Generally, no. Securities fraud cases turn on some type of misrepresentation. Perhaps an investment option carried risks, and you failed to adequately disclose those risks to potential investors.  Also, to gain a conviction for securities fraud, the prosecution will be required to establish some sort of intent on your part—in other words, that you made a representation with the intent to defraud. Because of the often fact-intensive nature of these cases, our experienced securities fraud defense lawyers can challenge the intent element or even whether you misrepresented the facts to begin with.