Mr. Spaid practices out of the firm’s San Diego office, where he prosecutes securities fraud, corporate governance, and shareholder rights litigation on behalf of the firm’s institutional investor clients.
He is currently a member of the team representing prominent institutional investors, including BlackRock and PIMCO, against six financial crisis-era RMBS trustee banks in ten cases pending in the U.S. District Court for the Southern District of New York, New York Supreme Court, and California Superior Court. The suits allege that the RMBS trustee banks breached contractual, statutory and common law duties owed to the trusts and certificate holders.
Mr. Spaid is also involved in litigation against Qualcomm, Inc., and Cobalt International Energy, Inc., and in the Firm’s direct action opt-out practice, including in direct actions brought against American Realty Capital Properties.
Prior to joining the firm, Mr. Spaid represented national and international insurance companies and businesses in a broad range of litigation. While in law school, Mr. Spaid was a Judicial Extern for the Honorable Ruben Brooks in the Southern District of California and the Honorable Steven R. Denton in the San Diego Superior Court.
Super Lawyers has named Mr. Spaid a “Rising Star” for the years 2017 and 2018.