White Glove Service. Excellent Results. Strong Reputation.

Read Our Reviews

NYC SEC Subpoenas Lawyers

November 18, 2016

As the financial world gets more complex, it becomes harder for financial professionals to maintain an understanding of the various rules and regulations. Because of this, more individuals are receiving subpoenas from the Securities and Exchange Commission. When this happens, it can make a person quite nervous and scared, wondering what will come next. However, instead of weaving your way through the legal process alone or with an attorney who has little or no experience in these matters, contacting an SEC subpoenas lawyer can make the process much easier from the beginning.

Why Am I Being Contacted?
When you receive a subpoena from the SEC, the first thought you’ll have is wondering why you are being contacted by the agency. In most cases, you are being contacted because the SEC has placed you under investigation or it is believed you have relevant information pertaining to a current investigation. In either case, the subpoena will state that you are expected to provide certain documents to the agency, or that you will be expected to testify in court or at a hearing with SEC investigators. If you are the recipient of a subpoena, it’s vital to meet with an experienced lawyer as soon as possible. Otherwise, you may make critical mistakes that could result in further legal trouble. For example, by not having a lawyer present with you during questioning, you may incriminate yourself so that something you say will be used against you. Or if you are asked to provide certain documents, it will be to your benefit to speak with your attorney to find out if it will be in your best interest to hand over the requested documents.

Responding to SEC Subpoenas: Formal Order of Investigation
Once you receive your subpoena, there are several important points your attorney will need to address prior to any action being taken. Of all these, gaining a copy of the formal order of investigation is perhaps the most critical to ensuring all goes well. A document that goes into great detail regarding the agency’s investigation, it can give your attorney additional facts about the case. In doing so, a solid defense strategy can be planned, or your attorney can help you become better prepared to testify at your OTR, also known as an On the Record Interview. At this interview, saying the wrong thing can be devastating. Even if you say something you otherwise believe is harmless, the fact is investigators and SEC attorneys can take your words out of context and use them against you.

What If I Am Charged? Responding to SEC subpoenas.
If after having an OTR or handing over documents you find out the SEC plans to charge you with a crime, you must have the sound advice of a knowledgeable SEC subpoenas lawyer. Realizing you can be charged either civilly or criminally, your attorney will begin to do what is necessary to protect your legal rights. While your case can be heard in a courtroom or in an administrative proceeding with an administrative law judge presiding, many of these matters are settled before they reach either of these settings. Surprisingly to many who are investigated, the SEC prefers to resolve disputes in this manner so that they can keep from becoming bogged down with a handful of difficult to solve cases.

What Are The Penalties if I don’t respond to respond to SEC subpoenas.
If after having a hearing or testifying in court you are found guilty of the charges levied against you, various penalties may be imposed. If you are found to be criminally liable, imprisonment as well as fines may be part of your sentence. However, if you are found to be guilty in a civil hearing, you may be fined thousands of dollars, have your license suspended or revoked, and be forced to repay any profits you made from illegal activity.

Responding to SEC Subpoenas: Use an Experienced Attorney
When you find yourself the subject of an SEC investigation, having an experienced attorney on your side can save your career and your reputation. By focusing on protecting yourself and your livelihood, you greatly increase your chances of having a successful outcome to your case. Instead of letting this become a negative life-changing event, let a skilled SEC subpoenas lawyer help you achieve the results you desire.

NYC Pump and Dump Criminal Lawyers

Spodek Law Group, PC, is a criminal defense law firm founded by two former prosecutors who handle virtually every type of white collar crime. Pump and dump schemes, are one of the most popular forms of white collar crimes prosecuted by federal authorities. With the rise of the internet, pump and dump market manipulation has drastically increased, and as a result authorities are conducting more and more investigations into suspected schemes. If you’ve been charged with pump and dump market manipulation, you could be accused of violating securities laws which leads to immense financial fines. In addition, if you’re charged with market manipulation, it’s possible you may be investigated by federal authorities and face jail time. At Spodek Law Group, PC, our nyc criminal attorneys can protect your rights and preserve your future.

Pump and dump is a form of stock fraud which typically involves microcap companies. These are companies with a market capitalization of under of $250 million. They are often called penny stocks, because they are trade at levels below $1. Fraud typically occurs when someone is manipulating the stock price by spreading false, or misleading info, resulting in the share price increasing. The person conducting the scheme sells his shares at a profit. The people behind the scheme pump the value of the stocks, and then sell their stock. They stop promoting the stock, which results in the stock price plummeting. Pump and dump schemes are easily accomplished due to the fact penny stocks are traded OTC rather than major markets. The OTCBB has less regulations and is easier to manipulate.

With telemarketing and internet becoming popular, it’s become easier to disseminate false information. If you’re accused, we encourage you to contact our lawyers. We have extensive experience handling federal investigations, and can help build a credible defense and weaken the opposing prosecutions case.

Laws surrounding pump and dump schemes

There are a number of laws that forbid pump and dump:

Securities act of 1933: It prohibits anyone from selling or offering securities as a part of a scheme to defraud. It makes it a criminal act to make material misstatements, omitting material facts, or participating in schemes that defraud purchasers.

