Bringing Experience And Knowledge To Your Case
Cary S. Lapidus
- Securities Arbitration and Litigation
- Employment Law
- Defense of SEC and FINRA Investigations
Mr. Lapidus was a staff attorney with the U.S. Securities and Exchange Commission's Division of Enforcement and Division of Market Regulation where he prosecuted cases involving broker-dealer abuses, market manipulation, management and financial reporting fraud, ponzi schemes and insider trading. Mr. Lapidus graduated with distinction from the University of Virginia, and obtained his Juris Doctorate degree from Boston University School of Law.
Mr. Lapidus has represented numerous investors in American Arbitration Association, Pacific Stock Exchange and NASD arbitrations against most of the nation's major securities brokerage firms. The cases have involved market manipulation, churning, unsuitable recommendations, employee stock options, unauthorized trades, and misrepresentations and omissions of material facts.
Mr. Lapidus's practice also includes the representation of investment professionals in lawsuits against brokerage firms regarding compensation issues, wrongful termination and Form U-5 matters. In addition, Mr. Lapidus has experience representing clients in business litigation involving partnership disputes, breach of contract and misrepresentations in securities-related cases.
Expertise and Leadership
For over 15 years, Mr. Lapidus has educated other attorneys and experts in a broad range of securities and arbitration issues, including:
- featured speaker, American Arbitration Association ("Evidence and Persuasion in Securities Arbitrations");
- panelist, National Association of Securities Dealers ("Punitive Damages in Arbitration");
- speaker, Bar Association of San Francisco ("The Availability of Punitive Damages in Securities Arbitration");
- speaker, NASD Securities Conference("Damages in Arbitration - Arbitrator's Duty to Follow the Law");
- panelist, Practicing Law Institute, Securities Arbitration Seminar ("Should Arbitrators Apply New York Law In Face Of A New York Choice-Of-Law Provision").
As an active participant in the training of arbitrators for securities disputes for the American Arbitration Association, Mr. Lapidus also co-authored "Securities Arbitrator Training & Role-Playing Scenarios".
Mr. Lapidus has also:
- served on the Board of Directors of the Public Investors Arbitration Bar Association (PIABA), a national organization of attorneys who represent investors in arbitrations against securities brokerage firms;
- served on the NASD's National Arbitration and Mediation Committee (NAMC, 3 year term), which is comprised of 14 leading securities attorneys and securities industry professionals from across the country;
- been a member of the American Arbitration Association's National Securities Advisory Committee and the NASD Regional Arbitrator Recruitment Counsel;
- testified before the Securities Industry Conference On Arbitration ("Representation Of Parties In Arbitration By Non-Attorneys"), and before the Ruder Commission.
- Boston University School of Law, Boston, Massachusetts
- JD - 1981
- University of Virginia, Charlottesville, Virginia
- B.A. - 1978
- Major: Religious Studies
- California, 1986
- Securities and Exchange Commission, Staff Attorney, 1982 to 1986
- Taylor and Stanley, 1986-1989
- Public Investors Arbitration Bar Association, Member, 1991 to Present
*AV®, AV Preeminent®, Martindale-Hubbell Distinguished and Martindale-Hubbell Notable are certification marks used under license in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell® is the facilitator of a peer review rating process. Ratings reflect the anonymous opinions of members of the bar and the judiciary. Martindale-Hubbell® Peer Review Ratings™ fall into two categories — legal ability and general ethical standards.