Richard's main practice areas include business litigation, antitrust, securities fraud, consumer litigation, environmental litigation and class actions.
Since becoming a partner at Boies Schiller Flexner in 1998, Richard has served as lead counsel in a number of complex class actions. He was lead counsel with David Boies in a major antitrust class action against Christie's and Sotheby's auction houses that resulted in a $512 million settlement in 2001. He also represented the plaintiffs in a RICO case against a global pharmaceutical company that resulted in a $30 million settlement for the plaintiffs.
Richard is currently co-lead counsel in class actions against several drug companies for antitrust violations arising out of blocking generic entry and against major insurers for violations of ERISA and RICO in connection with their healthcare coverage. He has successfully represented opt-out plaintiffs in a tort case arising out of radiation experiments on hospital patients in Ohio. Richard has extensive defense experience. In 1999, he defended a leading technology corporation on fraud charges and is currently representing defendants in antitrust and securities fraud lawsuits.
From 1988-1998, Richard was a partner in the law firm of Susman Godfrey in Houston, where he specialized in commercial litigation, including class actions. While at Susman Godfrey, Richard tried to $72 million jury verdict a securities fraud class action which the National Law Journal called one of the most significant verdicts of 1989. He started his legal career as Special Assistant to the General Counsel, United States Department of Energy and also served as Special Assistant to John Temple Lang, Legal Services of the Commission of the European Communities, Antitrust Division.