Allegations of securities fraud are complex, serious, and often involve both financial and reputational consequences. As a Commonwealth offence, these charges typically involve investigations by federal agencies and regulatory bodies and can result in significant penalties. If you are under investigation or facing charges, it is critical to seek experienced legal advice as early as possible.
At Slades & Parsons, our experienced criminal defence team regularly advises clients facing serious Commonwealth criminal charges, including securities fraud. We provide clear guidance and strong representation to protect your interests at every stage of the proceedings.
What Is Securities Fraud?
Securities fraud refers to a broad range of criminal conduct involving the manipulation or misuse of financial markets, investment products, or company information. Charges may arise under the Corporations Act 2001 (Cth), the ASIC Act 2001 (Cth), and other Commonwealth legislation.
Common examples of conduct that may lead to securities fraud charges include:
- Insider trading
Trading based on material, non-public information, often for personal gain. - Market manipulation
Artificially influencing market prices through practices like wash trades, false bids, or misleading market signals. - False or misleading financial reporting
Publishing materially inaccurate financial statements or failing to disclose required information to mislead investors. - Dishonest conduct in fundraising
Making false statements or omitting key risks during capital raising (e.g. misleading prospectus). - Misleading or deceptive conduct in securities trading
Includes any conduct likely to mislead investors under section 1041H of the Corporations Act.
Investigations are often conducted by ASIC (Australian Securities and Investments Commission), the Australian Federal Police (AFP), or other regulatory bodies. Many matters also involve complex financial evidence and parallel civil proceedings.
Penalties for Securities Fraud
The penalties for Commonwealth securities fraud offences are significant and depend on the nature and scale of the alleged conduct. Maximum penalties may include:
- Substantial fines
- Terms of imprisonment
- Director disqualification orders
- Confiscation of financial assets
- Ongoing reputational and professional consequences
Given the complexity of these matters and the potential severity of penalties, securing expert legal representation is essential.
How Slades & Parsons Can Help
Securities fraud cases often involve extensive financial documentation, expert reports, and complex regulatory frameworks. Our team is experienced in navigating these challenges and developing strong, strategic defences tailored to each client’s unique circumstances.
We work closely with financial experts, forensic accountants, and other professionals where necessary to build a comprehensive case. Our focus is always on protecting your rights, minimising exposure to risk, and seeking the most favourable outcome available.
Whether you are under investigation or have been charged, early legal advice can make a critical difference to the outcome.
Speak to an Experienced Securities Fraud Lawyer
If you are facing securities fraud allegations, contact Slades & Parsons for expert advice. Our team has extensive experience defending clients in complex Commonwealth criminal matters.
Contact us today to arrange a confidential consultation and discuss how we can assist with your case.