Securities class actions are appropriate measures when a company’s actions have violated the securities laws and shareholders have been harmed.
Some of the areas where companies fail to abide by the rules of the capital markets are as follows:
- Inappropriate application of accounting standards
- Material misrepresentations to investors
- Failing to appropriately disclose the risks of their activities
- Undisclosed conflicts of interest
- Material developments not disclosed in a timely manner
- Poor compliance with various standards
Current Class Actions
Hut 8 Securities Class Action Investigation – Canadian Investors
Summary: SMK Law is investigating a class action on behalf of investors who have losses in Hut 8 stock. The class action will be focused on recovering for Canadian investors who purchased stock on the Toronto Stock
Farmers Edge Securities Class Action
Summary: SMK Law is lead counsel in a proposed class action seeking compensation on behalf of shareholders who suffered losses in the primary and secondary markets as a result of misrepresentations in various filings and communications with
Anaergia Inc. Securities Class Action
Summary: SMK Law is lead counsel in a class action seeking compensation on behalf of shareholders who suffered losses in the primary and secondary markets as a result of Anaergia’s misrepresentations in various filings and communications with
Galaxy Digital Securities Class Action
Summary: SMK Law is lead counsel in a class action seeking compensation on behalf of shareholders who suffered losses in the secondary markets as a result of Galaxy Digital’s misrepresentations in various filings and communications with shareholders.
Airboss of America Securities Class Action
Summary: SMK Law is lead counsel in a class action seeking compensation on behalf of shareholders who suffered losses in the secondary markets as a result of misrepresentations by Airboss in various filings and communications with shareholders.
What are securities class actions?
Securities class action lawsuits are legal actions taken on behalf of a group of investors who have suffered financial losses due to securities fraud or other illegal actions by a publicly traded company or its executives.
These lawsuits are typically filed by investors who have purchased stocks or other securities and have suffered financial losses as a result of the fraud or illegal activity.
In these actions, the investors who have suffered losses can join together as a group, or “class,” to pursue a legal claim against the company. This can help to level the playing field and allow individual investors to hold large, publicly traded companies accountable for their actions.
Do they apply to your situation?
If you have suffered financial losses because a company in which you have invested has acted unfairly, please contact us for an introductory conversation.
We regularly review situations brought to us by shareholders who have lost money and believe that the company has acted inappropriately.
We will do a preliminary investigation of the facts and determine whether a class action is appropriate.
There is no cost to the investor for bringing a a securities class action. The legal costs are paid by the company if the action is successful in recovering for shareholders.
Tell us a little about your situation.
Call us or fill out the form below to tell us a little about your situation. We will assess it quickly and let you know whether we can be helpful.
