Allianz Life recently published a study Safeguarding Our Seniors confirming that the financial abuse and exploitation of the elderly is under-reported and a misunderstood issue that will increase as the population ages and life expectancy rises.
The study included over 2,000 Americans from 40-65 and concluded that senior victims had average losses of $30,000 and that 10% of the victims suffered losses of over $100,000.
See this for more details on the Allianz Safeguarding Our Seniors 2014 study.
If you or one of your loved ones suspect their investment account has been mishandled, contact us to learn about your legal options.
Rex Securities Law provides nationwide representation to investors seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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