Auction Rate Securities Fraud Attorney

Reasons to File an Individual Claim Instead of a Class Action Lawsuit

If you feel that you have been misled into the auction rate securities (ARS) market and have lost liquidity in your investments, filing a lawsuit may be your next course of action. Once you have decided whether or not you would like to take legal action against the investment firms that misled you, you need to consider whether you are interested in filing an individual arbitration claim or would like to take part in a class action lawsuit.

Why Arbitration?

The lawyers of Williams Kherkher can provide you the legal assistance you need as you pursue an individual arbitration claim. Williams Kherkher focuses their attention on these types of cases for several reasons:

• Class action lawsuits are incredibly difficult to build on fraud or misrepresentation claims.
• Class action lawsuits can take a great deal of time.
• Individuals will often be able to recover much more if they file an individual arbitration claim.

Class Action vs. Individual Arbitration

Class action lawsuits also require that each participant have a similar loss situation. Due to the variety of unique facts and situations associated with auction rate securities cases, it simply does not make sense to participate in a class action lawsuit. While you may believe that there is strength in numbers, the ARS lawyers of Williams Kherkher often find that individual arbitration cases fare much better for the individual client.

You should also be aware that class action lawsuits may take much longer to settle than individual arbitration cases. Williams Kherkher estimates that arbitration claims can be resolved within 6 to 9 months of the date of filing. Class action lawsuits may take years to be resolved.

Contact Us

Taking legal action can seem intimidating and stressful, but the lawyers of Williams Kherkher are prepared to help you through each step of the process to ensure that your rights are properly protected. Contact a Williams Kherkher auction rate securities fraud attorney at 1-800- 259-9010 for more information about your legal options.