Securities Fraud

Of late, the U.S. stock markets have been damaged by an unprecedented amount of corporate fraud. The actions of leading wall street investment bankers and stock analysts along with corporate executives and the worlds most prominent accounting firms have had a catastrophic effect on individual investors and corporate employees who have seen their investments or retirement accounts evaporate.

Gibbs & SellersWe are representing several investors who claim that large brokerage houses, notably, Merrill Lynch and Salomon Smith Barney, gave them tainted investment advice regarding certain technology stocks. We believe that brokerage houses gave investors like our clients advice to buy or hold certain stocks when they knew that these stocks should be sold and certainly not bought.

We are currently reviewing potential claims for investors in certain mutual funds regarding allegations of late trading and market timing. Late trading is alleged where certain investors are allowed to benefit from events that occurred after the 4:00 p.m. EST close of trading on mutual funds. Market timing is alleged where certain investors take advantage of other market activity.

  • Investment Fraud
  • Late Trading
  • Market Timing
  • Mutual Fund Fraud

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