If you’ve been the victim of financial fraudsters, you might be looking for someone to represent you in a securities fraud class action lawsuit. Deciding who to trust can be difficult, especially when you have just been defrauded after placing your trust (and money) with someone.
Securities fraud class action lawsuits are complicated and it’s critical to work with attorneys who know what they’re doing. Consider the following factors when you’re deciding who to work with.
Attorneys pursuing class action lawsuits for securities fraud should work on a contingency basis. That means that they do not get paid unless, and until, there is a successful outcome.
That probably sounds great, but it means that the firm you select must have the resources to put together an excellent case without any guarantee of reimbursement. Don’t be afraid to ask pointed questions about whether the firm can absorb the costs of travel, expert witnesses, investigators, and other expenses for the several years it may take for the case to resolve.
Investment fraud class actions are a unique area of law. Put yourself in the hands of attorneys with significant experience litigating these cases. Ask about other cases when they’ve represented the lead plaintiff. Sometimes it’s also worthwhile to ask whether they represent individual investors in fraud cases.
If you are a smaller investor, pay close attention to how you’re treated. The money you lost is just as important to you as the money an institutional investor lost in the same fraud. It’s important to feel confident that your attorney empathizes with your position and will advocate for you even when your losses are comparatively modest.
A strong track record is an excellent indicator of a good firm. Research the firm to find out if they have successfully represented investors in securities fraud actions.
Many firms specialize in specific types of investment fraud actions. For example, many focus their resources on bringing actions against stock brokers. If you were defrauded by the misleading statements of a company officer, however, then that firm’s experience holding brokers accountable might not be relevant.
Find out if the firm that you’re considering has pursued cases against company officers, accountants, attorneys, and others. Make sure that they have had success pursuing class action cases similar to yours.
Finding an attorney to represent your interests aggressively and professionally in an investment fraud class action can be challenging. Do your due diligence before making a decision.
Silver Law Group is singularly focused on representing victims of securities and investment fraud. Our team is lead by Scott Silver who is nationally recognized as being one of the best securities and investment fraud lawyers in the country. A regular speaker at industry conferences, Scott is the chair of the securities fraud group of the American Association of Justice, on the board of the Public Investor Advocate Association, recognized by SuperLawyers and the Legal Elite and is a member of the National Trial Lawyers Top 100 Litigators for his work in Ponzi schemes and other investment fraud cases.
Silver Law Group has a long record of success, representing investors who’ve lost money in a variety of scenarios. We will be happy to talk to you about our experience and answer any questions you may have. Get in touch today.
Fill out the contact form or call us at (800) 975-4345 to schedule your free consultation.