Legal Law Administration is in a market-leading position in the worryingly fast-growing niche of financial fraud.  Trading is frequently subject to fraud whereby novice investors are targeted by unscrupulous brokers operating on the international stage.  The international media such as The Times of Israel, The Jewish Chronicle, Finance Magnates, The Wall Street Journal, The Sunday Times reports the scams on a regular basis.

The combination of Legal Law Administration’s extensive experience in financial scam litigation, centred mainly on Forex cases, coupled with our expertise with financial technology, enables us to successfully resolve cross-border multi-jurisdictional disputes. Our assertive approach to litigation means we were ideally placed to manage a wide range of types of financial frauds.

Legal Law Administration aims to give every assistance to its clients – the comfort of speaking to a lawyer in their own language, the convenience of having overseas offices when dealing with cross-border matters as well as recruiting our lawyers for their approachability, pragmatism and creativity; professionalism goes without saying.

Legal Law Administration represents investors in Forex and securities arbitrations and litigation worldwide. We have successfully represented hundreds of individual investors in Forex and securities fraud lawsuits and arbitrations, with extensive claims amounting to millions of euros. Our experience also includes the representation of registered representatives/brokers in regulatory investigations and disciplinary proceedings.

Binary Options Trading Litigation 

Whilst binary options trading has been curtailed in Europe, it is still possible to trade under certain circumstances.  It is a high-risk practice and in simple terms, a binary option is a financial option in which the pay-off is either a fixed monetary amount or nothing at all.  There are two types of binary option; the first is a cash-or-nothing option which pays a fixed amount of cash if the option expires in profit or an asset-or-nothing option which will pay the value of the underlying security. Binary options are securities in the form of options contracts where the payout depend on whether the underlying asset increases or decreases in value. They’re called “binary” options because unlike other derivatives sold on the capital markets, there are only two options here: profit or loss. In such an all or nothing payout structure, investors betting on a stock price increase face two possible outcomes when the contract expires: they either receive a pre-determined amount of money if the value of the asset increased over the fixed period or no money at all if it decreased.

Investors should be aware that there is a high potential for fraud in this area which can result in the loss of the entire investment. We strongly encourage investors to check the background of brokers and advisers and trading platforms and take time to research the firm to obtain simple background information, bearing in mind that the ability to trade in binary options is now extremely limited, before making a decision to invest.

Online scams are nothing new. From the rogue emails sent usually from allegedly Nigerian “wealthy individuals” who offer to share their inheritance in return with some help in moving funds around (and with the aim of seeking your bank account details).

Our lawyers at Legal Law Administration will guide you through the arbitration/litigation process to make as it easy and understandable as possible. During your initial consultation, we will listen to you and evaluate whether you have a valid claim. We will explain in clear terms what you can expect from us and what we will expect from you so, together, we can successfully achieve your goals.

Legal Law Administration will continue to fight vigorously to ensure the wrongdoers are held accountable.

If you have found yourself victim to online scams and fraud related to any kind of fraudulent trading, please call Legal Law Administration and we will talk you through the options and help you start the slow process of recovering your assets. Alternatively, please contact our Client Relations Team to arrange a discussion with a lawyer in the Binary Options Litigation team. Our international lawyers are able to provide assistance in English, French, Spanish, German, and Arabic.

If you require further information or assistance, please complete the on-line enquiry form here or email us at: [email protected].