“I am not going to answer your trick questions, Mr. Wisenberg.”

President Bill Clinton

Securities Fraud Defense Lawyer

Who Gets Charged With Securities Fraud?

  • Corporate executives suspected of insider trading
  • Business executives accused of making false accounting entries
  • Investment brokers who allegedly misrepresent financial products
  • Investment club organizers who give investment advice or sell securities without a license
  • Company employees who run afoul of the Foreign Corrupt Practices Act’s books and records provisions, which are part of federal securities law

I am securities fraud defense attorney Solomon L. Wisenberg and the author of the book White Collar Crime: Securities Fraud, published by Thomson Reuters — one of the world’s leading legal publishing houses.

I have achieved positive results for many clients who were under investigation for, or charged with, securities fraud.

Success in Securities Fraud Cases

  • The vice president of a publicly traded corporation was indicted in a major securities fraud prosecution in the U.S. District Court for the Southern District of New York. After two years of intense pre-trial litigation, all charges were dismissed by the government prior to trial.
  • A corporation’s president was investigated and questioned as part of a major federal white collar investigation, conducted by the U.S. Attorney’s Office for the Central District of California, into corruption among securities class action law firms. I negotiated an immunity agreement for his client. No charges were filed.
  • The president of a Texas corporation was charged with securities fraud in a complaint filed by the SEC in the U.S. District Court for the District of Columbia. I negotiated a no-fault civil settlement.
  • A North Carolina businessman was found guilty as part of an alleged securities fraud scheme. The client hired me after the trial to represent him at the sentencing hearing in the U.S. District Court for the Eastern District of North Carolina. The client’s recommended U.S. Sentencing Guidelines range was 108-135 months in prison — roughly nine to 11 years. I presented comprehensive written and oral materials to the U.S. District Court and argued for a downward variance under United States v. Booker. The court sentenced my client to probation.
  • A California broker was accused of fraud by the Securities and Exchange Commission (SEC) in connection with a major day-trading investigation. The broker entered into a civil settlement agreement with the SEC. No criminal charges were filed.

Publicly traded companies that make false statements on quarterly and annual statements to the SEC are at risk of being charged with securities fraud. Those who allegedly help the company cook the books, even mid-management and low-level corporate employees, are also at risk. So too is anyone who is aware of the wrongdoing and assists it in any way, however minor.

Consider Your Priorities

Corporate executives can lose their jobs if they do not cooperate with an SEC investigation. Giving testimony to the SEC, however, may result in criminal indictment or strengthen the government’s criminal case against you, because the SEC can and does turn over records of its civil fraud investigations to the Department of Justice.

I help my clients weigh their options. Losing a high-paying executive job can be devastating, but 10 years in federal prison is far worse. To protect their own interests, citizens should consult with a white collar defense lawyer experienced in handling securities fraud allegations, before participating in any securities fraud investigation being conducted by the Securities and Exchange Commission (SEC) or the Department of Justice (DOJ).

Contact a Securities Fraud Defense Attorney

Feel free to contact me, white collar criminal defense lawyer Solomon L. Wisenberg, at the Washington, D.C., law offices of Nelson Mullins Riley & Scarborough, LLP, using the online form. I represent clients facing securities fraud charges nationwide.

You can also call me at 202-689-2922 (direct dial) or 202-257-7846 (cell phone).