Denver Securities Fraud Attorneys
Dedicated to recovering losses for victims of Colorado securities fraud
Securities fraud can happen to anyone, whether you are a first-time or a seasoned investor. If you become a victim of securities fraud, it is important to know that you have rights. Federal and state laws may provide a legal remedy for victims of securities fraud to recover losses.
For more than 40 years, our experienced attorneys have kept up-to-date with changing state and federal laws and provided clients with smart and aggressive representation through settlement, mediation, arbitration or litigation. Clients may also be entitled to compensation for the loss of income their investments should have generated, the interest on their losses and their legal fees. The attorneys at Gersh & Thomaidis, LLC can advise you on your legal options for your specific case.
Types of securities fraud
Securities fraud can be committed by accountants, brokers, investors and other individuals who handle money for investments. The securities fraud lawyers at Gersh & Thomaidis, LLC handle all types of securities fraud cases, including:
- Advance fee schemes ― This fraud requires a payment up front before the deal can go through. This payment can be called a fee, tax, commission or incidental expense to be repaid later.
- Affinity fraud ― This fraud targets members of identifiable groups, such as elderly people or religious or ethnic communities. The schemers pretend to find common ground with these groups.
- High-yield investment programs ― These are unregistered investments run by unlicensed individuals promising incredible returns at little or no risk to the investor. The Internet is full of these fraudulent programs.
- Pyramid schemes ― Participants attempt to make money solely by recruiting new participants with a promise of very high returns. The promoters make the program look like a multilevel marketing program selling legitimate products or services. Money from new recruits is used to pay off early-stage investors until the pyramid collapses.
- Prime bank investments and other unconventional investments ― Investors’ funds will be used to buy and trade prime bank instruments, mortgage-backed securities and other unconventional investments. Promoters make the schemes appear legitimate, using complex, sophisticated and official-sounding terms.
- Pump and dump ― This scheme happens in two parts. First, promoters try to boost the price of a stock (pump it up) with false or misleading statements about a company. Then the promoters sell their own holdings of the stock, dumping shares into the market.
- Churning ― Churning is the excessive buying and selling of securities in a customer’s account by a broker for the purpose of generating commissions.
- Margin trading ― Unauthorized margin trading or margin trading occurs without explaining the high risk involved.
A securities law firm in Denver that means business when protecting you
To learn more about your rights if you have been the victim of any type of securities fraud, call 303-293-2333 or contact the firm online to schedule a complimentary initial consultation. We understand what is at stake for you.