Securities Arbitration Lawyers BlogWhat is the Statute of Limitations on Securities Fraud?
How much time do you have to take legal action against a fraudulent broker? It depends…
If you’ve only recently realized that you were defrauded by your broker or financial advisor, or have been waiting until obtaining the proper evidence to take legal action against them, it’s essential to know the statute of limitations on security fraud. The amount of time you have to make a case against the investment professional who has defrauded is two to five years under federal law, but there are some circumstances that determine when your clock actually starts ticking.