Securities violations can result in civil liability and, in more extreme circumstances, criminal liability. We defend securities violations claims in litigation involving brokers, agents, investment-advisors, brokerages, etc. for allegations such as misrepresentations, omissions, state securities violations, federal securities violations, breach of fiduciary duty, etc. Because securities claims are often intertwined with more “traditional” business litigation…
Legal Articles
Civil Liability: Missouri Securities Violations
In securities fraud cases, there is always going to be a victim who suffers from the wrongdoer’s illegal securities transactions. Under Missouri law, that victim generally has a private cause of action. Pursuant to RSMo 409.5-509(b)(1), the victim (i.e., now a plaintiff ) may seek a remedy at law for money damages to cover compensatory…
Efficient Breach of Contract
Efficient Breach of contract is a controversial theory. In short, it holds that it is sometimes better and more economical to voluntarily breach an existing contract (eating the damages from the breach) for the purpose of entering into a newer, more efficient contract. It is predicated upon the fact that it would be more costly…
Insider Trading
Insider trading is a term we hear every so often in the media. Mark Cuban was charged with insider trading. Martha Stewart was charged with insider trading. Gordon Gekko, the antagonist from the 1980s movie “Wall Street,” was charged with insider trading. What precisely is insider trading? The Securities and Exchange Act of 1934 was…