Investment fraud frequently involves violations of federal laws that regulate the purchase and sale of stocks, bonds, mutual funds, and other securities. If a person or entity engages in fraudulent dealings to induce investors to buy or sell securities, they can be liable in subsequent investment fraud litigation or even a class action.
A New York investment fraud lawyer can safeguard your legal interests and aggressively pursue the compensation you are entitled to from the perpetrators. A respected securities fraud attorney can help you get compensated from commercial banks, public companies, auditors, and other culpable parties who frequently participate in investment fraud. As New York is the home of Wall Street and many large investment banks, many of the best securities fraud attorneys are licensed to practice in the state. Our managing partner, Scott Silver, spent the early part of his career working at one of Wall Street’s best law firms for handling securities and investment fraud cases.
Investment fraud is a deceptive practice where individuals or entities manipulate information about investments to trick people into buying or selling securities based on false pretenses. Fraudsters often lure victims with enticing financial numbers, promises of future success, or by making a stock appear more popular than it naturally would be.
These individuals and entities may provide false information about the investment itself, the company involved, or their own credentials to gain trust. Fraudsters often use high-pressure sales tactics to convince people to invest quickly without doing proper research. Common forms of investment fraud include:
If you believe an investment opportunity or one of your current investments is fraudulent, you need to contact a New York attorney who handles these complex matters as soon as possible. A lawyer can analyze the details of your investment, review the actions undertaken by the defendant(s), and identify potential legal claims based on the specific type of fraud involved.
It is vital to work with a New York investment fraud attorney with experience in securities litigation to ensure they understand the complexities of your case. There is a statute of limitations for filing investment fraud claims, which makes it crucial to consult an attorney promptly if you suspect fraud.
Silver Law Group can help collect and preserve necessary documents like account statements, emails, phone records, and other communications to support your claim. Our lawyers can also manage the process of filing a lawsuit against the fraudulent party, including brokers, investment firms, or individuals involved, in the appropriate court.
If victims of investment fraud seek compensation, they can often pursue restitution through individual or class action litigation. A successful class action lawsuit would distribute recovered funds among all affected parties based on the degree of the financial losses they sustained. By combining multiple claims into one lawsuit, the legal costs are shared among all class members. Instead of filing numerous individual lawsuits, a class action allows for a single legal process to resolve claims against the defendant, streamlining the legal process and potentially leading to faster settlements.
Many of the attorneys at Silver Law Group were formerly employed by Wall Street firms, providing us with a profound understanding of the inner workings of these institutions. Our attorneys know how to best protect victims of investment fraud and vigorously advocate for our clients to achieve maximum financial recovery.
Amongst other accolades, our managing partner has served as a chairman of the securities and financial fraud group of the American Trial Lawyer’s Association, a board member of PIABA (bar association of lawyers who represent victims of investment fraud) and has been recognized by Superlawyers and the National Trial Lawyers association as a top securities and investment fraud attorney.
We work on a contingency basis, which means we will not charge any fee until we have recovered your money. If you have lost money to suspected fraud and need information about your legal rights, a New York investment fraud lawyer at Silver Law Group can help. Contact us today for your free consultation.
