Is it blackmail??
I am considering an action against a stock broker -- it would necessarily be a mediation. He did some really bad things to my portfolio, but his wife is/was one of my best friends. The attorneys I have consulted with feel I have a case, although have indicated just how dreadful NASDAQ mediations can be. Am I legally O.K. in sending him a letter proposing that he make an investment in a small business I am considering as an alternative to being called into a mediation. I am concerned that telling him that I probably will take legal action if he does not otherwise make amends for his negligence might be considered blackmail. Thank you for a prompt reply.
1 Answer from Attorneys
Re: Is it blackmail??
I'm sorry but this is a truly idiotic idea.
You're mixing apples and oranges. If you want to use your business investment as a settlement option, then do so, but what you're proposing is really more like blackmail and it's not going to work.
You have counsel: follow your counsel's advice.
Related Questions & Answers
Being sued by ex-fiance(he wants my ring back) We mutually agreed to end the... Asked 8/27/03, 7:38 pm in United States Colorado Mediation