Investor Fraud

Hagens Berman has recovered hundreds of millions of dollars for institutional and individual investors defrauded by unscrupulous management of publicly held corporations.

Sound investment decisions can only be made when you have full disclosure of accurate information. No money manager, retirement fund or individual investor should suffer undue risk or incur losses due to misrepresentations related to the investment at issue.

Hagens Berman is a leading provider of specialized securities litigation services to public, private and Taft-Hartley pension funds. We offer proprietary and unparalleled asset protection and recovery services to both foreign and domestic institutions. Our institutional services provide participants with the ability to identify, investigate and react to potential wrongdoing by companies they invest in. We represent investors under the federal securities laws and other investor-protection statutes created to recover funds lost due to fraudulent representations made to investors.

Securities Litigation

Hagens Berman represents shareholders in securities and financial fraud cases and is one of the nation’s leading firms in this area. Securities litigation has been one of the cornerstones of Hagens Berman’s practice since the inception of our firm. We have recovered hundreds of millions of dollars for institutional and individual investors defrauded by unscrupulous management of publicly held corporations. 

Our securities practice seeks to advise clients on both individual and class-action cases under the federal securities laws. We work for investors impacted by poor corporate governance, breach of fiduciary duties, or a failure of good faith, fair dealing or loyalty. The firm vigorously pursues fraud recovery litigation, forcing corporate officers, directors and fund managers to answer to their investors.

Hagens Berman has represented investors in securities litigation against some of the nation’s largest corporations. For instance, the firm was appointed lead counsel in a case representing Bank of America shareholders following a plunge in the banking giant’s stock price when it disclosed a $10 billion lawsuit threat from American International Group (AIG).

One of our proudest cases in this area was the Charles Schwab Securities Litigation where we recovered 45 percent and 82 percent of investor losses for two different classes, totaling $245 million. Recoveries equal to such high percentages of losses are rare, and our competitors often settle for pennies on the dollar rather than what investors deserve.

Hagens Berman is currently involved in active securities litigation in a number of cases in various jurisdictions throughout the United States. Many securities firms settle early for a very small percentage, often less than five percent, of investors’ losses. Hagens Berman prosecutes cases with the goal of obtaining the greatest recovery possible, and has settled cases or obtained verdicts equal to a much greater percentage of losses.

Investor Fraud Cases and Investigations:

