Often working as a team with attorneys from the firm's Business Department experienced in securities issues, Whiteford Taylor & Preston's Business Litigation attorneys are regularly involved in a wide variety of securities litigation matters.
We have defended numerous securities fraud actions brought against our clients under the Securities Act of 1933 as well as the Securities Exchange Act of 1934 (Section 10b-5). Our clients include Fortune 500 companies as well as individuals, including officers, inside and outside directors, professionals (particularly auditors), and "control persons." We also have prosecuted securities claims on behalf of client-plaintiffs. We regularly litigate securities claims under state securities ("Blue Sky") acts, and our attorneys are particularly seasoned in dealing with the complexities of the Maryland Securities Act as applied in both federal and state courts. We regularly represent clients in FINRA arbitration disputes and in mediation procedures sponsored by FINRA and before the American Arbitration Association.
One of our particular areas of experience is representing and advising clients in SEC and state securities investigations and negotiating resolutions in lieu of charges or formal actions. Our securities work frequently involves advising clients regarding D&O coverage and coordinating with D&O carriers regarding coverage, litigation strategy, litigation expenses, and resolution of claims.