With more than 20 years of experience trying complex commercial cases in federal and state court, as well as many arbitration forums, Stanley Yorsz is particularly focused on securities and securities-related litigation. He is chair of the firm's Securities Litigation practice. Stanley is an immediate past member of the firm's Operations Committee. He has been lead counsel for brokerage firms including Janney Montgomery Scott LLC and Liberty Securities Corporation. He has been lead counsel for such brokerage firms as Hefren-Tillotson, Inc.; and Citigroup Global Markets Inc. (formerly Salomon Smith Barney) in federal and state courts and before various arbitration forums, including the American Arbitration Association and the National Association of Securities Dealers. He also serves as an arbitrator for the NASD and AAA. He has represented several clients in investigations by the NASD and the SEC. Among other cases, Stan has successfully defended: · Conrail Inc. in its $11 billion tender offer litigation with Norfolk Southern and CSX Corporation. · Armstrong World Industries, Inc. in its corporate control battle with the Belzberg family of Canada. · Guaranty Bankshares Corporation in its proxy litigation. He has defended the directors and officers of these and other corporations in connection with fiduciary duty and corporate control issues. Also, Stan was one of the first attorneys to argue a case defending the constitutionality of the Pennsylvania Anti-Takeover Act. In addition to these securities-related actions, Stan was a lead member of the team that represented the Commonwealth of Pennsylvania in its action against the tobacco industry that resulted in a $10.6 billion recovery. He has also litigated a range of complex contract and restrictive covenant issues for clients such as the Ayco Company and TESTO, Inc. in various courts including the Chancery Court of Delaware and federal and state courts in, among other jurisdictions, New York, Washington, Ohio, Texas, Florida, Colorado and West Virginia. Stan also has developed a niche practice handling significant condemnation proceedings and related land use issues for such clients as Dominion Transmission Inc. A proponent of using Alternative Dispute Resolution (ADR) in the proper circumstances, Stan co-chairs Buchanan's Alternative Litigation Group and has written and spoken frequently on arbitration and mediation issues. Stan's published articles include a chapter on injunctions in the Allegheny County Civil Practice Manual and pieces on the Pennsylvania Anti-Takeover Act and mediation practice. He has lectured for various groups including the Pennsylvania Bar Association on civil procedure, securities litigation and contests for corporate control Publications & Speeches Pittsburgh Securities Litigation Attorney Stanley Yorsz Featured in Law360 Q&A August 13, 2009 SEC Division of Enforcement Publishes Enforcement Manual November 3, 2008 Facing Regulators at Home and Abroad speaker, Martindale-Hubbell Counsel to Counsel Forum May 7, 2008 Floodgates Opening for New ERISA Cases? February 21, 2008 Securities Litigation Attorney Stanley Yorsz Publishes Article on 10b5-1 Plans in Business Law Today January 7, 2008 UPDATE: 10b5-1 Plans Under Increased Scrutiny October 18, 2007 Securities Litigation Attorney Stanley Yorsz Quoted on Countrywide CEO's Stock Trades in the Los Angeles Times October 15, 2007 Supreme Court Toughens Pleadings Requirements for Plaintiffs in Securities Fraud Actions June 25, 2007 For the Defense: An Update on Recent Developments in Securities Arbitratoin February 2006 Some Practical Fundamentals of Mediation January 27, 2006 Unintended Consequences: The Application of Pennsylvania's Anti-Takeover Statutes to Friendly Transactions 2001 The Allegheny County Court of Common Pleas Civil Practice Manual, Injunctions and Preliminary Relief A Mediator's Style Can Make a Difference in the Result of Your Mediation Civic & Charitable Pittsburgh Chamber Music Project, Board of Directors, chair Affiliations American Bar Association Pennsylvania Bar Association (Also at Washington, D.C. Office) |