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

Maine Justice Foundation Makes Inaugural Grants to Six Maine Groups Working for Racial Justice and Equity

The Maine Justice Foundation has made inaugural grants from its Racial Justice Fund to six Maine groups. The goal of the Fund is to support Black, Indigenous, and People of Color statewide to forge...

Event

Never Say Goodbye: Employee Performance Reviews, Terminations, and Alternatives

Laura Rideout and Dottie Chalmers Cutter, VP of Operations at Chalmers Insurance Group will present on employee performance reviews, terminations, and alternatives as a part of the Institute for Family Owned Business Legal Lunch...

Event

From Concord: A Legislative Update for HR Professionals

As the COVID-19 pandemic continues, all legislative activities in the state of New Hampshire, with a couple of exceptions, will be handled remotely. Several employment-related bills will be considered and voted on during this...

News

Benchmark Litigation Names Preti Flaherty 2021 “Maine Firm of the Year”

Benchmark Litigation has named Preti Flaherty as 2021 Litigation Firm of the Year in the State of Maine. The Benchmark Awards honor distinguished litigators and law firms in all 50 states and 10 practice...

Press Coverage

Sabattus Family's Bat Woes Prompt Bill To Force Real Estate Pest Disclosure

Press Coverage

Maine Newspapers Challenge Rule Concealing Electronic Court Records

A Maine court committee in December established a 90-day blackout period rule on public access to newly filed electronic court records, a move which has been challenged by Maine's newspapers as a violation of the First Amendment. Paper...

Event

From Augusta: A Legislative Update for HR Professionals

On March 13, 2020, Maine Senate President Troy Jackson and Speaker of the House Sara Gideon issued a joint statement to the 129th Maine Legislature signifying their intention to suspend the remainder of the...

Publication

Maine Workers' Comp Alert: Maine Supreme Court Issues Decision Regarding Statute of Limitations in Coordination of Benefits

Maine Supreme Court Issues Decision in Charest v. Hydraulic Hose Dealing with Unique Statute of Limitations Issue in the Context of the Coordination of Benefits On March 30, 2021, the Law Court issued a...

Publication

Changing Control in the Time of COVID: Navigating ‘Change of Ownership’ Prior to PPP Loan Satisfaction.

The Hypothetical Everyone loves a hypothetical, right? So let’s begin with one about Billy Builder: Billy Builder holds 55% of the equity in a construction business he founded way back when the fax machine...

Publication

Maine Workers' Comp Alert: Appellate Division Affirms Decision Involving Gradual Injury That First Manifested at Home, Not at Work

In Thomas v. United Ambulance , United Ambulance appealed a Decision (Goodnough, ALJ) granting Thomas’s Petition for Award and granting in part his Petition for Payment. United Ambulance argued that the ALJ erred in...