View Site Map

Featured Benefactor

Featured Sponsor

Did you know?

According to the EIRIS report entitled, "A Risky Business?  Managing Core Labor Standards in Company Supply Chains", 45% of the companies studied "have no policy or management systems in place to protect labor standards in their supply chain and fail to report on the issue."  According to EIRIS, investors should be concerned about breaches of labor standards for several reasons:  reputational risk, time spent by management addressing issues raised by NGOs, poor product quality, and legislation that could limit access to markets. 1.10

Saturday, October 25, 2008 3:45 PM - 4:45 PM
Room: Frontenac B

Speaker(s)
Thomas Burt View

Description
Even before the Credit Crisis began, the management of Municipal Mortgage & Equity LLC, had begun to exhibit questionable behavior. Our speaker, an experienced shareholder class action attorney, will describe the numerous clues that existed that something was wrong at Muni Mae, clues to be alert for in other companies.

Speaker Biographies
Thomas H. Burt is a partner at Wolf Haldenstein Adler Freeman & Herz LLP. He is a litigator with a practice concentrated in securities class actions and complex commercial litigation. After practicing criminal defense with noted defense lawyer Jack T. Litman for three years, he joined Wolf Haldenstein, where he has worked on such notable cases as: Burt: In re MicroStrategy Securities Litigation, No. 00-473-A (E.D. Va.), a securities fraud class action resulting in a recovery valued, at the time of settlement, at approximately $192 million; In re Initial Public Offering Securities Litigation, No. 21 MC 92 (SAS) (S.D.N.Y.), an ongoing case and one of the largest securities fraud cases in history, involving pending settlements for more than $400 million in cash and $1 billion in guarantees, and resulting in more than 500 pages of published opinions and two appeals to the Second Circuit Court of Appeals. Mr. Burt received a B.A. in Sociology from American University in Washington, D.C. in 1993, magna cum laude. He then earned his law degree at New York University School of Law in 1997, where he served as an Articles Editor for the Review of Law and Social Change. Mr. Burt is admitted in the State of New York (1998), and in the federal courts for the Southern and Eastern Districts of New York (1998) and the District of Michigan (2006). Mr. Burt currently serves on the Board of Managers, and as Chair of the Library and Archives Committee, of the St. Andrew?s Society of New York, the oldest charitable organization in New York.