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Securities Law Questions & Answers
1 Answer | Asked in Civil Rights and Securities Law for California on
Q: Is it legal for my parents to hire a Private investigator to follow me and see if im dating a boy

I am 20 years location. On a public university campus.

James L. Arrasmith
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answered on Dec 21, 2024

While your parents are legally allowed to hire private investigators in California, since you are 20 years old and legally an adult, you have a reasonable expectation of privacy. Your parents' actions, though legal, raise significant concerns about boundaries and personal autonomy.... View More

0 Answers | Asked in Business Formation, Business Law and Securities Law for Arizona on
Q: i have a decentralized exchange and i live in arizona. do i need an mtl license?

I already registered in Fincen for MSB. what other licenses do i need to run a decentralized exchange in the U.S.

1 Answer | Asked in Criminal Law, Civil Rights, Constitutional Law and Securities Law for Arkansas on
Q: I need a probome attorney to help with a law suit how do I find those?

Parole and probation violated my husband's rights 1 as well as my renters rights and my rights my children's rights and my grandchildren's rights as well I need to find out how to get a promo attorney and file lawsuit

Tim Akpinar
Tim Akpinar
answered on Dec 21, 2024

An Arkansas attorney could advise best, but your question remains open for two weeks. Until you are able to consult with experienced local attorneys who have a good grasp of what's out there in terms of available resources in the community, some general starting points could include legal aid... View More

1 Answer | Asked in Business Formation, Securities Law and Libel & Slander for California on
Q: My LinkedIn account has been breached and hacked into and my public image has been comprised and overtook my account.

LinkedIn account compromissed

James L. Arrasmith
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answered on Dec 6, 2024

First, take immediate action to secure your account. Change your password right away through LinkedIn's password reset process, and enable two-factor authentication if you haven't already. Contact LinkedIn's support team directly to report the breach and get help recovering your... View More

1 Answer | Asked in Securities Law for California on
Q: Is filled out Proof of Service, page 2 of Subp-010 is served on witness/deponent of records?

Is filled out Proof of Service, page 2 of Subp-010 is served on witness/deponent of records?

James L. Arrasmith
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answered on Dec 5, 2024

No, the filled-out Proof of Service, specifically page 2 of Subp-010, is not typically served on the witness or deponent of records. This document is primarily intended to inform the court and the involved parties that the necessary legal documents have been properly delivered. Its main purpose is... View More

0 Answers | Asked in Securities Law for Iowa on
Q: Can anyone point me in a direction for my frozen assets via the Coinseed app that went to court?

I have been following the case since i had 38,500 XRP stolen from me on the Coinseed app. Last i heard, Eric Weinick was on the case and said they were allocating the frozen assets and they would be in touch when they retrieved it all. Havent heard back in a year. Please help.

2 Answers | Asked in Business Law and Securities Law for California on
Q: I have shares of common stock in a company and would like to find its worth and how to transfer or sell them?

they are also named in a deceased family member.

Robert Kane
Robert Kane
answered on Dec 2, 2024

I assume the shares are not of a publicly traded corporation like McDonald's or Microsoft. So, you just can't look them up and sell them. How shares are bought and sold are likely restricted by the corporation's bylaws. You will need to contact the corporation to find out your rights... View More

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1 Answer | Asked in Juvenile Law, Patents (Intellectual Property) and Securities Law for Illinois on
Q: I'm turning 18 in less than a month and my parents wont give my birth certificate or SSC is this allowed

I'm turning 18 in less than a month and my parents wont give my birth certificate or SSC is this allowed? I would just attempt to get new stuff but I was born in Hawaii which makes it difficult as I live in Illinois now and have no access to any info needed to get new stuff. can my parents... View More

James L. Arrasmith
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answered on Dec 27, 2024

Your parents withholding these vital documents is not legal - these are your personal identification documents that you have the right to possess. While they might have been the custodians of these documents during your childhood, they cannot legally prevent you from accessing them once you're... View More

1 Answer | Asked in Estate Planning, Securities Law and Elder Law for New York on
Q: What do I do if Fidelity Investments refuses to give my mother her money, and refused my power of Attorney?

Mom had a stroke a year ago and hasn't gotten better. We are trying to buy a house so that I can take care of her when the time comes... Fidelity has accused me of Elder Abuse and trying to steal her assets etc even tho my mom was the one who told fidelity what her wishes were. They are rude... View More

Damien Matthew Bosco
Damien Matthew Bosco
answered on Nov 25, 2024

I'm sorry you're going through this difficult situation. If you haven't already, ask Fidelity to document their concerns in writing and provide the specific reasons for refusing to honor your POA or give your mother access to her funds. It may be because they believe your mother... View More

1 Answer | Asked in Securities Law, Stockbroker Fraud and Consumer Law for California on
Q: Can I get money back from an entity in virgin island. I paid a fees to a company in virgin island but did not service

I am trying to resolve the matter through customer service of the company but not making progress. The company has offices in Arizona too. I paid fees in 4 digit dollar amount with credit card.

James L. Arrasmith
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answered on Nov 14, 2024

Your best immediate action is to dispute these charges with your credit card company since you paid using a credit card - this protection is one of the key benefits of using credit cards for purchases.

