Securities Fraud and Shareholder Remedies
In the view of Carey & Danis, LLC, the public markets for investors should not be manipulated, especially not by the very management who stand to benefit from such market manipulation. However, companies and their management sometimes provide the market with false or misleading information in an effort to artificially inflate their stock price. As a result, an investor may substantially overpay for these securities. Fortunately, there are state and federal law remedies available to those suffering losses as a result of irresponsible or fraudulent corporate behavior.
Carey & Danis LLC pursues numerous securities fraud cases on behalf of defrauded individual and institutional investors, acting as a "private attorney general" adjunct to the United States Securities and Exchange Commission. For example, Carey & Danis LLC is one of the firms that recently sued Charter Communications, alleging questionable accounting practices.
Product Liability Attorney Blog: Auction Rate Securities
- Carey & Danis LLC Announces Auction Rate Securities Class Action Lawsuit Filed Against H&R Block NEWS RELEASE March 27, 2009 Carey & Danis LLC Announces Auction Rate Securities Class Action Lawsuit Filed Against H&R Block St. Louis, MO – The law ....
- Auction-Rate Securities Investors Continue to Struggle Glenn and Norma Linke, a retired couple living in St. Louis, thought their money had been invested safely. But last year, when they asked their broker ....
- Bank of America Agrees to Pay $4.7 Billion Bank of America Corp. has agreed to buy back as much as $4.7 billion in auction-rate securities as part of a settlement announced Wednesday. According ....