The financial sector is a pillar of American economics. With the ability share, invest, lend, save and pool financial resources, the standard of living would remain dismal, companies would be ill-equipped to operate and individuals would have little recourse for buying and selling. As a busy and profitable industry, financiers are exposed to many risks and liabilities over their services. Consumers expect a level of honesty and safety with their transactions, while regulations demand transparency, insurance and protection from fraud. At times, incidents occur which require the involvement of a banking expert to resolve.
When Things Go Wrong
Financial litigation can be a devastating term for those in the banking industry. Banks and traditional lenders are not the only companies in danger of a lawsuit. Any company dealing with financial transactions or the exchange of monies is susceptible to criminal, civil or administrative claims of error or wrongdoing. Investigations can … Read more