Articles Posted in Securities Fraud

A recent study published in Accounting Review explored whether firms that use “overly optimistic” language in their disclosures are more likely to be sued by investors. While it is unreasonable to expect a firm to deliberately use language that will cost them business, disclosures should always be grounded in reality — and there is a…

In the United States District Court for the Southern District Court of New York, a class action has been filed against Veolia Environment S.A. on behalf of its purchasers. The class action is regarding American Depositary Shares (ADSs) for the Class Period of April 27, 2007 through August 4, 2011. Veolia Environment S.A. allegedly violated…

The Securities and Exchange Commission (SEC) has issued two investor alerts regarding the use of social media sites as a means for perpetuating investment fraud. Investors who have been the victims of fraud through social media are encouraged to seek the council of an investment attorney to find out about their legal rights and options…

Stock broker fraud attorneys are all too familiar with the idea that many people believe that investing with friends or members of their own community protects them against investment fraud. However, this is simply not the case. Investors are often swindled be fraudsters within their own community. They will swindle their family, friends, coworkers —…

Stock fraud lawyers are seeking clients that have been the victim of stock broker fraud through the use of self-directed IRAs. Self-directed IRAs are held by a custodian or trustee and allow for investment in a broader set of assets than traditional IRAs. The custodial processes associated with self-directed IRAs gives investors a sense of…

Allegations have been made that Pacific Biosciences of California Inc. (PacBio), as well as some of its officers and directors, knowingly or recklessly failed to disclose information and/or made materially misleading statements. These statements, along with the alleged failure to disclose information, would be in violation of the Securities Exchange Act of 1934 and, as…

Investment attorneys are encouraging individuals who invested with Lloyds Banking Group related to the class action lawsuit filed on November 23, 2011, to explore all possible loss recovery options. The class action lawsuit was filed in the United States District Court of the Southern District of New York and applies to the class period running…

A major concern in the investment industry is that investors should be, but often are not, provided with sufficient and accurate information on their investments which will allow them to make informed investment decisions. A recent Financial Industry Regulatory Authority (FINRA) securities arbitration case resulted in Barclays Capital Inc. being fined for failure to adequately…

A recent securities arbitration proceeding regarding Weyerhaeuser stock has investors seeking representation for potential claims. According to the recent claim, which was filed with the Financial Industry Regulatory Authority, a retiree who held a concentrated position in Weyerhaeuser stock sustained $200,000 in damages. The claimant inherited the stock upon the passing of his mother; he…

Three actions have been filed against a trio of Massachusetts investment advisers, accusing them of having defrauded investors resulting in the loss of millions. Though investment advisers are held to standards that are more strict than that of broker-dealers, investment attorneys would like to remind investors that they are by no means safe from fraud,…