Publications

Ross Carmel CMD LLP attorney

Ross D. Carmel

Attorney

Biography

Ross is an experienced securities and commercial litigator and founding partner of Carmel, Milazzo & DiChiara.  Ross has significant experience representing public and private companies, start-ups, brokers, broker-dealers, and investors in all aspects of securities and commercial litigation, arbitration and mediation.  Ross regularly appears before state and federal courts, arbitration tribunals, and regulatory agencies, including the Securities and Exchange Commission (“SEC”), the Financial Industry Regulatory Authority (“FINRA”) and the American Arbitration Association (“AAA”).    

Ross has extensive experience arbitrating customer and industry disputes before FINRA where he handled hundreds of cases throughout the United States.  Ross tried numerous cases to verdict where he successfully defended customer complaints and prosecuted claims, including a recent decision, which awarded over $1.5 million dollars in damages. 

Ross regularly assists and advises brokers and broker-dealers in all aspects of broker-dealer compliance, including both SEC and FINRA rules and regulations, helping them navigate through the ever evolving regulatory landscape.

In addition, Ross is an accomplished commercial litigator with a focus on complex securities and employment litigations.  He is experienced in business disputes, business divorces, employer-employee compensation disputes, and determinations of employee/independent contractor status before the Department of Labor and the Supreme Court of New York, Appellate Division.

Ross also advises entrepreneurs and start-ups from entity formation, to funding, to exit, acting as outside general counsel to many small and medium sized businesses. 

Ross is a pragmatist, believing in cost-effective and practical solutions for his clients. 

Notable Cases

· FINRA Case No: 14-02823 Represented Claimant who was awarded $1,527,728.91 plus interest at the rate of 9% per annum in damages.
· FINRA Case No: 12-03062 Represented Respondent and successfully received decision denying Claimants’ claims in their entirety.
· FINRA Case No: 12-03062 Represented two Respondents, and successfully received decision which denied Claimant’s claims in their entirety. In addition, the allegations were successfully expunged from clients’ FINRA CRD and BrokerCheck.
· FINRA Case No: 11-04564  Represented Claimant who was awarded $97,610.14, plus interest and attorneys’ fees.
· FINRA Case No: 09-07148 Represented Claimant who was awarded $272,501.71, plus interest and attorneys’ fees.

Awards

Ross Carmel was named a 2017 Super Lawyer Rising Star by Thomson Reuters.

Publications

  • InvestmentNews.com – The DOL fiduciary rule’s effect on small broker-dealers – May 2016
  • WealthManagement.com – Crowdfunding is a Crowd Failure – July 2016

Education

University at Buffalo (B.A. 2004)
Touro Law (J.D. 2008)

Admissions

New York (2009)
U.S. District Court for the Southern District of New York (2014)