Hedge Fund, Mutual Fund & Other Corporate Fraud

Recognized Lawyers Nationwide

Stone Bonner & Rocco LLP ("SBR") is a recognized leader in pursuing securities fraud and other misrepresentation-based claims on behalf of institutional and individual investors in public and private companies, hedge funds and mutual funds. SBR frequently serves as lead counsel in complex matters involving allegations that defendants engaged in deceptive conduct, failed to disclose material information and breached fiduciary obligations owed to investors. Our attorneys possess significant experience in performing the investigations necessary to uncover corporate, hedge fund and mutual fund fraud and in handling every stage of the litigation process, from pre-trial proceedings through trial and appeal.

The fact that many of our matters initiate as referrals from other law firms demonstrates the depth of our expertise. Moreover, courts nationwide have consistently recognized the firm's ability to handle complex, high-profile litigations and the excellence of the results produced by the firm in those matters.

Our matters range from individual actions in which institutional investors have lost tens or hundreds of millions of dollars to class actions involving far smaller losses suffered by large groups of investors. The firm frequently litigates and arbitrates cases involving:

  • Misrepresentations and omissions related to companies' financial results and the risks posed by particular investments
  • Companies' failure to prepare financial statements in accordance with generally applicable accounting principles (GAAP)
  • Accounting firms' failure to conduct audits in compliance with generally accepted auditing standards (GAAS)
  • Misrepresentations and omissions related to mutual and hedge funds' investment criteria and strategies
  • Breaches of fiduciary obligations committed by corporate officers and directors, fund managers and stockbrokers

The firm's lawyers build our clients' cases through aggressive pre-suit and post-suit investigations and the use of various formal and informal discovery mechanisms. Where appropriate, we employ leading financial and industry experts to assist us in analyzing clients' potential claims and in proving those claims at trial.

One of our mutual fund fraud cases resulted in a $20.5 million settlement, which represented 98% of the damages claimed by class members. Our successful handling of the case was commended by Judge Harold Baer of the Southern District of New York, who noted that "certainly, the class was ably represented and the ensuing settlement is commendable." [1]

We are committed to obtaining favorable results on behalf of our clients in the most efficient and economical manner possible. To schedule a no-cost consultation, call us at 212-239-4340. Prospective clients may also contact us online for more information.

[1] Order, In re Dreyfus Aggressive Growth Mutual Fund Litigation, No. 98 Civ. 4318, June 22, 2001, 2001 U.S. Dist. LEXIS 8418.