Cornerstone 11/04/11 Investor Fraud Settled
Denver Employee Retirement Plan (DERP) 01/16/15 Investor Fraud Active
Gold Resource Corp. (NYSE: GORO) 11/13/12 Investor Fraud Active
Legami Dell Argentina 06/28/04 Investor Fraud Settled
Midland National Life Insurance Company 01/05/07 Consumer Rights, Investor Fraud Active
Venture Financial Group, Inc. 12/16/09 Investor Fraud, Pension Protection Settled
Boeing 10/31/97 Investor Fraud Settled
Boston Chicken 07/28/97 Investor Fraud Settled
General Motors ERISA 05/13/05 Automotive Litigation, Employment Litigation, Investor Fraud, Pension Protection Settled
Enron 04/09/02 Investor Fraud, Pension Protection Settled
Montana Power Company 09/12/02 Investor Fraud, Pension Protection Settled
Oppenheimer Champion Income Fund 02/24/09 Investor Fraud Settled
Oppenheimer Core Bond Fund 08/12/09 Investor Fraud Settled
Schwab YieldPlus Funds 03/18/08 Investor Fraud Settled
Washington Mutual ERISA 11/29/07 Employment Litigation, Investor Fraud, Pension Protection Settled
Sterling Financial Corp. (NASDAQ: STSA) 01/11/10 Investor Fraud, Pension Protection Settled
Washington Public Power Supply System Securities Litigation - Investor Fraud Settled
JP Morgan Madoff Lawsuit 07/11/11 Investor Fraud Settled
Exchange-Traded Funds - Investor Fraud Investigation
Reserve Yield Plus Fund Investor Group (NASDAQ: RYPYX) 09/28/09 Investor Fraud Settled
Tremont Group Holdings 12/22/08 Investor Fraud Settled
Enlaces De Argentina 09/22/04 Investor Fraud Settled
Argentine Bonds 12/19/06 Investor Fraud Settled
Life Partner Holdings, Inc. (NASDAQ: LPHI) 08/15/11 Investor Fraud Active
China Media Express Holdings, Inc. (OTC: CCME) 04/05/11 Investor Fraud Active
Altisource Asset Management Corporation (NYSE: AAMC) 01/16/15 Investor Fraud Active
Fannie Mae / Freddie Mac (OTC: FNMA, OTC: FMCC) 06/10/13 Investor Fraud Active
Mantria Securities 11/15/01 Investor Fraud Active
Osiris Therapeutics, Inc. (NASDAQ: OSIR) 11/23/15 Investor Fraud Settled
Theranos 11/28/16 Investor Fraud Closed
Immunomedics, Inc. (NASDAQ: IMMU) 06/06/16 Investor Fraud Active
BlackRock iShares ETF August 24, 2015 Flash Crash Litigation 06/16/16 Investor Fraud Active
TransDigm Group Incorporated (NYSE: TDG) - Investor Fraud Investigation
ZTO Express (Cayman) Inc. (ZTO) 08/14/17 Investor Fraud Active
Dentsply Sirona, Inc. (NASDAQ: XRAY) - Investor Fraud Investigation
Rio Tinto plc (NYSE: RIO) 10/23/17 Investor Fraud Active
Skechers USA, Inc. (NYSE: SKX) - Investor Fraud Investigation
Tesla, Inc. (NASDAQ: TSLA) 08/10/18 Investor Fraud Active
Tezos (XTZ) 04/24/18 Investor Fraud Active
ProShares Short VIX Short-Term Futures ETF (SVXY) - Investor Fraud Investigation
VIX Futures and VIX Options 04/30/18 Investor Fraud Active
Adient plc (NYSE: ADNT) 10/04/18 Investor Fraud Active
BorgWarner Inc. (NYSE: BWA) - Investor Fraud Investigation
Danske Bank A/S (DNKEY) - Investor Fraud Investigation
LogMeIn, Inc. (NASDAQ: LOGM) - Investor Fraud Investigation
IPG Photonics Corporation (NASDAQ: IPGP) - Investor Fraud Investigation
Nielsen Holdings PLC (NYSE: NLSN) - Investor Fraud Investigation
Loma Negra Compania Industrial Argentina Sociedad Anonima (NYSE: LOMA) - Investor Fraud Investigation
Lannett Company, Inc. (NYSE: LCI) - Investor Fraud Investigation
USA Technologies, Inc. (NASDAQ: USAT) - Investor Fraud Investigation
OPKO Health, Inc. (NASDAQ: OPK) - Investor Fraud Investigation
McKesson Derivative Litigation 04/03/17 Investor Fraud Active
Philip Morris International Inc. (NYSE: PM) - Investor Fraud Investigation
Acadia Healthcare Company (NASDAQ: ACHC) - Investor Fraud Investigation
Campbell Soup Company (NYSE: CPB) - Investor Fraud Investigation
Hasbro Inc. (NASDAQ: HAS) - Investor Fraud Investigation
Floor & Decor Holdings, Inc. (NYSE: FND) - Investor Fraud Investigation
Copart, Inc. (NASDAQ: CPRT) - Investor Fraud Investigation
Bed Bath & Beyond Inc. (NASDAQ: BBBY) - Investor Fraud Investigation
Bank OZK (NASDAQ: OZK) - Investor Fraud Investigation
Align Technology, Inc. (NASDAQ: ALGN) 12/12/18 Investor Fraud Active
eBay, Inc. (NASDAQ: EBAY) - Investor Fraud Investigation
Jianpu Technology Inc. (NYSE: JT) - Investor Fraud Investigation
Dycom Industries, Inc. (NYSE: DY) - Investor Fraud Investigation
Ebix, Inc. (NASDAQ: EBIX) - Investor Fraud Investigation
Maxar Technologies Ltd. (NYSE: MAXR) - Investor Fraud Investigation
Synchrony Financial (NYSE: SYF) - Investor Fraud Investigation
Yelp, Inc. (NYSE: YELP) - Investor Fraud Investigation
PG&E Corporation (NYSE: PCG) - Investor Fraud Investigation
GreenSky, Inc. (NASDAQ: GSKY) - Investor Fraud Investigation
Aphria, Inc. (NYSE: APHA) - Investor Fraud Investigation
Johnson & Johnson (NYSE: JNJ) - Investor Fraud Investigation
The Goldman Sachs Group Inc. (NYSE: GS) - Investor Fraud Investigation

Investor Fraud Resource Library:


Why Select Hagens Berman?

