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usually involves some kind of illegal
investment scheme the
person comes to the attention of the
authorities typically we would see
Securities fraud
prosecuted by the federal government we
often see what they call parallel
proceedings so we would see a civil
Securities fraud case brought by the
Securities and Exchange Commission
and then we would also see a a companion
if you will criminal case brought by the
Department of Justice so when we see
this the SEC action we’re thinking
there’s probably a a doj action and we
need to
coordinate what what the responses are
and see if we can understand the full
scope of the investigation
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Minneapolis, MN criminal defense lawyer Andrew Birrell explains what securities fraud is.