Jason Burge primarily practices in the areas of Securities Arbitration and Litigation, Lender Liability, and Commercial Litigation.
In the field of securities, Jason regularly represents investors (both individuals and institutions) and issuers in claims against their brokers, investment advisors, and/or investment banks in court or in arbitration proceedings administered by the Financial Industry Regulatory Authority (“FINRA”) or the American Arbitration Association (“AAA”). He recently obtained a $22 million settlement on behalf of a group of individual and institutional investors against a third-party bank for aiding and abetting liability in Broyles et al. v. Commonwealth Advisors et al., Civ. Action No. 3:10-857-JJB-CBW (M.D.LA.). He was also named co-lead counsel on behalf of a putative nationwide class of investors against an investment bank for inflating the price of a stock in advance of an initial public offering in Prodanova v. H.C. Wainwright, Case No. 2:17-cv-7926-JAK-AS (C.D. Cal.).
He represented multiple institutions in claims against their bond underwriters and investment banks in connection with the issuance of auction rate securities in both federal court and FINRA arbitrations (UBS Sec. LLC v. Allina Health Sys., 2013 WL 500373 (D. Minn. Feb. 11, 2013); UBS Fin. Servs., Inc. v. Carilion Clinic, 706 F.3d 319 (4th Cir. 2013); J.P. Morgan Sec. Inc. v. Louisiana Citizens Prop. Ins. Corp., 712 F. Supp. 2d 70, 72 (S.D.N.Y. 2010)). He recently represented the New Jersey Sports and Exposition Authority in arbitration against their underwriter and broker-dealer, Goldman, Sachs & Co, for claims arising from the issuance of auction rate securities. That matter settled after a two-week FINRA arbitration in Newark, New Jersey. He is currently representing the Nassau County Financing Authority in a FINRA arbitration against Goldman, Sachs & Co. of claims arising from the issuance of auction rate securities.
In the field of lender liability, Jason regularly represents borrowers in disputes with their lenders or swap counterparties alleging breach of contract, breach of fiduciary duty, misrepresentation and/or fraud. Jason was named interim lead counsel for a putative nationwide class of private student loan borrowers against Navient Solutions, LLC and Navient Credit Finance Corporation alleging violations of discharge orders.
Updated Sep 2021