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.
IN THE NEWS
Joseph Cox for Vice | July 16, 2019 — The lawsuit, which comes after multiple Motherboard investigations into phone location data selling, is seeking an injunction against AT&T which would…
Pierce Bainbridge for PRNewswire | July 12, 2019 — Pierce Bainbridge Beck Price & Hecht LLP has filed a civil RICO and consumer fraud class action lawsuit against Southwest Airlines,…
Sidney Martin for Quebec Daily Examiner | July 8, 2019 — Qui Tam Relator, Mr. Krawitt, has agreed to withdraw his appeal from the order dismissing his Northern District of…
Crisis Litigation/Trial Substitution
Domestic and International Arbitration
General Commercial Litigation
White Collar Criminal Defense
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.
Owens Corning Fiberglass
UniCredit Bank Austria AG
American Spirit Tobacco Company
LL.B., Harvard Law School
B.A., Harvard College
Sullivan & Worcester
Salans (now known as Dentons)
Christy & Viener
Assistant United States Attorney
Southern District New York
Assistant Chief Criminal Division
Southern District New York
State Bar of New York
United States District Court, Southern District of New York
United States District Court, Eastern District of New York
United States Court of Appeals, 1st Circuit
United States Court of Appeals, 2nd Circuit
United States Court of Appeals, 10th Circuit
U.S. Supreme Court
Federal Bar Council American Inn of Court, President
Federal Bar Council, Vice President
Federal Bar Foundation, Trustee
Best Lawyers in America (2001-2019)
The Legal 500 U.S. (2015-2018)
New York Super Lawyers (2006-2018)