David Friedman

Partner

San Francisco - Branch

Direct: 415.635.0105
Email: dfriedman@stris.com

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Dave Friedman manages the firm’s San Francisco office. He is an accomplished business litigator with over 20 years’ experience representing well-known Bay Area companies, startups, directors and officers, executives, and experienced investors. He handles a wide variety of complex disputes in courts across the country, including the Delaware Court of Chancery.

Mr. Friedman has extensive experience in corporate governance and other securities disputes, representing plaintiffs and defendants in breach of fiduciary duty litigation, corporate control fights, post-acquisition disputes, and founder, partnership, and fund disputes. He also represents clients in internal investigations, regulatory investigations, and litigation involving the Department of Justice and the Securities and Exchange Commission.

In addition to his securities practice, Mr. Friedman regularly represents clients in trade secret litigation, large breach of contract cases, professional liability litigation, employment disputes, and in policyholder disputes.

Prior to joining Stris & Maher, Mr. Friedman was a named partner of a San Francisco litigation boutique, Ogloza Fortney + Friedman LLP and was counsel at the San Francisco office of Latham & Watkins LLP, where he practiced for twelve years.

Mr. Friedman received his Bachelor of Arts degree in Economics and Political Science from the University of California, Berkeley and his Juris Doctorate from the University of California, Berkeley School of Law. He is peer rated “Preeminent” by Martindale Hubbell and serves on the Executive Committee of the Securities Litigation Section of the Bar Association of San Francisco.

Mr. Friedman handles a wide variety of complex business cases. The matters below are representative of his experience:

Securites and Partnership Disputes
Crosscode (now Codelogic, Inc.) Crosscode, Inc. v. Sharma
Mr. Friedman was brought in after the startup SAAS company terminated its founder and CEO. Mr. Friedman and his team led an internal investigation and discovered that the CEO engaged in securities fraud and other wrongdoing. The former CEO retaliated by claiming that pursuant to an agreement, he owned all of the company’s intellectual property and was wrongfully terminated. Mr. Friedman's team secured a preliminary injunction against the former CEO from enforcing the agreement and using the Company’s IP, and ultimately achieved a beneficial settlement. Dave also helped his client successfully navigate bankruptcy and shed liabilities created by the former CEO so that the company could emerge with a clean slate.

Mayacamas Winery
Mr. Friedman's team partnered with a large firm to handle a breach of fiduciary duty and partnership dispute between two 50% members of an LLC involving the storied California winery, Mayacamas. Simultaneous litigation ensued in Napa County and the Delaware Court of Chancery, which ultimately led to a successful resolution for his client.

Re: CG Blockchain
Mr. Friedman recently represented a client in an SEC investigation related to the cryptocurrency company, CG Blockchain, the subject of significant press due in part to the fact that the Company’s founder concealed his true identity and his prior conviction for engaging in one of Canada’s largest financial scams.

Storm Ventures, L.P. vs. Pipedrive, Inc.
Mr. Friedman's team represented Pipedrive, a venture-backed SAAS company in litigation filed by one of its seed-investors in which the Plaintiff claimed that it was entitled to more shares of the company on a breach of contract theory. The case was successfully resolved as part of Pipedrive’s acquisition by a large private equity fund.

Confidential Client in SEC Insider Trading Investigation
Mr. Friedman recently represented a technology executive in an insider trading investigation. The matter concluded with the SEC taking no action against his client.
Policyholder Representation
Certain Hospital Management Companies
Mr. Friedman's team is representing multiple healthcare management companies and their owner and employed lawyer in breach of an insurance contract and bad faith actions stemming from the carriers’ refusal to defend and indemnify their insureds. Mr. Friedman has already recovered several millions of dollars in insurance proceeds on behalf of his clients. The action continues against additional carriers.
Breach of Contract Litigation
Storm Ventures, L.P. vs. Pipedrive, Inc.
Mr. Friedman's team represented Pipedrive, a venture-backed SAAS company in litigation filed by one of its seed-investors in which the Plaintiff claimed that it was entitled to more shares of the company based on the terms of the investment agreement. The case was successfully resolved as part of Pipedrive’s acquisition by a large private equity fund.

World Ag Associates, LLC v. Oligo, et al.
We are representing the supplier of natural feed additives against its distributor in this multi-national, breach of contract case pending in federal district court.

Confidential Technology Clients Pre-Litigation Disputes
Mr. Friedman represented several well-known public and well-funded startup clients in disputes with their IT vendors. Mr. Friedman's team was able to achieve quick resolution of the matters on favorable terms to his clients without resorting to litigation.
Executive Employment Representation
Confidential Portfolio Manager Client
Mr. Friedman's client was enticed to start a new fund for a large investment entity. As it turns out, the fund was not what was represented, and the investment entity ultimately decided to not launch the fund and terminate Mr. Friedman's client before the fund ever launched. Mr. Friedman was able to achieve a successful settlement for his client and ensure that his client could successfully launch a new fund with a different investment company.

Confidential Chief Investment Officer
Mr. Friedman was retained to negotiate a severance, and if necessary file litigation, against a large, privately held grantmaking foundation.

Confidential Founder, Chief Executive Officers of Startup Company
Mr. Friedman was retained to negotiate, and assist his clients with defending themselves against claims of financial impropriety, while simultaneously negotiating corporate transactions to allow his clients to regain board control of the companies they founded. Both matters were able to be resolved with the clients regaining control of their assets/entities.
Trade Secret Cases
Crosscode (now Codelogic, Inc.) Crosscode, Inc. v. Sharma
Mr. Friedman's team filed litigation against his client’s former CEO, seeking declaratory judgment that a purported license agreement that gave the company’s intellectual property to the former CEO was null and void. Mr. Friedman's team was able to obtain a preliminary injunction in which the Northern District of California held among other things that: (i) the purported license agreement was likely fabricated and (ii) that the former CEO was enjoined from enforcing the purported license agreement or otherwise using the Company’s trade secrets. The case was ultimately resolved, with the Company able to retain complete control over its intellectual property.

Confidential Wine Distributor Company
Mr. Friedman and his team represented a wine distributor against a large wine importer in this trade secret theft and breach of contract case. The wine importer received confidential information regarding the client’s sales, and then terminated the distribution agreement. Mr. Friedman's team was able to achieve a successful resolution of the matter.
Education

UC Berkeley, J.D. (2000)
UC Berkeley, B.A. (1997)

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