J. Steven Parker
|Download VCard | Print This Profile|
|Address:||1040 Crown Pointe Parkway
Atlanta, Georgia 30338
Mr. Parker has extensive experience in the areas of securities litigation and regulation. He is a member of the firm’s Regulatory Practice Group, representing individuals, broker-dealers, and investment advisors in regulatory and enforcement matters. Additionally, he represents investors and others in securities litigation and arbitration matters.
From 2001 to 2003, Mr. Parker served as the Director of the Securities Division of the State of Georgia. He joined other state regulators in prosecuting enforcement cases against nine leading Wall Street investment banking firms, resulting in a $1.4 billion global settlement. Included in this amount were civil penalties payable to Georgia of $4.7 million, and an additional $5.4 million paid into a special trust fund to be used on investor education and awareness programs in Georgia.
He and his enforcement staff also prosecuted dozens of individuals selling illegal payphone sale-leaseback interests and short-term promissory notes. Of the hundreds of victims of these schemes, many were elderly citizens who lost their life savings in those schemes. In these cases, he frequently worked closely in coordinated investigations and enforcement actions with the Securities and Exchange Commission and the National Association of Securities Dealers.
Mr. Parker was formerly a member of the North American Securities Administrators Association from 2001 to 2003, serving on its Enforcement Section Committee during 2002 and 2003. Additionally, he served on tasks forces investigating sales practices relating to viatical investments and variable annuities. He regularly interacted with securities regulators of all 50 states, the District of Columbia, Puerto Rico and Canada. He is presently the State Securities Law and Regulation Liaison for the American Bar Association and is the Director of Smart Investing Forum, Inc., a nonprofit corporation providing investor education services.
Prior to joining the Georgia Securities Division, he was a Partner in the Decatur, Georgia law firm of Parker, Terry and Center. He was an Associate at Kilpatrick & Cody (now Kilpatrick Stockton) in Atlanta from 1987 to 1990.
Mr. Parker received a B.A. degree from Furman University in Greenville, South Carolina (1983, magna cum laude), and a J.D. degree from the University of Georgia School of Law (1986, magna cum laude). He was Recent Developments Editor of the Georgia Journal of International and Comparative Law (1985-86) and a member of the Order of the Coif (1986). Upon graduation from law school, Mr. Parker served as a Law Clerk to the Honorable Dudley H. Bowen of the U.S. District Court for the Southern District of Georgia.
Mr. Parker is a member of the Business Law Section of the State Bar of Georgia and is admitted to practice before all Georgia Courts, the U.S. District Courts for the Northern and Southern Districts of Georgia, and the Eleventh U.S. Circuit Court of Appeals.