Kenneth Sagat is prominently known for his experience in insurance for, and the resolution of, corporate and securities litigation as well as other financial loss contingencies, Mr. Sagat has an extensive background in directors' and officers' liability insurance, fidelity, surety, financial guaranty insurance, and reinsurance.
For more than 35 years, he represented insurers in the negotiation of numerous securities class action and other complex litigation settlements. Since founding his present firm, he has been engaged in representing financial institutions concerning banking regulatory issues, including Dodd-Frank and CARD Act issues, and co-authored comments to the FASB and banking regulators concerning the consolidation of off balance sheet securitization entities. Early in his career, Mr. Sagat served in the United States Department of Justice, Antitrust Division, as a trial attorney primarily litigating merger matters, including a trial in a landmark merger case; subsequently, Mr. Sagat represented accounting firms in securities and other litigation, including one of the first securities class action trials. He has also served as an arbitrator, been a speaker and panelist, and written on insurance, corporate, accounting, and securities litigation issues.
Mr. Sagat graduated from Dartmouth College (AB, MBA) and the University of Pennsylvania Law School (JD).