Investing is one of the few ways to gain a measure of financial security over time. However, the health of the markets is dependent on companies releasing accurate and timely information and investment promoters being forthright in their dealings.
Unfortunately, the officers and directors of publicly traded companies, their accountants, law firms, and private investment advisors all sometimes fail in their obligations. If you lose money on an investment because of another party’s fraudulent or dishonest conduct, you can pursue legal action to recoup your losses. The securities fraud attorneys at Silver Law Group are experienced at pursuing compensation for defrauded investors, so contact us for help from a South Florida investment fraud lawyer.
Financial professionals and the managers and directors of publicly traded companies have a fiduciary duty to their clients and investors. This means that they have a legal and ethical obligation to put the needs of the investing public or their client above their own and to act with integrity.
A breach of that duty is at the root of most investment fraud. Company directors and executives, auditors and accountants, law firms, hedge fund managers, stock promoters, investment advisors, brokers, and others sometimes disregard the interests of investors for their own gain.
Investors have a right to rely on information from public statements of publicly traded companies and on advice from the financial professionals they work with. If there is a breach of the fiduciary duty and an investor loses money because of it, the South Florida attorneys at Silver Law Group can take legal action for the investment fraud.
Much investment fraud centers around misleading information. Publicly traded companies must issue quarterly financial statements and make other public announcements. Sometimes the information is intentionally deceptive to manipulate the stock price.
Third-parties sometimes engage in self-dealing at the expense of the investor. They may fail to disclose their personal interest while promoting an investment that is contrary to the client’s goals or risk tolerance.
Even sophisticated investors can fall victim to Ponzi schemes and pyramid schemes. Fraudsters often create an atmosphere of exclusivity around the opportunity that lures investors who ultimately lose their money. Regardless of the type of wrongdoing, our attorney in South Florida can aggressively pursue legal remedies to get a defrauded investor’s money back.
At Silver Law Group, we focus on the most effective way to achieve justice for our investor clients, with case fees on a contingency basis. In some cases, direct negotiation and mediation produces a favorable result. More often, we take more formal legal action on behalf of our clients.
We are skilled at arbitrating claims through the Financial Industry Regulatory Authority (FINRA), but also take litigation cases.
Investors who relied on inaccurate public information can use the civil courts to recoup their losses. Some individual and institutional investors who lost large sums may find it beneficial to bring an individual lawsuit. In most cases, however, a class action proceeding is the more efficient and cost-effective remedy.
Any investor who bought or sold a company’s securities between the date that misleading information was released and the date it was corrected is eligible to participate in an investment fraud class action lawsuit. If the lawsuit is successful, proceeds are proportionally distributed to the investors. Our lawyers regularly take the lead in lawsuits representing deceived investors in South Florida and across the country.
Dishonest investment advice and misleading financial information are far more prevalent than they should be. Even sophisticated investors can be misled by professionals working for their own gain or who failed to report it.
A South Florida investment fraud lawyer at Silver Law Group can advocate aggressively on behalf of cheated investors, and importantly, we take these cases on a contingency basis. Contact us immediately if you believe you have suffered losses because of investment fraud.
