Tempe Securities Litigation Attorney
Investors have a reasonable expectation that a broker or financial institution will be honest when providing information to them. Whether it is about the current health of a company or other information that may help a shareholder to make a transaction decision, if that duty is breached, an investor may decide to take legal action to recover compensation for their financial losses.
If you suspect you are the victim of fraudulent or dishonest broker practices, we encourage you to call one of the Tempe securities litigation lawyers at Phillips Law Group. We have 27 plus years of experience representing more than 155,000 consumer clients and recovering over $750,000,000 in compensation.
Our firm offers free consultations and works on a contingency fee basis, so there are no upfront service fees. You only pay us at the end of the legal process if we help you successfully obtain compensation.
Types of Securities Litigation Cases We Handle
There are many ways that securities fraud may occur, but generally, it involves one or more incidents where a broker or financial manager may have purposely misled or exploited the investor. This is legally known as a breach of fiduciary duty.
Some of the most common securities litigation cases our firm is prepared to handle include:
Backdating stock options – Changing the original grant date of a stock option for a fast turnaround on a profit is an illegal practice if it is not disclosed to the investor, or if the modification was not also documented in the company’s financial records.
Broker negligence – This occurs when a broker knowingly fails to provide a shareholder with a reasonable investment or transaction recommendation, thereby unethically increasing the financial risk for a client.
Churning – This is the illegal and unethical practice of broker over-trading to generate a commission. A broker can only do this if he or she has the power to exercise transactions for a client’s account.
Late day trading – Any recording of trades transactions added to a daily net asset value is a violation if it happens after official marketing trading is closed out for the day.
Market timing – A legal practice of mutual fund short-term trading, but potentially a securities violation if investors are deliberately mislead about the specific restrictions or the number of exchanges that occur.
Proxy solicitations – Also legal unless it does not include the Securities Exchange Commission (SEC)-required filings, forms and disclosures to shareholders, the SEC and other appropriate parties.
Earnings restatement – Illegal amendments made to financial statements to purposely deceive potential investors about the financial health of a publicly traded company.
Investment fraud – This involves any kind of market manipulation, Ponzi scheme, insider trading or pyramid schemes.
Do I Have a Securities Litigation Case?
Securities Litigation cases are often complicated because there are so many laws and regulations that come into play. This is why we recommend that you meet with a qualified Tempe securities litigation lawyer to review the specifics of your situation and determine whether you may have legal options.
At Phillips Law Group, our legal team is well-versed in securities litigation law in Arizona and in other state and federal courts as well. We understand the emotional impact this kind of financial loss can have, and how important it is to have someone on your side, protecting your best interests. We invite you to call us to schedule a free consultation so we can answer any questions you may have about the legal process.
Ph: 1-800-706-3000. Our phone lines are available day or night.
What Can Phillips Law Group Do to Help Me?
We are very familiar with handling a diverse number of financial investments and disputes before the SEC and Financial Industry Regulatory Authority (FINRA). Most importantly, by carefully planning strategic actions and legal steps, we can limit help client risk.
Our attorneys have extensive trial experience, which provides us with additional insight and knowledge to help ensure we build a strong case on your behalf. Several financial investments we have handled include:
- COOs, CMOs and other mortgage-backed securities
- Hedge funds
- Structure projects
Speak With a Tempe Securities Litigation Lawyer Now
At Phillips Law Group, we are deeply committed to protecting the financial interests and legal rights of our clients and holding individuals and companies accountable for any fraudulent actions.
Complete our free and confidential consultation to discover how a Tempe securities litigation lawyer from our firm may be able to help you. There is no financial risk for you since we accept securities litigation cases on contingency. This means that we only get paid if we win a settlement or verdict on your behalf.
Our office is located within a 25-minute drive west via I-10 from Tempe City Hall.
Call us now for your free consultation and to discuss your next steps. Ph: 1-800-706-3000.