Legal Question in Investment Law in California

Last May 1, 2008, I invested money with my "then" money manager who is part of a small family based investment company. I am located in Southern CA and he and his company is located in South Carolina (he relocated).

An "investment note" of 12 months was signed, entered upon May 1, 2008, and expired July 1, 2009.

I was asked to sign another note, this time for 24 months which I declined. I have asked for my investment back several times but they are not listening to me.

Do I have any legal recourse to get my money back.

On another note, but equally important, The investment note in question was a small part of all the money that they were investing for me at one time. They carlessly lost thousands upon thousands of dollars in the stock market. Yes, I am aware of the depression the country is experiencing. However, I believe that my accounts were passively watched over and not actively guarded. Having said that, this is the last of the remaining money I have with them and I want it "yesterday".

I hope there is some action I can take other than constantly emailing them to return my money.

Thank you.


Asked on 8/06/09, 8:06 pm

2 Answers from Attorneys
KAMAL GROVER

you can file recovery suit

Your further clarification is welcome at nominal consultation fee;

KAMAL GROVER,

Advocate (Chandigarh, India)

M: 09814110005

e-mail: [email protected]

Note: We are group of advocates, experts in different fields of law in Supreme Court, All High Courts and few district courts of India and your case will be handled by our experts in your locality in India. Rest you may get only guidance and can engage any local lawyer plz..

Regards and good luck

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Answered on 8/06/09, 10:13 pm
Terry A. Nelson Nelson & Lawless

Sure, you can sue if you can't resolve it informally. If the agreement was entered into in CA, then you could sue in CA courts. If serious about doing so, feel free to contact me.

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Answered on 8/09/09, 4:29 pm


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