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Adam Savett

Adam Savett

Representing investors and consumers in complex litigation matters.
  • Securities Law, Consumer Law, Business Law ...
  • District of Columbia, New Jersey, Pennsylvania, Virginia
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Biography

Adam Savett is a complex litigator who represents small businesses, institutional investors, and government entities, in securities, antitrust, consumer protection, and other complex litigation. Recently, Adam was named one of the 100 Lawyers You Need to Know in Securities Litigation by Lawdragon Magazine. He has published a number of articles and original research pieces on class action and securities litigation topics and is also a member of the National Association of Public Pension Attorneys (NAPPA), the Professional Liability Underwriting Society (PLUS), SIFMA's Corporate Actions Division, the American Bar Association (ABA), and the Hedge Fund Business Operations Association (HFBOA). Adam is a nationally recognized expert on complex litigation. He is a frequent speaker, author, and commentator on securities litigation and class actions. His comments have appeared in a wide variety of publications, such as The New York Times, Wall Street Journal, CFO Magazine, and Pensions & Investments.

Practice Areas
Securities Law
Consumer Law
Class Action, Lemon Law
Business Law
Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
Antitrust Law
Additional Practice Area
  • Telemarketing Abuse
Fees
  • Free Consultation
  • Contingent Fees
Jurisdictions Admitted to Practice
District of Columbia
District of Columbia Bar
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New Jersey
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Pennsylvania
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Virginia
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Languages
  • English: Spoken, Written
Professional Experience
Of Counsel
Wolf Popper LLP
- Current
Managing Partner
Savett Law Offices, LLC
- Current
CEO & Founder
TXT Capital, LLC
- Current
Director of Securities Class Actions
Claims Compensation Bureau, LLC
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Director, Securities Class Action Services
MSCI / RiskMetrics Group / Institutional Shareholder Services (ISS)
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Senior Associate
Mehri & Skalet, PLLC
-
Associate
Cohen Milstein Sellers & Toll PLLC
-
Associate
Finkelstein Thompson LLP
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Associate
Savett Frutkin Podell & Ryan
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Education
Villanova University School of Law
J.D.
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Villanova University School of Law Logo
American University
B.A. | Broadcast Journalism
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Awards
Top Contributor - Class Actions
Avvo
Top Contributor - Class Actions
Avvo
Top 5% most viewed profile
LinkedIn
Top Contributor - Class Actions
Avvo
National Finalist - Leading Lawyers in America
Lawdragon Magazine
Top 100 Legal Blogs
LawSchool.org
Top 2500 Blogs
ABA Journal
100 Lawyers You Need to Know in Securities Litigation
Lawdragon Magazine
Professional Associations
Georgia Association of Public Plan Trustees (GAPPT)
Member
- Current
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Florida Public Pension Trustees Association (FPPTA)
Member
- Current
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Texas Association of Public Employee Retirement Systems (TexPERS)
Member
- Current
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National Conference on Public Employee Retirement Systems (NCPERS)
Member
- Current
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Hedge Fund Business Operations Association
Member
- Current
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SIFMA's Corporate Actions Division
Member
- Current
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National Association of Public Pension Attorneys (NAPPA)
Member
- Current
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Professional Liability Underwriting Society (PLUS)
Member
- Current
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Publications
Articles & Publications
Securities Class Action Trials in the Post-PSLRA Era
Wolf Popper LLP
Best Practices for Monitoring Your Securities Portfolio
Pennsylvania Association of Public Employee Retirement Systems (PAPERS)
Board Diversity: The Time for Change is Now, Will Shareholders Step Up?
Texas Association of Public Employee Retirement Systems (TexPERS) Investment Insights
Checklist for Maximizing Securities Class Action Recoveries: Risk Management Questions to Minimize Liabilities and Optimize Your Institution’s Securities Litigation Policies and Procedures
Florida Public Pension Trustees Association (FPPTA)
How to Resolve the Historical Data Conundrum and Recover More in Securities Litigation
Michigan Association of Public Employee Retirement Systems (MAPERS), 2021
Update on the Options-Backdating Class Actions
TXT Capital
A Billion Here, A Billion There: Solving the Historical Data Problem and Recouping More in Securities Litigation
RiskMetrics Group
SCAS 50 for 2008
RiskMetrics Group
The Subprime Meltdown Heads to Court
RiskMetrics Group
The Importance of Best Practices & Procedures in Securities Class Action Settlements
HFMWeek
SCAS 50 for 2007
RiskMetrics Group
Globalization in Securities Class Actions
RiskMetrics Group
Securities Class Action Services SCAS 50 Power Rankings
RiskMetrics Group
Accountability Goes Global: International Investors and US Securities Class Actions
Institutional Shareholder Services
Current Trends In Motion Practice In Federal Securities Class Actions
23rd Annual Institute On Federal Securities
Some Recent Developments In Securities Litigation
22nd Annual Institute On Federal Securities
Speaking Engagements
Recovering Damages from Frauds in Non-Conventional Investments, TEXPERS 2023 Annual Conference, Austin, TX
Texas Association of Public Employee Retirement Systems (TexPERS)
The Case for and Against Shareholders Litigation ESG Issues, Winter Trustee School, Orlando, FL
Florida Public Pension Trustees Association (FPPTA)
Best Practices for Securities Litigation & Portfolio Monitoring for Public Pensions, Investment Education Symposium 2022, New Orleans, LA
OPAL / Louisiana Trustee Education Council (LATEC)
Portfolio Risk Management: What Are You Ignoring?, Investment Education Symposium 2022, New Orleans, LA
OPAL / Louisiana Trustee Education Council (LATEC)
The Implications of ESG for Asset Allocation, NCTR 99th Annual Conference, Virtual
National Council on Teacher Retirement (NCTR)
Securities Class Action Basics for Pension Trustees, FPPTA Annual Trustee School, Ponte Vedra, FL
Florida Public Pension Trustees Association (FPPTA)
Securities Litigation Issues, Trends, and Best Practices, NCPERS Fall Conference, Scottsdale, AZ
National Conference on Public Employee Retirement Systems (NCPERS)
Trends in Litigating TCPA Cases, The TCPA: The Year Behind and Year Ahead, Virtual
Faegre Drinker Biddle & Reath LLP
Securities Litigation Post-Halliburton, 11th Annual National Directors & Officers Insurance ExecuSummit
ExecuSummit
D&O: Regulatory, Enforcement & Securities Litigation Update, 10th Annual National Directors & Officers Insurance ExecuSummit
ExecuSummit
Securities Class Actions: Nuisance or Opportunity?, FRT Webinars
FRT
The Evolving Securities Class Action Industry, FRT Webinars
FRT
Websites & Blogs
Website
Website
Legal Answers
68 Questions Answered
Q. Is it illegal to record a FaceTime call without consent in Michigan?
A: Under Michigan’s eavesdropping statute, a person can record their own conversations without obtaining the consent of all other participants.

