FORT LAUDERDALE, Fla., Jan. 25, 2010 (GLOBE NEWSWIRE) -- David R. Chase, P.A., www.davidchaselaw.com, a law firm representing investors nationwide and headed by former Securities and Exchange Commission Prosecutor and Special Assistant United States Attorney, David R. Chase, announces that it is has filed a FINRA arbitration claim on behalf of a couple nearing retirement against Securities America, Inc. (Securities America) seeking the recovery of their investment losses in Medical Capital Notes.
The arbitration claim alleges that Securities America fundamentally misrepresented the true nature and risks of the Medical Capital investment by touting it to be safe and suitable when, in truth, it was not. The arbitration claim further alleges that Securities America failed to perform adequate due diligence on the Medical Capital investment. The investors lost virtually all of their principal investment.
The arbitration claim seeks the recovery of investment losses, attorney's fees, punitive damages and other relief.
The Firm continues investigating investor claims for losses in Medical Capital Notes.
The Law Office of David R. Chase, P.A., based in Fort Lauderdale, Florida, represents investors nationwide in cases against the major Wall Street Firms. The Firm's principal, David R. Chase, has been practicing for over 17 years, is AV-Rated by Martindale-Hubbell -- its highest competence and ethics rating, and previously served as a securities prosecutor for the Federal Government. More about the firm is available on its website at: www.davidchaselaw.com. ;
If you or a family member suffered losses in Medical Capital Notes and wish to discuss your legal rights, or you have information about this matter, please contact:
David R. Chase, Esq.
Law Office of David R. Chase, P.A.
1700 East Las Olas Boulevard
Suite 305
Fort Lauderdale, FL 33301
888-337-8625 (Toll Free)
954-920-7779
Email: david@davidchaselaw.com