Parry Deering Futscher & Sparks represents investors in class actions for securities fraud. The firm aggressively pursues these cases on behalf of stockholders, bondholders and others injured by corporate fraud, violations of state and federal securities laws, and financial wrongdoing.

Securities fraud can occur any time a publicly-traded company misrepresents, for example, its financial condition, its business results, or its business prospects. It occurs when companies fail to disclose bad news or adverse results. It can also occur in the issuance and sale of municipal bonds, which investors sometimes consider less risky than common stock. These cases typically assert claims against the officers and directors of the corporate defendant, its outside auditors and its underwriters. Securities cases frequently involve sophisticated financial and accounting issues and require the firm's lawyers to become experts in particular issues unique to the defendant's industries. In pursuing these cases, the firm uses an approach that includes using recognized, experienced experts in a variety of fields as an integral part of the investors’ legal team.

Parry Deering Futscher & Sparks is currently investigating and pursuing cases in which insurance companies sell investment contracts in connection with life insurance policies. Purchasers often discover, too late, that they are locked into long-term, sometimes worthless investments. These investment contracts, much like mutual funds, are required by law to be registered as securities with the federal government, and in many instances, with state governments, although the insurance companies that sell them rarely register these products. The securities laws provide that in such cases, the purchaser may recover his or her entire investment.