PHILADELPHIA--(BUSINESS WIRE)--Goldman Scarlato & Penny, P.C., a law firm focused on protecting the rights of individual investors, expects to see an uptick in corporate fraud and other misconduct if certain recently announced rollbacks of regulations in the financial markets are enacted. As history shows, the loosening of regulations designed to promote accountability and protect shareholders opens the door for those inclined to stretch the truth or even commit outright fraud.
According to firm partner Mark Goldman, “We expect to see an upturn in securities fraud litigation if regulations concerning disclosure are relaxed as certain unscrupulous companies will certainly seek to take advantage of that development.” Partner Paul Scarlato commented, “Just because a stock price drops or a bond loses value does not in and of itself signal fraud or misconduct. That is where our years of experience in this practice area come into play for our clients. We are able to apply our investigative resources, years of experience, and knowledge of the securities laws to determine whether investors have been misled and have a claim to recover their losses.”
If you have lost money on an investment, whether it’s a sudden stock drop as a result of a surprise announcement or disappointing news, a bond default, or think you have been the victim of a Ponzi scheme, our lawyers are here to answer your questions.
The attorneys of Goldman Scarlato & Penny, P.C. bring over 30 years of experience investigating and litigating investment fraud cases in courts throughout the country. Please visit our website, www.lawgsp.com for more information about the Firm and our attorneys.
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