RYAN S. LEAN
Ryan Lean is a shareholder with Keesal, Young & Logan in its Long Beach office and currently serves on the firm’s Diversity and Inclusion Committee. His practice includes a broad range of civil litigation in state and federal court and before the Financial Industry Regulatory Authority (FINRA).
In his securities practice, Ryan defends financial services firms, registered representatives and corporate executives in judicial and arbitration proceedings involving allegations of fraud, unsuitability, breach of fiduciary duty, breach of contract, and violation of federal and state securities laws. Ryan’s experience includes the defense of claims involving publicly-traded equities and options, private equity funds and other alternative investments, tenant-in-common interests, REITs and various other investments, as well as margin liquidations and selling away disputes. These matters have included the defense of “mass” actions involving dozens of claimants.
Ryan also represents financial services firms in regulatory proceedings before FINRA and the SEC, and represents registered representatives in expungement proceedings before FINRA and in court. He also assists financial services firms in responding to third-party subpoenas, levies, and garnishments, which often include matters pending in civil, family, and probate court, as well as FINRA arbitration.
In his business litigation and mortgage banking practice, Ryan represents clients in state and federal court, including bankruptcy court. His mortgage banking practice covers a wide array of issues arising from the origination and servicing of financial instruments, and he has represented parties in defense of claims involving fraud, wrongful foreclosure, unfair business practices, loan modifications, RESPA, TILA, FDCPA, and other state and federal laws.
Ryan’s practice also includes the representation of firms in employment matters involving wrongful termination, defamation, and breach of contract disputes—both in court and in arbitration. He also represents financial services firms in trade secret misappropriation cases.
Ryan graduated with honors from the University of California, Berkeley in 2006 with a double major in legal studies and international trade. While there, he was a four-year member of the men’s varsity swimming team and Team Captain his senior year. Ryan received his J.D. from Loyola Law School in 2010. During law school, he was a senior editor of the Los Angeles Public Interest Law Journal, and also served as a judicial extern for the Honorable Margaret M. Morrow in the United States District Court for the Central District of California.
Ryan is active in the Long Beach community, where he resides with his wife and two sons. He currently serves on the Boards of Directors of the YMCA of Greater Long Beach and the Long Beach Mayor’s Fund for Education.
Ryan is admitted to practice law before all state and federal courts in California.
- J.D., Loyola Law School, Los Angeles (2010). While in law school, Ryan was senior editor of the Los Angeles Public Interest Law Journal.
- B.A. (with honors) (legal studies and international trade), University of California, Berkeley (2006).
- California (2010)
- All United States District Courts in California
- United States Court of Appeals for the First Circuit
- United States Court of Appeals for the Ninth Circuit
Arbitration and Trial Results
- Lead counsel in obtaining prehearing dismissal and defense award in a $113 million FINRA arbitration claim against a broker-dealer, bank, Chief Compliance Officer, and financial advisor. After several years of litigation in court and arbitration, the panel dismissed the claimants’ claims in their entirety as a discovery sanction.
- Defense award in a $58 million FINRA arbitration claim against a brokerage firm, its clearing firm and five employees, including three senior executives (second chair). This case involved allegations of improper account restrictions and alleged AML and PATRIOT Act violations. Ryan also handled the contested proceedings in court to confirm the award, and successfully briefed and argued the award’s confirmation before the Court of Appeal.
- Defense award in a $9 million FINRA arbitration filed by a hedge fund against a broker-dealer for margin liquidation losses involving esoteric strips of collateralized mortgage obligations (second chair). After nearly three weeks of hearing, the arbitration panel dismissed the claims and issued a defense award when the claimant rested its case.
- Defense award in a $3 million FINRA arbitration on behalf of a broker-dealer in a case involving the claimants’ unpaid loans to their financial advisor (second chair).
- Obtained prehearing dismissal of $500,000 customer arbitration involving allegedly unauthorized third-party wires.
Appellate Results and Reported Decisions
- Audette v. Kwon, 2017 Cal. App. Unpub. LEXIS 3718 (May 31, 2017)
- Lee v. JPMorgan Chase Bank, NA, 2015 U.S. Dist. LEXIS 126128 (C.D. Cal. Sept. 21, 2015)
- Tollette v. JPMorgan Chase Bank, NA, 2014 U.S. Dist. LEXIS 54267 (C.D. Cal. Apr. 17, 2014)
- Tollette v. JPMorgan Chase Bank, NA, 2014 U.S. Dist. LEXIS 7350 (C.D. Cal. Apr. 17, 2014)
- Selected to Southern California Rising Star List (Thomson Reuters) (2018–2020) (a designation limited to 2.5% of attorneys in a geographic region)
- Mayor’s Fund for Education (Long Beach), Board of Directors (2018–Present)
- YMCA of Greater Long Beach, Board of Directors (2011–Present)