We know that investors need to make the right decision about the best way to go about getting their money back. We have all suffered losses once and none of us want to make a mistake again.
We believe that participating in this group is investors best way to reclaim their losses but, we also know that it can be a confusing decision, particularly when there are different groups or you are being told different things.
Whatever you decide therefore we have prepared a list of the sorts of things you should be thinking about and the questions you should be asking
Is the group going to be properly legally represented?
Are you going to have properly qualified and experienced lawyers dealing with the case at all times. That means solicitors who will deal with all day to day matters and who will be in overall control as well as barristers. If you car need fixing you wouldn't go to someone who had no training as a mechanic. Don't let your legal claim be dealt with by someone who has no legal training.
Is the group going to be properly insured for legal costs?
In the UK whoever loses a legal case has to pay the other sides costs. In a case like this costs will be very high. Before you sign up to anything you need to know that the group you are joining is going to get the necessary cover and not just that they hope they will get it.
Is the group clear on what it is going to do?
Before you sign up you should know exactly;
- what the group is going to do (who is it suing)
- how it is going to do it (has it got the funds it will need and the insurance for its members)
- when it is going to do it