Successful Equitable Remedy for Client of National Advisory Network
LONG BEACH, Calif., Feb. 24, 2016 /PRNewswire/ -- National Advisory Network is pleased to announce that it has successfully resolved a large, confidential equitable remedy for a client from Arizona. The client had invested over $50,000 into joint ventures with an oil and gas company located in Texas and received very little in returns. Several misrepresentations were made to the client, including, but not limited to: misrepresentation, breach of fiduciary duty and violation of NASD Rule 2010, which states in part that "All statements made must be fair and balanced and prohibiting exaggerated, unwarranted, misleading statements and claims." The client hired National Advisory Network to file documents with pertinent state and federal regulatory bodies and to mediate the settlement. Analysis of the client's documents and in-depth research resulted in discovery of over 17 violations of security law and solicitation against the company. After filing the documents and formal demands, the oil and gas company requested mediation to resolve the dispute. As a Certified Mediation firm, National Advisory Network provided mediation services, and the dispute was resolved in short order.
National Advisory Network, based in Long Beach, California, is a registered Legal Document Preparation Company and Certified Mediation firm. Experts in consumer protection laws and laws governing the sales of securities, joint ventures and limited partnerships, National Advisory Network specializes in assisting clients with resolving disputes with investment companies that violate industry laws and regulations.
Contact: Amanda Langer, 1 (888) 597-9007, www.nationaladvisorynetwork.com
SOURCE National Advisory Network
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