|The Securities Litigation Group of MichieHamlett represents Virginia investors who have been harmed by the wrongful actions of stockbrokers and investment advisors. Our firm can handle any size investment fraud claim with thorough, efficient, and effective representation.
We accept cases on a contingent fee basis by which we receive no fee unless we are successful in obtaining a recovery for the client. If we are successful, our fee is a percentage of the recovery.
How We Handle Your Case
Most stockbrokers and investment advisors are dedicated and effective professionals. Nevertheless, a significant number of investors are harmed each year by the negligence of some. When this occurs, we believe it is just and proper for the investor to be appropriately compensated.
Our method of representation makes use of a series of carefully planned steps.
First, we gather as much data and information as is available from the client and publicly accessible sources, such as regulatory agencies, securities markets, and published research.
We begin with an in-depth interview with the client to hear the client's perspective and history of the accounts. Our in-house analyst will review the trading activity in the client's accounts from the client's monthly brokerage statements and account documents. He prepares a detailed profit and loss report, profiles the trading activity and the nature of the investments, and researches the broker's regulatory history.
The attorneys then review and analyze this information and meet again with the client to offer their initial evaluation of the case; not every case is one that should be pursued. The client and the firm share an interest in pursuing only cases that have merit and that make economic sense. We believe in clearly communicating our opinion to our clients and value an open exchange of ideas and information.
If the case is one that both the client and the firm agree should be pursued, a demand for arbitration is prepared and filed, usually with the Financial Industry Regulatory Authority (formerly known as the National Association of Securities Dealers). We are dedicated to providing exceptional legal services and value to our clients. We have the capability of handling any size claim with thorough, efficient, and effective representation. Part of our strength is the fact that we have strong working relationships with some of the very finest recognized expert witnesses and analysts in the securities industry, including persons who formerly worked as brokers, managers, and analysts with regulatory agencies. The availability of these experts adds additional credibility and insight to our representation.
We attempt wherever possible to find ways to arrive at a settlement of each of our client's cases without going through an arbitration hearing. Often this can be done either by direct negotiations with the opposing parties or through the use of mediation.
If an arbitration hearing is necessary, we are prepared with the necessary skills, experience, equipment, and procedures to effectively and persuasively represent our clients and their cases. MichieHamlett attorneys and staff pride themselves on their many years of successful commercial litigation experience.