Securities Class Action Lawyers Helping Investors Protect Their Rights.

A securities class action, or securities fraud class action, is a lawsuit filed by investors who suffered economic injury due to transacting in a company’s securities within a specific timeframe and as a result of violations of the securities laws.

On average, these cases take two to four years to resolve. Because there can be long periods between filings and updates, we recommend that you log in to CORE (Compensation Recovery) to get signed up for email alerts.

Investors who fall within the applicable class definition are called “class members.” To be included as a potential class member, you generally must have purchased or otherwise acquired the company’s securities during the applicable class period.

A “paper” or “unrealized” loss means that you still own shares in the company, but those shares are worth less than they were when you purchased them. Generally, investors with unrealized losses may still be included as potential class members, provided they acquired the securities during the applicable class period.

A Lead Plaintiff represents the interests of themselves and the other members of the class (i.e., shareholders in the company being sued). The main benefits of being the Lead Plaintiff are:

(1) you have a say in how the litigation goes (e.g., whether to accept a settlement offer);
(2) you are kept in the loop with what goes on in the case throughout the whole lifespan of the case (2-3 years);
(3) if successful, we may ask the Court to approve reimbursement of reasonable costs and expenses, including lost wages where appropriate, that were directly related to your service as Lead Plaintiff. Any such reimbursement is subject to court approval and is not guaranteed.

Your primary responsibilities as the Lead Plaintiff are to represent the interests of the shareholder class and ensure that your lawyers at Levi & Korsinsky, LLP, if the firm is appointed to serve as counsel for the class, work to protect the interests of the class and pursue the litigation consistent with their professional obligations. We will update you from time to time about certain events in the litigation as it progresses and, if discovery is necessary, we will help you collect, review, and produce whatever materials are necessary (such as brokerage statements, research reports, and correspondence with brokers). If your presence is ever needed for a court proceeding, including a deposition, we will either make sure you can appear virtually or pay for all travel and travel-related costs.