Illinois Statutes of Limitation for Securities Claims

The statute of limitation for claims under the Securities and Exchange Act of 1934 is two years from discovery of facts constituting the violation.

The statute of limitation under the Illinois Securities Act is 3 years.

The statute of limitations under the Illinois Consumer Fraud and Deceptive Business Practices Act is 3 years.

The statute of limitation in Illinois for fraud is 5 years.

The statute of limitations in Illinois for breach of fiduciary duty is 5 years.

The statute of limitations in Illinois for breach of contract is 5 years if the contract is oral, 10 years if the contract is written.

Illinois Securities Attorneys

Donald Thompson is Licensed to practice law by the Supreme Court of Illinois, U.S. District Court in Chicago, U.S. Circuit Court of Appeals in Chicago, and U.S. Tax Court. Contact Chicago Securities Attorney today.

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