InvestorsHub Logo
Followers 2565
Posts 300168
Boards Moderated 29
Alias Born 04/12/2001

Re: Chas56789 post# 157418

Tuesday, 01/26/2016 1:57:15 PM

Tuesday, January 26, 2016 1:57:15 PM

Post# of 159752
Since I'm not a "Mr" or a broker, I'm afraid I can't manage that.

The statute of limitations on fraud in most states, and on the federal level, is five years. In the case of individuals--as opposed to, say, federal regulatory agencies--who've been defrauded, the limit may be extended to the moment at which they because aware of the fraud. But that wouldn't apply here, because what happened has been known since 2005.

You may find this helpful:

http://jurist.org/paperchase/2013/02/supreme-court-rules-on-securities-fraud-statute-of-limitations.php

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.