Securities fraud involves deceptive actions or statements to manipulate financial markets and cheat investors for personal gain. This type of fraud commonly occurs when a large financial institution misrepresents or omits crucial information about financial instruments like stocks and bonds to deceive investors into buying or selling them, which inevitably leads to grave financial harm.
Our securities fraud attorneys at Silver Law Group work alongside investors in Chicago to recover losses caused by a wide range of fraudulent investment schemes. Contact our lawyers today to find out whether you may be eligible to join a securities fraud class action or initiate individual litigation for your losses.
Securities fraud can have devastating consequences for investors, including significant financial losses, emotional distress, and the erosion of trust in financial markets. Common types of securities fraud in Chicago that our attorneys can file suit against include:
While perpetrators face severe criminal and civil penalties for securities fraud, recovering lost funds is often a difficult and lengthy process. Our securities fraud attorneys can help injured investors in Chicago file a civil lawsuit against the individuals or companies responsible, and on a contingency fee basis.
A securities class action can be a crucial mechanism for investors to recover losses from securities fraud, especially for those with smaller claims. It allows many individual investors to combine their small losses into one large lawsuit, making it financially feasible to pursue claims against a well-funded defendant.
The process is overseen by a court that must approve the settlement to ensure it is fair and reasonable for the entire class. Legal costs are shared across the class, and attorneys’ fees are paid from the settlement or judgment, meaning individual investors have no upfront legal expenses. If the lawsuit is successful, a settlement fund is created and distributed to all eligible class members in proportion to their financial losses.
The attorneys at Silver Law Group can thoroughly investigate to determine what individuals or entities, including third parties, could be liable for investment losses in a securities class action. The primary perpetrators of securities fraud, especially in cases like Ponzi schemes, often spend or lose the illicitly gained funds, leaving little for investors to recover.
Many complex fraudulent schemes could not be executed without the participation of third parties—which can include financial firms, attorneys, and other professionals—who play a critical role in facilitating or legitimizing the fraud. Holding them liable provides another avenue for investors to pursue compensation when the primary fraudster is insolvent.
Silver Law Group is highly trained and well-regarded in securities and investment fraud cases, representing both individual and institutional investors who have suffered these steep losses. Our team of securities fraud attorneys, accountants, paralegals, and investigators have extensive experience in analyzing and uncovering complicated fraud cases to help investors in Chicago recover their money.
We handle these cases on a contingency fee basis. This means that clients do not pay attorney fees unless our firm secures a recovery, such as a settlement or court award. Contact Silver Law Group today to request your free attorney consultation and find out what may be possible for your case.
