Alabama investors suffering investment losses may have claims against their securities broker-dealers under various state and federal laws.
The Alabama Uniform Securities Act is a state law designed to protect investors in Alabama.
Some of the key protections under the ASA include:
Registration requirement: Securities offered or sold in Alabama must be registered they qualify for an exemption.
Antifraud provisions, which prohibits fraud and misrepresentation in the sale of securities.
Investor education: The Act provides investor education materials to help Alabamians understand their rights and responsibilities as investors.
Right to sue securities broker-dealer for violations.
In addition to the Alabama Uniform Securities Act, a number federal securities laws also protect investors including:
Contact our law firm to discuss your rights and options for recovering losses under state and federal securities law.