Representing Investors In Securities Litigation
Branstetter, Stranch & Jennings, PLLC, represents plaintiffs in federal securities litigation. The members of our securities practice group have extensive litigation experience at the trial and appellate levels in both state and federal courts. The lawyers in this group are admitted to practice in all state and federal courts in Tennessee and the United States Court of Appeals for the 6th Circuit.
We protect the rights of both individual investors and institutional investors who have been injured by the misconduct of publicly traded companies and suffered losses under both the 1933 and 1934 Federal Securities Act. We have successfully represented clients’ interests through the class action procedure and also as individual opt-out cases. In every case, we strive to obtain maximum compensation for our clients’ injuries, whether through settlement, mediation, arbitration or trial.
Pursuing Compensation In Even The Most Complex Cases
Established in 1952, our law firm has extensive experience with the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC) and other agencies. We litigate cases involving all types of securities fraud and other issues, including:
- Breach of fiduciary duty
- Failure to disclose material facts and investment risks
- Recommending unsuitable investments
- Failure to conduct due diligence
- Hedge fund fraud
- Failure of brokerages to supervise brokers
- False reverse-merger investments
- Unauthorized trades
- Failure to diversify
- Stock churning
- Junk bond funds
- Excessive margins
- Structured finance or structured products
- High-pressure sales tactics
Notable Securities Litigation Cases
Branstetter, Stranch & Jennings, PLLC, has successfully litigated numerous cases related to securities law. These include but are not limited to:
- Worldcom Securities Litigation, No. 03-27211 (Davidson County Chancery, Tennessee) (Judge McCoy). Co-lead counsel in a securities action by the Tennessee Consolidated Retirement System against the banks that underwrote Worldcom bonds during a period of time in which Worldcom was manipulating its accounting. Settlement was reached that provided a recovery to the retirement system of $7 million.
- Bridgestone Securities Litigation, Master File No. 3:01-0017 (N.D. Tenn.). Firm is currently serving as local counsel in action brought against Bridgestone and its officers and directors in an action alleging violation of federal securities laws.
- Plumbers & Pipefitters Local 572 Pension Fund v. Cisco Systems, Inc., Civ. No 5:01-CV-20418 JW, (N.D. Calif.). The firm is currently serving as one of the attorneys in action brought against Cisco Systems, Inc., alleging violations of federal securities laws.
- Doral Financial Group, Inc., Securities Litigation (Deerfield Beach Non-Uniformed Municipal Employees Retirement Plan et al. v. Doral Financial Group, Inc., et al.), No. 3:05-cv-01430-HL (D. Puerto Rico). Action brought by stockholders of Doral Financial Group, Inc., the largest residential mortgage lender in Puerto Rico, alleging that its directors, along with certain of its officers, violated the federal securities laws. The alleged violations stem from the dissemination of false and misleading statements which had the effect of artificially inflating the price of Doral securities.