DARYL M. SCHUMACHER
Daryl spent the first ten years
of his career practicing at some of Chicago’s largest law firms—most
recently as a partner at the Washington, D.C. based firm Steptoe &
Johnson. Daryl’s practice focuses on commercial litigation, with a
concentration in the area of financial services litigation and
regulation. Over the years, Daryl has participated in court and
arbitration proceedings in over twenty states. He has represented
Fortune 500 companies and individuals before state and federal courts,
the U.S. Securities and Exchange Commission, the Illinois Securities
Department, the New York Stock Exchange, Inc., NASD Dispute Resolution,
Inc., the American Arbitration Association and the Financial Industry
Regulatory Authority (“FINRA”). Daryl has vast experience representing
clients in all phases of litigation, including regulatory
investigations, arbitrations, trials and appellate litigation.
Daryl received his law degree from The John Marshall Law School in 1998
where he graduated with high honors and achieved the academic
distinction magna cum laude. While in law school, Daryl was a
staff editor for The John Marshall Law Review, and participated
in the Herzog Moot Court Competition. Daryl was admitted to practice
law in the State of Illinois in 1998. Daryl is a member of the Chicago
Bar Association and the Illinois State Bar Association, and has served
as a committee member of the Illinois State Bar Association’s Young
Lawyers Division.
Honors and
Achievements
Daryl was named by Illinois Super Lawyers magazine as
one of the state’s Rising Stars for 2008. No more than 2.5 percent of
lawyers in the state are named as Rising Stars.
Representative Engagements and Successes
·
Daryl obtained $4 million and $2.8 million
judgments on behalf of investors who lost money in connection with Ponzi
schemes;
·
Daryl successfully represented two clients seeking
to participate in a $1 billion class action settlement involving the
economic and trading rights of members of the Chicago Board of Trade in
the wake of the merger between the Chicago Board of Trade and the
Chicago Mercantile Exchange;
·
Daryl has secured the dismissal of enforcement proceedings
which the Illinois Securities Department initiated against financial
industry professionals;
·
Daryl regularly represents clients seeking to pursue or
defend claims involving the enforcement of covenants not to compete or
other restrictive covenants;
·
Daryl frequently represents clients in cases involving the
theft of trade secrets;
·
Daryl represents numerous retail securities customers
victimized by fraudulent conduct in connection with the handling of
their investment accounts;
·
Daryl represents hedge funds and other companies accused
of violations of state and federal securities laws;
·
Daryl defends broker dealers and registered
representatives against allegations of improper handling of customer
accounts;
·
Daryl defends financial professionals being
investigated or sued by regulatory agencies such as the U.S. Securities
and Exchange Commission, the Illinois Securities Department, or the
Financial Industry Regulatory Authority.
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