Robert M. Roseman is a founding partner of Spector, Roseman Kodroff & Willis, P.C., focusing his practice primarily on protecting U.S. and European institutional investors from corporate wrongdoing and in promoting good corporate governance. An important component of his practice involves protecting European investors in European proceedings. Perhaps the most notable example has been his role in the Converium/SCOR action, where his firm prosecuted the first US securities class action settled on two continents (for a collective $145 million). The European portion of this settlement is being adjudicated before the Court of Appeal in Amsterdam using the Dutch Act on the Collective Settlements of Mass Damage Claims. Importantly, Mr. Roseman's international expertise helped secure a key decision from the Dutch Court of Appeal in this case that will likely make it easier in the future for European investors to claim monies recovered from actions brought in the Netherlands. Mr. Roseman represented European institutions in the landmark Parmalat action, where a $96.5 million settlement was secured. There, Mr. Roseman devised a unique legal theory against the bankrupt Parmalat which used Italian bankruptcy law to secure funds not normally available to investors. He also extracted corporate governance endorsements from defendants other than the issuer - a first in a U.S.-based investor action. Other examples of Mr. Roseman's work on behalf of European institutions are the Royal Dutch/Shell action and the Chicago Bridge and Iron action. He currently represents a U.K. institution that is helping to lead the U.S. investor action involving Lehman Brothers.
Mr. Roseman has written extensively on securities and investor protection issues, including Global Markets, Global Fraud: What We Can Learn from Europe's Enron, Investment and Pensions Europe; Cost-Effective Monitoring of Corporate Fraud: Reducing the Time Necessary to Stay Informed, Investment and Pensions Europe; and A Trans-Atlantic Trend, Professional Investor.
Mr. Roseman has been a frequent speaker at numerous U.S. and international conferences on the issues of investor protection through litigation and engagement and the importance of using corporate governance measures as part of settlements to ensure that Board of Directors act in the best interest of the Company and its shareholders. In addition to speaking at numerous conferences in the U.S., Mr. Roseman appeared as an invited speaker at institutional investor conferences held in London, Paris, Munich, Milan, Barcelona, Brussels, Paris, Frankfurt and Dublin and the Annual Conference of the International Corporate Governance Network in Amsterdam in 2004 and Paris in 2011.
Mr. Roseman is a graduate of Temple University School of Law. He is admitted to practice in the Commonwealth of Pennsylvania and the State of New York.