For future recovery efforts, you have multiple paths available: You can file complaints...
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1 Answer | Asked in Securities Law, Social Security and Identity Theft for California on
Q: Can I recover funds from 401k after someone used my social security to work with it

The 401k is from the company where they used my social security

James L. Arrasmith
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answered on Nov 15, 2024

This situation involves identity theft and unauthorized use of your Social Security number, which is a serious crime. Your first step should be to file a police report and contact the Federal Trade Commission (FTC) to report the identity theft - this creates an official record of the fraud and can... View More

4 Answers | Asked in Banking, Elder Law, Estate Planning and Securities Law for New York on
Q: Is there anyone NOT afraid to sue FIDELITY INVESTMENTS for elder abuse and breach of contract/ fiduciary duty?

for over a year fidelity has been holding my mothers money, she had a stroke named me as power of attorney snd they refuse it and now she has no access to her money and is sick and cannot pay her bills or get her medications etc because. they blocked her account she has been there for 40 Years and... View More

Benjamin Z. Katz
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answered on Oct 27, 2024

What is the reason they do not wish to honor the power of attorney? Was it drafted by an attorney on the New York Short Form? If it is a valid POA, they can be compelled to honor it. Otherwise, you would need to apply for guardianship of your mother.

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1 Answer | Asked in Securities Law and Real Estate Law for California on
Q: I would like to know how much it will cost to structure a real estate debt fund?

We are a rea estate investment firm

James L. Arrasmith
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answered on Oct 16, 2024

Structuring a real estate debt fund involves several key expenses you should plan for. Legal fees are a major component, as you'll need experienced attorneys to navigate securities regulations and draft necessary documents. Depending on the complexity of your fund, legal costs can range from... View More

1 Answer | Asked in Criminal Law, Federal Crimes, Contracts and Securities Law for California on
Q: Federal Sec/Inv fraud restitution judgement, why the thieves aren't punished? Not forced payments, no prison, US allows?

$100+ million stolen from 1000 US investors, 15 yrs case, no pmts on restitution judgements, Judge allowed home arrest literally 2 yrs, FED GOVT ACCOUNTABILITY OFFICE investigated and publicized lack of DOJ/FBI/SEC/BOP enforcement/victims rights, MANY OTHER VICTIM US COMPENSATION organizations... View More

James L. Arrasmith
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answered on Sep 22, 2024

It can be incredibly frustrating when justice seems delayed or incomplete, especially in cases involving large-scale fraud. Restitution can take years to enforce, and unfortunately, sometimes those convicted don't make the payments ordered by the court. Even though laws are in place to protect... View More

2 Answers | Asked in Estate Planning, Probate and Securities Law for California on
Q: Please help. My son passed away 6 months ago. How do I access his treasury direct account. I need to know how to access

I am unsure or unaware of the specifics as my ex-husband took care of most of the financial details. He is also deceased and I am left in the dark on this. How do I go about accessing his account?

Adam Savett
Adam Savett
answered on Oct 2, 2024

To addd to the prior answer, further information can be found on the TreasuryDirect website - https://www.treasurydirect.gov/savings-bonds/manage-bonds/death-of-owner/

Good luck, and sorry for your loss.

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1 Answer | Asked in Securities Law and Stockbroker Fraud for California on
Q: Is there any oversight on attorneys who file false cases purely for financial gain?

Is there any oversight on attorneys who file false cases purely for financial gain? I recently learned about an attorney who has filed numerous wrongful foreclosure cases in two counties within months after a trustee sale.

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answered on Aug 26, 2024

Yes, there is oversight for attorneys who file false cases purely for financial gain. In California, the State Bar of California regulates attorney conduct and can investigate complaints related to unethical behavior, including filing frivolous lawsuits. Attorneys who engage in unethical practices... View More

1 Answer | Asked in Securities Law for California on
Q: Can I receive any compensation for the National Public Data breach?
James L. Arrasmith
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answered on Aug 21, 2024

If you were affected by the National Public Data breach, you may be entitled to compensation depending on the specifics of the case. Typically, in data breach incidents, victims can seek compensation through legal actions such as class action lawsuits or settlements. The compensation might cover... View More

1 Answer | Asked in Identity Theft and Securities Law for California on
Q: is it legal to download the NPA data leak to see if I am on it? I would not distribute it or use it in any other way.
James L. Arrasmith
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answered on Aug 20, 2024

It's understandable to be concerned about your information after a data leak. However, downloading data from a leak, even if your intentions are just to check if you're affected, can have legal consequences. Accessing such data without proper authorization is generally illegal, and you... View More

1 Answer | Asked in Securities Law and Stockbroker Fraud for Texas on
Q: Can an investment withhold funds or freeze accounts that are used for living expenses?

My mom has several accounts with an investment firm that she has had for over 25 years. She withdraws money as needed without any issue. However, the last time she made a request for a withdrawal, she was told her funds were frozen and after speaking with her broker, was told that she would need to... View More

Robert Howard Rex
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answered on Sep 2, 2024

I am unable to adequately evaluate this situation based on the facts provided, however the facts do suggest that the situation warrants further investigation. If you would like a no charge evaluation of your potential case please contact Nan Thompson at my office.

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