Securities

Stock Market Fraud

In today's securities marketplace, in which hundreds of millions of dollars are made or lost each day, investors cannot afford to rely on false or misleading information. However, publicly traded companies and their officers and directors sometimes purposely introduce inaccurate information about their company into the marketplace, causing investors to pay more for their stock or other security than it is actually worth. The investors who rely on the false and misleading information are harmed, while the companies and management personnel who have disseminated the information benefit, oftentimes by selling the stock before the true story is revealed (i.e., insider trading).

There are numerous cases around the country which seek to reimburse investors who have been defrauded by companies and individuals who have wrongfully manipulated stock prices.

Many of these cases - Enron, Adelphia, ImClone - have come to symbolize securities fraud and the results of the highly deregulated market of recent years.

If you think you have been victimized by securities fraud, report it here.

Stockbroker Fraud

Millions of Americans entrust their life savings and retirement accounts to brokers and brokerage firms, believing that their investments are being handled responsibly and in accordance with their wishes. Most of the time, these beliefs are correct. In many instances, though, brokers generate huge commissions for themselves without regard to their clients' well being, by placing investors in unsuitable securities, over trading (churning) the account and even making trades without the consent of the investors. When this happens, investors can lose a substantial amount of their assets, placing their lifestyle and retirement at risk.

There are numerous cases on behalf of individual investors who have lost money as a result of improper conduct by their brokers. Almost always, customers agreements with individual financial advisors or with brokerage houses require that any disputes be resolved by binding arbitrations under procedures established by the National Association of Securities Dealers (NASD) or the New York Stock Exchange (NYSE). NASD and NYSE arbitrations are usually faster, simpler, and less expensive than lawsuits in the court system. If you believe you have been damaged by improper trading in your account, contact us.