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Michael D. Donovan

Michael D. Donovan

Donovan Axler, LLC

Philadelphia, PA, USA

MICHAEL D. DONOVAN is a founding member of the Philadelphia firm of Donovan Axler, LLC, and focuses his practice on securities and consumer class actions. From 1984 through 1987, Mr. Donovan was a trial and appellate attorney with the Securities and Exchange Commission in Washington, D.C. Since entering private practice, he has served as co-lead counsel in numerous securities, consumer and employment class actions. In the last six years he has tried to judgment four significant class actions: Samuel-Bassett v. Kia Motors America, Inc. ($5.6 million jury verdict on behalf of Pennsylvania consumers); Braun and Hummel v. Wal-Mart Stores, Inc. ($187 million jury verdict and judgment on behalf of Pennsylvania hourly employees of Wal-Mart); Little v. Kia Motors America, Inc. ($6 million jury verdict on behalf of New Jersey consumers); and In re Sovereign Bancorp Shareholders Litig. (settlement judgment after six days of preliminary injunction hearings).  In 2002, Mr. Donovan obtained a landmark Truth in Lending Act decision from the Court of Appeals for the Third Circuit in Rossman v. Fleet Bank (R.I.), N.A., 280 F.3d 384 (3d Cir. 2002), holding that a bank may not change a credit card promise of no annual fee.  He also obtained landmark decisions from the Appellate Division of the New Jersey Superior Court and the New Jersey Supreme Court in Lemelledo v. Beneficial Finance Co., 674 A.2d 582 (N.J. App. Div. 1996), aff'd, 150 N.J. 255, 696 A.2d 546 (N.J. 1997), concerning loan and insurance packing. He argued and appeared on behalf of the consumer cardholders before the Supreme Court of the United States in Smiley v. Citibank (South Dakota), N.A., 517 U.S. 735 (1996).


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