Medical Capital Class Action Lawsuit or Individual Arbitration Claim
In the wake of fraud charges filed over Medical Capital Notes by the Securities Exchange Commission, many investors are exploring their legal options to recover their investment loss. The securities fraud lawyers at Saiontz & Kirk, P.A. are investigating individual arbitration claims against brokerages who sold the Medical Capital investments.
>>INFORMATION: Medical Capital Notes Lawsuit and Arbitration Claims
While Medical Capital class action lawsuits have been filed, seeking to represent all investors who purchased the notes from several brokerage firms since September 18, 2006, individual investors who lost more than $50,000 will likely be in a better position to recover their losses through an individual arbitration claim with the Financial Industry Regulatory Authority (FINRA).
A class action lawsuit was filed earlier this month against a number of brokerage firms who sold Medical Capital Notes. The lawsuit was filed in the U.S. District Court for the Central District of California on behalf of all individuals who were sold Medical Capital notes by National Securities Corp., Cullum & Burks Securities, Inc., Securities America, Inc., Ameriprise Financial, Inc., and CapWest Securities, Inc. However, the Medical Capital lawsuit will not consider the individual circumstances of each investment, could take years longer than an arbitration claim and generally class actions result in smaller recoveries for individual investors.
For many investors, a Medical Capital Notes arbitration claim through a FINRA panel will be a better option. This could potentially allow an investor to recover more, if not all, of their losses, and the process can sometimes resolve in less than a year.
MEDICAL CAPITAL NOTES LAWYERS
For investors who have suffered losses in excess of $50,000, the lawyers at Saiontz & Kirk, P.A. are offering free consultations and claim evaluations to help review whether they may be in a better position to recover their losses through an individual claim, as opposed to the Medical Capital class action. If you, a friend or family member have experienced losses as a result of an investment in Medical Capital Notes, request a free consultation and claim evaluation.
