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Concentration
Litigation involving anti-trust violations and anti-competitive practices, complex commercial and contractual issues, consumer fraud and consumer protection, employee benefit plans/ERISA, securities fraud, mergers and acquisitions, and shareholder derivative actions, as well as representation of international clients.
Summary
Paul O. Paradis is the Partner responsible for Firm's Complex Litigation practice and Investigation Group, and is one of the Firm's senior litigators. Throughout his career, Mr. Paradis has specialized in handling highly complex multi-party litigation in federal and state courts across the United States.
Prior to becoming a Partner of the Firm, Mr. Paradis was a Partner at Abbey Spanier Rodd Abrams & Paradis, LLP from 2001 through 2007. Prior to that time, Mr. Paradis was a Senior Partner at Wolf Popper LLP from 1998 to 2001. Mr. Paradis began his legal career at Pomerantz Haudek Block & Grossman as an associate, and became a Partner of the firm in 1996, where he remained until 1998. Prior to practicing law, Mr. Paradis was employed as a portfolio manager at a major Wall Street financial institution.
Representative Engagements
Current Cases:
Representing purchasers of Vitesse Semiconductor Inc. common stock in a class action alleging violations of the federal securities laws arising out of the "options back-dating" scandal.
Representing purchasers of disability insurance policies issued by UnumProvident Corp. and other issuing subsidiaries in a class action for breach of contract.
Representing purchasers of prescription pharmaceutical products in a class action alleging consumer fraud.
Representing purchasers of certain vehicles manufactured by General Motors in a class action alleging breach of warranty.
Representing purchasers of certain vehicles manufactured by American Honda Motor Co. in a class action alleging breach of warranty.
Prior Cases:
Representation of Conseco Annuity Assurance Company, IHC Health Plans, Inc., and other purchasers of $2.4 billion Credit Linked Notes issued by Citigroup in a class action alleging securities fraud that was consolidated with Newby v. Enron et al.. Litigation was successfully resolved as a part of a $2 billion settlement with Citigroup.
Representation of Sapporo, Japan based Hudson Soft Co., Ltd. in an individual action alleging violation of the federal securities laws by Credit Suisse First Boston, Inc. ("CSFB") in connection with the sales of credit-linked notes issued by CSFB. Litigation successfully resolved for an undisclosed sum.
Representation of Tokyo, Japan based Autobacs, Seven Co., Ltd., in an individual action alleging violation of the federal securities laws by Credit Suisse First Boston, Inc. ("CSFB") in connection with the sales of credit-linked notes issued by CSFB. Litigation successfully resolved for an undisclosed sum.
Representation of stockholders of Abbott Laboratories in a stockholder derivative action that was successfully resolved for corporate governance changes.
Representation of Unit Holders of Ashford Castle and Dromoland Castle, located in Ireland in a mass action for breach of contract. Litigation successfully confidentially resolved.
Representation of purchasers of defective computer hard disk drives in an action against International Business Machines Corp. that was successfully resolved in a settlement valued at $35 million.
Representation of purchasers of USN, Inc. securities in a class action alleging securities fraud. Litigation was successfully resolved for $44.7 million.
Representation/appointment by the State of Wisconsin Investment Board ("SWIB") as Special Investigative Counsel in a class action alleging securities fraud by Anicom, Inc. Retained to conduct special investigation and draft complaint. All counts of the complaint were sustained.
Representation of seat-owners on the American Stock Exchange ("AMEX") in a class action arising out of the merger of the National Association of Securities Dealers, Inc., "NASD") with the AMEX. Litigation was successfully resolved for a $30 million immediate benefit to all AMEX seat owners and an additional multi-million dollar payout over a ten year period.
Representation of purchasers of United States Treasury securities in a class action alleging securities fraud, anti-trust and racketeering violations. Litigation was successfully resolved for $100 million.
Pro Bono Representation:
Pro bono representation of Chief Financial Officer of a publicly traded company wrongfully accused of securities fraud in a class action and two individual actions. All three litigations resolved by dismissal of all claims without any payment.
Pro bono representation of United States Secret Service Agents in connection with disciplinary proceedings commenced by the United States Secret Service. All matters successfully resolved.
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