Jones Day has a core group of lawyers with substantial experience and success in litigating securities fraud cases.
Securities fraud litigation poses particular risks and challenges, and experience in the management and strategic planning that accompany the successful defense of those cases is critical. Jones Day has successfully brought these skills to bear on behalf of companies and individuals in cases alleging violations of Sections 10(b) and 20A of the U.S. Securities Exchange Act of 1934 and Sections 11 and 12 of the U.S. Securities Act of 1933.
Jones Day has been active in litigating some of the key threshold issues under the PSLRA. We have won dismissal of many securities fraud cases under the more stringent PSLRA pleadings requirements, including motions to dismiss related to allegations of financial performance misrepresentation, scienter, accounting fraud, and group pleading. We have also prevailed on these issues in the federal appellate courts.