David W. Schmidt

David Schmidt began his career as a prosecutor in the Brooklyn District Attorney’s office and there honed his skills as a trial lawyer. In three decades his securities arbitration and regulatory practice has built a reputation of diligence, effective and efficient preparation, and exceptional advocacy on behalf of his clients. Mr. Schmidt’s client base is on a national scale and his work has spanned multiple jurisdictions across the country. His experience traverses a wide array of topics pertaining to securities and broker dealer fraud. Mr. Schmidt has represented registered representatives before numerous regulatory groups including the New Jersey Bureau of Securities, FINRA, the NYSE, and the SEC.

In addition to his work on behalf of individual brokers and investment advisors, Mr. Schmidt has served as counsel for broker dealers and senior personnel at a number of brokerage firms throughout the country. Through his work on behalf of brokerage firms he has interfaced with the SEC and self-regulatory organizations on countless regulatory matters. Mr. Schmidt is the senior and managing partner of the Lubiner, Schmidt & Palumbo securities and broker dealer practice and oversees all litigation handled by the securities team. He has personally appeared and tried to conclusion hundreds of securities claims and has appeared in thousands of securities matters as counsel for major brokerage firms.

Mr. Schmidt has frequently appeared and lectured to SIFMA and other industry organizations and trade groups on new legal and regulatory developments in the securities field. Mr. Schmidt has also been retained and has appeared and testified as an expert in Securities Litigation and Regulatory matters.

Finally, Mr. Schmidt has handled numerous cases on myriad of topics pertaining to securities fraud and broker misconduct on behalf of individual customers.