Fraud spun to gold

It makes a change to hear about people making money out of fraudsters, instead of the other way around. Yet Dominic Auld, a US-based securities fraud class action litigator, does just that – while helping deceived investors to gain redress. He explains how to Esther Martin.

Dominic Auld (+ 1 212-907-0619, dauld@labaton.com) is of counsel with Labaton Sucharow

“We don’t make money unless we uncover fraudulent activity,” says Auld, a Canadian who practises at Labaton Sucharow in New York. “Prosecuting fraud is what drives our business.” That’s the sharp end of the operation but, behind the scenes, the engine room is investigation work, enabling the firm to pick the cases that will deliver both business success and, of course, recovery of losses for misled investors in the public markets.