Securities

ARIZONA SECURITIES LAW

One of my practice areas is the litigation and arbitration of securities law violations and investment frauds. The Arizona Securities Act (ASA) was designed to be broadly remedial, and it is valuable when seeking legal relief. Given the broad scope of the ASA, it is not uncommon for business people to unintentionally run afoul of the …

ARIZONA’S “ECONOMIC LOSS RULE” AND YOU

Any lawyer worth his or her own salt will tell you to “get it in writing.” This, of course, is in reference to any contractual matter that is of significance. Other than just suggesting you consult your attorney before entering into any such commercial transaction, I think it is important to know that documenting the …

ARBITRATION AGREEMENTS

Arbitrations are in the news quite frequently. Ever heard of the Tom Brady and New England Patriots’ “Deflate-Gate” scandal? In more everyday application to our lives, arbitration agreements exist in many of the contracts that we sign on a daily basis. And, even when you file a lawsuit in the Arizona Superior Court, arbitration may be compulsory …

THE ARIZONA SECURITIES ACT AND “LOSS CAUSATION”

In Hirsch v. Arizona Corporation Commission, Division One of the Arizona Court of Appeals recently addressed the issue of “loss causation” as it arises under the anti-fraud provisions of the Arizona Securities Act (the “Act”).   Generally, “loss causation” is a term of art, and it requires that the plaintiff (whether in court litigation or private …