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

News

Preti Flaherty Attorney Benjamin S. Piper Promoted to Partner

Preti Flaherty is pleased to announce that the firm’s partnership has named attorney Benjamin S. Piper as a partner. Ben is a member of the firm's Environmental, Litigation, and Media Law Practice Groups and works...

Publication

WC Alert: Recent Developments from Maine's Workers' Compensation Board

Frank A. Graf, MD, Reappointed to Approved List of § 312 Examiners At the February 11 meeting of the Maine Workers’ Compensation Board, Frank Graf, MD, was reappointed to the list of approved § 312...

Press Coverage

Maine State Police May Be Spying on You

Police and governments are increasingly turning to new tracking and monitoring methods in their efforts to prevent and record evidence of crimes. A Portland Press Herald investigation examines these expanding law enforcement abilities and the...

Event

2020 Employment Breakfast Series: Strengthening Your Company's Management of Accommodation Requests

For more than 25 years, Preti Flaherty's Employment Law Group has been keeping clients, business partners, and friends up to date on recent developments in employment law. Join us as we continue that tradition...

Publication

The Potential of the Blockchain for Asset Protection Planning

While many legal scholars focus on the challenges and complications seemingly inherent to blockchain and cryptocurrency, others look past the fear and see potential. In this article for Cumberland Law Review , Ian Huyett and Brian Quirk...

Event

2020 Cannabis Law Breakfast - Winter Update

News

Preti Flaherty Welcomes Government Relations Liaison Andrew I. Roth-Wells to the Firm

Preti Flaherty is pleased to announce that Andrew I. Roth-Wells has joined the firm as a Government Relations Liaison. Andrew will help manage legislative and regulatory advocacy efforts for the firm’s Government Affairs Team...

Press Coverage

Bangor superintendent blocked BDN reporter on Twitter after critical news coverage

In an apparent violation of the First Amendment, Bangor schools superintendent Betsy Webb temporarily blocked a journalist on Twitter following a report that news of a student suicide was announced over the loudspeaker at...

Publication

Litigation and Arbitration Venue Provisions in Construction Contracts: When and How They Work

Venue and choice-of-law provisions are fairly standard in construction contacts, but can be overlooked due to their location within a contract. When drafted effectively, these provisions can help limit uncertainty about where and how...

Event

2020 Employment Law Series: A Legislative Update for HR Professionals

For more than 25 years, Preti Flaherty's Employment Law Group has been keeping clients, business partners, and friends up to date on recent developments in employment law. Join us as we continue that tradition...