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
- Wall Street warns state about auction-rate securities but ignores the small investor In the weeks before the auction-rate securities market collapsed, five Wall Street firms warned the state of Massachusetts of the danger. But small ....
- Investors Believed Dealers Would Come to the Rescue Organizations that invested in auction-rate securities mistakenly believed that the dealers who sold the instruments would support the auctions, ....
- Massachusetts files fraud charges against UBS Massachusetts regulators filed civil fraud charges against UBS Financial Services on June 26 for allegedly claiming that risky auction-rate securities ....