As an investor, it’s critical that you understand your portfolio and be ready to respond to situations that may put your hard earned assets at risk. So-called high yield junk bonds are one area that should raise red flags. Our skilled Securities Fraud Attorneys in Tampa can carefully review your investments and counsel you on steps you can take to protect yourself.
Use of High Yield Junk Bonds
Junk bonds are generally those types of investments that pay a higher yield to investors in the short term but come with a major risk of default. Pension administrators and private investment institutions are generally prohibited from investing client assets into anything but investment grade bonds. Unfortunately, abuse happens as in the case of some of the major banking institutions which folded in the last few years making worldwide headlines. The sub prime mortgage crisis was largely caused in over-investment in high yield real estate investments where underwriting guidelines weren’t met.
Protecting Your Personal Assets
A skilled investment and securities fraud lawyer can work with you to review your portfolio and help spot potential issues. You rely on your broker and other experts to protect your assets, but it’s also important to have an advocate who works for you. Our attorneys can provide you with invaluable analysis and legal advice about what to do if you have certain red flag investments in your portfolio. Knowing what to look for before issues arise can save you time, money and aggravation down the road. Our attorneys can explain your options for recovering investments and aggressively pursue your claim in state or federal court if the need arises.
Contact Securities Fraud Attorneys in Tampa
Contacting our skilled securities fraud attorneys in Tampa who can zealously defend your case is an important first step. The sooner you make the call, the more options you may have for addressing your issues. To make an appointment for an initial consultation with the law offices of Robert Savage, call 813-200-0013.