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If you purchased your shares prior to the class period, please feel free to submit your information to the Law Offices of Howard G. Smith, or call and speak to Mr. Smith directly, regardless that you do not currently qualify for the lawsuit.  Even though a class period exists which does not include your purchase …

Continue reading “What can I do if I purchased all of my shares prior to the class period?”

When an attorney drafts a lawsuit against corporate wrongdoers, the attorney first looks for bad news that results in a precipitous drop in the Company’s share price. The bad news is called a “corrective disclosure,” because the news corrects the market price of the stock to where it should have been but for the fraud. …

Continue reading “How is the class period determined?”

The class period is the time period during which the lawsuit alleges that corporate officers were misleading investors and thereby artificially inflating the price of the Company’s stock. You must have purchased your stock during this period of time to be included in the case.

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. 

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 …

Continue reading “Why do corporate officers commit securities fraud?”

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.

If you are the victim of a securities fraud, you can recover your money by suing the corporate officers that defrauded you. If the lawsuit is successful at trial, or if a settlement is reached, you will recover your losses.

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 defrauded …

Continue reading “What is a securities fraud class action lawsuit?”

You apply to be the lead plaintiff 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 apply to be the lead plaintiff and answer any questions that you may have.

Generally, not much.  If the court appoints you as the lead plaintiff, mostly you will have to review and sign off on documents that the Law Offices of Howard G. Smith prepares for the case.  Your lawyer will take care of most of the work in a securities class action case including preparing and filing …

Continue reading “What is expected of me if the court appoints me as the lead plaintiff?”