Texas SEC Defense Lawyers

Navigating SEC Investigations in Texas with an Experienced Defense Attorney

When companies or individuals in Texas face scrutiny from the U.S. Securities and Exchange Commission (SEC), having an experienced SEC defense lawyer can make all the difference. Texas SEC attorneys understand both federal securities laws and how to navigate the SEC’s specific procedures and priorities.

Overview of SEC Enforcement in Texas

Texas has a high concentration of public companies in industries like energy, technology, and healthcare. The SEC’s Fort Worth regional office oversees enforcement activities in the state. Some common SEC investigations and charges in Texas involve:

• Accounting fraud
• Insider trading
• Investment scams
• Foreign Corrupt Practices Act (FCPA) violations
• False statements in filings and reports

When investigating potential misconduct, the SEC can issue subpoenas, take sworn testimony, and refer matters for criminal prosecution. Most inquiries begin informally but can lead to formal orders of investigation and eventual civil charges.

Frequent SEC Violations in Texas

Some of the most common SEC violations faced by Texas corporations and individuals include:

Accounting Fraud

Public companies must file accurate financial reports. Intentionally manipulating numbers is illegal. Tactics include premature revenue recognition and misclassifying expenses. Major recent Texas cases include Enron and MiMedx.

Insider Trading

Trading securities based on non-public information is insider trading. Common cases involve executives trading ahead of announcements. The SEC actively pursues insider trading in Texas, including recent charges against BP and Andeavor employees.

Investment and Affinity Fraud

Making false statements to investors when selling securities violates SEC rules. Affinity fraud targets specific groups. A recent Texas case involved a Houston pastor accused of defrauding elderly investors.

Christine Twomey

2024-03-21

Just had my Divorce case settled 2 months ago after having a horrible experience with another firm. I couldn’t be happier with Claire Banks and Elizabeth Garvey with their outstanding professionalism in doing so with Spodek Law Group. Any time I needed questions answered they were always prompt in doing so with all my uncertainties after 30 yrs of marriage.I feel from the bottom of my heart you will NOT be disappointed with either one. Thanks a million.

Brendan huisman

2024-03-18

Alex Zhik contacted me almost immediately when I reached out to Spodek for a consultation and was able to effectively communicate the path forward/consequences of my legal issue. I immediately agreed to hire Alex for his services and did not regret my choice. He was able to cover my case in court (with 1 day notice) and not only was he able to push my case down, he carefully negotiated a dismissal of the charge altogether. I highly recommend Spodek, and more specifically, Alex Zhik for all of your legal issues. Thanks guys!

Guerline Menard

2024-03-18

Thanks again Spodek law firm, particularly Esq Claire Banks who stood right there with us up to the finish line. Attached photos taken right outside of the court building and the smile on our faces represented victory, a breath of fresh air and satisfaction. We are very happy that this is over and we can move on with our lives. Thanks Spodek law 🙏🏼🙏🏼🙏🏼🙏🏼🙌🏼❤️

Keisha Parris

2024-03-15

Believe every single review here about Alex Z!! From our initial consultation, it was evident that Alex possessed a profound understanding of criminal law and a fierce dedication to his clients rights. Throughout the entirety of my case, Alex exhibited unparalleled professionalism and unwavering commitment. What sets Alex apart is not only his legal expertise but also his genuine compassion for his clients. He took the time to thoroughly explain my case, alleviating any concerns I had along the way. His exact words were “I’m not worried about it”. His unwavering support and guidance were invaluable throughout the entire process. I am immensely grateful for Alex's exceptional legal representation and wholeheartedly recommend his services to anyone in need of a skilled criminal defense attorney. Alex Z is not just a lawyer; he is a beacon of hope for those navigating the complexities of the legal system. If you find yourself in need of a dedicated and competent legal advocate, look no further than Alex Z.

