With Wall Street and The Wolf of Wall Street, Hollywood brought us two tales of wanton greed and underhanded deals that capitalized on inside trading. Do the illegal acts of securities fraud as depicted in the two movies represent the business deals that take place on the real Wall Street? The answer is yes, with the Securities Exchange Commission (SEC) and the Federal Bureau of Investigation (FBI) primarily responsible for investigating alleged acts of unlawful securities transactions.
The FBI defines securities fraud as “criminal activity that can include Ponzi schemes, pyramid schemes, broker embezzlement, and high-yield investment fraud.” These are just four types of securities fraud that keep the SEC and FBI constantly on alert for illicit securities transactions. Securities fraud represents a form of a serious white-collar crime in which the fundamental principle involves misleading investors into making decisions they would not typically make.
If you are an investor that lost money because of securities fraud, you deserve the type of legal representation that not only gets back your money, but also makes the party responsible for committing an illegal act pay for the crime. At Morgan & Morgan, our team of securities fraud attorneys represents investors that have suffered financial losses because of fraud, negligence, and/or mismanagement. We work closely with clients such as companies, individuals, and investment funds to recover losses sustained by unlawful trading of securities like stocks, bonds, and mutual funds.
Schedule a free case evaluation today with one of the experienced securities fraud lawyers at Morgan & Morgan to determine the most effective strategy for you to recoup your losses.