THE FIRM

Our Practice | Why Should You Retain Our Firm

KREBSBACH & SNYDER (formerly Theodore A. Krebsbach & Associates, P.C.) is a national law firm founded by Theodore Krebsbach with offices just south of Wall Street at 55 Broadway, New York, New York.  While Senior Vice President and Director of Litigation of Shearson Lehman Brothers, Mr. Krebsbach managed that firm's global litigation and arbitration caseload and its General Counsel Office staff of 50 securities litigation professionals.

Mr. Krebsbach successfully argued the two landmark United States Supreme Court securities arbitration cases, Shearson v. McMahon (1987) and Rodriguez de Quijas v. Shearson (1989). These victories established securities arbitration as the primary forum for resolution of investor-stockbroker disputes.

Since 1993, the attorneys at Krebsbach & Snyder (and its predecessor firm Theodore A. Krebsbach & Associates, P.C.) have maintained a single focus:  to provide investment and stockbrokerage firms with the highest quality representation in arbitration, litigation, and enforcement proceedings.  We provide our Wall Street clientele with an unparalleled  level of service made possible by our years of experience in representing stockbrokers, branch managers, brokerage firm executives, traders and other securities industry professionals.  We have represented many of the most respected investment firms in the country, including A.G. Edwards, Fahnestock, Goldman Sachs, H&R Block Financial, Lehman Brothers, Merrill Lynch, Morgan Stanley, Oppenheimer, Prudential Securities, Smith Barney, TD Waterhouse, UBS PaineWebber, and others.

The firm is unique in that it represents only stockbrokerage firms and its employees and our practice is limited to contested proceedings.  Our attorneys consistently and regularly reject opportunities to handle claimant cases, and do not handle cases against a brokerage firm or where we may be required to establish precedent harmful to the brokerage industry.

The firm's attorneys have successfully handled every conceivable type of contested brokerage firm proceeding, including SRO enforcement trials and on-the-record examinations, SEC enforcement proceedings, securities litigations and appeals at every level of the New York state and federal court system, including the United States Supreme Court, and securities arbitrations throughout the country and internationally.

OUR PRACTICE

Representative matters we handle for our clients include:

ARBITRATION/LITIGATION/APPEALS/COMPLAINTS

Our attorneys handle sophisticated federal and state trial and appellate court litigation, and NASD and NYSE arbitrations nationwide, with claims ranging from tens of thousands to tens of millions of dollars. Cases we handle include claims of:

REPRESENTATIVE MATTERS

The firm's attorneys have achieved many notable successes for our clients. Particulars and references are available upon request.

Some representative matters handled by the firm's attorneys since January 2000 include:

• The firm currently represents a public corporation and certain of its present and former officers and directors in an SEC civil enforcement proceeding in the United States District Court, Southern District of New York, alleging that defendants overstated the value of contracts, failed to disclose material contingencies relating to those contracts in press releases and regulatory filings, and improperly recognized revenue from a licensing agreement.

• The firm currently represents an investment banking firm and one of its managing directors in a $200 million federal court action involving claims of securities fraud and market manipulation.

• The firm currently represents one of the largest international brokerage firms in New York State Supreme Court, New York County, in an action to enforce a surety bond.  In 2002, we successfully argued before the Appellate Division, First Department, obtaining a ruling that trial courts have the authority to modify certain terms of a surety bond to effectuate the intent of the parties.

• The firm currently represents a national brokerage firm and its executive officers and registered representatives in an NASD enforcement proceeding investigating numerous allegations of sales practice violations.  An NASD enforcement trial is anticipated in late 2003.

• In 2001, we successfully represented one of the largest international brokerage firms at an NASD arbitration in a seven-figure reverse-repurchase agreement mispricing claim by its former client.  In a virtually unprecedented action, the arbitrators completely dismissed the case at the hearing after the conclusion of counsels' summations.

• In 2001, we successfully represented a prominent national brokerage firm in a seven-figure NASD arbitration where, after 20 hearing sessions, the Washington, D.C. arbitrators completely dismissed all claims, assessed claimants $20,000 in costs, and directed claimant's counsel to personally pay monetary sanctions to our firm.

• In 2000, the firm successfully represented one of the largest international brokerage firms in a $10 million compensation and breach of contract claim by a former investment banker.  After 23 hearing sessions at the NASD, the arbitrators held that the banker was entitled to no additional compensation over that originally offered by the firm.

• Since January 2000, the firm has represented major international brokerage firms in four other seven-figure NYSE and NASD arbitrations by disgruntled investors, each of which was completely dismissed after hearing.

                                OUR PRACTICE IS NATIONWIDE

The attorneys at Krebsbach & Snyder represent clients throughout the country and overseas.  We have argued appeals nationwide and can be admitted to practice before courts outside New York State on a case-by-case basis.  Our attorneys have arbitrated cases through hearing before the NASD and NYSE in Albany, Albuquerque, Atlanta, Baltimore, Boca Raton, Boston, Buffalo, Charlotte, Chicago, Clearwater, Columbus, Dallas, Dayton, Detroit, Fort Lauderdale, Hartford, Honolulu, Houston, Kansas City, Las Vegas, Los Angeles, Louisville, Memphis, Miami, New Orleans, New York City, Omaha, Philadelphia, Phoenix, Portland, Raleigh, Richmond, San Diego, San Francisco, Seattle, Southfield, St. Louis, Tampa and Washington DC.

We are flexible in working with clients in all geographic areas to meet their unique needs in structuring flexible and compatible fee arrangements.

                           WHY SHOULD YOU RETAIN OUR FIRM?

Krebsbach & Snyder attorneys all concentrate their practices in broker-dealer arbitration, litigation & appeals, and regulatory and enforcement matters and regularly speak and publish on issues related to practice in these areas.  Our experience enables us to constantly evaluate the potential regulatory implications involved at every stage of a complaint, arbitration or litigation.

Our firm is uniquely qualified to provide quality legal representation at a reasonable cost, with a level of personal attention only available at a firm our size. As the Director of Litigation at the second largest brokerage firm in the country, Mr. Krebsbach learned to view cases from his client's perspective and to effectively manage legal fees and settlement costs. Our attorneys communicate with clients to understand their unique needs and accomplish their goals. Cases are staffed efficiently and we are flexible in discussing creative fee arrangements such as hourly rates, flat rates, fee caps and contingency fees.

Whether a case is large or small, complex or simple, our experience, competitive rates, lean staffing and other efficiencies can be put to work for you. If you are a securities industry professional or investment firm in need of legal counsel, contact Mr. Krebsbach for a consultation.

Home | The Firm | Biographies | Seminars and Speaking Engagements | Links | Contact Us

Copyright © 2003 Krebsbach & Snyder, A Professional Corporation.   All rights reserved.

Please read our Disclaimer Notice