Gary M. Saretsky is a founding shareholder of Saretsky Hart Michaels & Gould PC. He has practiced law since 1980.
Gary’s practice is litigation oriented, concentrating in the areas of securities, commercial and employment litigation. The Martindale-Hubbell Law Directory has awarded him its highest legal ability and ethical standards rating (AV - very high to preeminent). He has also been selected a “Michigan Super Lawyer” (a publication which identifies the top 5% of practicing attorneys in each state as selected by their peers), a claim Gary’s mother had made many years before he received this formal designation. Gary is a Fellow of the Litigation Counsel of America, a highly selective, invitation-only honorary society of trial lawyers comprised of fewer than one-half of 1% of American lawyers, and recently, Gary was named by Business Magazine as a 2011 Top Lawyer, based upon peer voting of Michigan attorneys (only 17 of Michigan's 41,000 attorneys were named as a Top Lawyer in the area of Securities Law.)
The FINRA Institute at Wharton has conferred upon Gary the designation of Certified Regulatory and Compliance Professional (CRCP.) Gary is one of only a dozen attorneys in the private practice of law nationwide to have successfully completed this rigorous residential program at The Wharton School since the program's inception in 2000. Gary's CRCP designation uniquely qualifies him to consult with, advise and represent members of the securities and investment advisory industries on compliance and legal matters.
Gary has handled more than 1,000 securities, commercial and employment lawsuits and arbitrations, and he regularly advises and represents clients in matters before regulators. Gary’s experience has provided him with a command of the governing statutes, rules, regulations, the common law and legal precedent. His litigation skills are recognized and appreciated by clients (who have asked him to arbitrate cases in 36 states), and attorneys, CPAs, broker-dealers, registered representatives, investments advisers, financial planners and arbitrators, before whom Gary frequently lectures (e.g., the Midwest Securities Law Institute, Michigan Association of CPAs and the Detroit Bar Association). Gary also is a certified arbitrator and mediator for the FINRA and AAA.
Gary’s “track record” of success as a litigator is outstanding. Results are an absolute priority for Gary, whether he is defending an alleged sales practice violation, handling a recruitment or restrictive covenant dispute, or working with (and sometimes against!) regulators to help a client obtain or maintain their registration.
Gary has a national practice, with a concentration in the Midwest. Gary is admitted to the State Bars of Michigan, Ohio, Indiana, Illinois, Minnesota, Wisconsin, Colorado, Texas and Arizona. He is also admitted to practice before numerous United States District Courts in the Midwest, the United States Courts of Appeals for the Sixth and Eleventh Circuits, and the United States Supreme Court.
Gary graduated from the University of Michigan with a Bachelor of Arts degree (with high distinction) in 1977. While in Ann Arbor, he was the recipient of the William Branstrom Freshman Prize and he was a James B. Angell Scholar, and Gary is currently a Member of the Advisory Board to the University's Michigan In Washington Program. Gary graduated from the Wayne State University Law School in Detroit, Michigan in 1980. He was Vice Chancellor of the school’s Moot Court Program. Prior to founding Saretsky Hart Michaels & Gould PC, Gary was a principal shareholder in Hertz, Schram & Saretsky, P.C., where he “grew up” as a lawyer.
REPORTED DECISIONS: Bennett v. Shearson/American Express, 168 Mich.App. 80; 423 N.W.2d 911 (1987); Lund v. Shearson/American Express, 852 F.2d 182 (6th Cir. 1988); Harner v. Prudential Securities, 785 F.Supp. 626 (E.D. Mich. 1992), aff’d 35 F.3d. 565 (6th Cir. 1994); Hartman v. Shearson Lehman Hutton, 194 Mich. App. 25; 486 N.W.2d 53 (1992); Hart v. Christy v. Prudential-Bache Securities, 198 Mich. App. 215; 497 N.W.2d 194 (1993); Sheldon Company Profit Sharing Plan v. Oppenheimer, 828 F.Supp. 1262 (W.D. Mich. 1993), aff’d 91 F.3d 26 (6th Cir. 1996); Ohio Company v. Nemecek, 98 F.3d 234 (6th Cir. 1996); City of Detroit Pension Fund v. Prudential Securities, 91 F.3d 26 (6th Cir. 1996), cert. denied, 520 U.S. 1119, 117 S.Ct. 1252, 137 L.Ed.2d 333 (1997).
UNPUBLISHED DECISIONS: Campbell v. Shearson/American Express, Sixth Circuit Court of Appeals Nos. 85-1703 and 85-1714 (1987); Carsten v. North Bridge Holdings, Michigan Court of Appeals No. 258604 (January 24, 2006); Naz v. Morgan Stanley, Michigan Court of Appeals No. 259110 (April 20, 2006); Chopra v. All-Tech Investment Group, Michigan Court of Appeals No. 268298 (March 27, 2007).