A few years ago, a dispute between a group of investors and California-based National Financial Lending, LLC resulted in a lot of angry words online and a lot of confused investors.
Although we won’t go into all of the confusing specifics of the alleged National Financial Lending fraud here, we bring it up because it’s a great example of how confusing it can be for investors to determine the truth about investment fraud.
In the case of National Financial Lending, LLC, the accusations somehow ballooned into a full-tilt smear campaign, which involved multiple websites from both sides, allegations ranging from Ponzi scheme to misrepresentation, conflicting information, and letters sent directly to investors. Unfortunately, investors were caught in the middle, and this left many investors confused and wondering where to turn for reliable information.
Unfortunately, it’s not always clear what you should believe when it comes to allegations of investment fraud or stockbroker misconduct, who might be responsible for your investment losses, or what steps to take next. While stockbroker fraud and misconduct are very real problems, not every allegation of fraud you see in the news is necessarily legitimate.
If you have found yourself in a similar situation and have concerns about investment fraud, please don’t hesitate to reach out to an experienced investment fraud lawyer with Meyer Wilson today. We would be happy to review your case in a completely free and confidential consultation and provide further guidance. Give us a call today or simply fill out the confidential online contact form on this page to learn more.