Investments carry risk. Some investors, in hindsight, forget this simple point and rationalize that the other side of a transaction acted deceitfully in connection with an earlier agreement.
In some instances, however, an overzealous buyer or seller makes material misrepresentations that are relied upon by a counter-party and such reliance ends up damaging the unwitting buyer or seller.
Stradling’s securities litigation and enforcement lawyers are exceptionally well versed in handling cases involving allegations of fraud in connection with purchases and sales of securities, businesses, and assets. We have litigated such cases in federal and state courts across the United States with great success for our clients. We have prevailed at trial, bench and jury, and all pre-trial phases. Our expertise in the law and the tactics involved in these cases gives us a keen advantage over our adversaries.
An unfortunate and all too frequent form of investment litigation over the last 20 years has been the “Ponzi” scheme. A Ponzi scheme is one where, generally, an investor, through false and misleading statements, obtains access to an investor’s funds and misappropriates the funds, covering up the misappropriations by showing false returns (i.e., using one client’s money to pay a different client).
In the last 20 years, we have litigated many cases involving Ponzi schemes. We have successfully represented investors and receivers, who lost money; but we have also represented those who have been accused of assisting an alleged wrongdoer. Ponzi cases are unique and require specialized knowledge and experience; Stradling’s lawyers have the right mix of both.