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Overview

Daniel Stabile is a partner in the Miami office of Shutts & Bowen LLP, where he is a member of the Business Litigation and Financial Services Practice Groups. The firm’s Financial Services Practice Group has been recognized by Chambers USA as a Band 1 banking and financial practice area since its first publication.

In the financial services arena, Daniel concentrates his practice in the area of regulatory investigations and enforcement proceedings. He has represented numerous financial institutions (and other entities) in internal and governmental/SRO investigations, as well as related enforcement proceedings, civil litigation, and arbitration. Daniel has been – or currently is – involved in the representation of:

  • A broker-dealer affiliate of a multinational financial institution in a FINRA investigation and enforcement action pertaining to the FINRA anti-money laundering rules;
  • A Miami affiliate of a multinational financial institution in parallel SEC and FINRA investigations and enforcement proceedings pertaining to the promotion of a financial product;
  • A Miami broker-dealer in a FINRA arbitration involving claims of defamation
  • A Miami affiliate of a multinational financial institution in several FINRA arbitration proceedings alleging negligent promotion of a financial product and failure to supervise;
  • A life insurance company in a FINRA arbitration, involving claims of defamation;
  • A foreign financial institution in parallel DOJ/SEC investigations involving allegations that the firm failed to properly register under the securities law and assisted clients in committing tax fraud;
  • A multinational company in claims brought by the Department of Justice under the Foreign Corrupt Practices Act.

Daniel also advises clients operating in the distributed ledger and virtual currency spaces with respect to regulatory issues. He speaks regularly on such issues in various forums. In addition, Daniel serves as the Co-Chairman of the Innovations Committee of the Florida International Bankers Association. He also authors the weekly Virtual Currency and Blockchain regulation Newsletter, which is distributed to regulators, virtual currency businesses, and entrepreneurs involved in the space.

In the litigation arena, Daniel concentrates his practice on class action defense and complex commercial litigation. He has experience handling matters in federal trial and appellate courts in Florida and various forums throughout the country, and he has been published in academic and trade journals on the issue of class action defense. Daniel has been – or currently is – involved in the representation of:

  • A life insurance company in multiple class action lawsuits brought under the Telephone Consumer Protection Act in which theoretical aggregate exposure exceeded $4 billion;
  • A large property insurance company in a class action lawsuit alleging improper re-inspection of homes;
  • Professional sports teams in class action (and collective action) lawsuits brought under various federal statutes, such as the Telephone Consumer Protection Act and the Fair Labor Standards Act;
  • A bond insurer in its rehabilitation proceedings and related actions;
  • A major entertainment company in a series of lawsuits alleging intellectual property and other claims.

Additionally, Daniel serves as the Volunteer Attorney Supervisor for LegalLink, a program of the non-profit arts organization Cannonball, which provides pro bono legal assistance for artists and arts organizations in Florida. He has provided legal assistance to large non-profit arts organizations, such as the Perez Art Museum Miami.

Prior to joining Shutts, Daniel practiced in the New York office of an international law firm. During law school, he worked at the United States Department of Justice.

Education

  • George Washington University Law School, J.D., 2008
  • University of Virginia, B.A., Philosophy, 2005

Bar Admissions

  • Florida
  • New York

Court Admissions

  • U.S. District Court for the Southern District of Florida
  • U.S. District Court for the Middle District of Florida
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Eastern District of Michigan

Professional and Civic Activities

  • Board Member, the George Washington University Law School Alumni Association
  • Foundry Advisory Committee Member, Cannonball Miami (formerly LegalArt)
  • Board Member, South Florida Youth Symphony
  • Board Member, Catalyst Miami

Presentations

  • “Virtual Currencies, Blockchain and their Risks,” Latin American Banking Federation / Florida International Bankers Association Cl@b2017 Conference (Moderator) (August 2017)
  • “The Evolving FinTech Regulatory Environment,” Latin American Banking Federation / Florida International Bankers Association Cl@b2017 Conference (Panelist) (August 2017)
  • “The Onset of Blockchain Technology,” Florida International Bankers Association (April 2017)
  • “Recent Developments Under the Telephone Consumer Protection Act,” Florida Annual Credit Union Roundtable  (September 2016)
  • “The Foreign Corrupt Practices Act: Current Issues,” LATAM Regulatory Meeting (August 2016)
  • “Working for free? FLSA Requirements for Interns and Volunteers in the Creative and Start-up Spaces,” LegalLink Presentations (May 2015)

Recognition

  • Florida Super Lawyers, Rising Star, Business Litigation, 2016, 2017

Publications