William Despo is a seasoned litigator with 40 years of experience successfully representing clients at the trial level, appellate court, governmental administrative proceedings, and arbitration. Bill has appeared in state and federal courts throughout the country. He commenced his career as an enforcement lawyer at the American Stock Exchange investigating and bringing enforcement actions against AMEX members, brokers and others for violations federal securities laws and exchange rules. Since then, he has represented businesses and individuals in numerous types of cases. He as represented one of the largest consumer products marketing companies in the country in a bet-the-company case that spanned 6 years defending actions throughout the country. Bill employs the same desire, creativeness and approaches to all his clients. He has represented the full spectrum of industries including real estate, financial institutions, technology, construction, investment advisers, broker dealers, pharmaceutical and film. The issues were all diverse such as employee raiding cases, foreign corrupt practices, fiduciary claims, breach of contract, enforcement of employee non-compete, securities claims, estate litigation, broker dealer customer claims, shareholder disputes and many other issues.
Bill is admitted in all courts of New Jersey since 1976. He is also admitted to the U.S. Tax Court, the U.S. District Court for the Southern District of New York, U. S. Court of Appeals for the Third, Ninth, Eleventh, Federal Circuit, and District of Columbia. He has been appointed an arbitrator for FINRA and the National Futures Association. Bill has represented numerous parties in arbitrations before FINRA, JAMS, and AAA.
Bill remains very active with the New Jersey State Association (“NJSBA”) and the Monmouth Bar Association. He is the NJBSA Chair of the Securities Committee and a member of Business Law Section and Class Action Committee. He has moderated and been a panelist on numerous Continuing Legal Education programs including shareholder disputes, mortgage crisis, financial fraud, class actions, and legal ethics. He is a member the MBA Professionalism Committee, and a panelist for the annual MBA Professionalism Day. Bill has organized and moderated CLE programs for NJSBA’s Annual Meetings in which representatives from the U.S. Attorney’s Office, SEC Enforcement Division, N.J. Bureau of Securities and FINRA participated as panelist. Bill is also a member of the Professional Liability Underwrites Society and had presented a program on potential conflicts of interest between the insured and insurer. He is a member of the American Bar Association.