Best & Flanagan

 

David L. Young

Attorney

David L. Young is an attorney in the firm’s Litigation and Business Law groups.  He advises and assists clients regarding all facets of their business to help them achieve their business objectives.  David is a full service resource to his clients whether they are faced with corporate issues in the board room, an M&A transaction or a dispute that has made its way to the courtroom.  David has broad experience counseling clients on matters integral to their ongoing business.

He has a wide range of experience that includes director and officer liability, corporate governance matters, antitrust litigation, class action defense and banking litigation.  David has represented a broad spectrum of clients that spans Fortune 500 companies to start up ventures in many different industries, including financial institutions, investment banks, private equity firms, securities underwriters, telecommunication companies, associations, retailers and manufacturers. As a co-founder of a technology company, David brings a real world perspective and application to the problems faced by his clients.  He was also a Certified Public Accountant (inactive).

David’s specific relevant experience follows:

Business Matters

David advises clients regarding ongoing corporate and business matters.  He works closely with senior management and company boards to devise and implement legal solutions to the business issues facing the companies.  David’s experience in these matters includes financing and other capital issues, shareholder matters, SEC filings, executive compensation issues and employment matters.  In addition, David assists clients with M&A and other strategic transactions.

Securities Litigation

David has represented clients in securities matters involving complex disputes and significant exposure. His securities litigation background includes the defense of issuing parties, underwriters, rating agencies and directors and officers. In addition, David’s experience extends beyond conventional public securities to include private placements, revenue bonds, ESOPs and mortgage backed securities. He has represented securities clients in connection with regulatory matters involving the Securities and Exchange Commission, the U.S. Department of Labor and state agencies.

ERISA Matters

David has represented companies and officers in numerous matters relating to ERISA compliance and liability. His experience ranges from defense of officers from Department of Labor enforcement actions to litigation arising out of withdrawal liability for pension plans. David also has an active practice assisting ERISA fiduciaries to ensure that their plans are in compliance with both the industry standard of care and DOL regulations.

Broker-Dealer and Investment Advisor Matters

David has represented broker-dealers, investment advisors, and financial consultants in all facets of the industry. He has defended broker-dealers in numerous FINRA, NASD and NYSE arbitrations involving customer claims and non-competition agreement disputes. David has also assisted broker-dealers and investment advisors in regulatory matters, including regulatory investigations, compliance issues and formation advice.

Corporate Governance Matters

David has represented clients in connection with a variety of corporate governance matters and disputes. This experience includes managing director and officer liability and breach of fiduciary claims. In addition, he has represented a number of clients in connection with minority oppression, receivership and other related claims.

David earned his J.D. cum laude from the University of Michigan Law School, where he was a member of the Michigan Law Review and the Asian Pacific American Law Students Association. He earned his B.A. magna cum laude, with a focus on business administration and accounting, from Washington State University.

David has been named a “Rising Star” by Minnesota Super Lawyers from 2012 – 2015; a “Rising Star” in Washington Law & Politics since 2002; and a “Future Star” by Benchmark Litigation since 2009. David is also a frequent speaker on subjects including accounting issues for attorneys and litigation problems presented by various business transactions.

David is admitted to practice in the State of Minnesota and before the U.S. District Courts for the Western and Eastern Districts of Washington.

 

Education

  • University of Michigan Law School, J.D., cum laude
  • Washington State University, B.A., magna cum laude

Practice Areas

Admissions

  • Minnesota
  • U.S. District Court for the Western District of Washington
  • U.S. District Court for the Eastern District of Washington