The Securities Litigation Section is led by David Clouston (Dallas).
On a nationwide basis, we represent clients in all major areas of securities law and handle claims involving broker-dealers, investment advisors, financial planners, clearing firms, and brokers. We represent clients before self-regulatory agencies, state and national regulatory agencies, in customer disputes and shareholder class actions. We assist firms in conducting internal investigations related to suspicious activity.
We have tried scores of cases to verdict over the last 20 years and our team has honed the specific skills necessary to try these cases efficiently and effectively, often with limited discovery mechanisms available in arbitration.
Our attorneys appear nationwide in federal and state courts and federal and state regulatory agencies and regularly appear before:
- The Financial Industry Regulatory Authority (FINRA)
- The American Arbitration Association (AAA)
- The United States Securities Exchange Commission
- State regulatory authorities
A critical part of our practice is providing preventive, proactive, problem-solving advice that is practical.
We counsel clients on how to avoid regulatory pitfalls, by holding continuing education seminars and implementing training programs.
What We Provide:
- Advice on avoidance of problems and disputes by working closely with clients on compliance, regulatory issues, and disclosure requirements.
- Development of sound preventative steps and procedures to recognize potential issues and remediation measures.
- Handle internal and government investigations on behalf of boards of directors or committees.
- Provide an efficient and cost-effective defense of directors, officers, and employees of publicly traded companies.
- Conduct internal investigations related to suspicious activity to discover and offer remedial alternatives before the issue becomes an external regulatory action or complaint.
- Defense covering claims such as suitability, churning, unauthorized trading, breach of fiduciary duty, fraud and misrepresentation, negligence, and failure to supervise.
- Litigation and arbitration involving products such as auction rate securities, mortgage backed securities, options, collaring strategies, annuities, margins, life settlements, alternative investments, and all types of stocks, bonds, and mutual funds.