John G. Rich
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Phone: (212) 433-1480
Fax: (212) 433-1481
1 Trinity Centre
111 Broadway, Suite 1303
New York, New York 10006
John G. Rich is a partner of the law firm of Rich & Intelisano, LLP. He has been practicing securities and commercial litigation law in New York for over 26 years. He represents individual and institutional investors in securities arbitration and litigation against financial institutions. He also represents commodities investors as well as employees in industry disputes and self-regulatory organization investigations. He has extensive experience in large and complex securities and commodities fraud cases on behalf of investors worldwide. He prosecutes claims against brokerage firms, banks, hedge funds, investment advisors and other financial professionals. He also represents clients in commercial and international commercial arbitrations.
Mr. Rich and his partner Ross B. Intelisano pioneered the practice of representing groups of individuals and institutions in customer arbitrations related to hedge fund fraud. The Firm presently represents investors who lost approximately $50 million in group arbitrations at FINRA against Bear Stearns related to the Bear Stearns High Grade Structured Credit Strategies hedge funds which blew up in July 2007. The firm also currently represents groups of investors who have claims against investment advisors and financial consultants for failing to do proper due diligence in their recommendation of Bernard Madoff-related feeder funds.
Starting in 2005, Mr. Rich and the Firm represented investors who lost over $25 million in the $300 million Bayou hedge fund blow up in Connecticut. In 2007, the Firm settled a multi-million dollar group arbitration at the American Arbitration Association related to Bayou against a registered investment advisor for failing to do proper due diligence.
Mr. Rich and the Firm presently represent the Bayou Bankrupcy estate in a $20 million FINRA claim against Goldman Sachs’ clearing arm, which acted as Bayou’s prime broker.
Mr. Rich and his partner Mr. Intelisano were co-trial counsel in the Engel, et. al v. Refco commodities fraud case, a $100 million Ponzi scheme. The 100-day arbitration on behalf of a group of 13 individual and corporate investors who lost a combined $35 million, generated a $43 million award in 2001. It remains the largest collected arbitration award ever rendered on behalf of private investors against a brokerage firm.
Mr. Rich was co-counsel representing a large investor in connection with a $40 million court proceeding against Frank Gruttadaria, Lehman Brothers and S.G. Cowen, arising from a massive securities fraud perpetrated by Gruttadaria which came to light in 2001.
Mr. Rich formed Rich & Intelisano, LLP with Ross B. Intelisano in 2003. Mr. Rich began practicing securities and general commercial litigation at Davis Polk & Wardwell in 1981, and was in private litigation practice from 1990 to 1995. From 1995 to August 2003, when Rich & Intelisano, LLP was formed, Mr. Rich was of counsel to the law firm of Eppenstein and Eppenstein, where he tried multi-million dollar securities and commodities arbitrations.
Mr. Rich has been quoted in Barrons on mismanagement of investments by banks, and has lectured on International Securities Arbitration at the Institute for International Studies.
Mr. Rich was born in Salt Lake City, Utah in 1955. He received his law degree from the University of Utah College of Law in 1981, where he was Editor-In-Chief of the Law Review and a member of the Order of the Coif. He received a B.A. from Santa Clara University in 1978, cum laude.
Mr. Rich is a member of the Association of the Bar of the City of New York, Public Investors Arbitration Bar Association, and was admitted to the New York State Bar in 1982, U.S. District Court, Southern District of New York (1982), and Eastern District of New York (1983).