Professional Securities Litigation Attorney to Help Victims of Securities Fraud
The ranks of the elderly continue to grow. Currently, there are more than 50 million people who are 62 years old or older. Recognizing that many of the elderly have built a “nest egg” over the years, numerous scam artists and fraudsters tend to target them. From their perspective, senior citizens serve as excellent targets. All too frequently, elderly investors suffer from “diminished capacity,” a cognitive impairment that reduces one’s ability to make sound financial decisions. Dishonest financial advisors who take advantage of trusting, naïve elderly investors must be viewed in an especially harsh light. While the consequences of stock broker fraud are often serious, the ramifications of financial fraud upon the elderly can be truly devastating. Generally speaking, elderly investors who lose their life savings have no way to “make it back.” If you are close to an elderly investor who is a victim of securities fraud, consider the ...