Browse Attorneys

Stephen J. Siegel

TITLE

Partner

PHONE

312.419.6900

FAX

312.419.6928

EMAIL

ssiegel@novackmacey.com

VCARD

download

PRACTICE CONCENTRATION

Closely Held Corporations
Employment Law
Energy
Real Estate
Securities

BIOGRAPHY

Stephen J. Siegel represents businesses and individuals in seeking cost-effective solutions to their commercial disputes. He represents both plaintiffs and defendants, at trial and in arbitration and mediation proceedings. Steve has a particular depth of experience in several areas, including: investment disputes involving claims of securities fraud and/or breach of fiduciary and contractual duties; energy disputes; non-compete, trade secrets and employment termination disputes; and real estate litigation. He has been selected for inclusion among Illinois “Leading Lawyers,” which recognizes the top five (5) percent of attorneys in the State as selected by peers and an independent panel.

In recent years Steve has taken a leading role in obtaining:

A $20 million arbitration award in favor of investors for mismanagement and securities fraud in two closely-held investment vehicles;
An arbitration award and federal district court judgment in favor of a publicly-held energy company, restraining frivolous multi-million dollar litigation in Guatemala and directing payment of all of our client’s attorney’s fees incurred in the arbitration, a ruling which freed our client to sell its Guatemala assets;
Settlements for five former clients of broker Frank Gruttadauria. Gruttadauria, while a broker for Lehman Brothers, SG Cowen and its predecessor Cowen & Co., misappropriated over $100 million from several dozen of his clients, while misrepresenting to them that their accounts had grown to approximately $275 million in value. Steve successfully represented five former clients of Gruttadauria, obtaining settlements (confidential in amount) from Lehman Brothers, SG Cowen and others;
An arbitration award in favor of a retail power seller denying a commercial customer’s claim for purported overcharges and awarding our client all of its arbitration expenses;
A mandatory injunction for a client charged with fraud and breach of contract by the public company to whom she had sold her consulting business, which required the company to allow her to sell millions of dollars of restricted stock she received in the disputed merger transaction, a victory that was followed promptly by an additional settlement payment in excess of $1 million reported in the company’s next SEC filing; and
A $1 million judgment after trial, affirmed on appeal, on a building owner’s claims against both a contractor and its principals.

Steve served as law clerk to United States District Judge Morey L. Sear (E.D. La.). He also served as a legislative assistant to then-U.S. Rep. Harry M. Reid (D.-Nev.) (now U.S. Senate Majority Leader). He is a member of American Bar Association (ABA), the Energy Bar Association and the Chicago Council of Lawyers. He is a co-editor of the ABA’s In-House Litigator journal, in which he publishes frequently on legal issues affecting corporate counsel. Steve is also a member of the Advisory Board of the Jewish Council on Urban Affairs and has been active in a wide range of civic organizations.

EDUCATION

Middlebury College (B.A. 1984), Cum Laude
University of Michigan Law School (J.D. 1990), Cum Laude

BAR ADMISSIONS

Illinois
United States Court of Appeals for the District of Columbia Circuit
United States District Courts for the Northern and Central Districts of Illinois
Trial Bar of the United States District Court for the Northern District of Illinois