QUESTION
I invested in a new bank venture was issued a stock certificate w/a verbal projection of 3 yr pay back. It has been 7 yrs & no pay yet. What can I do?
Asked on Dec 09th, 2011 on Business Law - Arizona
1 ANSWER
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Your question does not suggest that the issuer of these securities did anything wrong. Projections are not guarantees. You made the investment and knew you were assuming a business risk when you did so.
Answered on Dec 09th, 2011 at 6:09 PM