William Mitchell College of Law, J.D., 2006, Magna Cum Laude
University of Minnesota, B.A., 2003, Magna Cum Laude
Bar & Court Admissions
- U.S. District Court District of Minnesota
- U.S. Court of Appeals 2nd Circuit
- U.S. Court of Appeals 8th Circuit
Dan Supalla is a member of the firm’s Financial Markets and Appellate practice groups. He practices principally in the areas of:
- Financial services and securities litigation
- State and federal appeals
- Business and employment litigation
Securities and Financial Services Representation
Dan represents the firm’s securities and financial services clients in litigation, arbitration, and regulatory enforcement actions and investigations.
Dan primarily represents broker-dealers involved in arbitrated and litigated disputes with customers, registered representatives, and other broker-dealers. His experience includes having primary responsibility for all pre-trial proceedings and coordinating discovery in 250+ arbitrations, state litigation, federal class-action litigation and bankruptcy litigation arising out one of the nation’s largest Ponzi schemes. Dan also represents broker dealers, investment advisers, and financial advisors in regulatory investigations and enforcement matters before the SEC and FINRA.
Dan’s financial services experience also includes representing the firm’s banking clients in mortgage banking cases, including disputes with borrowers regarding application of payments, loan modification claims, and other servicing related issues in state court, federal court, and on appeal. Dan also represents banks and correspondent lenders in mortgage-backed securities litigation arising out of the financial crisis.
In his securities litigation practice, Dan represents publicly traded companies, their officers, and directors in class actions alleging securities fraud and other violations of federal securities laws.
Dan regularly assists with the representation of the firm’s insurance clients in disputes with customers, former salespersons, and class action lawsuits concerning allegations of unlawful sales practices of life insurance producers and in raiding cases.
In addition to his securities litigation practice, Dan maintains an active appellate practice that includes representing individuals and businesses in a wide variety of appeals to state and federal courts of appeal. Dan’s appellate practice experience has included representing:
- executives involved in federal-securities litigation to answer questions certified to the Minnesota Supreme Court regarding the special litigation committees’ authority and the fairness of class-action settlements;
- banks in disputes with borrowers over purportedly misapplied mortgage payments involving federal statutory claims and state common law claims;
- preparing amicus curiae briefs discussing the preservation of issues that may be raised when challenging arbitration awards.
Combining his appellate practice and pro bono work, Dan has briefed and argued cases before the Minnesota Supreme Court and the Minnesota Court of Appeals as part of the Minnesota Appellate Public Defender Pro Bono program.
Business and Employment Litigation
Dan also represents a broad array of businesses and employers in litigation matters before state and federal courts and state equal employment agencies. Dan’s representative experience includes defending employers against terminated employees’ allegations of discrimination, sexual harassment, and class actions; and representing a Minnesota county in property-tax litigation in federal court that raised issues of 11th Amendment immunity, availability of tax refunds, and questions of federal exemptions from state taxes.
Dan stays abreast of topics in the securities arena and other developments in the law by writing on current events. He co-authored a white paper entitled “The Efficacy of Securities Arbitration and Proposals for Change,” which was cited by the Wall Street Journal in an article discussing proposals to eliminate mandatory arbitration. In addition, Dan co-authored an article in the William Mitchell Law Review entitled “Standard of Proof to Establish Amount in Controversy When Defending Removal Under the Class Action Fairness Act,” which has been cited by the Ninth Circuit Court of Appeals.
While in law school, Dan served as a staff member and assistant editor of the William Mitchell Law Review. Dan also received awards for best brief and won the oral argument in the Rosalie Wahl Moot Court competition, and in 2005 he represented William Mitchell in the New York Bar Association’s National Moot Court Competition.
Honors & Awards
- Attorney of the Year, Minnesota Lawyer, 2014
- Rising Star, Minnesota Super Lawyers
- Appellate counsel for farmers and ranchers alleging due process violations against state regulators who had denied clients their water rights to irrigate their crops and water their livestock.
- Counseled broker dealer and its financial advisors in dispute involving competing claims by a customer's children regarding the division of assets and customer's competence.
- Counseled broker dealer in dispute involving competing claims by a customer's beneficiaries.
