Our Attorneys
Howard B. Prossnitz is a leading complex litigation and securities arbitration attorney with over 30 years of successful practice. Prior to starting his own firm in 1994, he was a litigation partner at a 50 person Chicago law firm. He currently focuses on FINRA arbitrations for investors and retirees who have lost more than $100,000. His specialty is representing victims of Ponzi scheme and selling away cases in claims against the clearing firm.
He represents 100 retirees in North Carolina who lost $8 million in a Ponzi scheme. Six FINRA arbitrations were filed. Four cases were settled, and two went to hearing resulting in sizeable awards.
In addition to his work on multi-claimant investment schemes, Mr. Prossnitz has experience as a class-action attorney. He was one of the counsel in a class action against Toyota concerning run flat tires that settled on a national class wide basis. He is also currently representing a group of homeowners in a lawsuit against their home developer.
He is admitted to practice law in Illinois and California, and is a member of the federal trial bar for the Northern District of Illinois and has been admitted pro hac vice to handle cases in New York, Pennsylvania, Colorado, Wisconsin, California, and Michigan.
He has taught at Chicago Kent Law School as an adjunct professor on class actions. He has been a member of the Chicago Literary Club since 1988 and has presented six papers. He served as Treasurer, a Board member and is currently on the Publications committee.
He is a graduate of Stanford Law School, where he was a member of the Law Review, and Haverford College where he graduated Phi Beta Kappa. Email Howard at howard@prossnitzlaw.com.
Meghan McAllister recently joined the firm as an Associate. She is a graduate of the University of Wisconsin-Madison where she was a member of Phi Alpha Theta and a reporter for The Badger Herald. She received her law degree from DePaul University College of Law, where she was an editor with the DePaul Journal of Health Care Law. She is a member of the State Bar of Illinois and is admitted to the General Bar for the Northern District of Illinois. Email Meghan.
