Michael Olney graduated from Haverford College with a Bachelor of Arts in Psychology. While an undergraduate, he attended the prelaw program at Cornell University and subsequently obtained his Juris Doctorate from Boston University School of Law. After graduation, he worked at several law firms practicing predominantly in commercial litigation.
After several years in private practice, Mr. Olney joined the litigation department of what was then the nation’s largest broker/dealer. While there, his practice focus was securities arbitration and commodities reparations proceedings where he tried well over 100 arbitration cases and was responsible for approximately 250 case outcomes before all securities industry forums as well as the AAA, and the CFTC, including a research fraud claim that was, at the time, the largest securities arbitration in the firm’s history which resulted in a complete dismissal.
Mr. Olney then joined a plaintiffs’ law firm and prosecuted securities arbitration claims against a number of major broker/dealers, involving a diverse array of products including hedge funds and mutual funds which were adversely affected by derivatives positions. Mr. Olney has also worked at several firms involved in class action administration, as well as for approximately five years in the public sector, first in the office of the Nassau County Comptroller as Counsel to the Comptroller, providing legal advice and where he also served as a FOIL officer and then subsequently with the Special Education Unit of the New York City Department of Education where he litigated administrative cases brought by New York City families seeking special education and/or related services.
- New York