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Colorado Stockbroker Fraud Questions & Answers
2 Answers | Asked in Stockbroker Fraud for Colorado on
Q: My wife and I invested our life savings with a financial planner. At high point our portfolio was near 440,000.

Today our portfolio is valued at 75,000. We are retired and this has greatly impacted our retirement. I can’t believe a planner would loose this staggering amount for a couple in retirement. I know there were risks but that is why we trusted a planner. Our record keeping has not... View More

Michael Joseph Larranaga
Michael Joseph Larranaga pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 3, 2024

Stock trading is a risky business. That being said, financial planners typically are licensed and are subject to liability under a negligence standard. So if the financial planner was grossly negligent such as investing all your money into a single high-risk stock without telling you then they... View More

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1 Answer | Asked in Stockbroker Fraud and Real Estate Law for Colorado on
Q: Can a real estate broker in Colorado hire anyone (other than a land surveyor) to mark positions of property corners

so as to speed up the process of closing and circumvent the cost of a survey for their client.

Vincent Gallo
Vincent Gallo
answered on Apr 1, 2018

In New York only a Professional Land Surveyor may prepare a new survey and made corners.

1 Answer | Asked in Stockbroker Fraud and Consumer Law for Colorado on
Q: Do I still have a fraud claim on odometer rollback after 4 years?

I bought a car from the dealer in 2012 with odometer 36xxx with the loan. In 2017 I cleared my loan and tried to sell my car. Meantime I checked the carfax which shows 100xxx potential odometer rollback done by the dealer.

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Feb 9, 2017

For most criminal felony fraud charges the statute of limitations is 3 years. Under some circumstances the SoL can be extended. For civil claims, the exact end date of the fraud could be argued as a continuing matter. Be aware a Carfax "potential" rollback flag does not prove that fraud... View More

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