When multiple investors have suffered damages because of fraud and wrongful business by Wall Street brokerage firms and their stockbrokers, these investors can bring a securities class action suit. Often, a class action suit is a good option for investors whose losses have been relatively small, and whose claims would not be worth pursuing as an individual. Class action suits allow many investors who couldn’t afford to pursue compensation individually to pursue compensation as a group.
While the damages done to these investors may seem relatively insignificant, for small investors these losses can be painful. Because these investors could never pursue recovery on their own, large corporations would go unpenalized if not for class action suits. This way, investors are able to level the playing field and force brokerage firms to take responsibility for their violation of securities laws.
We have helped thousands of clients around the nation get compensation for claims regarding botched transfers, broker bribes, commission churning, “boiler room” sales practices, disappearing funds, excessive mark-ups, execution failures, fraudulent research, improper margin liquidations, unregistered securities, unregistered brokers, and many other fraudulent acts. We’ve successfully represented victims against major Wall Street institutions and other top brokerage firms in the nation. Our attorneys will help you assess whether you can pursue recovery through a securities class action suit, and we’ll help you receive the compensation due to you.
The Law Offices of Place & Hanley, LLC is committed to assisting investors who have been victimized by brokers and brokerage firms. To get more information and learn how we can assist you with your securities fraud claim, contact our team today for a free initial consultation.