Prescott Security Litigation Lawyer

Banks, brokerage firms, and investment advisors are governed by complex to ensure they are delivering honest and transparent information to their clients. Failure to adhere to this duty could result in the investor pursuing legal action to recover compensation for losses.

If you or a family member has fallen victim to securities fraud, we recommend that you consult with an experienced lawyer. The Prescott securities litigation lawyers at Phillips Law Group have in-depth knowledge of various statutory regulations and industry rules that help protect investors in the state of Arizona. Our legal teams have helped recover more than $1 billion in compensation for more than 155,000 clients.

Your initial consultation is completely free and at no risk or obligation to you. If we represent you, there are no upfront fees. We only get paid for our services if we help you recover compensation.

Contact us anytime, day or night, at 602-222-2222 .

Do I Have a Securities Litigation Case?

Securities litigation involves many multifaceted securities laws. These cases are often very challenging to manage without legal representation. Our legal team will not know if you have a viable case unless we are able to review the details of your situation and discuss the legal options available to you.

We understand that you may have questions about the legal process and we look forward to providing the answers you need. Our firm has nearly 30 years of combined experience helping victims who have been wronged or taken advantage of by other individuals or entities. Contact Phillips Law Group today for a 100 percent free consultation.

Free Consultation. No upfront fees. Ph: 602-222-2222 .

How Can a Lawyer Help Me?

With a greater global access to financial markets, the buying and selling of stocks, bonds, and commodities has resulted in a fast changing environment. Unfortunately, this change has also made it possible for investors to lose a tremendous amount of money in a very short time.

Our litigation lawyers regularly manage claims brought against brokers, financial advisors and broker-dealers, not just in federal and state courts, but also through Financial Industry Regulatory Authority (FINRA) and in conjunction with the Securities and Exchange Commission (SEC). FINRA oversees and regulates all broker-dealers in the U.S. while the SEC creates and enforces securities laws.

Other investor protections available in the state include:

  • Arizona Securities Act ”“ Governs the sale or offer for sale of securities within or from Arizona
  • Arizona Securities Division ”“ Overseas and investigates actions dealing with fraudulent securities committed by securities dealers, investment advisors and their representatives
  • Consumer Protection Division ”“ Protects consumers from any deception, unfair act or practice, false statement or misrepresentation as authorized by the Arizona Attorney General

We have handled a variety of financial investments, such as structure projects, hedge funds, mortgage backed securities, partnerships and more. Our lawyers have extensive trial experience both inside and outside the courtroom. Founding partner Jeffrey Phillips has been lead counsel in over 40 jury trails.

Securities Litigation Cases Handled By Phillips Law Group

Our qualified Prescott securities litigation attorneys at Phillips Law Group are prepared to handle all types of securities litigation cases, including but not limited to:

Breach of Fiduciary Duties

A fiduciary duty is an obligation to act in the best interests of the investor. This means acting in good faith, fair dealing and full disclosure. It is the highest duty imposed by the legal system. A breach of fiduciary duties could include self-dealing, embezzlement of funds, failure to disclose and misuse of superior knowledge.

Broker Negligence

Brokers must conduct themselves within the legal standards established to protect investors from an unreasonable risk of harm. When a broker is negligent in his or her dealings with an investor, then the investor may be able to pursue a legal claim against that broker.


This occurs when a broker excessively buys or trades in an investor’s account to try to generate commissions. The investor must prove that the broker exercised control over the decision-making in the account, the selling or trading was excessive, and the broker recklessly disregarded the investor’s interests.

Failure to Supervise

Brokerage firms have the obligation of adequately supervising the activities of their brokers to ensure that they are following the policies and procedures in place. Transactions reviews must be consistently performed to determine whether the transactions are in compliance with the investor’s objectives. A firm that does not investigate any wrongdoings or allows it to take place could result in being liable for failure to supervise.

Insider Trading

This is the trading of a company’s stocks or other securities by a broker or financial institution with access to confidential or non-public knowledge about the company. This could include brokers tipping off others about this non-disclosed information to try and influence a company’s publicly-traded stock price.

Investment Fraud

This generally refers to a wide range of deceptive practices used to scheme or deceive investors when making investing decisions. Such practices could include lying or providing misleading information as well as non-existent investment opportunities. Some types of investment fraud include pyramid schemes and Ponzi schemes.

Market Manipulation

This occurs when a broker or financial institution deliberately attempts to inflate or deflate the price of a security or otherwise influence the behavior of the market for personal gain. A broker may spread false information about a security to an investor in order to encourage them to purchase it and drive up the price. Once the price of the security is high, the broker will cash out his or her shares for a considerable profit.

Call 602-222-2222 to learn more about your potential legal claim.

Consult With a Prescott Securities Litigation Lawyer

For almost 30 years, Phillips Law Group has demonstrated a successful track record of recovering millions in compensation on behalf of clients in several counties throughout Arizona.

We are well-versed in securities litigation and know what it takes to secure fair compensation for victims of securities fraud. A licensed Prescott securities litigation lawyer from our firm is prepared to handle the legal process for you.

Let us review your situation and discuss your legal options during a free and confidential consultation. We do not charge any upfront fees and only get paid if we recover compensation on your behalf.

Get started with our free online formtoday.