Securities & Commodities Litigation


Whether markets are up or down, investors sue the perceived “deep pockets” of financial service providers and similar large entities. From Massachusetts to Arizona, from Michigan to Texas, it is to the responsive, skilled and sophisticated attorneys of Ulmer & Berne that many of the nation’s major corporations, banks and financial service firms turn to confront and resolve charges of securities fraud, misrepresentation, unauthorized trading or alleged violations of SEC and related regulations, whether lodged as individual suits or class actions. Ulmer & Berne attorneys also represent a variety of clients regularly in regulatory and investigatory proceedings in courts, the SEC, FINRA, NYSE and other state and federal bodies.

Corporate directors and officers turn to Ulmer & Berne for advice on shareholder issues, to resolve governance disputes, and to represent special litigation committees. With backgrounds in federal and state securities agencies and daily experience in the trenches of current securities litigation, our attorneys offer client-centered, practical advice and counsel.

Clients see the strength of the firm both in its reach across litigation, arbitration and regulatory proceedings and in its size. Ulmer & Berne is large enough to handle any securities litigation matter anywhere in the nation from its four Midwest offices. At the same time, we are small enough to be efficient, responsive and cost-competitive.

From Ulmer’s Broker-Dealer Law Corner Blog By Alan M. Wolper A little over a year ago, the SEC announced a stunning settlement with Merrill Lynch regarding its violation of SEC Rule 15c3-3, commonly known as the “Customer Protection Rule.”  This is an important rule whose name gives away its purpose:  it is designed...

Press Release Ulmer & Berne LLP is pleased to announce that Cleveland-based associate Candice Capoziello recently became an Associate Board Member for Recovery Resources. Recovery Resources is a Cleveland nonprofit dedicated to providing prevention, intervention, treatment, and supportive services to initiate, manage, and sustain recovery from addiction and mental health...

SEC Disgorgement Could Face Tough Crowd At High Court From Law360 By Carmen Germaine “Of the cases that are up in front of the Supreme Court, with Gorsuch being appointed, this is not one of the more high-profile cases — there’s many cases that have much more profile and wide-sweeping impacts...

Following an eight-day hearing held in Washington, D.C., a Securities and Exchange Commission (SEC) administrative law judge dismissed the administrative proceedings against Equity Trust Company (Equity Trust),  and found that Equity Trust did not cause the alleged violation of federal securities laws committed by two unrelated parties. Howard Groedel, a...

Ulmer & Berne is ranked in 39 categories in the 2016 U.S. News – Best Lawyers® “Best Law Firms” rankings. Among these, the firm earns U.S. News – Best Lawyers highest rankings in 21 categories. The firm also ranks nationally in 16 categories. Firms included in the 2016 “Best Law...

Ulmer & Berne announces that six of the firm’s partners have been recognized in the 2016 edition of Benchmark Litigation as “State Litigation Stars,” a designation given to those individuals who were recommended consistently as reputable and effective litigators by clients and peers. The following Ulmer & Berne attorneys were...

Chicago-based partner Alan Wolper has been named co-chair of Ulmer & Berne’s Financial Services & Securities Litigation Practice Group. Mr. Wolper joins Cleveland-based partner Frances Floriano Goins in leading the group. Mr. Wolper focuses his practice exclusively on the representation of brokers, broker-dealers and investment advisors. He defends regulatory investigations...

“Michael Nathan Ungar | Ulmer & Berne LLP” Cleveland Jewish News January 15, 2015 Perennial Super Lawyer Michael Nathan Ungar considers settlement of a dispute embroiling Case Western University among his most memorable cases of 2014. Read the full article »

Ulmer & Berne LLP is ranked in 40 categories in the 2015 U.S. News – Best Lawyers® “Best Law Firms” rankings. Among these, the firm earns U.S. News – Best Lawyers’ highest ranking in 23 categories. The firm also ranks nationally in 17 categories. Ulmer & Berne achieved a “Metropolitan Tier...

Ulmer & Berne LLP has been ranked within the top 10 percent of all law firms by The BTI Consulting Group, one of the nation’s leading legal industry research firms, in their recently published 2015 BTI Litigation Outlook report. The firm was selected as a “Litigation Powerhouse” and is named...

Ulmer & Berne LLP was named 2014 Ohio Firm of the Year by Benchmark Litigation at the second annual Benchmark Litigation US Awards held at the Essex Hotel in New York City on January 29, 2014. The US Benchmark Awards were based on a six-month research period involving extensive interviews...

March 2013 – The U.S. Supreme Court’s decision this week in Amgen Inc. v. Connecticut Retirement Plans and Trust Funds, http://www.supremecourt.gov/opinions/12pdf/11-1085_9o6b.pdf, may have a major impact on public companies and their directors and officers seeking early settlement of “fraud-on-the-market” securities fraud cases. The decision has been described as a set-back...

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