Franklin Velie

O: (646) 537-1339
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"Luck is the residue of design."


Franklin Velie

Frank Velie is a partner at Pierce Bainbridge Beck Price & Hecht LLP's New York office. Frank, who served as Assistant Chief of the Criminal Division of the United States Attorney’s Office for the Southern District of New York, has over 30 years of trial experience. His practice encompasses a broad range of commercial matters, including securities, products liability, white-collar criminal defense, domestic and international arbitration, employment law, accountants’ and auditors’ liability, insurance and bankruptcy. He has tried over 50 jury and non-jury trials and arbitrations in jurisdictions throughout the United States and served as both an arbitrator and a mediator.


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On behalf of UniCredit Bank Austria AG, obtained dismissal of two securities class actions, $60 billion RICO claim, and $2 Billion of fraud based claims asserted against it in connection with the Madoff fraud.

Obtained complete defense verdict on behalf of Thompson SA in connection with claim that it failed to honor $100 million put option granted to founder of a company that developed digital video recording technology.

Obtained complete defense verdict in $40 million claim asserted by multi-national chemical corporation to rescind acquisition of medical device company.

Obtained settlement with Securities and Exchange Commission on behalf of corporation engaged in binary option business. The settlement allowed company to avoid a charge of fraud, pay a de minimis fine and remain eligible to list on NASDAQ.

Obtained verdict that controlling shareholder fraudulently represented value of Israel’s largest privately-held agrochemical company.


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