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                                                Securities Fraud

                                                Securities Fraud is on the Rise

                                                The U.S. Department of the Treasury’s Financial Crimes Enforcement Network publishes a Suspicious Activity Report (SAR) twice yearly to shed light on practices in the financial services and related industries.

                                                The most recent report notes that “since the inception of mandated reporting by the securities and futures industry in 2003, SARs filed by this industry have grown every year.”

                                                In the first half of 2010, reports were up 2% over the same period in 2009.

                                                Filings characterizing suspicious activity as securities fraud were up 37% over 2009 figures.

                                                Suspicious activity involving stocks rose by 51% when compared with the first half of 2009.

                                                Source: U.S. Department of the Treasury, Financial Crimes Enforcement Network

                                                A security is an investment instrument – a stock or bond, for instance. When individuals or organizations invest in securities, they do so with the hope of growing their money. However, unscrupulous individuals or corporations may try to trick investors into buying securities based on false information about companies, about an instruments’ earnings potential, or other factors. If you have been the victim of securities fraud or if you or your company are charged with securities fraud, you’ll want to consult a qualified securities fraud attorney for advice.

                                                The New York securities fraud lawyers at the Law Offices of Ira S. Newman have a comprehensive understanding of the financial services industry and of the investment options it offers. Our attorneys recognize that regulations applicable to brokers and financial institutions are complex, and that the investment process can seem intimidating and confusing to some investors.

                                                It is that very complexity that fraud perpetrators rely on, gambling on the possibility that investors may not fully examine offerings before they purchase them. They may add time pressure, convincing the investor that a buying decision must be made rapidly if the promised returns are to be realized.

                                                At the Law Offices of Ira S. Newman, our veteran New York securities fraud lawyers have seen the devastation caused by inappropriate or questionable action on the part of investment advisors or brokerage firms. All too often, retirees lose the funds they depend on for living expenses, or institutional investors lose substantial amounts. That’s why our respected attorneys have dedicated their efforts to helping wronged investors recover their losses. We also provide representation to financial professionals or firms that face investigation or legal charges based on allegations of improprieties related to the sale of securities.

                                                The New York securities fraud attorneys at the Law Offices of Ira S. Newman have a solid reputation for their knowledege of the financial industry, for their business acumen, and for the strong representation they provide to clients seeking justice when they’ve been victims of securities fraud. Our firm can assist you with such issues as:

                                                   ● Internet securities fraud
                                                   ● Breach of contract
                                                   ● Ponzi schemes
                                                   ● Misrepresentation of securities
                                                   ● Stock manipulation
                                                   ● Pyramid schemes
                                                   ● Advance fee fraud<
                                                   ● Affinity fraud affecting elderly investors or other groups
                                                   ● Tax shelters
                                                   ● Hedge fund fraud
                                                   ● And more

                                                You’ve worked hard to build your assets, and the New York securities fraud attorneys at the Law Offices of Ira S. Newman believe you should have every opportunity to grow your wealth and to protect the money and property you’ve earned. When you suspect that a financial adviser or stockbroker is misrepresenting offerings or engaging in questionable practices, we invite you to contact our firm and schedule a consultation to discuss your concerns. Our experienced New York securities fraud lawyers can explain your rights and take decisive action on your part to help you recover losses attributable to fraudulent practices. If you believe you or your company may be charged with securities fraud, contact our firm for advice on your legal options. Call our offices at (516) 487-7375 or contact our firm online. The Law Offices of Ira S. Newman deliver representation you can trust.

                                                Practice Areas

                                                • Business Law
                                                • Civil Rights
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                                                Our Office

                                                The Law Offices of Ira S. Newman
                                                98 Cutter Mill Road
                                                Suite 441
                                                South Great Neck NY 11021-3006
                                                Phone: 516-487-7375
                                                Toll Free: 800-206-7375
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