Selecting an investor fraud attorney will have a significant impact on the outcome of your case.
When searching for an investor attorney to represent you,
you want a firm with a record of success at the top of the profession.

Stellar Reputation

Stellar Reputation

Hagens Berman fights with the creativity and tenacity to continue to raise the bar and take on every case with the goal of achieving the best outcome for the largest group of individuals.

No Cost to You Unless We Win

No Cost to You Unless We Win

Our firm operates on a contingency fee basis, meaning the victims we represent pay nothing at all unless we win. Attorney fees are paid based on an industry percentage of overall settlement terms, allowing plaintiffs to reap the rewards.



At the basis of all that motivates Hagens Berman is our mission for corporate reform. It’s through our work that we continue to uphold and fight for the rights of those most vulnerable to corporate greed and negligence.

Real Results

Real Results

We achieve results, and our track record proves it. While many class-action or individual plaintiff cases result in large legal fees and no meaningful result for the client, Hagens Berman finds ways to return real value.

Investor Fraud Blog Posts:

Whistleblower News: Investment Scams

The U.S. Securities and Exchange Commission obtained a court order freezing the assets of a Texas-based initial coin offering that claimed to have raised more than $600 million. more »

Written January 30, 2018 Whistleblower, Investor Fraud

Whistleblower News: Investment Adviser Sentenced, IPOs

The Securities and Exchange Commission today charged a Wall Street stockbroker with illegally accepting more than $1 million in undisclosed kickbacks for giving certain customers... more »

Written December 20, 2017 Whistleblower, Investor Fraud

The CFPB Does Its Job. Will Congress Let It Stand?

It is 775 pages long. I have not read all of it. But I know this: it is a great win for consumers. more »

Written July 25, 2017 General

NDCA Names New Lawyer Representatives, Including Hagens Berman's Peter...

From the U.S. District Court for the Northern District of California: The Court is pleased to announce the selection of six new Lawyer Representatives to the Ninth Circuit Judicial Council.... more »

Written November 03, 2016 Investor Fraud, General

"Class counsel has consistently
demonstrated extraordinary skill and effort."

— U.S. District Judge James Selna, Central District of California

In re Toyota Motor Corp. Unintended Acceleration Marketing

"...the track record of Hagens Berman['s] Steve Berman is...impressive, having racked...a $1.6 billion settlement in the Toyota Unintended Acceleration Litigation and a substantial number of really outstanding big-ticket results."

— Milton I. Shadur, Senior U.S. District Judge

Naming Hagens Berman Interim Class Counsel in Stericycle Pricing MDL

Hagens Berman has been featured
on the Plaintiffs' Hot List eight times

— The National Law Journal

The NLJ's List of the Year's Hottest Firms

"If it has to do with class-action litigation,
Berman's the go-to guy."

— I. Basso, client

Source: Avvo

The firm's "innovative approaches to litigation
have earned significant recognition"

— The Law Business Insider

"[A] clear choice emerges.
That choice is the Hagens Berman firm."

— United States District Court for the Northern District of California

In re Optical Disk Drive Products Antitrust Litigation (appointing the firm lead counsel)

"All right, I think I can conclude on the basis with my five years with you all, watching this litigation progress and seeing it wind to a conclusion, that the results are exceptional..."

— Judge Hamilton, U.S. District Court for the Northern District of California

In re Dynamic Random Access Memory Antitrust Litigation (Hagens Berman was co-lead counsel and helped achieve the $325 million class settlement)

Recent Recognition:

Hagens Berman is a plaintiffs’ class-action law firm that helps victims of auto accidents, sports injuries, defective products, dangerous drugs and business fraud pursue their legal rights. We take on large corporations for negligence and fraud, and hold them accountable.
Our attorneys are champions of consumer rights. The size or clout of the corporations we pursue is never a deterrent to our pursuit for justice. Over the years, we have built the resources we need to thoroughly investigate these personal injury and product defect cases, and achieve the best possible outcome for our clients. Our work is consistently recognized for industry excellence.

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