I invested 11,000. with a comp. that was supposed to go public traded but never has its been 2 yrs from when that was to happen, can I demand that my cash be returned?
3 Answers from Attorneys
Depends upon the basis of your investment.
Get local counsel.
Yes, I suggest an attorney demand letter followed by a complaint for damages.
You can demand your money back; however were there any restrictions placed on the investment? Are the promoters still around? Is their telephone number disconnected? File a complaint with the Secretary of State Securities Division.
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