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Douglas Fogle of WSS Philadelphia Office Named a Rising Star in Pennsylvania Securities Litigation
Douglas Fogle, an associate in the Winget Spadafora Schwartzberg LLP Philadelphia office, has been named as a 2025 Rising Star in the category of Securities Litigation. Doug was selected as a Rising Star in Pennsylvania and Delaware based upon independent research, peer evaluation and final selection by the Super Lawyers Association. Only 2.5% of the […] More
SEC Removes 15% Cap on Private Fund Investments by Retail Closed-End Funds—Litigation and Enforcement Risk Implications
The SEC has just announced a significant policy shift regarding registered closed-end funds offered to retail investors – they are no longer subject to the longstanding staff-imposed 15% cap on investments in private funds of the Investment Company Act. This policy change will provide greater access for non-accredited retail investors to invest in private equity […] More
WSS’s Philadelphia Office Prevails on Motion to Dismiss in Civil RICO Case Seeking Hundreds of Millions of Dollars
On May 20, 2025, Joel Wertman and Doug Fogle of Winget, Spadafora & Schwartzberg LLP’s Philadelphia, Pennsylvania office successfully prevailed on a motion to dismiss on behalf of its client, a financial services and advisory firm, in a civil Racketeer Influenced and Corrupt Organizations (“RICO”) case pending before the United States District Court for the […] More
LAW360 Reports On WSS LLP’s Victory In $25 Million Claim Arising From Failed SPAC Investment
Recently, Law360 covered a decisive victory by Winget, Spadafora & Schwartzberg LLP’s clients in Rimu Capital Ltd. v. Ader et al. before the U.S. District Court for the Southern District of New York. Through an Opinion and Order (“Order”) United State District Judge Lewis J. Liman granted WSS LLP’s motion to dismiss all claims against […] More
Winget Spadafora & Schwartzberg, LLP Philadelphia Office Obtains Respondents’ Award in FINRA Arbitration
Our clients are a national broker-dealer and its registered representatives who were alleged to have engaged in unauthorized and excessive trading in the client’s brokerage accounts. We were able to establish that the trades were authorized and the accounts were not excessively traded leading to a denial of Claimant’s claims in their entirety. The representatives […] More
WSS New York Office Wins Motion To Dismiss Allegations of Gross Mismanagement On Behalf of Not-For-Profit Corporation’s Former Executive Director
Alexander A. Truitt and Anthony S. Pellegrino of Winget, Spadafora & Schwartzberg LLP’s New York office won a CPLR 3211(a) Motion to Dismiss, on behalf of the Executive Director of a Not-For-Profit Corporation. The Plaintiff, a Quasi-Public Authority, filed an eleven-count, 400-plus paragraph Complaint containing extreme and provocative allegations of gross mismanagement and disloyalty by […] More
