David M. Minnick

David M. Minnick is a Bates Consulting and Testifying Expert based in St. Louis, Missouri. David uses his diverse experience as a Trial Lawyer, Prosecutor, Defense Counsel, Claimant’s Counsel, General Practitioner, General Counsel (of two NYSE Member Firms), Expert Witness, Arbitrator, Mediator, FINRA Senior Enforcement Counsel and as Missouri’s Securities Commissioner to serve financial services clients and their Counsel. He uses his expertise in Retail and Institutional Securities Litigation and Consulting, Regulatory and Internal Investigations, Compliance and Regulatory Reporting in other matters as well.

David has a deep background in fixed income and equity institutional sales, research, and underwriting in the United States and internationally. He has helped train new and experienced brokers, managers, and other supervisors in retail securities businesses, and led the defense of the firm and its people in Court and Arbitration, as well as in Regulatory Inquiries and Investigations. As General Counsel, he led legal and due diligence efforts for mergers and acquisitions as well as Public Company reporting. David has also been responsible for high-stakes litigation and regulatory matters and was an active advisor for employment-related matters, ranging from claims of discrimination, sexual harassment, wage and hour compliance, recruitment, retention and claims of raiding and unfair competition, as well as employment termination and related reporting (RE-3, U-4, U-5). He has tried dozens of arbitrations and jury trials and has advised on several appellate decisions.

Throughout his career, David has advised on Investment Banking, Public Finance and Bank and Trust operations. He has also advised CEOs, CFOs, Boards of Directors, and Senior Officers on legal matters and helped shape policies and procedures to allow businesses to grow while remaining in compliance with the law. He has served as a Securities Regulator as an advocate in investigations and in FINRA administrative hearings, mediated Securities Regulatory disputes, and led the Missouri Securities Division as Commissioner, which included many Administrative Proceedings as the Hearing Officer and in matters pursued in the Missouri State Court System. As Commissioner, David was active in NASAA and served on both the Enforcement Section Committee and Senior Issues and Diminished Capacity Committees. He led several efforts to improve the Missouri Securities Division, particularly the Missouri Senior Savings Protection Act, which was the first to provide extended protections in cases of suspected financial abuse of senior citizens.

David has also served as an arbitrator with AAA, NASD/FINRA, NFA, and the NYSE. He has served as an expert witness in several disputes, including breach of fiduciary duty, churning, suitability, defamation, false U-5 filing, and unfair competition/raiding. He has had a successful career of assisting parties in assessing the issues and developing strategies for success in the dispute resolution process and is well-prepared to assist Bates clients in solving diverse problems.