Q: What is meant by "This offer to compromise shall not be admissable in any subsequent claim for liability."?
From a Securities firm who wrongly allowed TOD beneficiaries to be removed and the account went to probate
A: It means that, should you reject the settlement offer, you cannot use the offer as evidence that the defendant did anything wrong.
Bruce Alexander Minnick agrees with this answer
Mr. Thorgaard is correct.
However, your question compels me to ask whether or not you have consulted an experienced securities lawyer to review the settlement offer itself? If not you might be making a big mistake. An experienced security lawyer can get you more money if they are good.
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