Promissory notes are simply contracts under which an investor loans a specific sum of principal in exchange for the promise to receive interest over the term of the note, plus return of the principal at maturity. Payment of interest and repayment of principal depend on the borrower’s creditworthiness and the security and value of the collateral underlying the note, if any. While promissory notes may sound secure, they can be quite risky.
The investment and securities fraud attorneys at Moulton & Arney, LLP have extensive experience representing individual investors in securities arbitration and litigation. Cindy Moulton and Lance Arney have successfully represented thousands of clients in securities and investment fraud cases, with combined claims of hundreds of millions of dollars.
If you have suffered investment loss in Promissory Notes, you may be entitled to recover all or part of your investment. To find out more about your potential claims against your broker/financial advisor, investment firm, or securities firm, please contact an experienced investment fraud attorney.