Securities and Financial Litigation
Our Securities and Financial Litigation lawyers have represented many different entities in financial services litigation matters in federal and state courts, and in industry arbitrations not only as defendants, but as plaintiffs as well. Sometimes, the loss is too great, or the circumstances too egregious, for an institutional investor to avoid taking action. These are the instances where we can use our unique history to assist institutional investors who have suffered a major fraud loss.
Because our Securities and Financial Litigation lawyers handle work on the defense side we understand the typical mind set and strategy of our adversaries as well as the concerns that institutional investors have about being a plaintiff. We offer the investor a law firm that has the sophistication, the experience, and the flexibility to structure a fee arrangement that will meet the client’s needs. Most importantly, we have skilled trial attorneys with years of experience trying cases and a reputation for doing so when required.
Our Clients
Investment Managers
Mutual Funds
Insurance Companies
Public Pension Plans
Hedge Funds
Foundations
Accredited Individual Investors
Our Experience
At Robins, Kaplan, Miller & Ciresi L.L.P., we have a team of experienced trial lawyers, corporate securities lawyers and in-house Financial and Economic Consultants who provide substantial knowledge and assistance on cases.
Today, credit derivative markets, collateralized investments, and other structured investments vehicle products are top-of-mind. In credit derivative markets, our attorneys have focused particularly on credit default swaps. In collateralized investments and other structured investment vehicle products, our attorneys have ongoing case work and are continuing to conduct other investigations.
Preferred stock offerings such as those of Fannie Mae and Freddie Mac and Rule 144A bond offerings are other areas of ongoing case work and investigation for our attorneys.
We are also handling investigations in other equity investments and potential losses related to alleged ponzi schemes.
Much of our experience is reflected in the “Selected Results of the Firm.” These results demonstrate examples of our experience in handling large, sophisticated, complex matters. Our focus within the firm is on trial and litigation skills, and our reputation for being willing and able to try cases, means that when we appear in a case, our adversaries should expect the seriousness with which we approach our matters. We believe our involvement shows others that this case is an important matter for our client.
Among the selected results are cases in which we represented mutual funds, hedge funds and investment managers which suffered substantial losses on investments due to fraud or reckless conduct on the part of those who sponsored and promoted the investment. These cases involved offerings to institutional investors only, and due to the limited number of investors, and the desire of the investors to control their own fate, the investors pursued their claims individually and not as part of a class.
Even where a class is formed, which is more likely to occur with a public offering, large investors may find it more advantageous to pursue their claims individually. Securities class actions typically recover just 1% to 10% of the estimated damages according to Post-Reform Act Securities Law Suits: Settlements Reported Through December 2003 published by Cornerstone Research. In our experience in the antitrust arena, plaintiffs which opt-out of the class action procedure and pursue their claims individually often feel more in control of their own success than plaintiffs who remain part of the class. This same philosophy can be brought to securities actions.
Litigation Practices > Securities and Financial Litigation