Attorney for Individual Medical Capital Notes Lawsuits
If you invested in Medical Capital Holding notes, you may have a lawsuit. This Ponzi scheme affected more than 20,000 investors who purchased Medical Capital notes.
Contact The Law Firm of David R. Chase, P.A., if you are interested in filing an individual FINRA arbitration lawsuit. Call us in Fort Lauderdale, Florida, at 866-457-2847 for a free initial consultation.
On July 16, 2009, the Securities and Exchange Commission (SEC) filed a complaint alleging several defendants defrauded investors by misappropriating approximately $18.5 million of investor funds and violated federal securities laws by selling the unregistered notes under false and misleading prospectuses.
Individual Claims Vs. Medical Capital Class Actions
Although class action lawsuits have been filed against certain brokers that sold Medical Capital notes, investors who have suffered substantial losses may want to consider pursuing their own individual arbitration claims through the Financial Industry Regulatory Authority (FINRA) as a potentially superior alternative to joining a class action. Unlike a class action, a FINRA arbitration claim allows you to:
- Choose your own counsel (only the lead plaintiff has this right in a class action)
- Have your unique facts presented to an arbitration panel
- Control the decision whether to settle your case and for how much
- Generally secure a result within approximately twelve months, as opposed to potentially years with a class action
Investment fraud is not something to be taken lightly. Don't get lost in a large group claim or class action with a law firm that handles volumes of cases. For individual attention from a dedicated securities lawyer, contact The Law Firm of David R. Chase, P.A., at 866-457-2847.