Securities & Financial Fraud
Zimmerman Reed provides extensive, nationwide representation in both state and federal courts to institutional and individual investors, and to a variety of governmental and public entities. We have worked on numerous matters aimed at protecting consumers and businesses injured by fraud, deceptive trade practices, and anticompetitive behavior. Our successful public sector representation even extends to the U.S. Supreme Court. Our securities practice developed in response to a need we recognized: an opportunity to represent institutional clients as they bear the brunt of financial devastation after being wronged, often times by scheme and deception.
Our expertise in the relevant legal and regulatory framework and our demonstrated ability to prevail against the defenses unique to those cases is what sets us apart from other firms. Zimmerman Reed is a nationally recognized leader in class action and complex litigation and has been appointed Lead Counsel in numerous complex cases, including actions brought under the Private Securities Litigation Reform Act (PSLRA), in courts across the country. We have successfully represented individual investors with claims of securities fraud, institutional clients in PSLRA actions, and minority shareholders in actions related to mergers and acquisitions. In other cases, we represent current and former employees who hold company stock in a retirement vehicle—including traditional pension plans, 401(k) plans, and employee stock ownership plans (“ESOPs”)—and who seek recovery of losses due to a loss in value of the employer’s stock price based on a violation of the Employee Retirement Income Security Act (ERISA).