Business Law

Securities

Preti Flaherty's Securities Law Practice Group offers a broad complement of specialized services to each of the stakeholders in the securities industry. We have successfully represented public and private companies, governmental entities, underwriters, investors, brokers/dealers, investment banks, and emerging companies to address their needs under federal and state securities laws. The group brings the expertise of highly-skilled corporate and litigation attorneys with backgrounds both as principal and counsel in securities, capital formation, mergers and acquisitions, corporate governance and dispute resolution to offer clients cost-effective solutions.

Current trends place superior securities advice and representation in the forefront of business, financial and investing considerations:  from raising capital for startup and growing businesses to private equity analysis, negotiation and investment; from compliance under the Securities Exchange Act of 1934, Sarbanes-Oxley and uncertain new hedge fund regulations to stock option grants and other corporate governance best practices; and from investor complaints to shareholder disputes.    

Our Securities Law attorneys provide the following services

For Public Companies:

  • Periodic Reports—10-Ks, 10-Qs, 8-Ks
  • Annual Meetings-- Annual Report to Security Holders, Proxy Statements and Solicitation
  • Corporate Governance—Director independence, committees, Sarbanes Oxley
  • Insider Trading Policies
  • Section 16 Filers—Forms 3-5, Schedules 13D and 13G
  • Stock Option Plans—Form S-8, Stock Option Agreements
  • Rule 144 Resales
  • Press Releases—Reg FD, corporate messaging, investor relations
  • Acquisitions and Dispositions
  • Private Placements

Members of team: Kara Sweeney

For Private Companies:

  • Capital Formation—advice on locating sources; structure; and terms of offering
  • Blue-Sky Compliance
  • Reg D and other federal exemptions
  • Stock Options and other equity-style incentive compensation programs
  • Stock Redemptions
  • Shareholder Disputes
  • Acquisitions and Dispositions

Members of team: John Sullivan, Kara Sweeney

Public Finance: 

  • Official statements for public offerings of bonds issued by states, state authorities, regional and municipal districts and authorities and other governmental entities
  • Private placement memoranda for private placements of bonds issued by states, state authorities, regional and municipal districts and authorities and other governmental entities
  • Continuing disclosure agreements for SEC Rule 15c2-12 compliance
  • Blue sky memoranda for state blue sky law compliance
  • Counsel for issuers, underwriters and purchasers

Members of team: James C. Pitney, Jr. and Bonnie L. Martinolich

For Broker/Dealers and Investment/Hedge Funds:

  • Registration and exemptions
  • Registered representative compliance
  • Regulatory investigations
  • Administrative and judicial proceedings
  • Investor complaints
  • Employment termination and disputes
  • Arbitration and litigation

Members of team: Gregory Hansel, John Sullivan, Sigmund Schutz, and Kara Sweeney

For Investors:

  • Initial Investment – Advice, negotiations, and documentation on terms of investment
  • Liquidation –Advice on sale or other transfer

Members of team: John Sullivan and Kara Sweeney

  • Securities violations
  • Mismanagement of account
  • Arbitration and litigation

Members of team: Gregory Hansel, and Sigmund Schutz

Dispute Resolution: 

Our track record in resolution of securities disputes speaks for itself. We are a go-to firm in financial services disputes, securities litigation, and arbitration. Learn more here.

Firm Highlights

Publication

Legislative Alert: Convening of the 2nd Regular Session of the 130th Legislature

The Second Regular Session of the 130 th Legislature will convene next Wednesday, January 5 th at 10 a.m. This is intended to be an in-person session of both the House and Senate with...

Press Coverage

Preti Flaherty Attorneys Walker and Sedlack Provide Counsel in Portland Recount Battle

After two days, hours of discussions, reported discrepancies in voting machines, and a hand recount of ballots, Roberto Rodriguez emerged as the winner of Portland’s at-large city council election. The hotly contested race was the first ranked-choice...

News

Preti Flaherty Attorneys Mariana Baron and Nelson Larkins Honored by Maine Supreme Judicial Court for Pro Bono Service

Preti Flaherty is pleased to announce that attorneys Mariana Baron and Nelson Larkins have been honored by the Katahdin Counsel Recognition Program for their 2021 contributions to pro bono legal aid in the state...

Publication

Maine Supreme Court Affirms Decision in Workers’ Compensation Case Regarding Notice Requirements

In  Desgrosseilliers v. Auburn Sheet Metal  (2021 ME 63 [December 16, 2021]), the question presented is whether an employee is required to give notice of his occupational disease claim to his former employer’s insurer...

News

Preti Flaherty Welcomes Attorney Jeffrey Thaler to the Firm

In a move that significantly expands its pioneering Climate Strategy Practice Group, Preti Flaherty Beliveau & Pachios, LLP is pleased to announce that it has hired Jeffrey Thaler, a leading climate and clean energy...

Publication

What Do the Supreme Court's Vaccination Rulings Mean for Your Business?

Reflecting the deep rift in public opinion concerning the government’s role in dictating how businesses, health care entities and public sector employers ought to act to stem the spread of COVID-19, a divided U.S. Supreme...

News

Preti Flaherty Partnership Announces Promotion to Partner of Kristin Collins and John Cronan, III

Preti Flaherty is pleased to announce that the firm’s partnership has named two new partners: Kristin M. Collins and John J. Cronan, III. Both attorneys stand out as distinguished practitioners within their respective fields...

Press Coverage

Maine Newspapers Fight Anonymous Testimony in Lawsuit Challenging Vaccine Mandate

A group of newspapers in Portland, Lewiston, Augusta, and Waterville, represented by Preti Flaherty attorney Sigmund Schutz, have filed a motion in federal court requesting the identity of nine healthcare workers seeking religious exemption from the state's...

Publication

EPA Makes History With First-Ever Addition of Hazardous Air Pollutant

After a decade-long back-and-forth with states, NGOs and industry groups, the U.S. Environmental Protection Agency has finally announced that it will add a powerful dry cleaning solvent, 1-bromopropane, or “1-BP” to its list of...

News

Preti Flaherty Attorney Sigmund D. Schutz Named to AAA Roster of Arbitrators

Preti Flaherty is pleased to announce that attorney Sigmund Schutz was recently named to the American Arbitration Association’s (AAA) Roster of Arbitrators. AAA is a not-for-profit organization in the field of alternative dispute resolution...