BFA’s U.S. Securities Litigation practice is built on a foundation of selectivity, strategic insight, and a relentless commitment to maximizing value for institutional investors. We represent some of the world’s largest pension funds, sovereign wealth funds, and retirement systems, as well as individual investors—clients who rely on us for candid guidance and sophisticated advocacy in high-stakes securities litigation matters.
A Strategic, Selective Approach
At BFA, we choose quality over quantity. Every potential case undergoes a rigorous evaluation focused on legal merit, recovery potential, and alignment with our clients’ long-term interests. This disciplined approach allows us to dedicate substantial resources to each matter, ensuring that every recommendation—whether to move for lead plaintiff, pursue an opt-out, or continue monitoring—is made with integrity and with the client’s reputation at the forefront.
Relentless Advocacy, Proven Results
Our team is recognized for its ability to litigate aggressively and creatively against formidable corporate defendants. BFA consistently ranks among the top firms nationwide for securities recoveries, routinely achieving results that far exceed industry averages. Our trial-tested attorneys are known for their tenacity and for securing outcomes that set new standards for shareholder recoveries.
Client-Centered Counsel
We understand the reputational and operational stakes for institutional investors. BFA’s client-first philosophy means we are more than litigators—we are long-term counselors, providing clear, actionable advice and minimizing disruption throughout the litigation process. Our approach is defined by transparency, open communication, and an unwavering commitment to ethical advocacy.
A Trusted Partner to Leading Investors
BFA is proud to serve as a trusted advisor to many of the most sophisticated institutional investors in the U.S. and Canada, and throughout the world. Our reputation for excellence stems from our ability to deliver exceptional results, our focus on quality over quantity, and our dedication to protecting clients’ interests at every stage.
To discuss a potential securities matter or learn more about our approach, contact us at BFASecuritiesCases@bfalaw.com.
Frequently Asked Questions
After the stock market crash of 1929, Congress passed the Securities Act of 1933 and the Securities Exchange Act of 1934 to rebuild investor confidence. The securities laws’ goals are to ensure fair, orderly, and efficient markets. They require companies to tell the truth, give investors timely information, and hold companies accountable when they mislead the public. The laws prohibit fraud, false statements, and omissions of material facts. If companies violate these rules, a securities class action lawsuit helps investors hold them accountable and potentially recover losses.
A securities class action is a lawsuit brought on behalf of a group of investors who purchased (or sometimes sold) securities in a company and suffered stock losses because the company, its officers, directors, or others violated the securities laws. Instead of filing hundreds of separate cases, investors file a single class action to recover losses.
For individual shareholders, this makes it possible to potentially recover stock losses without paying the high costs of bringing your own lawsuit.
Typically, securities class actions are for investors who purchased common stock. However, it may also cover options, preferred shares, or bonds if they are included in the class definition.
The class period is the timeframe when the alleged fraud or wrongdoing occurred. If you purchased shares during this period, you may be a class member.
No. You are eligible to participate whether you sold or still hold your securities. What matters is that you purchased your securities during the class period and were harmed by the alleged misconduct, not that you still own them.
Every securities class action must have a lead plaintiff. The court will appoint a lead plaintiff to lead the case, represent all other class members, and act in the best interest of the class. Either institutions or individual investors can serve as the lead plaintiff.
A lead plaintiff plays a more active role in the case than other class members. It oversees the litigation, selects the counsel of its choice to ensure the case is led as vigorously and efficiently as possible, protects the interests of the class, and has a seat at the table during any potential settlement negotiations. There are no additional costs for serving as the lead plaintiff.
Your losses depend on your trading history during the class period. To determine your estimated losses, send us your transactions in the company at issue by emailing inquiries@bfalaw.com or by using the form here, and we will determine your losses and whether you are an eligible class member.
Investors can provide brokerage statements, trade confirmations, or other records showing the dates, prices, and amount of securities purchased and sold during the class period.
These documents will help us confirm your eligibility and calculate your losses. Once we receive these documents, we will then review your trades and losses, determine your eligibility, and explain your rights and options.
No. BFA operates on a contingency fee basis, meaning we are only paid if we win or resolve the case. You will never pay anything out of pocket. If we are successful, we will request our fees and expenses to be paid from the settlement fund. Court approval is required for any award of attorney fees or expenses. This helps protect investors from unreasonably high fees.
Every case is different. Cases typically last an average of 2-5 years, depending on whether they resolve early, go to trial, or face appeals. While the class action process takes time, it is often one of the only effective ways for investors to recover losses from securities related misconduct.
If you think that a company misled investors, contact BFA at inquiries@bfalaw.com or by using the form here to discuss the case and your options.
BFA is a leading class action law firm recognized for its legal prowess, tenacious advocacy, proven results, and unwavering commitment to integrity. Our approach is defined by transparency, open communication, and an unwavering commitment to ethical advocacy.
At BFA, we choose quality over quantity. Every potential case undergoes a rigorous evaluation focused on legal merit, recovery potential, and alignment with our clients’ long-term interests. This disciplined approach allows us to dedicate substantial resources to each matter, ensuring that every recommendation is made with integrity and with the client’s reputation at the forefront.
BFA’s litigation team has an unparalleled record, having helped secure over $17 billion on behalf of investors and consumers since our founding, including:
- A settlement on behalf of Tesla, Inc. against certain current and former members of Tesla’s Board of Directors, under which the Director Defendants will return to Tesla and forgo certain future compensation valued at $919 million. This is the largest shareholder derivative settlement in the history of the Delaware Chancery Court.
- An historic $725 million settlement in a consumer privacy class action against Facebook, the largest recovery in a data privacy class action to-date.
- A $420 million resolution on behalf of investors in Teva Pharmaceuticals Industries Ltd., one of the five largest securities settlements ever achieved against a pharmaceutical manufacturer.
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Contact BFA at inquiries@bfalaw.com or through the form here and submit your information. There is no cost to you. We will review your information and determine whether you may be eligible for recovery through a securities fraud class action lawsuit.
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