Indiana  |  Securities Law

Legal Question

Asked on: 3/05/12, 10:22 am

I was sold stock in a private company, Nevada based now - Delaware when purchased. I was told there would be no salaries by BOD and no delusion of stock. They did not follow solicitation laws,... formal request letters, guarantees, quoted yielding, no compliance package from investors, they sugarcoated details to investors…unrealistic yields, no risks, with no disclaimers on communications to investors. Never mentioned loosing everything / worst case scenarios / no-full disclosure...where should I start for legal proceedings...SEC or lawyer...other?

Thanks, DJF

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