Securities Litigation & Arbitration

Our firm has a long and distinguished history of success in field of securities litigation.  For example, we obtained the largest judgment (and settlement) ever won under Section 16(b) of the Securities Exchange Act of 1934.  Dreiling ex rel. InfoSpace, Inc. v. Jain, 281 F. Supp.2d 1234 (W.D. Wa. 2003) (entering judgment for $247 million).  We had previously obtained the third largest settlement under Section 16(b). We have successfully prosecuted complex suits against some the largest companies in the world for violations of the securities acts.  Dreiling v. American Express, 458 F.3d 942 (9th Cir. 2006).  Many of our cases are groundbreaking, involving new or unique issues under the law.  For example, we represented the prevailing party in the major state Supreme Court decision defining a “security” under the Washington State Securities Act.  Cellular Engineering, Ltd. v. O’Neill, 118 Wn.2d 16, 820 P.2d 941 (1991).

Our practice focuses on plaintiffs who have claims against businesses, brokerage firms, and promoters. Many of our cases have involved claims arising from limited partnerships and private placement-type investments. We have represented plaintiffs in class actions brought to recover losses caused by for various investment schemes. The firm represents individual investors in claims against brokerage firms for mishandling investment accounts. We frequently represent investors in securities arbitrations before FINRA (formerly NASD). 

In addition, a number of defendants in securities cases have retained us, including law firms, accounting firms, and private and publicly held companies, who have been accused of participating in fraud.