There are several types of fraud that can occur in the offering of securities. Generally this involves material misrepresentation of the terms of the offering or features of the security in question. The SEC enforces laws that prohibit fraudulent activity surrounding the offering of securities. Such fraud can occur with respect to properly registered securities offerings, or legitimate and illegitimate unregistered securities offerings. Investors are often deceived by fraudsters who misrepresent various features of a security at the time of offering.

Whistleblowers are often the best way for the SEC to learn what these bad actors are up to. Individuals with knowledge of fraudulent activity surrounding the offering of securities (or purported securities) are encouraged to report to the SEC Whistleblower Office. If one reports such fraud with the help of qualified SEC whistleblower attorney, the whistleblower may remain anonymous.

Hagens Berman represents several whistleblower actions under the SEC Whistleblower Program, including representation of high-profile market expert Haim Bodek, and marshals its significant nationwide resources and expertise in financial fraud to best present whistleblower matters to the SEC.