Securities Fraud Class Actions
If you purchased shares of a publicly
traded company trusting that the marketplace had properly valued the
stock based on the complete mix of information available, and it later
turns out that the price you paid for your stock was inflated because
the company was dishonest about important adverse information, or hid
such information, and the price of the company's stock goes down
significantly, you may be a member of a defrauded class of shareholders,
eligible to pursue a class action claim under federal securities laws to
recover your losses. A class action claim for securities fraud may be
brought by an individual plaintiff on behalf of all persons similarly
situated, or by a group of representative plaintiffs.
These cases are brought with the assistance of experienced class action
counsel, who will bear the costs of prosecuting the case and apply for a
fee, to be approved by the court, only upon the successful conclusion of
the case. Any settlement of a class action case which would bind the
members of the class of injured persons who are not represented
individually by counsel (the absent class members), must be approved by
the court as fair, reasonable and adequate.
Schubert Jonckheer Kolbe & Kralowec, and its predecessor firms, has represented
plaintiffs in class action cases for more than twenty years. The firm
specializes in representing shareholders defrauded in the stock market
and has prosecuted more than 80 shareholder fraud class actions in more
than 30 different courts since 1996.
