Representative Matters

Financial Litigation/Dispute Resolution:

  • Won $40 million international arbitration award in securities fraud case tried for three weeks in Washington, D.C. on behalf of Kingspan Group PLC of Ireland and successfully defended the award in U.S. District Court for the Middle District of Pennsylvania
  • Won $7.4 million jury verdict against Bank of America (formerly Fleet National Bank) for financial planning malpractice
  • Won $419,000 arbitration award in securities arbitration tried in Boston against Morgan Stanley
  • Defended enforcement actions by the Maine Office of Securities and the New Hampshire Bureau of Securities Regulation
  • Defended enforcement actions by the Maine Bureau of Insurance
  • Defended bank in major lender liability lawsuit
  • Numerous investor claims before FINRA and its predecessors (NASD/NYSE), including claims involving HSBC Bank, U.S.A., TD Bank, Bank of America, Ameriprise, Allianz Life Insurance Co., MetLife Insurance Co., Morgan Stanley, and others
  • General Counsel to Maine's largest and oldest registered investment advisor

Fiduciary Litigation:

  • As counsel to Maine State Society for the Protection of Animals, we won a court order, after trial, surcharging the personal representative for excessive fees, and convinced the Maine Supreme Judicial Court to affirm the order on appeal. Estate of Sweetland, 2001 ME 21, 770 A.2d 1017.
  • On behalf of a beneficiary of a trust containing real estate, we won a court order, after trial in probate court, appointing a professional trustee to manage a trust, sell real estate, and divide trust assets in a fair manner. In re. McKinney Family Trust, Docket No. 2002-0748 (York Cty Probate Ct).
  • We defended the personal representative and beneficiary of an estate accused of not timely closing an estate and allowing one of the beneficiaries to benefit from estate assets to the exclusion of others while the estate remained open. We settled the claim on satisfactory terms at mediation.  Estate of McLain, Docket No. 1999-0735 (Cumberland Cty Probate Ct).
  • Having objected to the proposed sale of a corporation owned by a family trust, our client – a beneficiary of the trust – turned to us for assistance in negotiating and re-structuring the sale on acceptable terms. We avoided protracted and difficult family litigation and settled the matter on satisfactory terms prior to suit at mediation.
  • Trial counsel to the personal representative of the $80+ million estate of a world renowned artist.

Firm Highlights

Press Coverage

Maine drops residency requirement for recreational marijuana businesses

Since Mainers voted to pass the Maine Marijuana Legalization Act in 2016, lawmakers have been wrestling with how to regulate sales. Last week, recreational marijuana businesses in Maine cleared a major hurdle to operation...


Legislative Alert: Governor’s Economic Recovery Committee Update

The Governor’s Economic Recovery Committee met on Friday June 26 th to hear reports from the Chairs of all six subcommittees. In the reporting on Friday the biggest monetary ask was from the Infrastructure...


Preti Flaherty COVID-19 Resources

In response to the ongoing COVID-19 pandemic, Preti Flaherty's attorneys have maintained a constant stream of the most up-to-date information and resources for our clients, business partners, and others struggling to navigate these complex...

Press Coverage

Officer-involved Shootings Video - Maine Behind the Curve on Public Access to Information

More than three months after officers were involved in a fatal shooting of a Minot, Maine, resident, the Androscoggin County Sheriff's Office and the Office of the Attorney General continue to deny requests to...


Contractor's Guide to Mitigating Risks in the AIA A201-2017 General Conditions

The AIA A201-2017 is generally a well-understood contract document and is used in a significant number of construction projects each year. While this standard contract covers most risks, there are a number of areas...


Maine Workers' Comp Alert: WCB Transition to In-Person Hearings Likely to Occur No Sooner Than August 2020; Section 312 IME’s Have Resumed

A conference with Maine Workers' Compensation Board Executive Director John Rohde was held last week to discuss the transition to in-person hearings at the WCB. The WCB Subcommittees also met to discuss recent developments...



Our country and our communities are suffering and in turmoil due to the racial injustices that have occurred for centuries and are still happening all around us today. It is difficult to comprehend and...

Press Coverage

Portland-Based Education Nonprofit Sued For Study Abroad Refunds

A class-action suit has been filed against CIEE on behalf of thousands of college students who were denied any refund of tuition, room and board, and other fees for Spring 2020 study abroad programs...


Preti Flaherty Attorneys Sigmund Schutz and Greg Hansel Lead Suit to Help Students Get Housing and Tuition Refunds for Study Abroad Programs Cancelled by CIEE

In the class-action complaint, Council on International Educational Exchange (CIEE) is cited for breach of contract for failing to refund housing and tuition for cancelled study abroad programs A class-action suit has been filed...


Preti Flaherty Attorneys Jason Howe and Emily White Help Advance Massive $59 Million Development Complex In Seacoast

The Kittery Planning Board has given final approval to a $59 million mixed-use residential development off Interstate 95, a project that has been in the works for several years. Preti Flaherty attorneys Jason Howe...