Financial Services
and Securities
Dynamis attorneys have represented and continue to represent high-net-worth individuals, publicly-traded entities, private entities, and consumers in financial services or litigation disputes in state court, federal court, or arbitration. From the plaintiffs’ or defense perspective, Dynamis attorneys understand the nuances of state consumer protection claims, Securities Act and Exchange Act claims, and the PSLRA.
Experience and Results
Represented senior banking executive in SEC investigation into use of personal devices for work-related business. No action taken against executive.
Represented real estate executive in civil action brought by Colorado Securities Commission. The Commission alleged fraud of nearly $2 million. After aggressive advocacy by Dynamis LLP. the case ended with a “no admit no deny” stipulation and no monetary penalty.
Representing multiple individuals accused of securities fraud in parallel DOJ and SEC investigations. Many of the charges are related to alleged pump and dump schemes involving social media. In one case that was resolved prior to Indictment, United States v. Steve Gallagher, the government agreed, after significant advocacy, reduced the “loss” amount from $1.2 million to $21,000, which secured a non-incarceration sentence.
Representing owner of crypto-oriented venture capital fund in testimony before the SEC. No charges were brought against this executive.
Representing key executive in securities fraud revenue recognition case currently under investigation by the DOJ and FBI in the District of Rhode Island, together with the parallel SEC action. Dynamis has significant experience in revenue recognition securities fraud cases, helping executives navigate these tricky waters.
Representing whistleblower in complaint to SEC concerning the alleged revenue and profits at the company the whistleblower worked at.
Represented investors in alleging securities fraud arising from misrepresentations to induce a $20 million pre-IPO investment. The purchase was successfully rescinded on the clients’ behalf.
Representing investors in securities fraud claims against publicly-traded corporation that misrepresented the sustainability and profitability of its offshore operations. The case is at the motion to dismiss stage in the Southern District of New York.
Obtained settlement on behalf of class of investors who were damaged when nationwide health-device company restated multiple years of financials. The case settled for eight figures on behalf of the class.
Went to trial against the SEC in the District of Massachusetts in the case of SEC v. Thomas Capellini.
These are just a few of the many securities and financial services cases that Dynamis attorneys have done over the course of their careers.