Taïko Beauty

2024-03-15

I don’t know where to start, I can write a novel about this firm, but one thing I will say is that having my best interest was their main priority since the beginning of my case which was back in Winter 2019. Miss Claire Banks, one of the best Attorneys in the firm represented me very well and was very professional, respectful, and truthful. Not once did she leave me in the dark, in fact she presented all options and routes that could possibly be considered for my case and she reinsured me that no matter what I decided to do, her and the team will have my back and that’s exactly what happened. Not only will I be liberated from this case, also, I will enjoy my freedom and continue to be a mother to my first born son and will have no restrictions with accomplishing my goals in life. Now that’s what I call victory!! I thank the Lord, My mother, Claire, and the Spodek team for standing by me and fighting with me. Words can’t describe how grateful I am to have the opportunity to work with this team. I’m very satisfied, very pleased with their performance, their hard work, and their diligence. Thank you team!

Anthony Williams

2024-03-12

Hey, how you guys doing? Good afternoon my name is Anthony Williams I just want to give a great shout out to the team of. Spodek law group. It is such a honor to use them and to use their assistance through this whole case from start to finish. They did everything that they said they was gonna do and if it ever comes down to it, if I ever have to use them again, hands-down they will be the first law office at the top of my list, thank you guys so much. It was a pleasure having you guys by my side so if you guys ever need them, do not hesitate to pick up the phone and give them a call.

Loveth Okpedo

2024-03-12

Very professional, very transparent, over all a great experience

Bee L

2024-02-28

Amazing experience with Spodek! Very professional lawyers who take your case seriously. They treated me with respect, were always available, and answered any and all questions. They were able to help me very successfully and removed a huge stress. Highly recommend.

divesh patel

2024-02-24

I can't recommend Alex Zhik and Spodek Law Firm highly enough for their exceptional legal representation and personal mentorship. From the moment I engaged their services in October 2022, Alex took the time to understand my case thoroughly and provided guidance every step of the way. Alex's dedication to my case went above and beyond my expectations. His expertise, attention to detail, and commitment to achieving the best possible outcome were evident throughout the entire process. He took the time to mentor me, ensuring I understood the legal complexities involved to make informed decisions. Alex is the kind of guy you would want to have a beer with and has made a meaningful impact on me. I also want to acknowledge Todd Spodek, the leader of the firm, who played a crucial role in my case. His leadership and support bolstered the efforts of Alex, and his involvement highlighted the firm's commitment to excellence. Thanks to Alex Zhik and Todd Spodek, I achieved the outcome I desired, and I am incredibly grateful for their professionalism, expertise, and genuine care. If you're in need of legal representation, look no further than this outstanding team.

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Google rating score: 4.9 of 5, based on 736 reviews

FCPA Violations

The FCPA prohibits bribing foreign officials for business. Major energy and technology companies with Texas ties have faced FCPA cases like Halliburton and Panasonic.

Working with Texas SEC Defense Attorneys

Facing SEC scrutiny can be extremely stressful. But experienced SEC defense counsel can help by:

• Responding to subpoenas and document requests
• Preparing clients for sworn investigative testimony
• Drafting persuasive Wells submissions arguing against charges
• Negotiating favorable settlements where possible
• Litigating actions in federal court or administrative proceedings

In short, knowledgeable Texas SEC defense lawyers serve as trusted advocates and guides through the process.

Key Skills and Experience for SEC Defense Attorneys

Successfully representing clients in SEC matters requires specific skills and experience including:

• In-depth knowledge of securities laws and regulations
• Experience with government investigations and enforcement defense
• Understanding complex financial transactions and accounting
• Excellence taking investigative testimony and cross-examining witnesses
• Creativity and strategic thinking to build strong defenses
• Superb communication skills

Beyond just legal skills, top SEC defense lawyers also have strong negotiation abilities, interpersonal skills, and perseverance. They know how to advocate vigorously while maintaining credibility and trust with regulators.