What Does a Securities Lawyer Do?If you're an investor or shareholder in a company, a securities attorney protects you by ensuring a company is following all the rules and regulations that are associated with selling stock. An attorney can check into any company that you're thinking of buying into, and then if you are taken advantage of, can represent you in court.
How Do I Know If I Need a Securities Lawyer?Some common reasons you may need a securities attorney:
- You're unsure of the trustworthiness of a company you'd like to buy stock in
- You lost money in a company you bought stock in because of:
- Insider trading
- Investment fraud
- Failure to follow trading requirements
- SEC filings
How Much Does a Securities Lawyer cost?Not every lawyer chooses to bill in the same way, but many securities attorneys charge either an hourly rate or a contingency. With a contingency fee, there are no upfront costs and your lawyer takes a percentage only if you win your case. It's likely that you will only be charged on a contingency basis if you have a very strong case and the opportunity to win a lot of money. Talk to your lawyer and set up a payment rate up front.
What Should I Expect When Working with a Securities Lawyer?Unfortunately, once money has been lost due to unfair trading practices, it's hard to regain it. Securities lawyers gives you the best shot at taking back your money because they understand the court procedures and intricate laws surrounding selling stocks. You can expect a long process full of investigations and inquiries. Before you invest in a company, you may want to have a lawyer check on the validity of the company's claims so that you can make the wisest use of your money.
This article contains general legal information and does not contain legal advice. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.