Legal Question in Investment Law in Arizona
Okay, so I signed a investment contract with a man a week or so ago, him being the investor, I being the investie(?). He is now trying to say that he doesnt actually have to pay me what he signed an agreement to...is this true? and whats can I do to ensure I recieve the funds? Also, so you know, he signed two investment contracts with me for different amounts, one being for $85,000.00 (paid to the company) and one for $17,500.00 (paid to me).
1 Answer from Attorneys
Dear Sir or Madam,
I am happy to speak to you about your situation. What reason does the investor give? It could be that despite a signed contract, the investment contract that you have is defined as a security under state or federal law. Absent an exemption, you would need to do a full fledge offering. He or she may also have a defense to any breach of contract claim that you may have.
I focus my practice on securities and commodities law and used to do nationwide defense in arbitration for several "wire house" Fortune 500 broker-dealers. I have also continued my studies and am a few credits shy of receiving my L.L.M. (Masters of Law) in financial services law.
I encourage you to seek legal representation before an limitations period runs and bars your claim. It might be that irrespective of this matter that you may not have set yourself up correctly or may not have the correct documents drafted and implemented. You can reach me at [email protected] or (847) 675-1052.
Please feel free to check out our website at www.maylawpc.net for more information.
Best regards,
Andrew
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