Securities Law

1934 Act Litigation | Breach of Fiduciary Duty | Breach of Contract | Churning | Non-Compete | Failure to Supervise | Fraud | Unauthorized Trading | Unsuitability

Duffy & Sweeney’s securities law attorneys are known for providing successful representation for clients in complex securities matters before courts and arbitration panels.

Our securities litigators have over 30 years’ combined experience in securities-related litigation including securities class actions, derivative lawsuits, regulatory investigations, enforcement actions and customer litigation. Our attorneys represent financial service firms, their officers, advisors, brokers and employees as well as high-net-worth individuals with viable claims of investor fraud or mismanagement. Our securities law team is well-versed in all manners of investment products and industry-specific concerns, including fiduciary and trust arrangements, supervision cases and allegations of “selling away.”

Duffy & Sweeney co-founding partner Robert Duffy has been consistently ranked by Chambers USA: America’s Leading Guide for Business and named a “Best Lawyer” by The Best Lawyers in America for his security law expertise.

Our office is based on South Main Street in Providence, Rhode Island in the rapidly developing waterfront / I-195 region, connecting the East Side to Downtown and the Knowledge District. Contact us at 401.455.0700.

  • Duffy & Sweeney succeeded in securing a $268,000 award for their client in an action against his investment advisor, the advisor’s supervisor and the investment firm. In a 6-day arbitration, Partner Stacey Nakasian built the case that the brokers and their firm had violated various securities regulations and common law duties by recommending and purchasing unsuitable investments in the client’s accounts. She successfully overcame defenses that her client was a sophisticated investor who understood and approved the high-risk trading undertaken in his accounts.
  • The corporate team represented a real estate project development and management company in its acquisition of a Newport-based yachting and entertainment venue in 2014. The eight-figure transaction involved a private placement of equity under Rule 506 of Regulation D of the securities laws as well as traditional bank financing.
  • Our litigators won a sizable award including punitive damages in an arbitration against brokers and brokerage firms on claims for churning and failure to supervise.