If you have been convicted of securities fraud, you may feel a sense of dread and uncertainty about your future. You may wonder what this conviction means for your job, finances, and reputation.
You aren’t alone. Many people find themselves in this situation after being convicted of securities fraud. Fortunately, you do have options. One option is to appeal your conviction.
What are the penalties for securities fraud?
Securities fraud is a serious offense, and a conviction can result in a prison sentence of up to 20 years and a fine of up to $5 million. Some of the most common types of securities fraud include insider trading, accounting fraud, and Ponzi schemes. In addition, those convicted of securities fraud may be required to pay restitution to the victims of their crime.
If you have been convicted of securities fraud, you must understand that you have the right to appeal the decision. This is a complex and technical area of law, and there may be errors in handling the case. Other reasons for appealing include:
- There is new evidence that was not available at the time of trial
- The jury did not have all of the relevant information when they made their decision
- The judge made a mistake in instructing the jury or in admitting evidence
- You believe that your constitutional rights were violated during the trial
Appealing your securities fraud conviction is complex, and it’s vital to have legal representation to help navigate the process, develop your argument, and gather evidence to support your case. You may achieve a favorable outcome for your appeal with the proper guidance.