A Pastore & Dailey client has recently been awarded thousands of dollars in legal fees under the Connecticut Unfair Trade Practices Act (CUTPA) in a dispute involving hedge fund founders.
Author: Liam Mennitt
NYS DFS Cybersecurity Regulation Webinar 4/20/17: Presented by P&D’s Jack Hewitt and CohnReznick’s Jim Ambrosini
John R. Hewitt, Partner at Pastore & Dailey LLC, and Jim Ambrosini, Managing Director at CohnReznick Advisory, will be conducting a complimentary Webinar on Thursday, April 20, 2017 at 12:00 PM EDT. Mr. Hewitt is recognized as a national authority in cybersecurity and Mr. Ambrosini is a leader in cybersecurity and technology assurance service offerings at CohnReznick.
Mr. Hewitt and Mr. Ambrosini will discuss the New York State’s Department of Financial Services (DFS) regulation, effective as of March 1, 2017, providing an overview of the regulation, a summary of what controls must be in place, how to implement controls using a risk-based approach, key DFS regulation issues, and how to develop a roadmap towards compliance.
Please join us for this Webinar on April 20, 2017 at 12:00 PM EDT by registering below:
NYS DFS Cybersecurity Regulation Webinar on April 20, 2017: Presented by Pastore & Dailey’s John Hewitt and CohnReznick’s Jim Ambrosini
John R. Hewitt, Partner at Pastore & Dailey LLC, and Jim Ambrosini, Managing Director at CohnReznick Advisory, will be conducting a complimentary Webinar on Thursday, April 20, 2017 at 12:00 PM EDT. Mr. Hewitt is recognized as a national authority in cybersecurity and Mr. Ambrosini is a leader in cybersecurity and technology assurance service offerings at CohnReznick.
Mr. Hewitt and Mr. Ambrosini will discuss the New York State’s Department of Financial Services (DFS) regulation, effective as of March 1, 2017, providing an overview of the regulation, a summary of what controls must be in place, how to implement controls using a risk-based approach, key DFS regulation issues, and how to develop a roadmap towards compliance.
Please join us for this Webinar on April 20, 2017 at 12:00 PM EDT by registering below:
Broker’s U5 Overturned
Pastore & Dailey successfully argued for the correction of a bond trader’s Form U5 before a FINRA Arbitration Panel. This trader’s former employer, a worldwide banking institution, misrepresented the reason for the termination of his employment. Pastore & Dailey convinced the Panel to rule that the wording must be changed to reflect the reality. Contested expungement hearings are rare, and the re-writing of a U5 by a panel in such a situation is extraordinary. Pastore & Dailey is pleased that it could achieve this result, the correct result, for its client.
Pastore & Dailey Retained as Cybersecurity Counsel
Pastore & Dailey has been retained by one of the large Wall Street Investment Firms in connection with that Firm’s Cybersecurity compliance and preventive measures designed to protect the Firm from cyber attack. Pastore & Dailey’s Cybersecurity practice group, led by leading national expert John Hewitt, is on the forefront of these issues and has been tapped by Bloomberg to provide overview of the new NY DFS regulations to a world wide audience.
P&D Announced as one of Fairfield County’s Top 12 Businesses
P&D was renowned as one of Fairfield County’s Top 12 Businesses in 2016. Go Magazine named Pastore & Dailey LLC a leader in Securities Litigation & Arbitration Practice, praising our depth of knowledge and professionalism in arbitration hearings as well as SEC, FINRA, and state regulatory hearings.
Financing NYC Property
Pastore & Dailey has represented a multi-million dollar trust in connection with the financing of substantial commercial property in NY as well as the negotiation of the release of a substantial levy on the property.
Top Lawyers of 2017
Pastore & Dailey has been named among the Top Lawyers in 2017 in recognition for Excellence and Achievements by New York Magazine for Commercial Litigation, and Labor and Employment. This is the Third Year in a row the Firm has received such an award.
Pastore & Dailey LLC Successfully Shields Corporate Officer from Liability in Billion Dollar Action
Pastore & Dailey LLC successfully represented a Managing Director of an international Fortune 500 Company. The Managing Director was named as an individual defendant in a securities shareholder derivative action. Claims of breach of fiduciary duty, aiding and abetting a breach of fiduciary duty, contribution and indemnification, and unjust enrichment were asserted against each of the individual defendants. Plaintiff sought monetary damages, disgorgement of compensation, and injunctive relief. After filing a Motion to Dismiss, the Supreme Court of New York granted the Motion on December 21, 2016, effectively dismissing all claims in their entirety against each individual defendant. Pastore & Dailey LLC was co-counsel with an Am Law 50 firm in this action.
Pastore & Dailey Successfully Concludes Nationwide Class Action Suit in the SDNY
Pastore & Dailey represented a national retailer in connection with a class action brought in the SDNY alleging that retailer violated the Fair and Accurate Credit Transactions Act or FACTA, 15 USC section 1681c(g). On September 3, 2015 Judge Gardephe of the SDNY issued and order finding that the proposed settlement was fair, resolving the claims against our client without and dismissing the class action.