Legal Question in Investment Law in Texas

Investment Loss

Six figure loss (100% of investment) by a ''hedge fund'' manager in ~3 months. Represented to me as potential 10% monthly income.

After the loss was given guarantees that initial invest. would be returned.

The trader (out of state & not a lic. broker) has since been bought out by a large, nationally-known company and has a large web-based trading site. E-mails are beginning to go unanswered.

I have saved all previous corres. (mostly e-mails).

Any recourse? Is there a statute of limitations?

Thanks in advance.


Asked on 5/23/07, 9:38 am

2 Answers from Attorneys
Mark Tepper Mark A. Tepper P.A.

Re: Investment Loss

Yes, there is a statute of limitations. We would be happy to discuss your problem with you. Feel free to email us directly. We will be at our office today until 4 pm EST and 8 - 6 pm next week after the Memorial Day weekend. There is no charge for an initial consultation.

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Answered on 5/25/07, 1:43 pm
Regina Mullen Legal Data Services, PLC

Re: Investment Loss

Yes, there is a statute of limitations, yes you have recourse. Contact a law firm in your area with experience in investment fraud to see whether you can build a case. You might end up in arbitration.

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Answered on 5/23/07, 12:30 pm


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