Washington’s Investor Protection Laws
Washington has strong laws (known as securities laws) to protect investors. In Washington, a person who sells you investments by “misrepresentations or omissions of fact,” or through a “device, scheme or artifice to defraud” is required to return your investment money, plus interest at 8% per year. Washington’s securities laws also give investors rights against people who worked behind the scenes in selling the investment, including lawyers, accountants, and others. The Banks Law Office has successfully used those laws to recover millions of dollars in lost investment money for Washington investment fraud victims.
FINRA Arbitration
The Financial Industry Regulatory Authority (FINRA) has an arbitration procedure for people who seek to recover their investment losses. The law requires that most investment recovery cases against stockbrokers and advisors that occurred in Washington be filed in a FINRA arbitration, to be heard in Seattle. We are experts in FINRA arbitration. Not only do we represent investors in FINRA arbitrations, but Mr. Banks has been a FINRA arbitrator himself since 1991, and is a Washington FINRA arbitrator.
State and Federal Courts
Each of Washington’s counties has a courthouse where investors can bring claims to recover their losses. In addition, there are federal courthouses in Seattle, Tacoma, Vancouver and Spokane where investors can bring claims to recover their investment losses. Through lawyers we associate with in Washington, the Banks Law Office has used its investment recovery experience to help investors in Washington recover their investment losses.
Washington Investment Fraud Victims
If you are concerned about an investment you made, call us at 503-222-7475, or fill out our Free Evaluation form today. There is no charge for contacting us, and your peace of mind and investment recovery to gain.