Our Firm’s Profile
Klayman & Toskes, P.A.’s sole focus is in the practice of securities arbitration and litigation, resulting in the recovery of millions of dollars on behalf of aggrieved investors. The Firm’s securities claims focus on brokerage firms’ failure to supervise their financial advisors who engage in unsuitable investment recommendations, the excessive trading of customers’ accounts, inappropriate allocation of portfolio assets, misrepresentations and/or material omissions of fact resulting in fraud, negligence, breach of fiduciary duties, failure to advise their clients of risk management strategies and excessive use of margin.
The Firm has been featured regarding its securities cases in such financial and national publications as The Wall Street Journal, The New York Times, On Wall Street, Registered Representative and Investment News. (To read these articles as well as numerous other news articles, please visit the Firm’s Newsroom
The Firm has successfully served as Plaintiffs’ counsel in securities litigation cases which include:
In re: Sunbeam Securities Litigation – $141 million recovered
In re: Imclone Systems, Inc., Securities Litigation – $75 million recovered
In re: Premiere Technologies, Inc. Litigation – $21 million recovered
In re: Dreyfus Aggressive Growth Mutual Fund Litigation – $20 million recovered
In re: Denver International Airport Bond Securities Litigation – $5 million recovered
For more information on cases where Klayman & Toskes, P.A. serves as counsel, please visit the Firm’s Newsroom
As the securities markets have experienced dramatic declines in the years 2000, 2001 and 2002, a large portion of the Firm’s cases focus on the failure of brokerage firms to advise Employee Stock Option Plan
participants of risk management strategies such as hedging their concentrated portfolios. Additionally, the Firm is representing clients who have been damaged as a direct result of the misrepresentations and fraudulent omissions made by brokerage firms in their recommendations of investments to clients.