Securities and Financial Fraud | The American Association For Justice

Securities and Financial Fraud

Description:

Claims involving securities negligence and stock market analyst fraud are new, exciting practice areas for many AAJ members. The number of traditional trial attorneys expanding the breadth and scope of their practice into securities litigation is growing at a tremendous rate. For the past year, across the country established personal injury, commercial litigation and mass torts firms have been actively advertising for, evaluating, and filing securities claims with the NASD, NYSE, AAA and in state and federal court. The landscape of the issues and claims specific to such a practice grows daily with the ever-increasing reports of conduct within the financial services industry giving way to both criminal and civil liability. Most recently, ten of the nation's largest securities firms agreed to pay a record $1.4 billion to settle government charges involving abuse of investors during the stock-market bubble of the late 1990s. This settlement, however, was reached between the brokerage houses and NASD, NYSE and SEC, and has accomplished little, if anything, to recoup losses suffered by individual investors. The Securities and Financial Fraud Litigation Group was formed to assist trial lawyers in the preparation, arbitration, and trial of both traditional and emerging causes of action stemming from Wall Street abuses. The goals of the Group are to promote the sharing of information and research, arbitration and trial strategies, and evolving expert opinion in the area of securities negligence and Wall Street analyst fraud.

Background:

Formed in October 2003.

Benefits & Resources:

The Group plans to establish a list serve, publish a newsletter, and sponsor regular seminars and conferences on emerging trends and developments in securities and analyst fraud litigation.

Meetings:

AAJ Annual and Winter Conventions, or as needed by group members.

Membership:
Open to Regular, Sustaining, Life, Leaders Forum, and President's Club members.
Cochairs:

Michael Barry
Grant & Eisenhofer, PA
123 Justison St.
Wilmington, DE 19801
Phone: 302/622-7000
mbarry@gelaw.com

Jeremy Lieberman
Pomerantz Law
600 Third Ave., 20th Fl.
New York, NY 10016
Phone: 212/661-1100
jalieberman@pomlaw.com

Scott L. Silver
Silver Law Group
11780 W. Sample Rd., Suite 103
Coral Springs, FL 33065
Phone: 954/755-4799
ssilver@silverlaw.com

William B. Young
Colling Gilbert Wright & Carter
801 N. Orange Ave., Suite 830
Orlando, FL 32801
Phone: 407/712-7300
wyoung@thefloridafirm.com

Dues:
$250/attorney