Douglas J. Schulz is a securities consultant and expert witness working for both claimants and the brokerage industry. He testifies regularly as an expert in federal and state courts, as well as in arbitrations before the National Association of Securities Dealers (NASD), the New York Stock Exchange (NYSE), and the American Arbitration Association (AAA). He is an NASD and NYSE Arbitrator. Mr. Schulz has been retained in approximately 1,000 cases on rules, laws and regulations of the securities industry; norms and guidelines of brokerage firms; suitability of investments and investment strategies; order execution; evaluation of various investments; damage theories; supervision and compliance. Mr. Schulz has testified approximately 500 times and assisted in cases that have resulted in arbitration awards or settlements totaling over 335 million dollars, including several significant punitive damage awards.

Mr. Schulz’s research in preparation for arbitration includes analysis of investments sold to customers; assessment of investment suitability; determination as to what securities rules and regulations have been violated; creation of exhibits like schedule of trades, turnover, cost and commission analysis, damage calculations and lost opportunities. His involvement in the discovery process includes drafting discovery requests and testifying in preliminary hearings concerning requested documents. Mr. Schulz also assists in securities mediation.