|
|
|
CLAIMS AGAINST SECURITIES BROKERS AND INVESTMENT ADVISERS  |
|
The statute of limitation for claims under the Securities and Exchange Act of 1934 is two years from discovery of facts constituting the violation. The statute of limitation under the Illinois Securities Act is 3 years. The statute of limitations under the Illinois Consumer Fraud and Deceptive Business Practices Act is 3 years. The statute of limitation in Illinois for fraud is 5 years. The statute of limitations in Illinois for breach of fiduciary duty is 5 years. The statute of limitations in Illinois for breach of contract is 5 years if the contract is oral, 10 years if the contract is written.
|| See My Business Law Web Site || || See My Probate Web Site || See My Wills, Trusts, and Estate Planning Web Site ||
|
|
Donald M.
Thompson * 55 W. Monroe #3950; Chicago, IL 60603 |
