Pump and Dump Charge Lawyers in NYC
The stock market is extremely complex and sometimes difficult to understand. The market is constantly fluctuating as brokers, investors, individuals and firms buy and sell stocks. In some situations, it may appear that a stock was intentionally manipulated by a broker or brokerage firm in order to make money at the expense of investors. This can lead to stock manipulation charges being filed.
If you are facing stock manipulation charges, you need the assistance and guidance of an experienced securities lawyer. At Bachner & Associates, P.C., our attorneys have been handling complicated securities litigation cases for over 20 years. Though it can be difficult for prosecutors to prove that a broker or brokerage firm is intentionally manipulating stock prices, it is essential that you have a knowledgeable attorney on your side. Using our experience and extensive understanding of stocks and securities cases, we can aggressively fight to stand up for your rights and protect you from the consequences of a conviction whenever possible.
Stock Market Manipulation
There are numerous forms of stock manipulation. One type occurs when a brokerage firm manipulates the price of a stock in order to stockpile and maintain massive amounts of shares of that stock. This activity in turn makes the stock scarce and drives up the value of the stock. Then when the stock reaches a certain price that the firm wants, the shares are sold for a large profit. This results in the price of the stock plummeting and leaving individual investors with substantial losses.
Pump and Dump
The term "pump and dump" is used to refer to a stock scam or scheme, involving the promotion of a stock in order to provide large short-term price movements in a low-priced stock. This often occurs fraudulently, and individuals can face charges of promoting a stock in order to buy and sell stocks in certain quantities and at certain prices.
Contact Our Stock Manipulation Defense Lawyers in New York
Let our skilled New York City attorneys help you understand your rights and how to address any stock manipulation or other securities fraud charges you may be facing. Contact Bachner & Associates, P.C., today to arrange your consultation. Call us at 877-388-6461.