Securities here refer to stocks and mutual funds basically and the fraudulent activities associated with them. Stocks and mutual funds are quite lucrative as many provide returns which are far higher than US bank interest rates.

However, this is a highly specialized field and requires considerable knowledge about markets. It also involves knowing about the risk taking appetite based on your current income, market condition, and age of the retail investor. Purchasing stocks varies from investing in mutual funds. These funds are managed by companies who return a portion of the profit after deducting their operational costs.

Frauds involved with the securities are as follows:

• Corporate fraud
• Internet fraud
• Insider trading
• Microcap fraud
• Accountant fraud
• Mutual fund fraud
• Boiler rooms
• Short selling abuses
• ‘Ponzi’ schemes

Due to their highly technical nature, culprits are labeled as white collar criminals. Class actions related to securities fraud rose by about 43% in a period between 2006 and 2007. Securities Fraud Lawyer is an expert in class action litigation associated with securities. The lawyer has to have knowledge about the changes in the stock market and concepts of this market. He can’t just be a legal expert in such case. You may require a forensic accountant in such scenarios