Skelton & Woody handles all types of securities litigation, including class action suits filed on behalf of shareholders, claims by investors against broker/dealers, and N.A.S.D. arbitrations. We have represented the corporate issuer of securities, the officers and directors, and on one occasion an insurer which was also named a defendant in a securities fraud suit against its insured. While the vast majority of our work in this area in the past has been on the defense side, we now represent plaintiffs on a selective basis when we believe the facts justify our involvement.
Our philosophy for handling securities fraud cases, whether for defendants or plaintiffs, is to focus on legal challenges to our opponents' legal theories. We have had much success on motions to dismiss and motions for summary judgment that either conclude the case, or significantly narrow the issues so that a favorable settlement is more possible. We also have expertise in assisting defendants in securing insurance coverage for securities fraud suits, whether under director and official liability policies or coverage purchased by the corporate defendant.