Legal Ethics Expert for Securities Litigation

An expert in legal ethics was needed for securities litigation where the plaintiffs were suing their legal counsel over monies lost to a Ponzi scheme. The plaintiffs were assured by their attorney that proposed loans were a good and safe investment, that the operation was completely legal, and represented that it was not a security. The company to which the money was lent was shut down by the Securities and Exchange Commission, SEC, as part of a Ponzi scheme. The plaintiffs hoped to recover some of their loss from the firm's Professional Errors and Omissions (E&O) Liability Coverage.

IMS ExpertServices was asked to locate a legal ethics expert familiar with the securities industry who could opine on professional ethics and fiduciary duty.

Experts Presented:

Professional Malpractice Expert

This professional malpractice expert has litigated cases involving legal ethics, breach of fiduciary duty, accounting malpractice, violations of federal and state securities laws, violations of the Trust Indenture Act, common law fraud, lenders liability, bankruptcy, and the Prudent Man Rule. He currently concentrates his practice in the area of complex business litigation, including insurance rate-making and regulatory litigation, securities fraud, professional malpractice, commercial fraud, breach of fiduciary duty, fraudulent conveyance, and lenders liability. IMS Reference #1802370

Legal Ethics Expert

This legal ethics expert's practice is concentrated in general business and tax, estate planning, and disciplinary law. He served for several years as the chairman of the American Bar Association Standing Committee on Ethics and Professional Responsibility. He is a member of the American Law Institute and the Association of Professional Responsibility Lawyers. He earned his law degree from Harvard Law School and his bachelor's degree from The Citadel Military College of South Carolina. IMS Reference #1802418

Legal Ethics Expert

This legal ethics expert received his B.A. and J.D. from ivy league institutions. He is the author of books, articles, essays and book reviews on securities litigation and professional ethics topics. He has provided testimony before the U.S. House of Representatives Committee on Finance, Subcommittee on Capital Markets, Insurance and Government-Sponsored Enterprises. IMS Reference #1217483