Securities Fraud in California - Understanding Securities Fraud
September 21, 2012 By The Law Offices of Jonathan W. Evans & Associates
Investing always involves a degree of risk taking and not all investment losses are due to investment fraud. There are cases however, where investors have lost substantial amounts of money because of brokerage firms, stockbrokers, or financial advisors violating the securities laws.
Types of Securities Fraud
The use of deceptive practices by providing false information to induce an investor to make decisions about sales or purchases is in violation of the securities laws. It often results in losses for the investor. There are many types of fraud including embezzlement, stock manipulation, internet fraud, dummy corporations, Ponzi schemes, accountant fraud, insider trading, front running, and more. Fraud at a high corporate level involving corporate officials was evident in the widely publicized Enron case that affected the lives of many investors. There are certain fraudulent schemes that prey on specific groups of people like the elderly, immigrants, or other unwitting targets. A person with fiduciary responsibilities who violated the securities laws and caused an investment loss may be held accountable. The legal actions we can take on behalf of clients to resolve their claims can involve:
• Mediation – a neutral third party hears both sides of a case and offers solutions so the case can be resolved. It is not legally binding.
• Arbitration – Legally binding means of settling the case through the assistance of an arbitrator.
• Litigation – Court action involving lawsuits.
Every case is unique. Some settle quickly. Others cases may not resolve and require litigation to achieve the desired result. Due to the potential length of time and cost of litigation, many cases settle before reaching that phase of the legal process, utilizing available alternatives of mediation and arbitration. We have handled hundreds of securities arbitration claims for our clients over the years. In some instances, the most effective action may require court intervention via litigation. Establishing securities fraud may be difficult for an individual. We understand the securities laws and we have handled a wide range of cases.
ABOUT THE AUTHOR: Jonathan W. Evans & Associates
The firm of Jonathan W. Evans & Associates was established in 1975 and since then it has been helping clients with their legal needs. We have tried over 50 cases at the NASD and have successfully assisted many investors recover their financial losses. If you lost a significant amount of money, and suspect some type of wrongdoing, you should seek guidance from a securities fraud attorney who can protect your rights and represent your best interests. Call Jonathan W. Evans & Associates for more information.
Copyright The Law Offices of Jonathan W. Evans & Associates
More information about The Law Offices of Jonathan W. Evans & Associates
Disclaimer: While every effort has been made to ensure the accuracy of this publication, it is not intended to provide legal advice as individual situations will differ and should be discussed with an expert and/or lawyer. For specific technical or legal advice on the information provided and related topics, please contact the author.
The use of deceptive practices by providing false information to induce an investor to make decisions about sales or purchases is in violation of the securities laws. It often results in losses for the investor. There are many types of fraud including embezzlement, stock manipulation, internet fraud, dummy corporations, Ponzi schemes, accountant fraud, insider trading, front running, and more. Fraud at a high corporate level involving corporate officials was evident in the widely publicized Enron case that affected the lives of many investors. There are certain fraudulent schemes that prey on specific groups of people like the elderly, immigrants, or other unwitting targets. A person with fiduciary responsibilities who violated the securities laws and caused an investment loss may be held accountable. The legal actions we can take on behalf of clients to resolve their claims can involve:
• Mediation – a neutral third party hears both sides of a case and offers solutions so the case can be resolved. It is not legally binding.
• Arbitration – Legally binding means of settling the case through the assistance of an arbitrator.
• Litigation – Court action involving lawsuits.
Every case is unique. Some settle quickly. Others cases may not resolve and require litigation to achieve the desired result. Due to the potential length of time and cost of litigation, many cases settle before reaching that phase of the legal process, utilizing available alternatives of mediation and arbitration. We have handled hundreds of securities arbitration claims for our clients over the years. In some instances, the most effective action may require court intervention via litigation. Establishing securities fraud may be difficult for an individual. We understand the securities laws and we have handled a wide range of cases.
ABOUT THE AUTHOR: Jonathan W. Evans & Associates
The firm of Jonathan W. Evans & Associates was established in 1975 and since then it has been helping clients with their legal needs. We have tried over 50 cases at the NASD and have successfully assisted many investors recover their financial losses. If you lost a significant amount of money, and suspect some type of wrongdoing, you should seek guidance from a securities fraud attorney who can protect your rights and represent your best interests. Call Jonathan W. Evans & Associates for more information.
Copyright The Law Offices of Jonathan W. Evans & Associates
More information about The Law Offices of Jonathan W. Evans & Associates
View all articles published by The Law Offices of Jonathan W. Evans & Associates
Disclaimer: While every effort has been made to ensure the accuracy of this publication, it is not intended to provide legal advice as individual situations will differ and should be discussed with an expert and/or lawyer. For specific technical or legal advice on the information provided and related topics, please contact the author.
