Client Collaborations
All Representative Cases
Represented 70 investors who collectively lost nearly $100 million in the Aequitas Ponzi scheme. Obtained favorable settlements with third-party professionals in state court litigation and private arbitration, resulting in a gross recovery exceeding clients’ investment losses.
Represented directors of publicly traded company in shareholder derivative action alleging breaches of fiduciary duty. Obtained dismissal of all claims.
Represented company and directors in shareholder class action alleging securities claims arising out of proxy disclosure in merger of formerly public mechanical equipment company.
Represented investment advisory firm and broker in defending claims in FINRA arbitration involving variable annuities. Secured favorable settlement on the eve of arbitration hearing.
Drafted amicus brief for the U.S. Supreme Court on behalf of the Securities Industry & Financial Markets Association in Chadbourne & Parke LLP v. Troice.
Wurster, et al. v. Deloitte & Touche LLP, et al. Represented 70 investors who collectively lost nearly $100 million in the Aequitas Ponzi scheme. Obtained favorable settlements with third-party professionals in state court litigation and private arbitration, resulting in a gross recovery exceeding our clients’ investment losses.
In Re Barrett Business Services Securities Litigation. Tom represented a publicly traded company in defending a federal court class action securities fraud case, a state court shareholder derivative suit, and government investigations by the Department of Justice and SEC Enforcement Division. The claims arose from various allegations of accounting impropriety and insider trading that were successfully resolved.
Umpqua Bank Shareholder Derivative Suit. We achieved trial court dismissal of shareholder derivative claims that executive compensation was excessive and approved in violation of the “say-on-pay” provisions of Dodd-Frank legislation. We represented the directors and officers of a publicly traded bank holding company, together with national counsel.
Schilling Livestock v. Sterling Bank. Our client won a unanimous defense award from a panel of three arbitrators after two weeks of hearings on investor claims for securities violations arising from tenant-in-common investments.