Aaron Israels’ primary practice involves representing investors in proceedings to recover their investment losses from stockbrokers, investment advisors, financial planners, and broker-dealers. He represents investors in FINRA (Financial Industry Regulatory Authority) Arbitration proceedings in every state, for claims arising from violations of securities laws, excessive trading, unsuitable investments, fraud in the sale of securities and improper use of margin and inverse and leveraged exchange traded funds (ETFs).
Aaron has also represented investors who have inadvertently invested in “PONZI Schemes,” only to find themselves in further litigation to disgorge their investment gains. These types of cases are commonly referred to as “Claw Back” cases and are often initiated by “Trustees” appointed through government action or by state and federal courts. Along these lines, he is part of a limited group of attorneys that have represented parties in bankruptcy adversary proceedings that have found themselves in litigation with bankruptcy trustees suing them to recover “fraudulent transfers” for the benefit of bankruptcy estates. Aaron served as lead trial counsel for consumer advocate, Tom Martino, in his highly publicized bankruptcy proceeding.
In addition to securities litigation, Aaron represents individuals and businesses in a variety of transactional matters such as business formations, estate planning, and registration of copyrights and trademarks. He represents individuals and businesses in a variety of licensing matters, including those related to sales of alcohol, firearms, automobiles, real estate, and securities. Aaron can assist in the sale of a business interest, the licensing of copyrights and trademarks, and due diligence related to private financing. He has extensive experience in regulatory compliance, which includes representing individuals and businesses before state and local tribunals, the Internal Revenue Service, and in state and federal investigations.
Aaron is licensed to practice law in Colorado, Arizona, Michigan, and Illinois, and is admitted to practice before the United States Tax Court and various federal districts around the country. He is also admitted to the Federal Trial Bar in the Northern Federal District of Illinois, a bar limited to attorneys with significant federal trial experience.
Aaron graduated from Eastern Michigan University in 2004 with a bachelor’s degree in philosophy and a minor in business. During his undergraduate studies, at the age of 20, he started his first law job as an intern at a personal injury law firm in Ypsilanti, Michigan. He has continued to work in the legal field ever since. Aaron graduated law from the University of Detroit Mercy Law School in 2007, where he received several academic accolades. In 2016, he was named a “Rising Star” in the area of securities litigation by Super Lawyers magazine. Aaron is an active member of PIABA (the Public Investors Arbitration Bar Association), an organization for lawyers committed to protecting the rights of investors and investor education, where he is currently the co-chair of the PIABA SRO committee. He was recently admitted to the Thompson G. Marsh American Inn of Court in Denver, Colorado.
When Aaron is not working, he enjoys playing golf, mountain biking, working on his house, traveling and walking his dog. He is a member of the Ranch Country Club in Westminster, where he regularly meets clients who would rather not travel downtown.
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