Logo better3

53 W. Jackson Blvd., Suite 1320
Chicago, IL 60604

Securities Fraud and Shareholder Derivative Litigation

At Miller Law, we have decades of experience representing plaintiffs in securities fraud and shareholder derivative lawsuits. We understand the complex legal issues involved in these cases and are dedicated to using our expertise to help our clients recover losses caused by fraudulent and deceptive practices. Our attorneys have a proven track record of success in litigating securities fraud cases and have helped recover hundreds of millions of dollars on behalf of our clients.

Securities fraud and shareholder derivative lawsuits play an important role in holding corporations and their executives accountable for their actions. These lawsuits allow investors to recover losses caused by fraudulent practices, such as misrepresentations, omissions, and insider trading. In addition, shareholder derivative lawsuits allow shareholders to bring claims against corporate officers and directors who breach their fiduciary duties, resulting in harm to the company and its shareholders. At Miller Law, we are committed to representing plaintiffs in these types of cases and helping them obtain the compensation they deserve. We believe that securities fraud and shareholder derivative lawsuits serve as an important check on corporate misconduct and are essential for maintaining the integrity of our financial markets. 

Case Spotlight

This was one of the very first multi-district securities class actions.  Plaintiffs’ counsel advanced the novel issue of whether Single Premium Deferred Annuities sold by the stock brokerage industry were securities and the sale of approximately $4.2 billion were in violation of the federal and state securities laws.  A $180 million settlement was obtained and was one of the largest securities class action settlements at the time.  In awarding interim counsel fees, Judge Charles Brieant commented “…that plaintiffs’ attorneys [including Marvin A. Miller as co-lead counsel] had rendered extremely valuable services with diligence, energy and imagination, and are entitled to just compensation.”

Shareholder Litigation Accomplishments

$200 Million Class Settlement

$98 Million Class Settlement

$ 31 Million Class Settlement