Michael McKay is based in Scottsdale, Arizona and represents plaintiffs in complex commercial disputes. His experience includes litigating securities claims, fraud claims, antitrust allegations, racketeering claims and business torts.
Mr. McKay is an experienced trial, finance and class action lawyer. He recently tried as first chair trial counsel a federal class action to verdict. He was instrumental in helping the class obtain a complete victory on all claims, including a judgment against the defendants for all costs and fees in that action.
He represented the City of Phoenix in a multimillion dollar lawsuit against Wall Street insurance companies who are alleged to have unlawfully overcharged Phoenix for bond insurance. Mr. McKay represents cities, municipalities, and other political subdivisions in California, Texas, Pennsylvania, Utah, West Virginia, and other locations with claims pertaining to investment losses. In addition he represents banks in Arizona, Nevada, and Illinois with claims pertaining to CDOs, ABS, MBS, and other investments that have led to catastrophic losses.
Prior to joining Schneider Wallace, he served as a law clerk for The Honorable Gordon J. Low, Utah First District Court, and as a law clerk for the United States Attorney’s Office, N.D.N.Y.
- Represented (with other lawyers) a nationwide class in In re Conseco Life Ins. Co. Cost of Ins. Litig., MDL No. 1610 AHM (C.D. Cal.), which settled for over $400 million.
- Represented a nationwide class in In re Ins. Brokerage Antitrust Litig., MDL No. 1663 GEB (D. New Jersey), which settled for over $121 million.
- Represented an Arizona class of consumers in Prestige Financial Services, Inc. v. Mitchells, CV2010-090395 (Arizona Superior Court, Maricopa County) which settled for over $18 million.
- Represented a California class of consumers in Thierot v. Celtic Ins. Co. which settled for approximately $1 million.
- Part of the counsel group representing a putative nationwide class of consumers In re: MDL 2048 Cox Enterprises Inc. Set-Top Cable Television Box Antitrust Litigation.