A complex and highly-specialized area of law, securities litigation involves the application of intricate securities law. The cases are typically sensitive and involve high-stake issues. As a result, it often leads to considerably massive monetary and damage awards as well as negative publicity for the parties involved.
Securities attorneys who work on these cases should be experienced in all types of securities claims and matters involving litigation before arbitration panels, courts, and regulators.
Clients requiring the services of securities lawyers include accounting firms, investment banks, hedge fund lenders, and majority shareholders. Most are from the banking and financial industry.
The general term refers to the enforcement and regulation of securities laws enforced and regulated by the federal and state. The federal agency overseeing the registration, purchase, sale, and reporting of securities is the Securities and Exchange Commission. SEC’s goal is to keep the markets efficient and protect the investors by enforcing these securities laws.
When it comes to violations of these laws, the agency and its staff conduct civil enforcement sanctions at the federal level. It may carry out a parallel investigation with the Department of Justice if the case involves criminal activity. If this happens, it may result in severe penalties – hefty fines, permanent injunctions, and even jail time.
That’s why it’s essential to understand what it entails. In this video by Reel Lawyers, you’ll learn exactly what securities litigation is.
