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Scheef & Stone Named in “Best Law Firms” List by Best Lawyers Published in U.S. News & World Report

By News & Events

 

Rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, peer review from leading attorneys in their field, and review of additional information provided by law firms as part of the formal submission process. The client survey covered topics such as experience, responsiveness, the understanding of business needs, integrity, cost-effectiveness, and clients’ willingness to refer.

The 2018 Best Lawyers® “Best Law Firms” national first-tier rankings will be featured in a special legal issue released by the U.S. News World & Report. The national and metropolitan first-tier rankings will be published in the “Best Law Firms” General Counsel publication. Click here to view the list.

Scheef & Stone Awarded Best Texas Law Firm For Complex Commercial Litigation by Acquisition International

By News & Events

Dallas, Texas – Scheef & Stone, LLP has been awarded the Best for Complex Commercial Litigation in Texas Legal Award by Acquisition International (AI), a monthly magazine produced by AI Global Media Ltd. The awards are given solely on merit and are awarded to commend those most deserving for their ingenuity and hard work, distinguishing them from their competitors and proving them worthy of recognition. AI is widely respected within the legal industry for their in-depth research to determine the winners of their awards.

“We are honored to have received this recognition,” said Kelly Crawford, co-founding partner at Scheef & Stone. “Our litigators work very hard on behalf of our clients to remain ahead of the curve in legal strategies, cutting-edge resolutions tactics and competitive approaches to achieve the results our clients expect. We continuously strive to exceed their expectations.

“With many of our attorneys focusing their practices upon complex commercial litigation, Scheef & Stone’s litigation team is well equipped to meet the demands of its growing client base,” said Bill Stone, another co-founding partner at the firm.

Political and economic issues have also affected the markets globally, and lawyers are increasingly having to adapt to ever evolving legislation and regulation. In addition, as the market becomes increasingly global the rise in cross-border issues means legal professionals are having to constantly update their skills.

Because of these challenges, the 2016 Legal Awards, which are now in their fifth year, act as the ultimate guide to recognizing those talented attorneys who are the very best available within the worldwide legal industry.

Scheef & Stone, LLP provides solid counsel to its valued clients by forging innovative legal solutions to build lasting relationships. From its offices in Dallas and Frisco, members of the law firm hold themselves to the highest standards, and embrace the art of going the extra mile for their clients. These values have led to strategic growth, bringing our attorney count to 59 lawyers practicing in a full-service transactional and litigation firm with services including immigration, corporate, cybersecurity, mergers and acquisitions, real estate, tax, construction law, banking, bankruptcy, intellectual property, healthcare, litigation and employment law.

Scheef & Stone Receiver Settles Securities Fraud Claim for $2.25 Million

By News & Events

DALLAS – Scheef & Stone LLP is pleased to announce a $2.25 million settlement of claims brought by a federal court appointed Receiver against Forex Capital Markets LLC. The aiding and abetting securities fraud claims were filed against FXCM in the 429th District Court of Collin County, Texas in Cause No. 429-75-2014. The claims alleged that Forex aided and abetted Kevin White, a Plano, Texas man earlier convicted of fraud in operating the Revelation Forex Fund, a $7 million Ponzi scheme. Kelly Crawford, a co-founding partner with Scheef & Stone, was appointed as Receiver for the Revelation Forex Fund by the United States District Court for the Eastern District of Texas in Cases Nos. 4:13-cv-383 and 382 brought by the Securities and Exchange Commission and U.S. Commodities Futures Trading Commission against White.

Court records indicate that more than two years ago, Crawford filed claims against FXCM for its alleged role as the broker who opened and serviced the Revelation Forex Fund account for White.

Prior to the settlement, FXCM made motion to have the case arbitrated in New York. FXCM argued Crawford, as the Receiver, had stepped into the shoes of its customer, the Revelation Forex Fund, and was required to arbitrate the claims in New York. The Collin County District Court ruled against FXCM. The company appealed the decision to the Dallas Court of Appeals. The Dallas Court of Appeals agreed that the Receiver was not bound by the arbitration agreement of Revelation Forex Fund. FXCM appealed the appellate decision to the Texas Supreme Court, but it declined to hear the case.

After losing the battle for venue, FXCM paid the Receiver $2.25 million in settlement of the claims. As a result of this settlement and other recoveries in the receivership, Crawford will be returning more than 78% of the misappropriated funds to the investors. “Through the hard work of my excellent attorneys, we were able to recover substantial funds from FXCM to return to the investors,” Crawford said.

In the battles to determine venue, Crawford was represented by Mitch Little and Charlene Koonce, Scheef & Stone partners with significant experience in federal court receiverships. “This was a hard fought battle that lasted for more than two and a half years,” Little said.

“The Dallas Court of Appeals’ opinion requiring FXCM to go to trial in Collin County was a pivotal moment in allowing for a settlement in the case,” Koonce said.

Former U.S. Magistrate Jeff Kaplan, now with JAMS, served as the mediator in the dispute.

Scheef & Stone, LLP provides solid counsel to its valued clients by forging innovative legal solutions to build lasting relationships. From its offices in Dallas and Frisco, members of the law firm hold themselves to the highest standards, and embrace the art of going above and beyond the extra mile for their clients. These values have led to strategic growth, bringing its attorney count to approximately 60 lawyers practicing in a full-service transactional and litigation firm with services including immigration, corporate, cybersecurity, mergers and acquisitions, real estate, tax, construction law, banking, intellectual property, healthcare, litigation and employment law.

2013 Super Lawyers

By News & Events

 

Partners Kelly Crawford, John Fischer, John Scheef, Bill Stone, And Brad Whitlock have been selected to the 2013 Texas Super Lawyers list. Their profiles will be featured in the October publications of Texas Super Lawyers Magazine and Texas Monthly. Congratulations to these five!

Scheef & Stone Chosen As One Of The “Top 100 Places to Work” For Second Time

By News & Events

Scheef & Stone, L.L.P. has been chosen for the second time as one of the “Top 100 Places to Work” for 2012, as designated by the Dallas Morning News. The Firm will be featured in a special supplement to the paper on Sunday, November 11th.

Staff members celebrated the honor with a lunch at Natalie’s Restaurant in Dallas along with an assortment of prizes. Administrator Brenda Conine also read messages of congratulations and appreciation from the firm’s attorneys, thanking the staff for their contribution to the family culture at Scheef & Stone.