Securities Litigation Attorneys | Phillips Law Group
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At Phillips Law Group, we know brokers and publicly traded companies have a duty to provide truthful information to shareholders regarding their investments. When this duty is breached, the investing public risks losing their hard-earned money. Millions of dollars are often at stake when corporate insiders fail to adhere to best investing practices.
If you have been the victim of an investing company’s unscrupulous actions, you may be entitled to file a lawsuit to recover your losses. Because securities law is complex, it is important to consult with an attorney who is well-versed in this type of litigation.
The securities litigation attorneys at Phillips Law Group have helped hundreds of clients win millions in verdicts and settlements. We have decades of experience representing investors, and we possess a deep understanding of how capital investments work. We will combine our extensive knowledge and experience when reviewing your claim to help ensure you receive the most successful outcome possible.
If you believe your investment losses were due to dishonest brokers or corporations, contact the experienced securities litigation attorneys at Phillips Law Group today. We work on a contingency fee basis and only get paid when you win.
Securities Litigation Cases
Securities litigation cases arise from instances of securities fraud. This type of fraud occurs when brokers or corporate insiders provide misleading or false information to investors regarding their money. Oftentimes, the broker or corporation fails to disclose information that would directly influence an investor’s decision to buy or sell stocks, bonds or mutual funds.
There are numerous types of securities litigation cases that can be filed in a court of law. Each case is dependent upon several different factors, including instances of:
Broker negligence ”“Brokers have a duty to recommend investments that are reasonably suitable and do not put their clients at risk of financial harm. This includes conducting an adequate suitability analysis, disclosing penalties to the investor and diversifying the investor’s portfolio. If a broker or firm fails to act responsibly on behalf of the investor, a negligence claim can be pursued. However, negligence claims do not require proof of intent to cause harm.
Investment fraud ”“ Investment fraud is any scheme or deception involving investments that affect a particular individual or business. These types of schemes are often characterized by offers of low or no-risk investments and guaranteed returns. Investment fraud practices can include insider trading, market manipulation fraud, Ponzi schemes, pyramid schemes and advance fee fraud. Investment schemes typically target members of certain groups, such as religious or ethnic communities, in order to exploit the trust and friendship that exists in groups.
Failure to supervise ”“ Management at a brokerage firmhas a legal duty to supervisetheir brokers’ conductto ensure that they are properly trainedand compliant with state and federal securities laws. If a firm fails to supervise a broker, and the broker commits an act of fraud, the firm can be held liable for its failure to supervise. Firms must have an adequate system for implementing and enforcing their supervisory policies. This includes having written procedures in place, conducting internal inspections, reviewing internal firm communications and filing annual compliance reports.
Churning ”“ Churning is the excessive buying and trading of investments in a client’s account. Brokers often trade excessively to boost their own commissions. Clients end up losing money due to unsound timing of trades and added broker fees. If churning occurs, our firm’s attorneys will work alongside financial experts to prove that unusual trading activity or excessive transactions occurred to generate more commissions for the broker that were not in the client’s best interest.
Other instances of improper investment practices include late-day trading, market timing fraud, earnings mismanagement and companies that issue misleading information. If you believe a person or corporate entity has unethically mismanaged your funds, the securities litigation attorneys at Phillips Law Group can help you file a lawsuit to prevent further financial losses and to hold the responsible parties accountable for their actions. We can also help you recover your lost funds, plus additional compensation.
Why You Need a Securities Litigation Attorney
In today’s fast-paced business environment, shareholders can quickly find themselves facing instances of securities fraud where their money is being handled irresponsibly and inappropriately.Therefore, it is important for affected shareholders to contact a law firm that has the experience and resources necessary to swiftly defend their interests in a court of law.
At Phillips Law Group, our lawyers have handled a multitude of securities litigation cases and regularly handle matters before the Securities and Exchange Commission, Financial Industry Regulatory Authority Dispute Resolution, and state and federal courts across the country. Our wide-ranging, unparalleled litigation experience includes such diverse financial investments as:
- COOs, CMOs and other mortgage-backed securities
- Hedge funds
- Structured products
Through our multidisciplinary approach to securities litigation cases, we can formulate strategies and take steps designed to limit client risk. Additionally, we are not only securities litigation attorneys, but we are also trial lawyers with a vast amount of jury and non-jury trial experience that we can utilize to help ensure a victory.
When choosing Phillips Law Group, you can take confidence in knowing we are fully committed to helping you win the maximumamount of compensation allowed by law.
Great experience! Took care of pretty much everything, and I always felt like I want in good hands. Caroline Fa. was also a great help with everything. She always returned my calls and I never felt unheard. Even after my case she would still help me with my insurance documents.
Two family members were in a bad wreck a couple of years ago, and as a result called Phillips Law to represent them. Montana Thompson was the attorney assigned to the case with the help of Nemo Farr as legal assistant. Mr. Thompson litigated a very generous settlement for both my stepdaughter and her son. Because my grandson is a minor, I decided to act as conservator for him to ensure the settlement was safe and secure. Montana helped with that process, but it was Nemo who went way above and beyond the call in finding a financial institution to use for the restricted account. There were some glitches in that process but Nemo helped navigate them with a calm expertise which belies his age. I would consider them both great representatives of the level of commitment to their clients and assets to their firm.
Although my accident was fortunately not a major one, The Phillips Law Group AZ treated it as such. Their staff, specifically Mr Juan Roque was very professional, courteous and most importantly very informative. Mr Roque's attentive service was phenomenal and I highly recommend this firm!
Kathy Hudson and Donato Giovanatto. Continues to go above and beyond the call of duty. Reaching out to the insurance company about the damage to the vehicle. Forcing them to take responsibility.
They knew exactly how to explain the case to me in a way that I would understand it. They gave me hope that my life wasn’t over.
Liz Gonzales was great!!!!
I was recently served court documents that I was being sued from an accident that happened years ago. For someone who has never been through something like this and not familiar with the court lingo or where to even begin, it was very frustrating and stressful. I reached out to a family member who knew Tracy Laskos and the great reputation of Phillips Law Group and within the hours of the initial call for help, I had a direct number to Lead Attorney Nassar. Nassar heard my case and almost instantly put me at ease by explaining the process and how easy it was to handle. Nassar spoke to me like he was a friend, not like I was a client. I am so grateful to Tracy, Nasar and of course my cousin Stephanie for helping out and giving me the direction that I needed to get through this situation. I plan on referring my friends, family and patients that are in need of a personal injury Attorney to Phillips Law Group. Thank you!!
Positive: Professionalism, Quality, Responsiveness, Value As someone who is familiar with the inner workings of the auto insurance industry I can whole heartedly endorse Steven J. Jones and Phillips law group as someone I would want on my side should litigation take place. They handled my case professionally, honestly, and with satisfactory results which I would not have expected without enlisting their help.
Phillips law group has an amazing staff and i recommend them to everyone.
Sophia H is a pleasure to work with! Thanks for all you do.