New York | Securities Law
Legal Question
i bought $50,000 in shares in a friends corporation ( incorporated in New York) about 10 years ago thru my self directed IRA.
I never heard another any more from this person (never got any reports or notices) and I heard that he moved from Mount Kisco New York to Oregon. Do I have any rights and if so what are they????
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Legal Answer
It depends on what type of shares you bought, the terms of the purchase agreement under which you purchased them (this is often called a "subscription agreement"). You should first determine if the company is still in existence and its current status is. This can be done in a number of ways. If you've questions you may contact me at my office (518.697.7944).
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Law Office of John K. Friedman 82 Worth Avenue Hudson, NY 12534
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