Las Vegas Firm Helps Clients Root Out Securities Fraud and Financial Injury

Attorney works with Nevada certified fraud examiner to hold wrongdoers accountable

Identifying securities fraud and obtaining a proper legal remedy require skillful guidance from experienced professionals. Reliance Law Firm in Las Vegas helps clients who have incurred financial harm due to the illegal acts of others. Under federal law, the crime of Securities Fraud is a Class C felony, punishable up to 20 years in prison, three years of supervised release and $5 million in fines. Additionally, disgorgement of any profits can be ordered and any property obtained from the proceeds of the offense can be confiscated. Our firm does not prosecute or defend criminal defendants. Instead, we focus on securing justice for clients through civil litigation that requires extensive research, preparation and resources. We have on staff a certified fraud examiner with a specialization in securities fraud.

How a certified fraud examiner can help Proving fraud is the first step toward recovering funds lost due to the unlawful acts of others. As a certified fraud examiner, Willy Saint-Hilaire, CFE is qualified to do this. After fraud has been identified and verified, the next step is commencing legal action. Our firm has decades of experience pursuing civil actions seeking the recovery of investment losses for thousands of clients. Many of these cases have involved complaints to the Financial Industry Regulatory Authority (FINRA) and Securities and Exchange Commission (SEC).

What is securities fraud?

Securities fraud can be defined as a deceptive act or practice involving the purchase or sale of securities. This term encompasses a wide spectrum of illegal activities. The liquidity of securities can be negatively affected when someone commits fraud, possibly triggering substantial financial losses to investors. Securities law violations can consist of the following types of misconduct:

  • Material misstatement or omission in a financial statement
  • Misleading information in the press or on social media
  • Financial harm suffered due to negligence or nonperformance
  • Failure to register securities or to comply with applicable laws
  • Trading by someone who lacks authorization
  • Misuse or misappropriation of a client’s securities
  • Manipulation of a stock price
  • Insider trading
  • Excessive fees or markups
  • Providing harmful advice with the intent to defraud

The securities fraud perpetrator can be a stockbroker, financial adviser or someone with no qualifications or certification within the securities industry. Brokerage firms, corporations and financial institutions such as investment banks might also engage in these illegal activities. In many cases, the complexities of stock transactions and other financial matters can make it very difficult to detect fraud on your own. Our certified fraud examiner knows how to investigate complex situations and discover what actually occurred.

Contact an accomplished Nevada firm to discuss a securities fraud issue

Anyone in Nevada who has experienced an investment loss or some other financial injury possibly related to securities fraud should contact Reliance Law Firm in Las Vegas. We will discuss the facts of your particular situation and the legal options and remedies available to you. Please call 702-205-3500 or contact us online for a consultation.