Protecting Seniors and Vulnerable/Disabled Persons
Investors of any age may be victimized by unscrupulous brokers or other fiduciaries. But when the victim is elderly, the harm is especially devastating. Older investors typically are not employed and have no means to recreate wealth that has been squandered – wealth that took years of hard work to build, and which was intended to last a lifetime. At ARIES LEGAL, we are particularly sensitive to the unique needs of older investors.
In some circumstances, a close relative or a trusted friend could be exploiting the elderly person. Regardless of whether the fraud is perpetrated by a friend, relative, or financial professional, we are dedicated to doing everything in our power to return seniors to the same financial place they were in before the fraudulent conduct.
Most states have tough laws protecting the elderly as well as vulnerable/disabled persons from financial fraud. These laws typically impose special sanctions against those who committed the fraud, and allow the victims to recover their attorney fees in addition to their financial losses. New federal and state laws have recently been enacted that establish a new standard of care for investment firms that suspect foul play with respect to elderly investors.
At ARIES LEGAL, we keep abreast of the latest legal developments and are prepared to enforce your legal rights aggressively. If you or someone you care about has been the victim of elder financial abuse, or financial abuse directed at a vulnerable/disabled person, please fill out the form below to schedule a free consultation.