LAW OFFICE OF WILLIAM COUDERT RAND

228 East 45th Street, 17th Floor
New York, NY 10017

Phone(212) 286-1425
Fax(646) 688-3078

Email: wcrand@wcrand.com


William C. Rand founded the Law Office of William Coudert Rand on May 1, 2001.

 

Legal Practice:  Commercial, Securities and Employment Litigation, Securities Arbitrations, SEC, NASD, NYSE Investigations, Appraisal Rights Actions, Class and Derivative Actions, Breach of Commercial Contracts, Letters of Credit, Construction, Trademark Infringement, Tort and Products Liability, Defamation, RICO, Wrongful Discharge, Discrimination, Appeals, Collections

 

Billing Method: Hourly or contingency or combination thereof

 

Education: Mr. Rand graduated from Harvard College with honors in economics in 1987 and worked for the next two years as an analyst at Prudential Securities.  He completed his J.D. Degree at Fordham Law School in 1992.  At Fordham, he competed in the Mulligan and Wormser moot court competitions and published a Note in the Fordham Urban Law Journal, which analyzed the effect of fraudulent conveyance law on leveraged buy-outs.  During the summer of 1990, he worked as a clerk for the  Honorable John F. Keenan, United States District Court Judge for the Southern District of New York.

           

Experience:  Mr. Rand commenced his legal career at Brown & Wood where he practiced securities litigation for three years.  Mr. Rand next followed Brown & Wood=s head of litigation to Jones Day, where he continued his securities practice and also practiced commercial and tort litigation.  Mr. Rand then worked for Paul Hastings from December 1997 until May 2001, where he had a diverse practice including securities litigation, non-compete employment litigation, general commercial litigation, letter of credit litigation as well as trademark infringement litigation. 

 

Articles:  Mr. Rand has published articles regarding the effect of the Securities Litigation Uniform Standards Act of 1998, the evolution of tracing under the 1933 and 1934 Acts, and the scope of the common interest privilege.

 

Bar Memberships:  Mr. Rand serves on the New York Bar Association=s Council on Judicial Administration and recently served on the Council=s Task Force on Court Restructuring.  Mr. Rand is a member of the New York Bar and is admitted to the Southern and Eastern Districts of New York and the Second and Third Circuit Court of Appeals.

 

Reported Cases:   In re Donna Karan International Inc. Shareholders Litig. C.A. No. 18559 (Bench Decision, September 10, 2002)(V.C. Strine) (awarding only $200,000 in fees despite defendants’ agreement to pay fees of $925,000); In re M&F Worldwide Shareholders Litigation, C.A. NO. 18502 NC (Bench Decision, May 13, 2002) (V.C. Strine) (class action settlement rejected as inadequate given underlying merits of claims – motion to intervene granted); Zucker v. Westinghouse Electric Corp., 265 F.3d 171 (3d Cir. 2001) ($580,000 fee award reversed); SEC v. Alexander, 160 F. Supp. 2d 642 (S.D.N.Y. 2001) (denied motion to dismiss insider trading allegations) (J. Swain); Kaplan v. Rand, 192 F.3d 60 (2d Cir. 1999) ($1 million fee award reversed); Kurzweil v. Philip Morris Companies, Inc., 1999 U.S. Dist. LEXIS 18378 (S.D.N.Y. 1999) (fee award subsequently reduced by $250,000 as settlement of Rand’s appeal); Saslaw v. Alaskari, 1997 WL 221208 (S.D.N.Y. 1997) (J. Preska) (dismissing Section 14 securities claims); Seinfeld v. Robinson, 656 N.Y.S.2d 707 (Sup. Ct. N.Y. Co. 1997) (Crane, J.) (court denied $3.4 million dollar fee request in derivative action against directors of American Express), rev=d and remanded, 676 N.Y.S.2d 579, 246 A.D.2d 291 (1st Dep=t 1998) (upon remand after 3 day trial court awarded $512,040); Allard., Trustee of DeLorean Motor Company, v. Arthur Andersen & Co. (USA), 924 F. Supp. 488 (S.D.N.Y. 1996) (J. Mukasey) (summary judgment granted on RICO claims); In re F & M Distributors, Inc. Sec. Litig., 937 F. Supp. 647 (E.D. Mich. 1996) (motion to dismiss denied); Lind v. Vanguard Offset Printers, Inc., 857 F. Supp. 1060 (S.D.N.Y. 1994) (J. Sweet) (denying summary judgment on securities fraud  claims); Bissel v. Merrill Lynch & Co., Inc. 937 F. Supp. 237 (S.D.N.Y. 1996) (Dismissing claims to interest on margin loans based on federal preemption) (J. Schwartz)