The stock market has enabled many people to go from rags to riches, but it does not come without an element of risk. You can just as easily lose it all as you can win the proverbial jackpot. That is why many people go to brokers or financial advisors in order to take the more conservative approach.
Not all brokers are honest; however, securities fraud is committed when any person willfully misrepresents the security that they are selling in order to obtain a financial gain.
If you have been accused of securities fraud, it is important that you obtain the assistance of an attorney immediately.Miami-Dade County Securities Fraud Crimes Defense Attorney
The state must prove beyond a reasonable doubt that you have done what they are accusing you of. If you have been charged with an offense in the Miami-Dade area, you need a lawyer like Evan Hoffman on your side in order to secure your freedom.
If you have been charged with a securities fraud offense, call The Hoffman Firm at (305) 249-0090, or complete the online form to schedule your free consultation. This firm serves clients located in Miami-Dade County and surrounding areas.
Securities Fraud Crimes under Florida Law
- §517.011 of Florida code states that securities fraud is any action that: employs any device, scheme, or artifice to defraud;
- To obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading; or
- To engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon a person.
In order to sustain a charge or securities fraud, the state must prove beyond a reasonable doubt that you willfully misrepresented the security that you sold to your client for your own personal financial gain. This is a high bar for the state to meet.
Your lawyer may be able to argue that you either lacked the full scope of the facts regarding the security that you sold or could not have predicted the fluctuations of the market. It is important that you contact an attorney immediately to prepare your best defense.
Act immediately; call The Hoffman Firm and defense attorney Evan A. Hoffman at (305) 249-0090. Let him put his knowledge to work for you.
This firm services clients in Miami, North Miami, Palm Beach, and neighboring counties.