Mr. Rounsaville concentrates in the defense of brokerage firms and financial institutions against claims asserted by customers. He has successfully handled securities litigation matters in state and federal court, and in arbitration proceedings before the National Association of Securities Dealers and the New York Stock Exchange. Mr. Rounsaville’s recent securities cases include: Defense verdict in National Association of Securities Dealers (NASD) arbitration for securities firm in a case tried in Raleigh, North Carolina in which the Claimant alleged breach of fiduciary duty, fraud and unsuitability in connection with the sale of securities. Successful defense of securities firm in an NASD arbitration tried in Nashville, Tennessee in which the Claimant was awarded a small fraction of the total damages sought. Representative of the clients that Mr. Rounsaville has represented in litigation matters are Merrill Lynch, Pierce, Fenner & Smith Inc., UBS Financial Services, Inc., Morgan Stanley DW, Inc., Raymond James Financial Services, Inc., and Sterne, Agee & Leach Inc. Mr. Rounsaville also has significant experience in many aspects of real property litigation. He has represented landowners and developers from individuals and small partnerships, to large corporations and governmental entities in litigation matters involving ad valorem taxes; boundary lines and surveys; eminent domain; mortgages, foreclosures, and redemptions; easements and rights-of-way; construction; land use planning and zoning; acquisition, disposition and financing; and title issues. He has represented his clients before local government boards and commissions, in condemnation proceedings before appointed commissioners, and has tried real property-related cases in Alabama state courts. Mr. Rounsaville has successfully handled numerous appeals involving real property to the Supreme Court of Alabama including: Thomas G. Statham v. Plantation Pipe Line Co., 876 So. 2d 516 (Ala. 2002) (affirmed without opinion) (the Court affirmed the trial court’s dismissal of putative class action claims against a national pipeline company related to the placement of fiber optic cable within pipeline rights of way throughout the southeastern United States). Willie F. Horne v. AT&T Communications of South Central States, 877 So. 2d 645 (Ala. 2002) (affirmed without opinion) (the Court affirmed the trial court’s grant of an injunction in favor of a national telecommunications company related to the removal of a structure encroaching on the company’s right of way). Allen E. Shealy v. Jimmy Golden and Wolf Creek Timber Company, 897 So. 2d 268 (Ala. 2004) (the Court reversed the trial court’s judgment after a bench trial (handled by another law firm), held that the client had a right to redeem a one hundred-acre tract of land, and held that the former owner forfeited the right to be compensated for any improvements to the land). Mr. Rounsaville has also worked on a variety of general litigation matters including insurance, consumer finance, and personal injury matters. |