Our securities litigation attorneys have experience representing broker/dealers, principals, registered representatives, and customers in Financial Industry Regulatory Authority (FINRA) arbitrations throughout the U.S. and in securities compliance, regulatory, and disciplinary proceedings before the Securities and Exchange Commission (SEC), various securities exchanges, such as the New York Stock Exchange, NASDAQ, and others, and state securities commissions. We also represent institutional and individual investors in claims brought pursuant to federal and state blue sky laws.
Our attorneys represent corporations, officers, directors, and shareholders who are defending or bringing claims relating to false and misleading statements in violation of federal or state securities laws. We frequently represent corporations, directors and officers, and investors in suits alleging violations of Section 10b of the U.S. Securities Exchange Act of 1934 and comparable state securities acts. We represent broker/dealers, investment advisors, and registered representatives in regulatory proceedings throughout the U.S.
Representative Experience
We have a robust record of defending clients in securities litigation, including:
- Handling a claim by the shareholders of a target corporation acquired by a public company, where two-thirds of the purchase price was paid in company stock that was inflated due to false and misleading financial statements.
- Obtaining a verdict of dismissal on behalf of an internet bond broker/dealer following an NASD securities arbitration in Los Angeles, CA, where the investor sought more than $1M, plus punitive damages.
- Achieving a very favorable settlement during trial on behalf of a bank that had been sold inappropriate securities-based bank-owned life insurance policies to fund supplemental executive retirement plan obligations.
- Successfully defending a Delaware corporation and its board of directors from a stockholders’ action to domesticate a foreign judgment issued by an English court pursuant to an agreement among all stockholders to sell the corporation. The Delaware Court of Chancery dismissed the action entirely.
- Appearing before the SEC, self-regulatory organizations, and state securities commissions in response to formal investigations, audits, administrative proceedings, and informal inquiries.
- Counseling and representing advisors, banks, and trust companies handling managed securities’ accounts for investors.
- Handling stockholder derivative claims and other actions involving claims of breach of fiduciary duty by and against corporations and their directors and officers.
- Handling the defense of the CEO of a pharmaceutical company in a securities fraud class action and shareholder derivative lawsuit.
