If you have an idea that your marriage is in a bad situation, and you’re worried about the future of your children, or maybe even yourself, then you should consider taking part in a fidelity class action lawsuit. These lawsuits are basically brought on behalf of innocent third parties who were cheated of their money and/or assets by a mutual funds company or investment firm. The company in question may have either deceived investors or colluded with them in some way to defraud them. In either case, what you may not be aware of are kickbacks, hidden commissions and bond payments that will be due after the case has been settled.
Fidelity Class Action Lawsuit
Most of the time, these class action lawsuits are brought on behalf of former employees who were employed by investment companies like Harley P. Gates and John D. MacArthur Jr. who were paid kickbacks from mutual funds to invest their money in these companies. The kickbacks occurred while the two men were working as financial advisors for the retirement funds of their clients. While there is no clear evidence that these investment companies actually ordered kickbacks, and there is no clear reason as to why these men were required to invest their money in the first place, many lawyers believe that they may have done so knowingly.
The problem that usually comes up when such a case goes to court is the possibility of undisclosed fees.
Naturally, all good things must come to an end, and it’s only natural for a person to want their money back. It is possible that the Securities and Exchange Commission could be looking into kickbacks in the same situation as well. However, there is currently no clear indication that such an investigation is ongoing. As such, if you are thinking of bringing up a class action lawsuit on your own behalf in order to get your money back, then you need to know more about the specifics of this type of lawsuit.
How exactly do you go about filing a fidelity class action lawsuit on your own behalf?
If you’re worried about uncovering kickbacks and other undisclosed fees, then you need to get hold of your own attorney. An attorney who specializes in securities and/or investment cases can be a very useful asset in such a situation. Fidelity is a particularly attractive topic for attorneys because it involves both money and time, something that most people are not comfortable dealing with.
If you don’t already own a lawyer, you will need to find one before proceeding with a class action lawsuit.
The details of the lawsuit and the potential outcomes will determine the fees that you will be required to pay out of pocket. A fidelity class action lawsuit can be quite complex, and the fees can run into thousands of dollars. Therefore, you need to plan accordingly. If you find that you are unable to afford upfront fees, then you may want to consider waiting to see what the situation evolves before filing.
One interesting aspect of a lawsuit like this is that many attorneys who are familiar with these kinds of lawsuits will be willing to take them on at no cost.
In addition, you might want to ask your own accountant if he or she would be willing to take on the case pro Bono. Your accountant will probably have more experience with litigating these types of cases. Additionally, you could try to get a private mediator involved on your behalf. This person would be responsible for working directly with the opposing party.