Long Island Securities Fraud Lawyers

Securities litigation is a very complex area of the law. Securities Fraud is the violation of rules and laws created for the protection of public investors, particularly through various deceptive actions and schemes to cheat or take advantage of investors.  Like many other types of financial fraud, the web of offenders in securities fraud can include stockbrokers, promoters, traders, accountants, and lawyers. Professionals like these working together can defraud stockholders out of billions of dollars. Although the idea of boiler room schemes pushing worthless penny stocks upon unsuspecting victims comprises part of the problem, the SEC and federal courts have imposed both civil and criminal sanctions upon such diverse groups ranging from organized crime rings to high school students.