MN Securities Fraud Attorney

Minneapolis, MN criminal defense lawyer Andrew Birrell explains what securities fraud is. He states that securities fraud typically involves an illegal investment scheme that draws the attention of regulatory or law enforcement authorities. Such cases are most often prosecuted by the federal government. He notes that it is common to encounter parallel proceedings, where a civil securities fraud case is initiated by the Securities and Exchange Commission (SEC) while a related criminal case is pursued by the Department of Justice (DOJ).

In these situations, he emphasizes the importance of coordinating responses to both civil and criminal actions in order to fully understand the scope of the investigation and develop an effective defense strategy for the client.