- Broker-Dealer Litigation and Arbitration
- Data Breach
- Commercial Litigation
- Labor and Employment
- Federal Court Litigation
- Financial Institutions
- Banking and Financial Institutions
|Mailing Address||P.O. Box 49948, Sarasota, FL, 34230|
|University ||University of Rhode Island, B.A., 1980|
|Law School||Seton Hall University, J.D., with honors, 1983|
|Admitted||1983, New Jersey; 1985, Florida; 1985, New York; 1987, United States District Court Middle District of Florida; 1993, United States Supreme Court; 1995, United States District Court Southern District of Florida; 2001, United States District Court Northern District of Florida|
Michael S. Taaffe is the Department Administrator of the Broker-Dealer Litigation and Arbitration Practice Group of the firm. He is Board Certified in Business Litigation. His practice focuses on the representation of public and private corporations and their officers, directors and key employees in a variety of matters, including: restraints of trade, unfair competition, employment contracts, partnership separation and torts, as well as securities-related litigation involving arbitration, securities customer disputes, broker-dealer recruitment, raiding litigation, compensation and separation agreements, wrongful termination and Form U-5 issues. He regularly practices before state and federal courts, as well as state and federal securities regulators and self-regulatory agencies.
Michael has obtained numerous million dollar recoveries in State and Federal Courts and FINRA arbitrations. Michael recently tried a landmark case in the securities industry resulting in an award in excess of $10, 000, 000. Thereafter, Michael completed a nationwide global settlement for over 1, 000 individual registered representatives. Michael manages the Broker-Dealer Litigation Arbitration Practice in a collaborative fashion bringing in constructive ideas from clients, industry experts and team members to construct a targeted approach to expeditiously achieve the clients' goals while employing creative fee structures.
Michael served as law clerk to the Honorable Benedict E. Lucchi, Judge, Superior Court of New Jersey. Michael has extensive practice in mergers, acquisitions, and the litigation of same regarding shareholder and partnership agreements and employment contracts in both the securities and healthcare industries. Michael has also represented physicians at licensing, privileges and peer review proceedings.
Michael is admitted to practice before the Supreme Court of the United States of America and all local state courts in the states of Florida, New Jersey and New York. Michael is also admitted to practice before the United States District Courts for the Northern, Middle and Southern Districts of Florida, as well as the United States District Court, District of New Jersey.
• AV Peer Review Rated by Martindale-Hubbell
02.05.2015 Shumaker, Loop & Kendrick Data Breach Team Monitors Congress Discussions on Federal Laws
12.17.2014 Shumaker Launches New Data Breach Practice Group
09.17.2012 Landmark Victory Against Merrill Lynch Upheld by Federal Court
05.08.2012 Broker-Dealer Litigation and Arbitration Practice Achieves Landmark Victory Against Merrill Lynch
10.15.2010 Former Merrill Lynch Brokers Win $1.167 Million Arbitration Award - Merrill Lynch Change of Control Triggers Stock Vesting for Employees
06.09.2015 Data Breach: Every Business Needs an Elite Goalie
01.30.2015 Client Alert: Congress Discusses Federal Data Breach Laws
11.14.2014 Client Alert: Florida Information Protection Act of 2014 - One Of The Strictest Data Breach Statutes in the Nation
Spring 2015 insights' Newsletter - Spring 2015
Documents by this lawyer on Martindale.com
Data Breach: Every Business Needs an Elite Goalie
Michael S. Taaffe,David L. Wyant, Jr., June 24, 2015
The days of standing behind someone at the grocery store who is paying with a personal check, or, around the office, hauling physical paper files, are essentially extinct. To many Americans, the cash register and filing cabinet are now antiques. The costeffectiveness and efficiency brought by...
Congress Discusses Federal Data Breach Laws
Michael S. Taaffe, April 10, 2015
Earlier this week, the U.S. House of Representatives’ Subcommittee on Commerce, Manufacturing and Trade held a hearing during which there was a discussion of a Congressional proposal for a federal data breach statute.
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