Many retirement savings plans are little more than tools to sell investments to unsuspecting clients. Often these investments have more to do with the profits of the investment firm than the retirement goals of the investors.
At The Willeford Law Firm in New Orleans, Louisiana, our lawyers devote substantial time, energy and resources to helping clients recover investment losses from fraudulent retirement plans. If you have lost money in a questionable retirement plan, our lawyers offer a free consultation to review your case and discuss your options.
Are You a Victim of Retirement Plan Fraud?
Retirement plan fraud can cover many different kinds of activities from misrepresenting an investment to steering you to unsuitable investments based on your retirement objectives. Examples of retirement plan fraud include:
- Fraudulent marketing practices
- Charging you hidden fees
- Misleading you about the effect of withdrawals on the principal
- Failing to warn you about tax penalties for withdrawals or closing the plan
- Investing your savings in unsuitable investments
- Theft of your funds
- Operating a Ponzi scheme
Often retirement savings plans are sold to clients who are nearing retirement age. It's not unusual for these plans to include volatile investments that are unsuitable for clients who need to take distributions from the plan to meet living expenses.
Our attorneys conduct preliminary review of your retirement plan investment to determine if you may have a case of fraud against the investment firm. There is no fee for this preliminary review. We accept select investor claims on a contingency fee basis.
Retirement Investment Attorneys Serving Lafayette and New Orleans
Please contact our New Orleans retirement plan fraud attorneys today for a free consultation. We are available to discuss your complex situation at 504-322-1488 or toll free at 877-281-4789. Hablamos español. We also provide interpreters for other languages, as needed.
