Alexander Schmidt is a partner at Wolf Haldenstein and practices general commercial litigation and complex class action litigation representing individuals and institutions who have suffered losses due to corporate fraud and misconduct. Mr. Schmidt has nationally recognized expertise in complex class actions representing consumers against private and publicly traded companies who sell defective products or utilize unfair and deceptive practices to sell their products. Mr. Schmidt is a member of the Firm’s Business Practice and Consumer Protection litigation groups with an emphasis on transactional derivative litigation, antitrust, unfair and deceptive practices, product defects, RICO, banking and commercial factoring and tenant rights. He also assists the Firm’s Labor and Social Justice Litigation groups.
Mr. Schmidt joined the firm as Of Counsel in 1999 and became partner in 2002.
- Argued many appeals on behalf of appellants and appellees in federal and state appellate courts, including in the highest appellate court in New York State.
- Litigated cases to trial and received favorable verdicts for his clients.
- Lead Counsel in several groundbreaking litigation victories, including the landmark Roberts v. Tishman Speyer Properties, L.P. (N.Y. Ct. Appeals) case, in which New York’s two highest courts ruled in favor of a class of tenants from one of New York City’s largest residential apartment complexes, Stuyvesant Town-Peter Cooper Village. The tenants challenged their landlords’ right to deregulate rent stabilized apartments while simultaneously receiving New York City tax benefits. Those rulings overturned New York City landlords’ 13-year old practice of wrongfully deregulating buildings. Recovered a $173 million settlement on the tenants’ behalf, representing a 100% recovery for overcharged class members. This case was hailed by some national and local officials as the largest and most significant tenants’ victory in United States history and by a leading tenant’s lawyer as “the best thing that’s happened for New York City tenants since the Rent Stabilization Law” because of its continuing beneficial precedential impact for rent stabilized tenants.
Mr. Schmidt returned to his alma mater Brooklyn Law School as an Assistant Adjunct Professor of Law co-teaching a seminar on Federal Discovery Practice. He also served as a Small Claims Arbitrator in the New York City Civil Court for fifteen years.
Mr. Schmidt has written a number of articles addressing important issues in the class action field, including most recently:
Why the Supreme Court’s Next Mootness Decision Could Doom Rule 23’s Private Attorney General Paradigm, 30 Antitrust 74 (Spring 2016).
Challenging the Supreme Court’s American Express Decision Under the First Amendment Petition Clause, 28 Antitrust 39 (Summer 2014).