Gresham Algorithm Fraud Lawyer
Computer programs have become so sophisticated that they can execute stock trades based on minute market variables. Algorithmic trading is trading conducted by computers that respond quickly to variances in the stock market, taking specific actions depending on market data. This commoditization of brokerage services has reduced trading costs while increasing the speed, efficiency, and quality of trade execution. However, while this technology has mostly been a boon to investors, it’s also opened up opportunities for unscrupulous fraudsters to manipulate the programs for their personal gain. If you suspect high-frequency trading fraud, talk to our Gresham, OR algorithm fraud lawyer about your legal options for reporting it. At Whistleblower Law Partners, we help people like you report fraud and secure a share of any recovery. Call today to learn more.
Algorithm Fraud Lawyer Gresham, OR
Algorithmic trading has opened up investment opportunities and arbitrage that may have been cost-prohibitive in the past, making them rewarding for many new investors. However, as with any new software advances, there is also considerable opportunity for unscrupulous hackers and other fraudsters to exploit the programs for personal gain. Automated trading systems also pose other internet risks. If the software has a bug or the computer breaks down (or if the software wasn’t properly designed in the first place), non-market-priced trades may be executed, destabilizing the market and creating artificial volatility.
Sophisticated traders can manipulate markets using complex programs and specifically programmed algorithms to take advantage of pricing anomalies. “Spoofing” and “quote stuffing” are common schemes designed to cause market instability, so the spoofer profits from the losses of other investors.
If you suspect fraud or have evidence of “spoof” trades, you can report it anonymously. Our Gresham algorithm fraud lawyer can help you. We file the claim for you and instruct you on the right way to gather evidence. As a whistleblower, you may be eligible for a portion of any recovery. We walk you through the qui tam lawsuit process, shielding your identity as long as possible, and help you get the maximum reward.
Why Our Experience Matters In Algorithmic Manipulation Claims
Reporting fraud and misuse of computer programs to execute fraudulent trades helps protect innocent investors from losses caused by a manipulated market. At Whistleblower Law Partners, we have considerable experience winning difficult cases like this and securing high-value recoveries for our clients. We protect your anonymity as much as possible and shield you from any retaliation.
- Lead attorney Vivek Kothari represents Oregon as the state’s only member of The Anti-Fraud Coalition
- Vivek Kothari was selected for inclusion in Best Lawyers in America (2024)
- Our litigators handle cases across the country, many involving multimillion-dollar claims
- Vivek co-founded the Oregon Clemency Project, an initiative dedicated to criminal justice reform and clemency advocacy
Do you suspect, or have evidence, of computer fraud being used to manipulate trading? Call our Gresham algorithm fraud lawyer today for a consultation.