Bob Stern's practice has long focused on the defense of financial services litigation, primarily in the banking, securities, and accounting sectors.
In the area of banking litigation, Mr. Stern regularly represents banks in such matters, for example, in an antitrust action challenging the setting of interchange fees by the country’s largest ATM network, consumer class actions challenging various credit card practices and fees, and major contract disputes involving credit card processing. He also has represented numerous companies and their directors and officers in the defense of shareholders' class actions and SEC investigations involving accounting and financial disclosure issues. His clients further include national accounting firms on audit and tax malpractice issues, and in connection with regulatory and other concerns.
Mr. Stern recently concluded a three-year term as a Central District of California lawyer representative to the Ninth Circuit Judicial Conference. He is a recommended antitrust attorney by Legal 500 US. He also has been repeatedly recognized by Super Lawyers as a leading lawyer in the areas of business litigation, securities litigation, and professional liability defense. He has lectured and written on a variety of auditing and related litigation topics, and has twice been a panelist for the annual Accountants' Liability Program sponsored by the Practicing Law Institute.
Equally dedicated to community service organizations, Mr. Stern has held leadership roles in such organizations as the Jewish Federation Council's Community Relations Committee and the Constitutional Rights Foundation, where he concluded a term as Chair of the Board of Directors in December 2015. Mr. Stern also has played active roles in a number of civil rights actions, currently on behalf of a class of disabled students seeking equal educational opportunities in a local school district.
Mr. Stern has passed the CPA exam and, before becoming a lawyer, worked for both public and private accounting firms in the areas of auditing and tax services. He clerked for the Honorable John Minor Wisdom of the Fifth Circuit Court of Appeals, and then held a management position in the Carter-Mondale Presidential Campaign in 1976.
In 1972, he graduated with high honors from the University of Illinois with a B.S. in accountancy, was elected to membership in Beta Gamma Sigma (the business college analogue to Phi Beta Kappa), and was named Outstanding Senior in the College of Commerce. In 1975, he graduated from the University of Chicago Law School, where he served on the Managing Board of The Law Review.
Robert Stern is recommended as a leading lawyer by Legal 500 US 2010 and Super Lawyers 2010.
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