||FOCUSED ON CLASS ACTION
AND REGULATORY SETTLEMENT
EDUCATION & CERTIFICATIONS
B. A., Accounting Mankato State University (Minn.), May 1994
Matthew Potter provides high-level strategic guidance to the firm. Since joining Rust in 1999, Potter has worked on all aspects of claims administration on more than 500 settlements, with an emphasis on large-scale, complex antitrust, regulatory, and securities matters.
Potter has spent 17 years focused on class action and regulatory settlement administration, and has led Rust’s Faribault, Minnesota, office since 2004. From initial consultation to final resolution of a settlement, he has worked closely with attorneys general, SEC staff, counsel, special masters, independent distribution consultants, and economic experts throughout his tenure.
Potter has been responsible for more than 50 antitrust settlements, including:
- In re Dynamic Random Access Memory (DRAM) Antitrust Litigation, MDL No. 1486 (N.D. Cal.), $325 million settlement fund
- In re TFT-LCD (Flat Panel) Antitrust Litigation, MDL No. 1827 (N.D. Cal.), $317 million settlement fund
- Sullivan v. DB Investments, Inc., No. 04-02819 (D.N.J.), $295 million settlement fund
Potter was also responsible for SEC Market Timing settlements totaling more than $2 billion. Further, Potter was responsible for the National Mortgage Foreclosure Settlement (involving the Attorneys General from 49 states): USA v. Bank of America et al., No. 1:12cv361 (D.D.C.), a $1.5 billion settlement fund.
Co-Author, “Class Notice & Settlement Administration: Avoiding the Pitfalls - Part II,” Class Action Perspectives (Aug. 2007)