Keiser University Flagship Campus Legal Environments of Business class students recently enjoyed the opportunity to gain insights from Ted Krebsbach, Senior Counsel at the New York law firm Davis Wright Tremaine and a leading member of the securities defense bar who has represented many of the nation’s largest broker-dealers and investment banks and their employees.
After reading and briefing the Shearson vs. McMahon United States Supreme Court landmark case argued by Krebsbach, students were eager to learn more about its significance. With a focus on whether mandatory arbitration of private securities fraud claims arising under the Securities Exchange Act of 1934 was legal, as well as the arbitrability of the federal Racketeer Influenced and Corrupt Organization Act’s challenge, Krebsbach shared how he was able to secure a ruling in favor of his client.
Led by Keiser University Professor of Business Law and attorney Lonnie Martens, the experience provided learners with a unique view of the legal landscape in the corporate world. Professor Martens said she brought in the expert to speak to her students because “as in sports, you learn early that to improve your game, you need to seek out the most experienced and successful mentors and coaches. It is the same in the business world,” she said.
Krebsbach also shared his thoughts regarding the benefits of obtaining a law degree which he believes to be invaluable regardless of which career is chosen. He pointed out that as long as a good grade point average and law school admission test result are obtained, no particular major is required, and many law schools hold seats open for students from non-traditional majors.
As Senior Counsel at the New York law firm Davis Wright Tremaine, Krebsbach currently represents clients in a broad range of matters in enforcement proceedings before the Securities and Exchange Commission, the Financial Industry Regulatory Authority and state regulators, in federal and state court litigation, and securities arbitration proceedings. Prior to entering private practice, he spent thirteen years at Shearson Lehman Brothers where he litigated many of its significant cases and managed its global litigation and arbitration caseload. He earned his Juris Doctorate degree from Fordham University School of Law in 1978 and his Bachelor of Arts degree in Political Science and Government from the University of Notre Dame in 1975.
Keiser University’s Bachelor of Arts degree in Business focuses on a basic understanding of business skills needed for entry-level business professionals. The program introduces students to the functional areas of business, the business environment including ethical business practices, technical and communication skills needed in today’s business environment. This degree can also be a springboard to graduate studies in law.
Keiser University is a private, independent, non-profit university serving nearly 20,000 students at 21 Florida campuses, online, and two international sites. Co-founded in 1977 by Chancellor Arthur Keiser, Ph.D., and Evelyn Keiser, Keiser University currently offers more than 100 degrees from associates to the doctoral level. Keiser University is a designated Hispanic-Serving Institution, a member of the Hispanic Association of Colleges and Universities, and was ranked No. 1 in the U.S.in providing Social Mobility by U.S News and World Report in 2023.