“Pump and Dump” schemes

The Securities Act of 1933 and the Securities Exchange Act of 1934 require that companies whose stocks trade on national exchanges, as well as their officers and directors, provide the investing public with complete and accurate information regarding their companies. Securities fraud occurs when corporate executives disseminate false information that seeks to manipulate financial markets. Shareholders are injured when they rely on this false information to inform their decision about purchasing a company’s stock.

Additionally, investors are often injured by the unscrupulous acts of some who take advantage of the investing public trough blatant acts of fraud in the form of Ponzi schemes, Pyramid schemes, and “pump and dump” schemes.  Scott Hirsch Law Group, PLLC has extensive experience in litigating securities and financial fraud matters, helping investors who have been injured seek recovery for these wrongs.

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