Karl has over 40 years of experience in the field of broker/dealer and investment advisor regulation, including the representation of clients at SEC, state agency, and self-regulatory (FINRA) enforcement, licensing proceedings, and FINRA arbitrations. He counsels financial professionals including stockbrokers, investment advisors, entrepreneurs and other entities regarding SEC and FINRA matters, as well as with commercial and securities litigation. He assists clients with non-public securities offerings and advises generally in various aspects of business formation and operations. Prior to entering private practice, he served as an enforcement attorney with the Ohio Division of Securities.

Karl’s extensive background in securities practice and civil enforcement is beneficial in his work helping small and closely-held businesses with securities structuring so they are in compliance with registration, exemption and disclosure requirement of federal and state securities laws. He also provides counsel in the field of venture capital and private equity transactions.



    • Successfully defended various clients in SEC, FINRA, and Ohio Division of Securities investigations and administrative proceedings.
    • Multiple representation of securities broker/dealers and registered representatives in FINRA arbitrations.
  • Education

    • The Ohio State University, J.D., summa cum laude, Order of the Coif, 1974
    • Ohio Northern University, B.A., with high distinction, 1971


    • State of Ohio
    • U.S. Court of Appeals, Sixth Circuit
    • U.S. District Court, Northern District of Ohio and Southern District of Ohio
  • Professional Affiliations

    • Ohio State Bar Association—Member (1974-Present)
    • Cleveland Metropolitan Bar Association—Member (1974-Present); Chairman, Securities Law Section & Securities Law Institute
    • The Ohio State Law Journal—Associate Editor (1972-1974)
    • Order of the Coif, The Ohio State University (1974)

    Community Involvement

    • Lyman Boat Owners Association—Rear Commodore (2018-Present)
    • Sigma Pi Fraternity, International—Legal Advisory Board (2014-Present)
    • Zeta Chapter of Sigma Pi Fraternity Alumni Association—Trustee (1976-1993; 2012-Present)
    • Named Best Lawyers’ “Lawyer of the Year” in Cleveland in Litigation-Securities (2019)
    • Named to The Best Lawyers in America in the areas of Litigation-Securities and Securities Regulation (2017-2022)
    • AV Preeminent Peer Review Rated—Martindale-Hubbell
    • “Structuring a Real Estate Investment Deal,” 36th Annual CMBA Real Estate Law Institute, Cleveland, OH (November 2014)