Investment Fraud
Many Americans invest their hard earned dollars in publically traded corporations. These investments drive our economy and allow corporations to remain in business. Unfortunately, not all of these corporations act ethically, and in some instances, they may defraud their investors.
Investment fraud is a serious crime that should not go unpunished. If you are part of a group of investors that was defrauded by a dishonest corporation, contact the class action lawsuit lawyers of Feazell & Tighe, LLP, today at 877-508-0588.
Fraudulent Investment Practices
A corporation’s accounting department is in charge of keeping track of income from investments as well as expenditures. Since this department is in charge of keeping track of the money, investors must turn to accounting when they want to know how a corporation is doing financially.
Some accounting departments partake in fraudulent practices which may deceive investors. These practices may include:
- Reporting greater income than actually earned
- Falsifying documents
- Partaking in illegal business practices
- Giving kickbacks to executives
- Stealing from the company
Investors who have been defrauded by any of these means may lose thousands of dollars because of corporations’ illegal accounting practices. Since this fraud typically affects many investors, wronged investors may be able to file a class action lawsuit against the responsible corporation.
Contact Us
Corporations that defraud investors should be held accountable for their illegal actions. If you and a group of investors have been defrauded by a dishonest corporation, contact the class action lawsuit attorneys of Feazell & Tighe, LLP, at 877-508-0588 to learn more about fighting for your money back.
