Recently obtained summary judgment dismissing $100 million securities fraud claim against investment advisory firm and one of its members. The claim arose out of the collapse of an investment managed by Alphonse "Buddy" Fletcher. Firefighters Ret. Sys. V. Citco Grp., Ltd., 2018 U.S. Dist. LEXIS 211087.
Representing directors and officers of the Make It Right Foundation in litigation brought by Lower Ninth Ward homeowners against the foundation, Brad Pitt and others.
Assisted a private equity firm in connection with obtaining a favorable settlement in a class-action lawsuit brought against a PPO insurer the firm owned. Also assisted with insurance coverage issues.
Represented software company in a lawsuit against the State of Louisiana for the State's bad faith termination of a $197 million contract for computer programming services. Obtained a favorable settlement of the State contract termination and subsequent arbitration of termination costs. Also assisted the client in connection with several government investigations arising from the dispute. Client Network Servs. v. State, 2013-2118R (La. App. 1 Cir. 4/29/15), 2015 La. App. LEXIS 851.
Represented several major securities firms in securities litigation in both state and federal courts in New Orleans.
Represented a family-owned investment company in a securities claim in a FINRA arbitration in Memphis over the loss of millions of dollars invested in a bond fund. Obtained a favorable settlement after arbitration began.
Represented Consulting Services Group and some of the company's principals in securities litigation filed in Louisiana state court in Baton Rouge and ultimately obtained a favorable settlement. The lawsuit arose from the failure of Morgan Keegan bond funds. The case not only involved allegations of securities law violations, breach of fiduciary duty and fraud but also complex issues concerning indemnity and contribution.
Represented an international liquid bulk storage company in a product liability dispute in the United States District Court for the Southern District of Ohio (Cincinnati). The claims involved allegations that a transfer hose failed, causing damages to the facility as well as causing the company to incur significant environmental clean-up costs.
Represented an international bulk liquids trading company in an international arbitration in New York in which a judgment was obtained for all damages suffered by the client as well as attorneys' fees and costs.
Represented a real estate developer in a criminal case in the United States District Court for the Southern District of Mississippi (Gulfport) where the government brought charges for Clean Water Act violations, mail fraud and conspiracy.
Represented a major manufacturer of telecommunications equipment in a breach of contract/fraud action where plaintiff alleged the destruction of its business and $2 billion in damages plus punitive damages. Case filed in the federal court for the United States District Court for the Eastern District of Louisiana.
Represented clients in FINRA arbitrations of securities law, breach of contract and unfair trade practices claims. Represented brokers in FINRA and Louisiana state regulatory investigations and proceedings.
Prosecuted and defended claims for breach of employment contracts, including claims to enforce non-competition, anti-raiding and confidentiality agreements.
Professional & Civic Activities
Professional and Civic Activities
Mr. Masinter served as a law clerk to the Honorable James L. Dennis of the Louisiana Supreme Court, 1987-88. He is a member of the American Bar Association Sections of Litigation and Business Law. He is currently Co-Chair of the Meetings and Programs Subcommittee of the Business and Corporate Litigation Committee of the ABA Business Law Section. He is also the former Chair of the Business Torts Subcommittee and Newsletter Committee. Mr. Masinter has spoken at ABA meetings on litigation and arbitration topics and acted as an instructor for the National Institute for Trial Advocacy. He also is a member of the Louisiana State Bar Association and New Orleans Bar Association.
Mr. Masinter recently became the President of the Board of Directors of the St. Charles Avenue Association. He is also a member of the Board of Commissioners of the New Orleans City Park Improvement Association (where he served as the President from 2007 until 2009), the Board of Directors of the New Orleans Botanical Garden Foundation, and the Board of Commissioners of the Hurstville Security and Neighborhood Improvement District. Mr. Masinter is a member of the Dean's Advisory Council for the Humanities and Social Services College, Louisiana State University, and recently joined the LSU Foundation National Board. Mr. Masinter is the former Chair of the Board of Directors of Lighthouse Louisiana. Mr. Masinter also formerly served on the Board of Trustees of Trinity Episcopal School, where he was Vice-Chairman and Chairman of the Development Committee, and the Board of Trustees of the New Orleans Museum of Art. He is a past president and board member of Save Our Cemeteries, Inc.
Honors & Awards
Honors & Awards
- Best Lawyers in America 2021 Edition for Commercial Litigation and Securities Litigation
- Chambers and Partners 2020 Edition for Litigation: General Commercial, Louisiana
- Louisiana Super Lawyers 2020
- New Orleans CityBusiness 2020 Leadership in Law Honoree
- Three Stone Pigman Lawyers Named "Lawyer of the Year" by Best Lawyers; 33 Named to Best Lawyers List08.15.2019
- Thirty-Three Lawyers Named 2016 Louisiana Super Lawyers and Rising Stars; Wayne Lee Featured on the Cover12.24.2015
- Thirty-One Lawyers Named 2015 Louisiana Super Lawyers and Rising Stars; Phil Wittmann Ranked Number One for Second Year in a Row12.24.2014
- Twenty-Seven Lawyers Named 2014 Louisiana Super Lawyers and Rising Stars; Phil Wittmann Ranked Number One12.30.2013
News & Events
- Paul Masinter to Moderate "Keeping Cool When Betting the Company" Panel at the 2013 ABA Annual Meeting08.10.2013
- Paul Masinter Appointed to Leadership Positions for the Business and Corporate Litigation Committee of the American Bar Association Section of Business Law07.22.2014
- On Fifth Anniversary of Hurricane Katrina, Stone Pigman Takes Stock of Its Work Contributing to New Orleans Recovery/Rebuilding08.09.2010
In the News
- Paul Masinter and Bryant York Author Article on Social Media and Its Impact on the Practice of Litigation03.17.2016
Moderator, "Game of Twitter - Litigation in the Age of Social Media," American Bar Association Business Law Section, Annual Meeting, September 2015.
Moderator, "Avoiding Discovery and Trial Practice Disasters: Tales from the Bench and Trenches," American Bar Association Webinar, March 2015.
Moderator, "Avoiding Discovery and Trial Practice Disasters − Tales from the Bench and Trenches," American Bar Association Business Law Section Annual Meeting, September, 2014.
Panelist, "Finishing Touches: Necessary & Appropriate Accommodations to Improve Our Profession," Louisiana State Bar Association Disabilities Summit, October 2013.
Moderator, "Keeping Cool when Betting the Company: General Counsel in Corporate Crisis," American Bar Association Annual Meeting, August 2013.
Moderator, "Daubert - More Important Than You Think in Business Litigation," American Bar Association Annual Meeting, August 2006.
Co-Author, "Game of Twitter - Social Media and its Impact on the Practice of Litigation," Business Law Today published by the American Bar Association, March 2016.
Co-Author, "Securities Arbitration Law," chapter in Recent Developments in Business and Corporate Litigation, 2015 Ed, published by the American Bar Association, May 2015.
- United States Supreme Court
- United States Fifth Circuit Court of Appeals
- Louisiana Federal and State Courts
Paul M. Hebert Law Center at Louisiana State University, J.D., 1987
- Associate Editor, Louisiana Law Review, 1986-87
Louisiana State University, B.A. in Political Science, 1984