Holly Stein Sollod

Securities Class Action Defense. Represented large financial services and communications company and its top executives in nationwide class action suits; achieved dismissal of all claims on motion to dismiss. Represented Colorado Springs based cybersecurity company and its top executives in securities class actions; achieved dismissal of all claims on motion to dismiss. Represented Colorado based IT consulting company and its top executives in securities class action.Represented provider of electrotherapy medical devices used for pain management and rehabilitation and its executives in securities class action. Represented internet solutions and telecommunications provider and its top executives in securities class actions. Represented former CFO of Idaho educational publishing company in shareholder class action and related SEC litigation. Corporate Governance and Shareholder Derivative Suits. Achieved dismissal of shareholder derivative suit against large financial services and communications company and its top executives on motions to dismiss for failure to make a pre-suit demand. Achieved dismissal of shareholder derivative suit against IT consulting company on motions to dismiss for failure to make a pre-suit demand. Acted as counsel to Special Litigation Committee in Nevada shareholder derivative case seeking $800 million in damages against DISH Network and its officers and directors. Acted as counsel to Special Litigation Committee in shareholder derivative suit involving manufacturer of casino chips in Nevada. Acted as counsel to Special Litigation Committee in shareholder derivative suit involving multi-level marketing company in Utah. Represented target corporations and directors in M&A litigation in Colorado, Nevada, and Utah. Securities Litigation and Arbitration. Defended publicly traded company in $10 million earn-out dispute brought by former CEO of acquired company. Defended major brokerage firm in FINRA arbitration involving $60 million intraday margin call.Defended hedge fund administrator in suits by investors in alleged Ponzi scheme in state and federal court. Over 30 years of representing financial services firms in customer and industry securities arbitrations. SEC Investigations and Defense. Representation of CFO of sports nutrition company in SEC investigation and enforcement action involving under reporting of executive compensation. Representation of former CFO of environmental emissions controls company in SEC investigation involving accounting irregularities. Representation of CFO of Idaho company in SEC settled enforcement action. Representation of individual investor in Chinese reverse merger in settled SEC enforcement action. Representation of companies and individuals in state investigations into Ponzi schemes, the sale of annuities, insider trading, supervision, fraud, reverse mergers, accounting fraud issues and market timing. Complex Commercial Litigation. Won summary judgment on breach of fiduciary duty claims brought by purported class members against major financial services company in action relating to bank's sweeps program. Representation of Nevada "pay day" loan companies in purported class actions alleging violations of The Telephone Consumer Protection Act ("TCPA"). Representation of Oklahoma bank in nationwide class action alleging violation of Truth in Lending Act (TILA) and consumer protection laws. Representation of uranium producer in $60 million suit alleging RICO and breach of contract claims brought by large corporate purchaser of uranium.