Joel Wertman, a shareholder in the firm's Philadelphia office, maintains a general litigation practice with primary focus on disputes in the securities, insurance and real estate industries. He has represented clients in a wide range of litigation matters to include public customer disputes in state court, federal court and arbitration, as well as employment disputes seeking monetary and injunctive relief in state and federal courts.
In 2003 Joel was admitted to the Pennsylvania Bar. He received his undergraduate degree in English from Johns Hopkins University where he was also the captain and a four-year member of the men's varsity basketball team. Joel received his juris doctor from Temple University where he was also editor in chief of the Environmental Law and Technology Journal and a member of Temple's mock trial team. While attending law school, Joel worked as a summer associate at Marshall Dennehey and also as a summer clerk for the Honorable Charles Smith, federal judge for the Eastern District of Pennsylvania.
Significant Representative Matters
•Dismissal of NASD (now FINRA) Complaint prior to hearing in customer dispute alleging unsuitable recommendations as to surrender and exchange of annuity products.
•Award of zero damages for FINRA dispute related to alleged damages stemming from recommendation of annuity products.
•Numerous successful arguments in federal court with respect to requests for injunctive relief on behalf of broker dealer clients.
•Participated in successful defense of numerous matters with significant exposure to include defense verdict in claim for damages for alleged investment advices related to participation in business entities which were outside business activities of the registered representative.
•Financial Advisor Forecast: Stormy With Scattered Data Breaches,Financial Advisor, June 23, 2014
•FINRA Takes Steps to Alter CRD Expungement Rules: Are More Stringent Rules Aimed Toward Disclosure on the Horizon?, Defense Digest, Vol. 20, No. 2, June 2014, Co-author
•FINRA Amendments to Discovery Guide: Need-to-Know Info for Claims, PropertyCasualty360.com, December 2013
•FINRA's New Suitability Rule and the Important Changes for Members to Ensure Best Practices, Defense Digest, Volume 18, No. 4
•Covenants Not To Compete: Why You May Not Be Able To Work For Your Employer's Competitors, agentsofamerica.org, December, 2007
•A Time For Change: Recent Alterations to the NASD Code Will Affect The Litigation Process and Defense Costs for Public Customer Arbitrations, Defense Digest, September, 2007
•Selling To And Advising Seniors, agentsofamerica.org, September, 2007
•Avoiding The Wrath Of The SEC: A Broker Dealer Refresher As To Preservation Of Records, PLUS Journal, February, 2007
•The Importance Of The Brownfields Revitalization And Economic Restoration Act, Temple Environmental Law and Technology Journal, Spring, 2002
•Outside Counsel's Perspectives of the Evolution of Public Customer Litigation and Registered Representative's Best Practices for Risk Management, Concorde Investment Services Spring Conference, May 2014
Honors & Awards
•Pennsylvania Super Lawyer Rising Star, 2013-2014
Year Joined Organization: 2002