Ashar Ahmed represents clients in complex commercial litigation resolving a broad range of disputes with a particular emphasis on professional liability suits. He has worked with clients in a variety of industries including private equity, mortgage banking, retail banking, retail, pharmaceutical, and telecommunications.
Mr. Ahmed has experience in securities class action, derivative, consumer fraud, FIRREA, trade secret, defamation, insurance coverage, breach of contract, negligence, corporate governance and directors and officers investigations cases, both at Federal and State levels.
Mr. Ahmed has successfully represented clients in all phases of litigation, including independently conducting a jury trial, and has developed experience managing complex e-discovery issues, conducting and defending depositions, and briefing and arguing major dispositive motions, including at the appellate level.
Prior to joining Nossaman, Mr. Ahmed was a securities litigator and also served as a judicial extern for the Honorable John T. Noonan, U.S. Court of Appeals for the Ninth Circuit and for the Honorable John E. Munter, Superior Court of California, County of San Francisco.
Before entering the legal field, Mr. Ahmed worked as a Certified Public Accountant at KPMG and PricewaterhouseCoopers. His cumulative legal and accounting knowledge allows him to share particular insights with clients regarding the financial services industry from both a legal and business perspective.
He is fluent in Urdu and Hindi.
Federal Deposit Insurance Corporation. Represents the FDIC in a variety of commercial litigation resulting from recent bank failures; assists in investigations of professional liability claims against officers and directors and outside professionals.
- Security Savings Bank. Representing the FDIC as receiver for Security Savings Bank in claims against former officers and directors of the failed bank. The case involves issues reckless CRE lending and layered risks in the context of Defendants' plans to rapidly grow and sell the bank. The lawsuit is pending in Nevada.
- Superior Bank. Representing the FDIC as receiver for Superior Bank in claims against former officer and directors of the failed bank. The lawsuit is pending in Florida, and involves large and risky CRE loans, as well as legal issues ranging from the statute of limitations and adverse domination to the personal jurisdiction.
- 1st Centennial Bank. Represented FDIC as receiver for 1st Centennial Bank in various state and federal litigation matters, including the professional liability litigation against former officers and directors. Nossaman is also representing the FDIC in connection with the negotiated sale of a multi-million dollar complex real estate transaction involving a variety of lender participation interests.
Other major clients have included: U.S. Bank; California Office of the Legislative Counsel; Marvell Semiconductor; and Westside Community Mental Health Services.