Ten Part Legal Marketing Series

Part 7: Securities Fraud: When “good” Investments Disappear

legal-malpractice-lawThe nest egg stories

Cases of investment and securities fraud come in many sizes. It is hard not to feel for middle aged and older individuals who have seen their life savings and pension investments shrivel or disappear while under the supposedly watchful eye of some third party. Other securities tort cases have a huge reach. One fairly recent development is the rise in international securities fraud litigation–litigation that reflects the global explosion of financial markets and multinational corporations, and an increasing willingness on the part of investors to sue them.

Suing foreign corporations for securities fraud

In a recent story in USA Today, writer Edward Iwata points out that as of early October, 16 securities lawsuits have been filed in U.S. federal courts against foreign businesses this year. Last year only three such cases were filed. Among those being sued are L.G. Philips in South Korea, Xinhua Finance Media, a subsidiary of Xinhua Finance Ltd. of China, GlaxoSmithKline in the United Kingdom, and Alvarion in Israel.

Shareholders have agreed to substantial settlements with foreign firms, including a $2.2 billion settlement last year with Nortel Networks of Canada, a $1.1 billion settlement in 2005 with Royal Ahold in the Netherlands, and a $300 million settlement with DaimlerChrysler in 2003.

Plaintiffs’ law firms are now actively seeking to bring cases on behalf of foreign institutional investors with holdings in U.S. companies.

Foreign investors with claims

Helping foreign investors to sue in the U.S. courts? Hmmmm. That could call for major internet marketing.

Whether you are looking for ground-breaking cases, or just more of what you do best, you will have to make sure that you are marketing your services as effectively as possible on the internet.

Through OLM, you can:

  • build or upgrade your webpage
  • mount a marketing campaign to last as long as you want, in any area of plaintiff law practice
  • rapidly increase your new client leads
  • maintain an internet presence, by directory listing or your own ads, in the online news magazine LawyersandSettlements.com (LAS)
  • raise your firm’s internet profile for the millions of people surfing the Net and looking for legal help.

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