- Options – A contract giving the purchaser the opportunity to buy or sell the security at a fixed price on a certain date.
- Swaps – This type of derivative allows two parties to "swap" cash flows.
- Futures contracts – "Futures" are contracts that allow the buying or selling of assets in the future for a price agreed on today.
- Forward contracts – A "forward" is a type of contract that involves securities traded in the future for a price agreed on today.
Investors like derivatives because they are not risky; in fact, they are commonly used to hedge risk. However, if you have lost a substantial amount of money after investing using derivatives like stock options or futures, you may be able to take legal action.
Shareholder Derivative Actions
Shareholder derivative actions or "derivative suits," in contrast to securities fraud class action lawsuits, are brought by one person on behalf of a group of people – typically, a shareholder on behalf of a corporation. If your stockbroker or investment advisor encouraged you to purchase a type of derivative security and you lost a substantial amount of money, contact Meyer Wilson.
Why choose Meyer Wilson?
Choosing Meyer Wilson means you have an attorney on your side that has been rated "Lawyer of the Year" by Best Lawyers in America® in the field of professional negligence. David Meyer has also been listed in Super Lawyers® and the firm has been included in "Best Law Firms" by U.S. News. Since 1999, our securities litigation lawyers have recovered millions of dollars in verdicts and settlements on behalf of investors.
If you've sustained losses in excess of $100,000, contact Meyer Wilson today!