When a brokerage is able to control a piece of the market, that firm can win big while investors lose, sometimes in dramatic ways. Stock manipulation usually involves market makers, large investment firms with huge amounts of capital and publicly traded securities. A common form of stock manipulation involves a brokerage pouring its own money into a stock, inflating the price through increasing demand by misrepresentations and omissions, and high-pressure sales, leaving investors holding the bag. This is known as a “pump and dump” scheme.
Stock manipulation is illegal, and it can be fought back against, but wrongdoing must be proven with the help of an experienced lawyer. New York securities attorney Timothy J. Dennin has extensive securities litigation and arbitration experience — and an extraordinary record of helping his clients recover investment losses since 1990.
Unethical Practices Call For Exceptional Legal Capabilities
Mr. Dennin, who has received the coveted AV Preeminent peer review rating* from Martindale Hubbell for his excellent legal abilities and high ethical standards, has won scores of cases against individual brokers and investment advisers, as well as officers and directors of publicly traded companies who put their own interests above the interests of those who trusted them with their money.
Back in the 1990s, Mr. Dennin represented investors across the country against the notorious boiler room, Stratton Oakmont, and its principals, including Jordan Belfort. Mr. Dennin tried five separate cases against Stratton Oakmont and its principals, and never lost a case. The awards against Stratton Oakmont, made infamous through the Hollywood movie “The Wolf of Wall Street,” recouped substantial seven figures for Mr. Dennin’s clients, including, punitive damages, attorney fees and costs.
Timothy J. Dennin understands the intricacies of the stock market from a legal and regulatory perspective. He can represent you if you suffered loss:
- Because a firm artificially inflated the price of stock
- Due to penny stock manipulation
- As a result of another broker’s misconduct
As you can imagine, powerful brokerage houses that have committed fraud and other unethical practices will not simply confess their misdeeds and make things right. They need to be pursued relentlessly through appropriate legal channels, which can include litigation, arbitration and mediation.
Attorney Fighting Stock Manipulation Tactics
Contact a lawyer who understands stock manipulation matters, Timothy J. Dennin, in Northport or New York City for a free consultation. Mr. Dennin can answer your questions about stock market inflation, stock manipulation losses you may have suffered and potential remedies you may have at your disposal. Call 866-437-9475.
*AV®, AV Preeminent®, Martindale-Hubbell Distinguished and Martindale-Hubbell Notable are certification marks used under license in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell® is the facilitator of a peer-review rating process. Ratings reflect the anonymous opinions of members of the bar and the judiciary. Martindale-Hubbell® Peer Review Ratings™ fall into two categories – legal ability and general ethical standards.