Michael Schaalman is co-chair of the Firm’s securities litigation section and a member of the Firm’s Commercial Litigation Group. He is actively representing issuers, broker-dealers, institutional investors and brokers in securities litigation in federal and state courts. In addition, he represents clients in regulatory proceedings involving allegations of insider trading and unethical practices and advises on internal investigations related to whistleblowers. He is currently representing a client in the aerospace industry claiming substantial losses from the theft of trade secrets. Recently, Michael Schaalman has:
- Represented a Fortune 500 company in successfully recovering $9.2 million in a jury verdict for environmental indemnification.
- Recovered in excess of $15 million in damages for a hedge fund client claiming losses suffered through securities fraud.
- Recovered in excess of $7 million for breach of contract for a client in the automated material handling industry.
- Recovered through settlement $10 million in antitrust damages for a Fortune 100 company.
- Acted as lead trial counsel for a class of shareholders seeking to recover losses from a failed $5.2 billion merger in the food industry.
- Argued appeals in the Third, Seventh, Eight, Ninth and Tenth United States Circuit Courts of Appeal and in the Supreme Courts of Wisconsin and Delaware.
Education and Honors
- Northwestern University School of Law (J.D., 1974)
Northwestern University Law Review (Editorial Board).
- Grinnell College (B.A., 1970)
- Hebrew University (Jerusalem) (1969)
Peer Review Rated.
Selected for inclusion in the 2007 & 2008 Wisconsin Super Lawyers®
lists (Securities Litigation).
Professional and Civic Activities
- Legal Action of Wisconsin (Member; Board of Directors, 1980-1983).
- State Bar of Wisconsin (Lawyer Regulation Study Committee).
- Illinois State Bar Association (Member).
- American Bar Associations (Member).
- State Bar of Wisconsin (Member).
- Seventh Circuit Bar Association (Member).
- Law Clerk to Chief Judge Thomas E. Fairchild, U.S. Court of Appeals for the Seventh Circuit, 1975-1977.
- Academy of Learning and Leadership (Director).
- Milwaukee Jewish Day School (Director).
- Milwaukee Jewish Federation (Director).
- Big Brothers/Big Sisters of Metro Milwaukee, Inc. (Director).
- Hillel Foundation (President and Director).