Securities attorney Marc Fitapelli explains the basics of securities fraud. First, attorney Fitapelli defines "what is a security" based on the seminal US Supreme Court case SEC v. W.J. Howey Co., 328 U.S. 293 (1946). After understanding this concept, attorney Fitapelli provides specific examples of what is or is not a security based on case law and his experience as a securities law attorney.

Securities fraud is defined to mean a material misrepresentation or omission made in connection with the offer and sale of a security resulting in damages to the investor. This is not a technical definition and is used for illustrative purposes only.

This video is attorney advertising and Marc Fitapelli is the attorney responsible for its contents. He can be contacted at 800-767-8040 or by mail at MDF Law PLLC, 28 Liberty Street, 30th Floor, New York, New York 10005. Prior results do not guarantee a similar outcome. For more information please visit www.mdf-law.com

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