LEGAL INFORMATION NOTICE: This checklist provides general educational information only. It is not legal advice, does not create an attorney-client relationship, and does not determine whether particular conduct constitutes securities fraud. Securities claims can involve complex federal and state law, procedural requirements, limitation periods, evidence, and jurisdictional issues. Consult qualified securities litigation counsel regarding your circumstances.

“The biggest problem with an investment loss may not be the loss itself—it may be what you don’t know about how it happened.”

1. An investment loss does not automatically establish securities fraud.
2. Poor investment performance and unlawful conduct are different questions.
3. Securities claims can involve highly technical legal standards.
4. Evidence matters.
5. Offering documents matter.
6. Financial statements can matter.
7. Communications can matter.
8. Emails and messages can matter.
9. Marketing materials can matter.
10. Public disclosures can matter.
11. Insider transactions can become relevant.
12. Conflicts of interest can become relevant.
13. Timing can matter.
14. What was known at the time can matter.
15. What was disclosed can matter.
16. What was omitted can matter.
17. Multiple investors may have different circumstances.
18. Different securities may involve different rights.
19. Arbitration provisions may affect dispute procedures.
20. Class or collective proceedings may involve different strategic considerations.
21. Litigation can be expensive.
22. Recovery is never automatically guaranteed.
23. A judgment and actual collection are not necessarily the same thing.
24. Limitation periods and procedural deadlines can be critical.
25. The key question is: “What evidence shows what was represented, what was known, what was omitted, and what actually happened?”

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C. PREMIUM BUYER CHECKLIST

1. INVESTMENT

☐ Security identified
☐ Purchase date
☐ Purchase price
☐ Quantity
☐ Account/custodian
☐ Current value
☐ Loss documented

2. REPRESENTATIONS

☐ Offering memorandum
☐ Prospectus
☐ Financial statements
☐ Marketing materials
☐ Presentations
☐ Emails
☐ Messages
☐ Recorded communications where lawfully obtained

3. TIMELINE

Build:

REPRESENTATION → INVESTMENT → DISCLOSURE/EVENT → DISCOVERY → LOSS

☐ Dates documented
☐ Documents linked to dates
☐ Communications preserved

4. LAWYER

☐ Securities litigation experience
☐ Relevant jurisdiction
☐ Similar-case experience
☐ Federal/state experience where relevant
☐ Arbitration experience where relevant
☐ Class-action experience where relevant
☐ Fee arrangement

5. ECONOMIC ANALYSIS

Estimate:

Potential Recovery

minus

Legal Costs + Expert Costs + Time + Litigation Risk

6. RED FLAGS

☐ Lawyer guarantees recovery
☐ Lawyer guarantees settlement
☐ Immediate-pressure tactics
☐ No document review
☐ No discussion of limitations/deadlines
☐ No discussion of litigation economics

FINAL QUESTION

Can I document the investment, the representation, the relevant events, the resulting loss, and the evidence connecting them?