- Defended class action securities claim alleging violations of Section 10(b) and Rule 10b-5 against a publicly traded company, its principals and its largets shareholder: a foreign pharmaceutical company.
- Lead discovery and pre-hearing counsel for an independent broker dealer in 250+ FINRA arbitrations arising out of a massive Ponzi scheme; assisted in the successful defense of client in state and federal class actions arising out of the same Ponzi scheme.
- Lead trial counsel for national bank in dispute with borrower over payment of insurance proceeds for property damage.
- Obtained expungement of adverse, factually unsupported disclosures on financial advisor's FINRA BrokerCheck report after panel hearing and state-court award confirmation proceedings.
- Obtained expungement of adverse, factually unsupported disclosures on financial advisor's FINRA BrokerCheck report in a declaratory judgment action in Minnesota state court.
- Obtained expungement of adverse, factually unsupported disclosures on financial advisor's FINRA BrokerCheck reports in Minnesota state court.
- Represented a Connecticut electronics manufacturer in arbitration against claims by a Canadian manufacturer that it failed to successfully design, develop and manufacture a hydronic circulator pump according to the parties' contracted specifications.
- Represented individual in an appeal to the Minnesota Supreme Court involving the Sixth Amendment right to counsel in a bench trial and in post-conviction proceedings about the effective assistance of counsel.
- Represented publicly traded company and director to obtain Rule 12 dismissal of a Section 16(b) claim for alleged improper short-swing profits.
- Successfully briefed and argued a motion to dismiss in state court on behalf of a dentist and his practice involving allegations of dental malpractice where the district court adopted our client's position and reasoning in full, and dismissed the suit.
- Obtained summary judgment for a national bank in a case involving alleged violations of the FDCPA, FCRA, the Minnesota Residential Mortgage Originator and Servicer Licensing Act, and other state common law claims.
Minnesota State Bar Association, Member
Minnesota Lavender Bar Association, Member
Hennepin County Bar Association, Member
Federal Bar Association, Member
- Briggs and Morgan and Industry Professionals Discuss the DOL Fiduciary/Conflict of Interest Rule (Fiduciary Duty Rule) and Related Prohibited Transaction ExemptionsNovember 7, 2016
- July 5, 2016
- March 30, 2015
- December 22, 2014
- September 15, 2014
- June 18, 2014
- May 2, 2014
- October 16, 2012
- September 14, 2012
- October 6, 2011
- July 18, 2011
- July 18, 2011
- April 7, 2011
- November 24, 2009
- April 20, 2017
- THIS EVENT IS FULL.May 5, 2015
- "Discovery in Arbitration Proceedings," Presenter, Minnesota CLE, Winning Discovery: Successful Strategies, Processes and Best PracticesNovember 2012
- Minnesota Courtroom Evidence Deskbook, Privilege—Minnesota Rule of Evidence 501, Co-Author, December 2016December 2016
- Minnesota E-Discovery Deskbook, Privilege and Clawbacks: Considerations Regarding the Protection of Privileged ESI, Co-Author, November 2016November 2016
- September 1, 2015
- May 2, 2014
- "Detection & Prevention of Selling Away: Supervisory Practices & Challenges," Co-Author, NSCP CurrentsJune 2013
- June 28, 2013
- June 26, 2013
- Alert: Minnesota Adopts NAIC Model Rules on Suitability of Annuity Transactions, to be Effective June 1, 2013May 23, 2013
- March 8, 2013
- January 29, 2013
- May 26, 2011
- February 25, 2011
- "Harmonizing Broker-Dealer and Investment Adviser Supervision Around a Unified Fiduciary Standard of Conduct," Co-Author, American Bar Association's Securities Litigation Journal2011
- August 26, 2010
- "Standard of Proof to Establish Amount in Controversy When Defending Removal Under the Class Action Fairness Act," Co-Author, William Mitchell Law ReviewAugust 2010
- April 27, 2010
- "Specimen Oral Argument: Sexual Harassment, Frieler v. Carlson Marketing Group," Co-Author, Art of Advocacy: AppealsAugust 2008
- May 5, 2008
- "A New Priority for E-Discovery: Early Collaboration, Identification, Preservation and Documentation," White Paper, Reprinted by Lorman Education ServicesJuly 2007