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Wall Street Fraud
Stockbroker Fraud Securities Fraud Mutual
Funds Investment Fraud
Plaintiff Securities Fraud, Investment Fraud,
Mutual Fund Fraud Wall Street Fraud Law Firm
Stock broker fraud and securities
fraud were a part and parcel of the economic expansion seen in United
States during 1997 to 2000.
The years 1997 to 2001 saw a remarkable economic
expansion in the United States. Americans looked to the future with
enthusiasm as an explosion of new technologies promised to revolutionize
everything from healthcare to commerce. The world seemed to be at
the dawn of a new era. Investing became America's great pastime.
Rampant optimism was the rule, and Americans were drawn to Wall
Street and its promise in ever greater numbers. Millions of Americans,
rich and poor, savvy and simple, young and old, were swept up in
a wave of enthusiasm which breached all social, ethnic, and political
barriers, and raced across the country and the world. It seemed
like everyone feared being left behind, causing them to jump on
the stock market wave towards a new, brighter future. Millionaires
were made as the economy roared on towards dizzying heights. Tragically,
circumstances changed and trillions of dollars evaporated, leaving
far too many with horrific losses. Now, many months later, hindsight
makes it obvious that many investors suffered this fate unnecessarily.
Questionable practices by those in many sectors
of the investment, banking, stock brokerage and corporate arenas
played a large role in causing investors severe economic pain. Overly
aggressive and even fraudulent accounting practices by corporations,
as well as the conflicting allegiances of analysts who recommended
stocks they themselves felt were poor choices, and a commission
system which enticed stockbroker to churn accounts and place investors
in unsuitable investment options all contributed to a dangerous
situation. The Wall Street dreamscape was a nightmare waiting to
happen. Unfortunately, investors are unable to awaken from this
nightmare. Lost savings and resources are more than just a bad dream,
they affect retirement plans, lifestyles, access to healthcare and
related resources, education, and prospects for the future.
At Wall Street Fraud, we are dedicated to offering assistance to those who have been hurt
by improper corporate or investment practices. A talented and aggressive legal and professional staff
awaits your call to help you recover your losses. If you have such investment losses, please
contact us.
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