Category: News

Pastore LLC recently secured a favorable settlement for a client involved in a partnership dispute regarding his equity in a Connecticut company he co-founded. The disagreement was resolved in connection with the seven-figure sale of the business.

Our client’s interest in the company was challenged during the negotiation of the sale, prompting a dispute over ownership and entitlement to proceeds. Pastore LLC intervened quickly, applying strategic pressure to protect our client’s equity position and ensure a just resolution in connection with the transaction’s close.

This matter highlights our firm’s strength in resolving high-stakes partnership and equity disputes.  If your ownership rights or equity interests are being challenged, Pastore LLC stands ready to protect your position and deliver results.

Pastore has been retained by partners at PwC and Grant Thornton in connection with disputes involving compliance work, Morgan Stanley, Citi Bank and other large financial institutions. Calling on Pastore’s broad depth of experience in corporate governance, securities compliance and technology law, Pastore has been selected to handle disputes that have connections to New York, Chicago, Atlanta, Charlotte and Florida. Pastore attorney’s involved are members of the New York Bar Association Securities Division and are formerly affiliated with Paul, Weiss, Rifkind, Wharton & Garrison and Kelley Drye & Warren LLP.

In a multimillion dollar arbitration based in Chicago, Pastore successfully defeated a motion to dismiss that was brought by a large international accounting and advisory firm. The motion to dismiss sought to eliminate claims that were plead in equity and were outside the controlling Partnership Agreement. Pastore represents a former Principal of the large firm, who formerly specialized in and led their technology and performance management solutions team.

Pastore LLC successfully persuaded the SEC not to bring charges against a former senior executive of a publicly traded national retail chain. Pastore represented the client throughout the SEC’s fact-finding inquiry into possible securities violation by the retail company. Pastore attorneys Paul May and Tyler Rutherford defended the SEC OTR in New York. At the conclusion of the inquiry, the SEC indicated that they would not be recommending an enforcement action against the client.

Pastore has attorneys formerly affiliated with firms such as Kelley Drye & Warren LLP, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Skadden, Arps, Slate, Meagher & Flom LLP, and Mayer Brown, as well as the SEC and NYSE, and has a thriving securities industry practice.

Pastore LLC represented an attorney and hedge fund manager in a disciplinary hearing related an algorithmic securities trading platform and sophisticated investment transactions. The client was accused of fraud and breach of contract, resulting in arbitration before the American Arbitration Association. Following the arbitration, the matter was brought before the State Grievance Committee in Connecticut for potential discipline, including disbarment. After lengthy proceedings, the State Grievance Committee’s reviewing committee declined to impose any discipline against Pastore’s client.

Pastore has attorneys formerly affiliated with firms such as Kelley Drye & Warren LLP, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Skadden, Arps, Slate, Meagher & Flom LLP, and Mayer Brown, as well as the SEC and NYSE, and has a thriving securities industry practice.

Pastore LLC congratulates Tyler W. Rutherford on his recent appointment to the Securities Litigation Committee of the New York City Bar Association, where he will serve a three-year term alongside esteemed members of the Bar. He has been a frequent author on sophisticated securities related issues.

On Wednesday, June 5th, Pastore LLC welcomed our summer class to the firm.

Kacey Hartmann has returned to the office as a Summer Associate after starting with Pastore as a Law Clerk in January of 2024. She received her Bachelor of Science in Political Science at Auburn University in 2022 and recently finished her second year at University of Kentucky J. David Rosenberg College of Law. Kacey is involved in the Women’s Law Caucus, the Sports Law Society, and volunteers as an advocate for CASA, Court Appointed Special Advocates.

Rob Washburne joins us as a Summer Law Intern. He is a rising junior at Bates College, where he majors in Politics and minors in Rhetoric, Film, and Screen Studies. After completing his bachelor’s degree, Rob intends to attend law school. While in school, Rob is the founder and president of the Club Tennis Team, actively involved with the Student Government and the Bonner Leader Program, and works at the Lewiston District Court.

Ellie Carter has returned to the office after starting as a Summer Law Intern in 2023. She is a rising senior in the Dual BA program between Columbia University and Sciences Po Paris, studying Politics & Government and Anthropology. Outside of the classroom, Ellie is the President of Columbia University Mock Trial, and is involved in Jewish life on campus. She looks forward to attending law school after graduation.

Pastore has successfully obtained jurisdiction over the CEO of an national logistics company in a dispute between founders of the company. The CEO had previously claimed that service was improper over him in Connecticut and that there was no personal jurisdiction over him within the state despite owning property in Connecticut and the fact that the company was founded in Connecticut. Pastore’s client, a shareholder and founder, was successful in overcoming that argument. Pastore client’s claims exceed $50 Million, alleging that the logistics company has failed to honor his rights as a shareholder and employee. The company, which also owns a large share of Attabotics, a Canadian logistics company, has recently engaged in a series of corporate transactions which may be subject to judicial review.