I lost $180k to XX, and the SEC Receiver has made it a very slow progress so far.
I'm retired and the money I lost was almost all my life savings. I've already been to see one attorney and she told me there is nothing I can do except wait for another 2-3 years until I get a small fraction of my money back. Is this true? Can you offer me any assistance?
-Life Savings Leo
Dear Life Savings,
It depends. We would need to investigate whether there are any other third parties that could be liable for your losses. It is possible that the Receiver is not pursuing them at this point. Such third parties could include attorneys, accountants, brokers or banks. So, while there is no clear-cut yes or no answer to this question, we can look into your case deeper and uncover any potential next steps to move your claim forward.
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