Legal Services
Securities Fraud Representation For
Defendants & Plaintiffs
I. Defense of Registered Investment Advisors
Bacalski, Ottoson & Dubé LLP has extensive experience in defending Registered Investment Advisers (RIA's) against claims related to losses sustained by the RIA's clients in securities fraud matters, including illegal Ponzi schemes.
In over a dozen cases over the past 4-1/2 years we defended an RIA and its managing members in securities fraud cases. The RIA had placed numerous of its investor clients in a hedge fund. After five years of solid investment returns, the SEC shut down the hedge fund as an illegal Ponzi scheme. Numerous investor clients who lost money when the fund was shut down sued our RIA clients for claims totaling in excess of $40M.
We successfully defended the RIA in cases filed in U.S. District Court for the Northern District of California (San Francisco), and in California Superior Courts in San Diego County, Marin County, Sonoma County, and San Mateo County. The plaintiffs were represented by various well-respected counsel, including Covington & Burling LLP's San Francisco office; Luce, Forward, Hamilton & Scripps LLP's San Francisco office; Johnson & Miskel of Sausalito, California; Kastner/Banchero, LLP of San Francisco, and; Weisberg & Miller of San Francisco.
The plaintiffs sued our RIA clients for negligence (failure of due diligence) and violations of California and US securities laws. We defended each case vigorously. Our preparedness and willingness to go to trial allowed us to resolve all of the cases, some on the eve of trial or even during jury selection, and all to the satisfaction of our clients. We also sought out and sued other parties, such as CPAs who provided services to the hedge fund managers, who could be held responsible to indemnify our RIA clients for their losses associated with defending the claims brought by the investors.
If you are a registered investment advisor needing a skilled, experienced defense against securities fraud claims, please call us for an appointment. We can help you.
II. PLAINTIFF'S CLAIMS FOR INVESTMENT FRAUD
Bacalski, Ottoson & Dubé LLP also has wide experience representing plaintiffs in all types of business claims, including investment and securities fraud. We have represented individual plaintiffs, multiple plaintiffs in suits against a common defendant, and plaintiffs in class action claims. If you have sustained losses due to a securities fraud, such as an illegal Ponzi scheme or any other investment where your money was lost due to fraud or misrepresentation, we can help you recover on your loss via the remedies available under federal and California securities law. Please call us for an appointment.
Contact Us
If you have a securities fraud problem, please call us for an appointment with an attorney. We can provide you with sound, experienced legal advice and representation.
New clients and inquiries are welcome. We can be reached by telephone Monday through Friday, 8:30 a.m. to 5 p.m. Please contact us by email at info@bodlawfirm.com or telephone us at any of our office locations for an appointment with an attorney. We look forward to assisting you.
