Our primary goal is to represent investors who have lost their savings and retirement when their brokerage accounts were mishandled.Skilled Pension Attorneys for Mishandled Accounts
Pension fund malfeasance can be thought of in two main categories: a malfeasance against the employee beneficiaries of the pension, or a malfeasance against the pension fund itself. The employee type is typically issues about a beneficiary being falsely told what the terms and benefits the pension will provide to that employee will be, or an unauthorized third party gaining access to the pension benefits through some form of identity theft.
The pension fund itself can also be defrauded. The trustee of the pension has to make investment decisions about how the pension will maintain and invest the pension’s assets. Pensions can simply keep assets in cash to pay out future beneficiaries. More commonly, pensions invest the assets in an attempt to meet future obligations with less contributions being required from the employer and/or employees. When making those investment decisions, the trustee can be lied to, misled, or otherwise given poor investment advice about the types of investments that should be selected for the pension funds. In extreme cases, advisors have even stolen pension assets by convincing the trustee to invest in what turn out to be fictitious investments. Experienced pension attorneys can work with clients when their savings is jeopardized.Free Consultation
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