Raymond (Ray) F. Schuenemann III

Associate

D (302) 622-7076

[email protected]

Schuenemann

In the securities space and all other areas, I think clients appreciate that we work as a positive and productive team. They never get only one person’s opinion or set of eyes. We are always collaborating and bringing out the best in each other, and the case at hand. Not all firms are like this.

Overview

Raymond focuses his practice on U.S. Securities Litigation, International Securities Litigation, Corporate Governance Litigation, M&A Litigation, Antitrust Litigation and Consumer Litigation.

Prior to his legal career, Raymond was an investment accountant in the mutual fund sector where he provided accounting services for numerous bond and equity funds. He was also employed as an internal auditor in both the finance and banking sectors. These experiences significantly honed his analytical abilities and keen attention to detail, which now benefit his legal practice.

At a previous firm, he also worked on matters related to employment, real estate, tax and healthcare law.

Experience

  • Participation in securities class action In re Pfizer Inc. Securities Litigation, alleging Pfizer misrepresented the cardiovascular safety of its multi-billion-dollar arthritis drugs, resulting in a $486 million settlement
  • Participation in securities class action In re Marsh & McLennan Consolidated Securities Litigation, alleging that Marsh & McLennan and its officers, directors, auditors, and underwriters participated in a fraudulent scheme involving bid-rigging and secret agreements to steer business to certain insurance companies in exchange for kick-back commissions, resulting in a $400 million settlement.
  • Involved in antitrust class action In re Titanium Dioxide Antitrust Litigation, where direct purchasers of Titanium Dioxide alleged that E.I. DuPont de Nemours and Company, Huntsman International and other defendants conspired to fix prices at which the chemical powder was sold in the United States, resulting in a series of settlements with defendants totaling $163 million.

 

Outside the Office

When I’m not working, I enjoy coaching my son’s basketball team. I started coaching high school basketball when I was in college, and I’ve been coaching my son’s teams ever since.

Credentials

Education

  • Widener University School of Law (JD, 2005)
  • West Chester University (BS, Finance, 1999)

Admissions

  • Pennsylvania
  • US District Court for the Eastern District of Pennsylvania

Affiliations

Professional

  • Mid Penn Legal Service, Pro-bono attorney, 2009-2015

Community

  • Reading Area Water Authority, Chairman of the Board, 2009-2014
  • Reading Redevelopment Corporation, Executive Board Member, 2013-2014
  • The City of Reading Charter Board, Vice President, 2017-2019