This is sometimes called the “participant exception” to the eavesdropping statute.

Said a different way, a person in Michigan can record their own conversations with the consent of only one person: themselves.

Note that Michigan's eavesdropping law seems to suggest otherwise:

“Any person who is present or who is not present during a private conversation and who willfully uses any device to eavesdrop upon the conversation without the consent of all parties thereto, or who knowingly aids, employs or procures another person to do the same in violation of this section, is guilty of a felony… .” [MCL § 750.539c].

Michigan’s "participant exception" arises from an unassuming phrase – “the private discourse of others” – appearing in the statutory definition of the word eavesdropping, located in a separate section of the statute. MCL 750.539a(2). The Michigan Court of Appeals determined this reference to the conversations of others meant the eavesdropping statute could not apply to one’s own conversations. Sullivan v. Gray, 117 Mich. App. 476, 481, 324 N.W.2d 58, 60 (1982).

I hope that helps, and best of luck.
... Read More
Q. Am I responsible for my adult homeless relative's medical debt in Ohio?
A: The answer, unfortunately, is "it depends."

You described the other person as an adult "relative," but you didn't indicate what your relationship is to that person. Are you their parent, child, grandparent, third cousin? The degree of relationship may matter, depending on context.

You describe them as an "adult," but more information is needed - such as age or whether they have been put into a guardianship or conservatorship situation.

You also don't indicate if you perhaps signed healthcare documents as a guarantor for this relative. That would change the analysis.

The more information you can provide (without revealing personally identifying information) the more helpful the answers will be that you get in response.

Best of luck, and I'm sorry that you and your relatives are going through a tough time.
... Read More
Q. Please help. My son passed away 6 months ago. How do I access his treasury direct account. I need to know how to access
A: To addd to the prior answer, further information can be found on the TreasuryDirect website - https://www.treasurydirect.gov/savings-bonds/manage-bonds/death-of-owner/

Good luck, and sorry for your loss.
View More Answers
Contact & Map
Wolf Popper LLP
New York
845 Third Avenue
New York, NY 10022
US
Telephone: (212) 759-4600
Cell: (216) 406-0278
Monday: 8 AM - 6 PM
Tuesday: 8 AM - 6 PM
Wednesday: 8 AM - 6 PM (Today)
Thursday: 8 AM - 6 PM
Friday: 8 AM - 6 PM
Saturday: Closed
Sunday: Closed
Wolf Popper LLP
Washington DC Office
1701 Pennsylvania Avenue NW Suite 200
Washington, DC 20006
US
Telephone: (202) 550-5586