Auction Rate Securities Lawyers
How can Williams Kherkher help investors who have money tied up in ARS?
We believe that the auction rate market will eventually cease to exist, leaving current ARS investors with no defined, reliable method of redeeming their securities. It is unrealistic to assume that issuers will redeem outstanding securities, or that the brokerage firms will voluntarily buy investors out at par value. The best way to recover your money is by enlisting the services of an attorney to represent you in arbitration against the brokerage firm.
Williams Kherkher will file arbitration claims on behalf of ARS investors whose funds have become illiquid, as well as investors who were forced to sell their securities at a discount on a secondary market. In the case of an investor whose funds are illiquid, Williams Kherkher would seek to have the brokerage firm rescind the transaction and pay the investor the full value of his original investment, plus special damages and attorney’s fees. For investors who have realized losses following the sale of their ARS on a secondary market, Williams Kherkher would sue to recover damages in the amount of the losses.