MN Criminal Defense Attorneys Offer Assistance for Securities Fraud Charges

Birrell Law Firm, a firm based in Minneapolis, MN, has announced that they can offer legal assistance to people charged with securities fraud. Federal law enforcement agents are aggressive in pursuing all types of securities fraud. These include Ponzi schemes, high-yield investment fraud, advanced fee schemes, pyramid schemes, hedge fund-related fraud, broker embezzlement, late day trading, and foreign currency fraud. The MN securities fraud attorney from the firm can provide legal representation for those charged.

Ian Birrell, a partner at the law firm, says, “Early legal representation in these kinds of securities fraud cases is critical. Not only are there potentially severe criminal penalties, but often there are also harsh civil consequences as well. Convictions for securities fraud can often result in hefty fines and lengthy prison sentences. In addition, a judge has the power to order that businesspeople who have been found guilty of violating federal securities laws can be forbidden from holding positions of power in the future, including that they can no longer serve as a director or officer of a public company.”

The team of securities fraud attorneys from Birrell Criminal Defense can examine the allegations and offer advice about the facts and the laws surrounding the complex securities transactions that have been claimed to be fraudulent. They are experienced when it comes to defending against investigations and enforcement activities by regulatory agencies like the Securities and Exchange Commission.

There are various examples of securities fraud. These include misrepresentations and omissions; unauthorized trading; failure to execute; margin violations; churning/overtrading; forgery; over-concentration of investments; breach of contract; market manipulation; insider trading; conversion and theft; and breach of fiduciary duty.

Misrepresentation can happen through omission where there is a fiduciary relationship. Unauthorized trading occurs when a broker engages in a transaction without permission or authorization from the customer. The opposite happens in failure to execute because the broker failed to execute a trade that was ordered by the customer, resulting in a loss for the investor. Those who want to be more familiar about the law firm can check out Birrell Law story.

A margin violation occurs when the margin account has been issued both a Fed and an exchange call but the broker sold securities instead of depositing cash to cover the calls. Overtrading or churning occurs when the frequency of the trades has become counterproductive to the trader’s investment goals. Over-concentration of investments means the trader has too many holdings in one specific investment, class of investments, or market segment in relation to the total portfolio. Market manipulation means there was a deliberate attempt to interfere with the free operation of the market. Insider trading involves trading a public company’s shares based on information not accessible to the public.

The law firm is also capable of providing legal help to people who have been charged with other criminal offenses aside from securities fraud. These include wire fraud, federal target letter, healthcare fraud, bank fraud, identity theft, RICO, insider trading, tax evasion, securities fraud, and money laundering.

They have lawyers who have been recognized by the Minnesota State Bar Association, American Board of Criminal Lawyers, Super Lawyers, American College of Trial Lawyers, and National Board of Trial Advocacy. Partner Andrew Birrell leads the criminal justice attorney practice group. He is a board certified criminal law specialist by the Minnesota State Bar Association, “AV-Rated” by Martindale-Hubbell, a fellow of the American College of Trial Lawyers, a board certified criminal trial advocate by the National Board of Trial Advocacy, and more. Partner Ian Birrell is an honors graduate of the University of Minnesota Law School where he had a Robina Scholarship for all three years of law school. He has also gained a lot of experience in jury trials in both federal and state courts.

People who are interested in knowing more about the Birrell criminal defense strategy can go to their website or contact them through the telephone or email. They are open from 7:30 am to 5:00 pm.