Securities Exchange Act of 1934: Prohibits fraud, material misstatements in the sale of purchase of securities

US Code Section 1343: Wire fraud criminalizes any scheme which uses any form of communication.

US Code Section 1341: The statute prohibits fraud and swindles, which use the postal service. If you sent false statements about a company using the mail, then you could be charged with postal fraud.

These are just a few of the laws which could impact you if you’re being investigated for pump and dump schemes.

Charle Butler
Charle Butler
I was hesitant to hire the Spodek Law Group. I read reviews and knew they have a great reputation. However, I thought I would spend money and not see or speak to my attorney. From the beginning to end of my case Todd and the entire staff were available and willing to help. We worked towards and end result that was way above my expectation and Todd delivered. I am forever grateful for patience and long days and night spent working on my case. Thanks Todd and the entire team!
Mesonista parsons
Mesonista parsons
My attorney at Spodek was Abigail. She was very knowledgeable and helpful with all my questions and concerns, as well as responsive. Her fees are affordable and Abigail took the time to make sure I understood everything relating to my case. I highly recommend Abigail and will request her services in the future.
debabrata chakraborty
debabrata chakraborty
Todd A Spodek is the experienced and best criminal lawyer at USA. He is very professional and always respond on time. Alex also very cooperative and always help me. They took care me and my problem like family member. I am 100% satisfied for their professional service. My result was unexpected and amazing. They dismissed my case. I am really grateful to them. I will recommend you to go there if you want to solve your problem. I wish all the best for them.
Asata Hendricks
Asata Hendricks
Truly appreciate the work the guys did!. Exceptional team & I know they care about each and everyone of their clients. I am super thankful to be referred to Spodek Law Group and I am grateful Todd & Alex were able to work diligently to achieve an outcome I am pleased with. Despite COVID they stayed on top of things and kept me informed every step of the way. Very thankful.
Mike Moroff
Mike Moroff
I'm very satisfied with the services rendered by Todd, Alex and Mary Lou. I whole heartedly recommend Spodek Law Group . I've worked with and have retained other attorneys in the past with Todd's firm being the cream of the crop for many reasons. A very serious legal matter was resolved after a year's hard work and effort. Todd expertly guided me through the process and was able to navigate and make the good journey bearable as well as successful. Mary Lou initially provided excellent assistance before referring my case to Todd. Alex's support was effective and timely. The customer portal (MyCase) is an invaluable communication tool that also kept track of my case. Various aspects of my case were explained and there were several options provided but I made the final decision of how the case would be handled. The legal fee was reasonable considering the effort and amount of work plus it was a flat fee regardless of the length of time required to conclude my case. Todd made himself available to me and we had many scheduled meetings to go over the progress and to discuss the next steps. I felt more confident after many discussions with him. You will not go wrong choosing Spodek Law Group for legal matters.
Josh Katz
Josh Katz
Being that it was the first time that I was in need of an attorney, I was afraid and hesitant and knew I needed the absolute best. It is beyond understood why Spodek Law Group has a reputation of being the top, if not the best law firm in New York. Alex and Abigail were there every step of the way even at the most unconvenient hours. I could not have asked for more. They are extremely good at what they do and they delivered much much more than just winning my case. A big thank you to Alex and Abigail for all the guidance and counseling and their upmost loyal support that extended far more than just legally. If you need the absolute best than don't hesitate to hire Spodek Law Firm.
I cannot tell you how thankful I am to Todd and Alex for their hard work and dedication to my case. I had never been in any trouble before but I had an unfortunate event occur and in the midst of COVID-19 at that therefore I knew I needed a team that was dedicated to my success. Today- my case has been finalized and I’m walking away with no record and can continue life as a mother and a Grad student worry free. I cannot express enough gratitude for their assistance.
AnnMarie Soliman
AnnMarie Soliman
I received a summons and called Spodek law group for a free consultation. Alex took my call and was very quick and responsive. He was available anytime through multiple platforms and very reassuring when needed. They are extremely organized and thorough. They got my case dismissed! I’m very grateful. Thank you Alex and Todd!



Spodek Law Group have offered me excellent support and advice thru a very difficult time. I feel I've dealt with someone who truly cares and wants the best outcome for you and yours. I'm extremely grateful for all the help Spodek Law Group has offered me. I can't recommend them enough.

~ David Bruce

Spodek Law Group was incredibly professional and has given me the best advice I could wish for. They had been helpful and empathetic to my stressful situation. Would highly recommend Spodek Law Group to anyone I meet.

~ Rowlin Garcia

Best service I ever had. Todd is absolutely class personified. You are in the safest hands with spodek. They have their clients interest in mind.

~ Francis Anim

Spodek Law Group

White Glove Service

We provide superior service, excellent results, at a level superior to other criminal defense law firms. Regardless of where your case is, nationwide, we can help you.

Get In Touch

Schedule Your Consultation

Los Angeles

555 W 5th St 35th floor, Los Angeles, CA 90013


get directions


35-37 36th St, 2nd Floor Astoria, NY 11106


get directions


85 Broad St 30th Floor, New York, NY 10004


get directions


195 Montague St., 14th Floor, Brooklyn, NY 11201


get directions

Call Us