Each cause of action has a set time period before which the claim must be brought. This is commonly called a statute of limitation. It is generally established by state or federal statute (depending on the claim), and the statute of limitation for basic claims can range widely from state to state. Attached is a helpful resource in determining the applicable statute of limitation for basic claims on a state by state basis.
If you believe you have a possible securities fraud case and are concerned about the applicable statute of limitations applicable to your possible claim, The White Law Group can help. To speak to a securities attorney, please call our Chicago Office at 312-238-9650 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investors protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.
To learn more about The White Law Group, visit http://www.whitesecuritieslaw.com.