Corporate & Securities Law

News of auction-rate securities class actions being filed has concerned many securities lawyers that investors may be choosing the wrong path to pursue recovery.  While sometimes some class actions are sensible for some investors, oftentimes they are not. 

SNSFE attorneys are investigating auction-rate matters for investors at various firms and are willing to continue to do so when faced with the prospect of a class action notice. 

Investors ought to beware that the brokerage firms named in the suits alleging class action status include, Citigroup, E*Trade Financial, Merrill Lynch, Morgan Stanley, Deutsche Bank, Raymond James Financial, SunTrust Banks, TD Ameritrade, UBS and Wachovia.  Investors should feel free to share their documentation with SNSFE attorneys to determine which course of action is best.