Securities Fraud Whistleblower Lawyer
Do you know of stock fraud that is actively taking place? You could be rewarded for reporting what you know to the SEC. Work confidentially with lawyer helping securities fraud whistleblowers.
Securities fraud is a large problem in the investment world. Securities fraud can be any action or business practice that attempts to deceive investors. Usually it results in major losses to victims while enriching or otherwise benefiting the fraudster.
The Securities and Exchange Commission (SEC) offers large financial rewards to those with info exposing this illegal activity. Becoming a whistleblower is a hard choice. The reward from the SEC can easily be worth millions if the securities fraud is significant enough.
There are risks involved, however. This is why you should give your tip through a securities fraud whistleblower lawyer from Meissner Associates. This can protect your anonymity. It will also see that you are informed of the result your info is likely to yield.
How Do You Recognize Securities Fraud?
The securities industry is complicated. It can be hard to identify fraud. This makes securities fraud whistleblowers key to enforcing the industry’s many laws and regulations.
Most securities fraud has to do with stocks and investments. The fraud itself can take many forms and deal with:
- how stocks are sold
- what info is given to investors
- whether securities are properly registered
- whether stocks are being manipulated
Here are examples of fraud a fraud whistleblower lawyer could help you expose to the SEC:
- Insider Trading – This is when the trader buys or sells stocks based on information not publicly available. This info is usually gotten through the trader’s work but can also be gotten elsewhere.
- Ponzi Scheme – This occurs when a business pays its investors from funds paid by other investors rather than through earnings. A Ponzi scheme often doesn’t have a way to make money other than by bringing in capital through more investors.
- Offering Fraud – Sometimes companies misrepresent a stock through offers and info that are too good to be true. Unwary investors may purchase stocks, thinking they’re making an investment that’s a guaranteed return.
- Embezzlement – Embezzlement is a sneaky type of theft. The embezzler finds a way to transfer assets, usually to him or herself, and usually in small amounts spread out over time.
- Failure to Disclose – When a company or trader conceals info that could influence an investor’s decision, it is a failure to disclose. This could be a failure to disclose fees, a scandal, financial losses, or even a breach of cybersecurity.
- Short Selling – This is when a trader anticipates a stock’s price is about to drop and then sells borrowed (or soon to be borrowed) shares of that stock. The trader doesn’t actually own the stock at the time of the sale—someone else does. Once the stock drops in price, the trader then buys the shares back and returns them to their owner, keeping the difference in sales and buying prices as a profit.
Why Become a Securities Fraud Whistleblower?
There are two reasons. First, exposing stock fraud protects investors from becoming victims. As mentioned, the securities industry is complicated. Unethical people can easily defraud others. By exposing financial wrongdoing, you could save the futures and finances of many.
Second, by submitting an actionable tip to the SEC, you stand to receive a financial reward. It may even be worth millions of dollars. If the SEC collects monetary sanctions in excess of $1 million thanks to the info you provide, you could receive between 10 and 30 percent of the funds collected. It depends on how critical your tip and involvement were to the SEC investigation.
By submitting your tip through a securities fraud lawyer from our firm, you can also remain anonymous. The SEC only allows this when you go through a lawyer. So in the end, you can protect your identity, help others, and be financially rewarded.
What Protections Do Securities Fraud Whistleblowers Receive?
Thanks to the Dodd-Frank Act, securities fraud whistleblowers have substantial legal protections when their info results in a successful SEC investigation. You are protected from retaliation resulting from your securities fraud tip.
So if you are exposing the company you work for, you cannot be demoted, harassed, fired, threatened, or suspended. If an action is filed against you in New York that relates to your SEC tip submission, your securities fraud lawyer from Meissner Associates will defend you as part of our retention agreement.
Securities Fraud Whistleblower FAQ
It’s natural to hesitate when it comes to blowing the whistle on stock fraud. But if the SEC feels you waited too long before acting, it can reduce your award amount. With that in mind, in this section we’ve offered answers to a few common questions. These might help you make the decision to submit your tip for a confidential evaluation by a whistleblower lawyer.
Can I be a securities fraud whistleblower if I was involved in the fraud?
You can. But it is possible that your involvement will expose you to criminal prosecution. Your potential reward will likely also be reduced. If this is your situation, be sure to submit your confidential tip with full details. We can let you know what to expect.
Who is most likely to be a victim of securities fraud?
People over the age of fifty are the most common victims. These are generally individuals who are seriously planning for retirement. By blowing the whistle, you can protect their future well-being. Losing one’s life savings is very difficult to recover from—both financially and emotionally.
What happens if someone else has already informed the SEC of the fraud I want to report?
As a condition of receiving a financial reward, the SEC requires that the info you supply is original. This means if another whistleblower beats you to the punch, you will lose your chance at collecting a reward. This makes it important to submit your tip quickly.
Seek Help from a Stock Fraud Whistleblower Lawyer
Meissner Associates has a long history of helping whistleblowers expose fraud and corruption. We helped a whistleblower recover the largest accounting-related reward to date: $22.4 million. We know how to frame your tip to catch the SEC’s attention.
The tip you submit for review by a securities fraud whistleblower lawyer is completely confidential. In return, you’ll receive an honest assessment. There’s no risk involved. Give us a call at 1-866-764-3100. You can also complete the form below.