Legal Question in Investment Law in Illinois

A very large financial institution handling my retirement accounts has changed the payout of a previously stated 'guaranteed' rate for an IRA. This commitment was stated to me by multiple agents of the fin. inst. on multiple occasions on recorded lines. I made my own financial plans and commitments based upon those assurances and now I stand to lose between $20000 and $40000 because of their actions. Do I have a case?

Asked on 5/24/13, 12:49 pm

1 Answer from Attorneys

Jeffrey Shancer Law Offices of Jeffrey M. Shancer

You may, but more information would be needed to properly assess this. Please feel free to call attorney David Neuman in my office at 312/332-4200 to discuss it. Thank you.

Jeffrey M. Shancer

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Answered on 5/24/13, 2:45 pm

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