Richard A. Nervig is a senior commercial and securities litigation attorney licensed in California, Colorado, and Arizona (inactive). For more than three decades, he has represented investors, financial professionals, and businesses in complex disputes involving fraud, Ponzi-like investment schemes, unregistered securities offerings, SEC and state regulatory defense, business dissolutions, and bankruptcy adversary proceedings. In addition to operating his own litigation practice, he has served as Of Counsel to the AV rated class law firm of Johnson & Fistel, LLP and as Managing Counsel of a mass arbitration practice group for McCune, Wright & Arevalo, LLP. Richard also serves as an adjunct professor of Business Law at California State University San Marcos.
Throughout his career, Richard has successfully prosecuted securities fraud, breach of fiduciary duty and negligence claims in FINRA and AAA arbitration and in state and federal court including appointment as class counsel. Richard has recovered in excess of $20M on behalf of defrauded investors. Richard also routinely defends investment advisors and registered representatives in SEC and state regulatory enforcement actions helping clients avoid substantial penalties including statutory disqualification. Richard also has prevailed in substantial bankruptcy adversary proceedings relating to the nondischargeability of securities violations including appeals before the U.S. Court of Appeals for the Tenth Circuit.
Richard’s legal practice is grounded in a deep understanding of both the financial markets and the law. With experience spanning securities regulation, commercial transactions, and corporate governance, he provides clients with both litigation firepower and strategic counsel. His balanced background—as a litigator, former stockbroker, corporate counsel, and educator—allows him to navigate cases with precision and foresight.
A primer on the prosecution of securities fraud claims in FINRA arbitration. Presented to the Southwest Riverside County Bar Association (SWRCBA) on January 21, 2016. Approved 1 hr. CA MCLE.