There are a variety of categories of alleged activity that could get charged as security fraud. One of the main instances of securities fraud is a member of a company that has issued securities or executives at a company that has issued securities making misrepresentations about the state of the company’s affairs in an effort to increase or prevent a decrease in the value of the stock.
There are also issues that arise when someone is accused of engaging in something that is deemed to be a security without a license. If you are facing securities fraud charges, you should seek the services of a dedicated securities fraud lawyer right away. An accomplished attorney who is experienced with DC securities fraud cases could advocate for you and possibly help you reach a favorable outcome to your case.
The alleged activities that people get charged with are most commonly allegedly making misrepresentations about the state of a company that issued stock in an effort to manipulate the stock. There are also other various alleged activities that go toward the more general category of stock manipulation, whether it be buying or putting in numerous purchase orders for stock and then canceling all but one order, which can move the price of the stock up artificially. There are other various allegations of stock manipulation that can be charged as securities fraud.
An allegation of securities fraud is an extremely serious allegation. DC securities fraud cases are treated seriously by prosecutors and judges. These cases typically involve large amounts of money, so the potential of the federal sentencing guideline is usually high because they are money-driven crimes.
Securities fraud investigations can take months to years, depending on the complexity of the investigation. From the time someone is charged, depending on the jurisdiction in which they are charged, a securities fraud case can take anywhere from several months to about two years. Due to the penalties a defendant could face, it is crucial for them to get in touch with a skilled lawyer as soon as possible.
There are serious potential collateral consequences to a securities fraud charge. First, criminal securities fraud charges often arise out of SEC investigations that are sometimes called parallel investigations. It might also be parallel investigations by, depending on the subject matter, the Commodities Future Exchange or other investigative agencies.
When those initial investigations arise, they must be careful because those involve potentially significant civil penalties and the loss of license to sell security. But if it is just on its own, a criminal charge and/or criminal conviction can have huge collateral consequences, such as the loss of license to sell securities, civil penalties, and the inability to get further employment. Also, it could affect other federal government benefits.
A defendant could be facing jail time and expensive fines. If you have been charged with securities fraud, you should contact a well-versed defense attorney today. A lawyer who is knowledgeable about DC securities fraud cases could be of great benefit to you.
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