Financial Trading Litigation – Online Scams and Fraud

Tol Litigation is in a market-leading position in the worryingly fast-growing niche of financial fraud.  Trading is frequently subject to fraud whereby novice investors are targeted by unscrupulous brokers operating on the international stage.  The international media such as The Times of Israel, The Jewish Chronicle, Finance Magnates, The Wall Street Journal, The Sunday Times reports the scams on a regular basis. 

The combination of Giambrone’s extensive experience in financial scam litigation, centred mainly on Forex cases, coupled with our expertise with financial technology, enables us to successfully resolve cross-border multi-jurisdictional disputes.  Our assertive approach to litigation means we were ideally placed to manage a wide range of types of financial frauds.

Tol Litigation represents investors in Forex and securities arbitrations and litigation worldwide. We have successfully represented hundreds of individual investors in Forex and securities fraud lawsuits and arbitrations, with extensive claims amounting to millions of euros. Our experience also includes the representation of registered representatives/brokers in regulatory investigations and disciplinary proceedings.

Investors should be aware that there is a high potential for fraud in this area which can result in the loss of the entire investment. We strongly encourage investors to check the background of brokers and advisers and trading platforms and take time to research the firm to obtain simple background information, bearing in mind that the ability to trade in binary options is now extremely limited, before making a decision to invest.

Binary Options Trading Litigation 

Whilst binary options trading has been curtailed in Europe, it is still possible to trade under certain circumstances.  It is a high-risk practice and in simple terms, a binary option is a financial option in which the pay-off is either a fixed monetary amount or nothing at all.  There are two types of binary option; the first is a cash-or-nothing option which pays a fixed amount of cash if the option expires in profit or an asset-or-nothing option which will pay the value of the underlying security. Binary options are securities in the form of options contracts where the payout depend on whether the underlying asset increases or decreases in value. They’re called “binary” options because unlike other derivatives sold on the capital markets, there are only two options here: profit or loss. In such an all or nothing payout structure, investors betting on a stock price increase face two possible outcomes when the contract expires: they either receive a pre-determined amount of money if the value of the asset increased over the fixed period or no money at all if it decreased.

Online scams are nothing new.  From the rogue emails sent usually from allegedly Nigerian “wealthy individuals” who offer to share their inheritance in return with some help in moving funds around (and with the aim of seeking your bank account details).

Contact Us