Securities fraud, also referred to as investment fraud or stock fraud, can be committed in a variety of ways, but primarily involves the misrepresentation of information that investors use to make decisions. False information about a public company or its prospects can cause the price of the company’s stock to increase, or prevent the stock price from declining. Once the truth is disclosed, the company’s stock price can decline, causing damages to investors who purchased in reliance on the false information.
The perpetrator of securities fraud can be individuals (such as officers and directors the company), the company itself, or, depending on the situation and the claim, the company’s underwriters, accountants, or other related individuals or entities.
Wolf Popper routinely represents damaged and defrauded investors in class action and individual securities litigations. Wolf Popper’s reputation and experience in shareholder and other class action litigation have been repeatedly recognized by the courts, which have regularly appointed Wolf Popper to serve as Lead or Co-Lead Counsel in complex multi-district and consolidated litigations.
Wolf Popper has a stellar record spanning over 60 years in prosecuting securities class and individual actions. From 2000 to 2020, 46% of all federal securities class action litigations, excluding merger objection litigations, were dismissed. During that same period, only 8% of cases in which Wolf Popper was an appointed lead counsel were dismissed. The average settlement of federal securities class actions in which Wolf Popper was an appointed lead counsel in this time period was approximately $43 million—or nearly 35% greater than the national average settlement value of $32 million (excluding outlier settlements).
Securities litigation is our business. We will guide you through the procedures, the laws and claims, and the courts. If you have been a victim of securities fraud, please report it to Wolf Popper LLP.