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  • Attorneys David Meyer and Matthew Wilson have been selected to the list of Super Lawyers since 2011 and 2015 respectively.

  • Attorney David Meyer is a member of the Million Dollar Advocates Forum, an organization recognizing attorneys who have secured million dollar cases.

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  • Attorney David Meyerhas been selected to the list of the Best Lawyers in America® for Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs every year since 2011.

  • Attorney David Meyer was selected as the 2015 Lawyer of the Year for Professional Malpractice Law – Plaintiffs for Columbus, OH by Best Lawyers®.

  • Meyer Wilson was ranked as a Tier 1 Best Law Firm for both Mass Tort Litigation / Class Actions – Plaintiffs and Professional Malpractice Law – Plaintiffs by U.S. News.

I heard that the SEC is no longer allowing firms to "neither admit nor deny" wrongdoing.

Is this true, and how could it affect my securities fraud case?

While it is true that the SEC will no longer allow companies to "neither admit nor deny" charges, this new rule will only apply to a fraction of cases. Specifically, the new language will only affect regulatory cases in which defendants have been convicted of a criminal charge or otherwise admitted wrongdoing. The impact of this change could mean that it is easier for some investors to recover losses in civil suits against firms and stockbrokers who have run Ponzi schemes and investment scams.

The SEC will now document Justice Department findings of wrongdoing even during civil settlement of cases. This is a significant change for the SEC, which has classically allowed companies to neither admit nor deny allegations even when wrongdoing was admitted in related criminal cases. While this is a step in the right direction, the truth is that the majority of day-to-day cases handled by the SEC will be unaffected, and defendants who have not been involved in a criminal case will not be held to the same change in language.

In this case, the "neither admit nor deny" language will continue to be used. If you have suffered investment losses and suspect financial fraud, speak with one of our highly experienced investment fraud attorneys. We help investors nationwide recover losses through stockbroker mediation, arbitration, & litigation.

Need More Information?

Investment misconduct can be complex and confusing. That’s why we’re here to help you. Visit our Common Questions page to find in depth answers directly from our attorneys. Get More Answers
Have You Been a Victim of Investment Fraud?

You trusted your financial advisor with your money, but now you're left wondering what went wrong. If you or a loved one suffered losses because of investment misconduct, Meyer Wilson can step in and fight to recover your losses. The team of investment fraud lawyers at the firm has been helping people like you since 1999 by winning judgments, settlements and verdicts worth hundreds of millions of dollars against brokerage firms, financial advisors and banks.

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