Proven credibility leads to exceptional results


Parsons Behle & Latimer’s Securities Litigation practice team represents several of the largest broker-dealers in the United States and has been involved in many of the largest and most complex securities class action cases in Utah. We have the depth of experienced resources necessary to staff the largest cases, and we have the close working relationships with securities regulators to achieve the best possible outcome in each case.

Parsons' Securities Litigation practice team represents clients in private and regulatory securities litigation matters, including representing companies, officers, directors, broker-dealers, registered representatives, investment advisors, and accountants in internal investigations, derivative actions, class actions, proxy disputes, FINRA arbitrations, shareholder disputes, Ponzi-scheme litigation, receiverships, partnership disputes, and in defense of regulatory enforcement actions involving the United States Securities & Exchange Commission (SEC), the Utah Division of Securities, Financial Industry Regulatory Authority (FINRA) and the Public Company Accounting Oversight Board (PCAOB).

Parsons also represents clients in corporate dissolution matters, squeeze-out merger litigation, corporate veil piercing, and shareholder dilution-related litigation. Our attorneys have represented clients in securities law compliance matters, including, with respect to broker-dealer compliance, non-competition agreements, golden handcuff forgivable loans, and the transfer, sale and/or acquisition of client securities accounts by registered representatives and broker-dealers.


Key Contacts

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U.S. Securities & Exchange Commission v. Alpine Securities Corporation (SDNY)

Defending client against SEC, determining if the SEC has authority to bring enforcement cases for violations of the Bank Secrecy Act/Anti-money laundering provisions, typically left to the primary regulator under the BSA which is FinCEN.

Internal Investigation into Improper Conduct

Represented public company audit committee in an internal investigation to determine if an officer engaged in improper conduct in overstating reported segment revenue.