Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, PA 19020
Telephone: (215) 638-4847
Facsimile: (215) 638-4867
Toll Free: 1-888-638-4847
Speak to a Lawyer, Not a Receptionist!
Copyright © 2006-2017 Law Offices of Howard G. Smith
Frequently Asked Questions about Securities Fraud Cases
1. What is a securities fraud?
Generally, when an officer of a publicly traded corporation
lies on the corporation's financial statements for the purpose
of increasing the value of the corporation's stock, or to keep
the value of the stock from decreasing, the officer is
committing securities fraud.
2. Why do corporate officers commit securities fraud?
A corporate officers' main job is to maximize the value of his
corporation's stock. Additionally, most corporate officers own
many shares of their corporation's stock. Generally, an
officer lies either because he is doing a bad job, and he lies
to keep his job, or he lies because he wants to keep the
price of the stock high long enough for him to sell his own
shares at a high price. The practice of a corporate officer
lying to keep the value of his corporation's stock artificially
high, and then selling his personal portfolio of stock at its
inflated value is commonly called "insider trading".
3. How does securities fraud hurt me?
If you purchase shares of stock in a company when a
corporate officer is committing a fraud you are hurt because
you are paying more for the stock than it is really worth.
4. What can I do if I am the victim of a securities fraud?
If you are the victim of a securities fraud, you can recover your
money by joining a class action lawsuit against the corporate
officers that defrauded you. If the lawsuit is successful at
trial, or if a settlement is reached, you will be paid for your
5. What is a securities fraud class action lawsuit?
A securities fraud class action lawsuit is a lawsuit where
many investors harmed by corporate fraud join together to
sue the officers that defrauded them. The defrauded
investors join together to sue the officers that defrauded
them because it would not be economically feasible for
each defrauded investor to separately sue the officers that
6. How can I join a securities fraud class action lawsuit?
You can join a securities fraud class action lawsuit simply by
filling out a form online. You may also call the Law Offices of
Howard G. Smith. Mr. Smith will personally explain to you
how to join the lawsuit and answer any questions that you
7. What is expected of me if I join a securities fraud class
Generally, absolutely nothing. In rare instances you may be
asked to provide documentation that you purchased the
stock on the dates and in the amounts that you say you
purchased the stock.
8. Does it cost me anything to join a securities fraud class
No. The Law Offices of Howard G. Smith will never ask you
for any money and will cover any cost or expense of litigation
from its own funds.