyer Wilson Recovers More than $3,800,000 for Elderly Victim in Ponzi Scheme Case
  • $3.2M
    $3,200,000 of Losses Recovered by Meyer Wilson for More Than 50 Families of Ponzi Scheme in California

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