Securities fraud encompasses a wide range of deceptive practices in the
stock or commodities markets, many of which result in significant losses
and are in violation of securities laws. At Hare Wynn, our attorneys have
successfully represented many clients in a wide range of complex and serious
securities fraud cases. We’ve taken on large Fortune 500 companies
in class actions, as well as brokerage firms and stockbrokers who employed
deceptive, improper, or unethical practices. If you have been the victim
of securities fraud, contact our firm to find out how we can help.
Call Hare Wynn at (855) 997-9319 to schedule a free consultation with our team.
What is Securities Fraud?
Stockbrokers and brokerage firms are obligated to follow the “Know
Your Customer Rule,” which requires that they be mindful of each
client’s investment objectives, disposable income, and tolerance
for risk, while recognizing the purpose for the invested funds and investing
only in accordance with said objectives. Every year, however, millions
of dollars are lost due to violations of this rule. In
2017 alone, the Securities and Exchange Commission (SEC) obtained judgments and orders
totaling more than $4 billion in disgorgement and penalties for securities
fraud, and this only represents the fraud that was discovered and successfully
Types of securities and stockbroker fraud can include:
- Unauthorized trading
- Investing in unauthorized stocks or securities
- Violating risk tolerance levels set forth by brokerage agreements
- Purchasing/selling securities not registered with the SEC
- Supplying false or misleading information to potential purchasers
- Willful omissions of fact in official documents filed with the SEC
- Intention to mislead through interstate communication with prospective
Hare Wynn has served as lead counsel in numerous securities cases and has
successfully represented victims of stockbroker fraud and unethical or
improper investing. Many of our clients have suffered significant losses
to their retirement and other investment accounts due to unauthorized
trading by stockbrokers and brokerage firms.
Providing Aggressive Representation You Can Rely On
Hare Wynn is proud to represent clients who have suffered financial losses
caused by securities fraud. If you feel you have been the victim of fraud
and would like to discuss a potential case, contact our team for tough,
Call (855) 997-9319 to speak with one of our experienced securities fraud lawyers.