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Touro Law Center
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Alumni of the Month Program

Each month, Touro Law Center’s Alumni and Development Office recognizes one outstanding alum for his or her contribution to the legal field, service to the law school, or other outstanding achievement. If you would like to nominate a fellow alum, please contact the Director of Alumni Relations at 631.761.7063 or via e-mail.

January 2014

Lawrence Steckman

Lawrence Steckman

Class of 1988
Eaton & Van Winkle LLP

Lawrence Steckman is a partner at the 180 year old law firm of Eaton & Van Winkle LLP.  He has been litigating securities cases and business disputes for twenty five years, having started his career at ­­Shea & Gould, in New York City.  Last year, Mr. Steckman was renamed one of New York’s “Super Lawyers” by Super Lawyers Magazine, after being identified as such in July, 2006 in the magazine’s premiere New York edition in the areas of securities and business litigation.  In 2013, the attorney rating service, AVVO, awarded him a rating of “superb,” its highest achievement level.  Mr. Steckman has handled billions of dollars in client matters, has overseen the dismissal of billions in securities and RICO claims against his clients and has been counsel in leading securities and derivatives cases, RICO litigations and securities arbitration disputes.  He is the author or lead co-author of more than forty published works on the law.

 In 2005, Mr. Steckman defended Germany’s former industrial ambassador to the Middle East and Africa and a former Chairman and CEO of one of Europe’s largest energy and engineering companies, dismissing $60 million in civil RICO claims, on the pleading. In 2006, he defended a bank officer accused of structuring swaps and derivatives to facilitate alleged market timed and late traded securities transactions in violation of Rule 10b-5 in two MDL market-manipulation based class suits claiming $600 million aggregate damages – he obtained dismissal with prejudice of all claims.

Mr. Steckman’s practice areas include securities and derivatives private and class suits, complex federal and state commercial litigation, prosecuting and defending civil RICO private and class suits, merger and acquisition litigation, bond, arbitrage and fraud litigation, and corporate, contract, and  international commercial arbitration.  He also handles broker-dealer and broker-customer securities arbitration and securities regulatory matters and high profile professional liability litigation.  He has represented mutual, hedge and private equity funds, insurers, accounting and audit firms, real estate and mortgage companies, a rating company, officers of domestic and foreign companies, investment bankers, brokers, law firms and entrepreneurs.

Last year, Mr. Steckman succeeded in having dismissed more than $100 million in claimed damages in three class suits against auditors for Chinese reverse merger companies pending before Federal Judges, Kaplan, Rakoff and Daniels, in New York’s Southern District.  He succeeded, also last year, in dismissing a private fraud action seeking more than $15 million damages, in Utah District court, on a rule 12 motion.  He has successfully handled cases involving alternative investment and structured products ranging from synthetic derivatives, in federal court, to municipal arbitrage products involving mean reverting strategies, in FINRA arbitrations and, historically, a wide variety of matters including  a takeover litigation involving a closed end mutual fund,  a merger and acquisition litigation on behalf of a Canadian hedge fund against two French aero-space companies for roughly $100 million and defending several Egyptian companies and a member of the Egyptian parliament against one of the world’s largest banks and the Arab Banking Corporation, in a case seeking more than $200 million.  Last year, he published, with two expert witness co-authors, on antitrust class certification motion practice focusing on causal modeling strategies needed to survive dismissal  The article, published in the PSLRA Reporter, is being reprinted in expanded form by Touro Law Review.

Mr. Steckman has published book chapters and articles on federal procedure, attorney client privilege, constitutional law, securities fraud pleading, loss causation, insider trading and risk arbitrage, securities arbitration, and damage computation.  He has published extensively on the RICO statute, including articles on RICO predicate acts, enterprise theory, RICO standing, direct injury, claim accrual and statute of limitations, RICO causation and the PSLRA RICO Amendment.   He has published, as well, on public policy matters ranging from international terrorism and impeachment to application of the Sixth Amendment right to counsel.  Last year, he also published in the area of therapeutic psychology.

Mr. Steckman has delivered lectures on topics including: Complexity and Securities Fraud Litigation, Securities Class Litigation (New York University), RICO Class Suits After SLUSA (Touro Law School), and  Recent Developments in Civil RICO Jurisprudence (American Bar Association). He has been a member of the Board of Advisors of Private Securities Litigation Reform Act of 1995 Reporter since 1996. 

Born in New York City, Mr. Steckman graduated from Long Island University, summa cum laude, with dual degrees in classical music performance (classic guitar) and philosophy, and pursued doctoral studies in philosophy at Columbia University, where he received his Masters degree, prior to deciding to pursue a career in law and attending Touro law school. He and his wife Lodze Steckman, a cardio-thoracic surgeon and international specialist in disaster management, live in Locust Valley.

A full list of Mr. Steckman’s litigation accomplishments and published works can be found here.   


Alumni of the Month