Financial Services & Securities

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Shipley Snell’s experience includes representing both investors and financial services firms in claims related to state and federal securities laws, as well as the regulations pertaining to broker-dealers. 

Securities claims often implicate the complex statutory schemes of state and federal securities laws, industry-specific regulations, as well as common law fraud and misrepresentation causes of action. Shipley Snell’s depth of experience in the courthouse, as well as before arbitration panels, complements our ability to navigate the nuances and occasional contradictions between the applicable statutory and regulatory systems.

Representative Engagements

  • Defended a national financial services company in federal and state court against securities fraud claims brought by approximately 600 plaintiffs alleging actual damages in excess of $150 million.
  • Represented a national financial services firm in NASD (now FINRA)  arbitrations involving securities and commercial tort claims.
  • Represented plaintiff investors in securities litigation against a commercial real estate financial company and a title and escrow company for “aider and abettor” liability under the Texas Securities Act and statutory fraud, arising out of a 1031 exchange and tenant in common investment.