We are either representing clients against the following financial advisors and/or brokerage firms or are investigating claims against the following individuals and/or firms. For our client's arbitration claims or lawsuits, we are seeking the client's losses, attorney fees, interest and costs. For more information on these cases or the status of our investigation, please contact Stoltmann Law Offices at 312.332.4200 or at 877.332.4244.
American Home Mortgage, New Century Financial Corp., Novastar and other similar companies
We currently are representing clients who have suffered investment losses due to the subprime meltdown. Specifically, we are filing claims related to losses in preferred stocks of sub-prime issuers like American Home Mortgage, New Century Financial Corp., Novastar and other similar companies.
These investments were pitched by brokers and advisors at Merrill Lynch, Wachovia, Smith Barney, AG Edwards, Edward Jones, and Morgan Stanley as safe and secure investments that couldn't (or wouldn't) lose money. Unfortunately, these representations proved to be false and clients suffered complete losses.
For example, one 94 year old client of Stoltmann Law Offices was pitched an investment in American Home Mortgage at Merrill Lynch as an "ultra safe" and secure investment. This client, in a preferred stock, suffered a complete loss of hr principal.
If you sustained investment losses in subprime related issues like American Home Mortgage, New Century Financial Corp., Novastar or other similar companies, you may be able to recover some, or all, of your investment losses. For more information, please contact Stoltmann Law Offices at (312) 332-4200 or Andrew@StoltLaw.com.
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