Richard G. Himelrick - Tiffany & Bosco P.A.

Richard G. Himelrick

Listed in Best Lawyers since 2003

RICHARD HIMELRICK is a 30-year trial lawyer. His practice centers on business litigation with an emphasis on securities cases. He chairs Tiffany & Bosco’s Civil and Commercial Litigation Department. He is listed in The Best Lawyers in America, Southwest Super Lawyers, Litigation Counsel of America, and is a member of Scribes—The American Society of Legal Writers and the Arizona State Bar Class Actions and Derivative Suits Committee.

He represents clients in business disputes in both state and federal court. His cases often involve investment fraud including the defense of administrative actions brought by securities regulators.

Rich is currently lead counsel for a certified class of investors who bought mortgage-backed note investments issued by two insolvent companies.  See Facciola v. Greenberg Traurig, LLP, 281 F.R.D. 363 (D. Ariz. 2012).  The case alleges that the notes were sold in what became a Ponzi scheme.  Defendants include the issuers’ management, two national law firms that acted as securities counsel, and the lead issuer’s auditors.  The case settled as to the issuer’s management and securities counsel for $89 million.  The case is continuing against the auditors.

Rich was also lead trial counsel for the plaintiff class in an action certified on behalf of Arizona investors who purchased stocks under Olde Discount Corporation's "commission-free" programs. After a three week trial, the case settled during jury deliberations for $21 million, which represented a return to investors of over 115% of their out-of-pocket losses.

He was co-trial counsel for the plaintiffs in a class action filed on behalf of 11,000 investors who invested over $500 million with the Baptist Foundation of Arizona and its subsidiaries. During the sixth day of trial against BFA's auditor, Arthur Andersen, the case settled for $217 million. The year before he was lead class counsel in a related action that led to a $21 million settlement with BFA's outside attorneys. In another case, he represented three minority stockholders in a suit alleging shareholder oppression. For over a decade, the three plaintiffs had received only nominal dividends. The week before trial the case settled for $19.5 million.

Arizona (1976)
U.S. District Court, District of Arizona (1977)
U.S. Court of Appeals, Ninth Circuit (1977)


  • Aiding or Encouraging Securities Fraud after Sell v. Gama, Arizona Attorney, February 2014, at 40. 
  • A Historical Introduction to Arizona’s Securities Laws, 7 Ariz. Summit L. Rev. ____ (forthcoming Spring 2014), available at
  • Turning 60:  Bud Jacobson, Earl Hastings, and Arizona’s 1951 Securities Act, Arizona Attorney, December 2011, at 22.
  • The Importance of Statutory Text: from Scienter to Nonstatutory Defenses under Arizona Securities Law, 41 Ariz. St. L.J. 49 (2009).
  • Fighting Investment Fraud: State Securities Law and Administrative Precedent, Arizona Attorney, April 2003, at 24.
  • Judicial Deference to SEC Precedent, 9 PIABA B.J. 61 (Winter 2002).
  • Spreads, Markups, Sales Credits and Trading Costs, 9 PIABA B.J. 43 (Summer 2002) (co-authored with Craig McCann, Ph.D.).
  • Arizona Securities Fraud Liability: Charting a Non-Federal Path, 32 Ariz. St. L. J. 203 (2000).
  • Pleading Securities Fraud, 43 Md. L. Rev. 342 (1984).

Wayne State UniversityJ.D. 1974Oakland UniversityBA 1971

Client Comments

"One can do no better than hire Richard Himelrick to litigate a case involved with securities. His expertise, along with his calm, cool, and the determination to find the truth, are without equal. He and his staff are most responsive to requests in a very timely manner. If anyone would like to call, I would be happy to talk with them. It is a pleasure to give my highest recommendation for Mr. Himelrick and Tiffany & Bosco."

-Peter McQuaid

"Rich Himelrick and staff handled a somewhat delicate securities litigation and did a fantastic job. What made it difficult was the number of family members involved and the complexity of the securities issues and the familial relationships. Mr. Himelrick understood the complexities of the securities issues involved, litigation procedure, etc. Not only did he have a great understanding of the legal issues involved, he also demonstrates a great "bedside manner" with clients. I have recommended others to Mr. Himelrick who have securities issues and they too have been pleased. I heartily endorse Mr. Himelrick and Tiffany & Bosco as an "A Tier" Securities Law Firm. I have had the opportunity to work with several major law firms over the past decade. Tiffany & Bosco has provided superior representation compared to any of the other "international" and "national firms" I have come in contact with. From a financial standpoint, I have found their firm to provide "the most bang for the buck". I heartily recommend Mr. Himelrick and his staff!"

-Jay Vanier

Office Location

Camelback Esplanade II, Seventh Floor
2525 East Camelback Road
Phoenix, AZ 85016-4229
United States

Practice Areas

Litigation - Securities

Other Information

Gender: Male