William C. Rand founded the Law Office of William Coudert Rand on May 1, 2001.
Education: Mr. Rand graduated from Harvard College with honors in economics in 1987 and worked for the next two years as an analyst at Prudential Securities. He completed his J.D. Degree at Fordham Law School in 1992. At Fordham, he competed in the Mulligan and Wormser moot court competitions and published a Note in the Fordham Urban Law Journal, which analyzed the effect of fraudulent conveyance law on leveraged buy-outs. During the summer of 1990, he worked as a clerk for the Honorable John F. Keenan, United States District Court Judge for the Southern District of New York.
Experience: Mr. Rand commenced his legal career at Brown & Wood where he practiced securities litigation for three years. Mr. Rand next followed Brown & Wood's head of litigation to Jones Day, where he continued his securities practice and also practiced commercial and tort litigation. Mr. Rand then worked for Paul Hastings from December 1997 until May 2001, where he had a diverse practice including securities litigation, non-compete employment litigation, general commercial litigation, letter of credit litigation as well as trademark infringement litigation. Since May 2001, Mr. Rand had managed his own law firm and has specialized in commercial, employment, and securities law.
Articles: Mr. Rand has published articles regarding the effect of the Securities Litigation Uniform Standards Act of 1998, the evolution of tracing under the 1933 and 1934 Acts, and the scope of the common interest privilege.
Bar Memberships: Mr. Rand served on the New York Bar Association's Task Force on Court Restructuring and currently serves as a member of the securities law committee of the New York State Bar Association. Mr. Rand is a member of the New York Bar and is admitted to the Southern, Eastern and Northern Districts of New York and the Second and Third Circuit Court of Appeals.
Reported Cases: In re M&F Worldwide Shareholders Litigation, C.A. NO. 18502 NC (bench decision, May 13, 2002) (V.C. Strine) (class action settlement rejected as inadequate given underlying merits of claims--motion to intervene granted); SEC v. Alexander, 160 F. Supp. 2d 642 (S.D.N.Y. 2001) (denied motion to dismiss insider trading allegations) (J. Swain); Saslaw v. Alaskari, 1997 WL 221208 (S.D.N.Y. 1997) (J. Preska) (dismissing Section 14 securities claims); Bissel v. Merrill Lynch & Co., Inc., 937 F. Supp. 237 (S.D.N.Y. 1996) (dismissing claims to interest on margin loans based on federal preemption) (J. Schwartz); The Ravenswood Investment Company v. Bishop Capital Corp., 374 F. Supp. 2d 1055 (D. Wyoming 2005); Strougo v. Brantley Capital Corp., 243 F.R.D. 100 (S.D.N.Y. 2007) (appointing the Rand firm as lead counsel in securities class action); Krebs v. The Canyon Club, Inc., 22 Misc 2d 1125A (N.Y. Sup. Westchester Co. 2009) (appointed lead plaintiff in class action seeking unpaid tips); White v. Western Beef, Inc., 2011 U.S. Dist. Lexis 73945 July 8, 2011, (ordering FLSA collective action notice to grocery store clerks with title "manager"); Gani v. Guardian Service Industries Inc., 2011 U.S. District Lexis 4353 (S.D.N.Y. Jan. 13, 2011) (ordering FLSA notice of collective action to over 4,000 office cleaner employees).