Shareholders today are beset by a host of potential threats to their financial interests. From “options backdating” to traditional insider trading “pump and dump” schemes, securities frauds continue to plague our publicly traded companies, costing Americans billions of dollars every year. At the same time, self-serving corporate executives and directors commonly flout their fiduciary duties and steer their corporations into mergers and acquisitions that serve only the insiders, at the expense of the common investors.
Fortunately, investors have remedies at their disposal, and FT is committed to aggressively pursuing shareholder rights in the courts and in arbitration. FT has served as lead or co-lead counsel in dozens of securities fraud and breach of fiduciary duty class actions in federal and state courts across the country. We have represented an array of institutional investors and high net worth individuals including CI Mutual Funds Inc.; Assante Asset Management Ltd.; the RTC; the FDIC; the Federal Office of Thrift Supervision; The Pennsylvania Avenue Funds; Athena Capital Management; Terrier Partners, LP; and Quilcap Corp. FT’s cases have recovered hundreds of millions of dollars for investors.