Peter R. Pendergast Partner

Peter R. Pendergast is a partner in Prince Lobel’s litigation practice group. He practices business, securities, banking/lender liability, investment fiduciary, antitrust, employment, and construction law.

Peter specializes in representing investors, investment fiduciaries and beneficiaries, funds, securities industry participants, and municipal issuers in litigation and arbitration (fraud, misrepresentation, breach of fiduciary duty, compensation issues and intra-industry disputes), investigations (SEC, FINRA and state securities divisions), fund formation, structured financial products, investment suitability, municipal securities disclosure, interest rate swaps, and other derivatives.

Peter served as Kidder Peabody & Co. Inc.'s vice president and New England public finance investment banker. As its general counsel, Peter represented the Massachusetts Turnpike Authority (“the Authority”) in the well-publicized municipal securities SEC investigation with respect to an alleged failure to disclose material cost overruns on Boston’s Big Dig construction project. He also served as the Authority’s municipal securities disclosure officer during the investigation and designed and implemented the securities disclosure system that facilitated settlement with the SEC. Peter was appointed by the Authority’s board to the Big Dig Executive Oversight Committee and oversaw the contract administration department at the project.

Peter also advised the Authority’s board on matters of governance. When its board members were terminated by the then acting governor, he implemented the legal strategy that led to the decision of the Massachusetts Supreme Judicial Court that overturned the termination by the acting governor and reinstated the Authority’s board members. He also led contract negotiations and negotiations for reparations from joint venture construction manager Bechtel/Parsons Brinkerhoff.

Peter successfully represented Kidder Peabody for eight years in its securities arbitration hearings and regulatory enforcement matters throughout New England. At Bank of America Securities, LLC, he advised investment banking clients on restricted securities, derivative liquidity strategies and investment management consulting.

Peter worked for ten years at Alston & Bird in Atlanta, GA and Mintz Levin in Boston, MA on a variety of complex commercial  litigation matters, including banking/lender liability, securities, employment, construction, insurance fraud, and antitrust matters, including the successful trial of Charter Medical Corporation v. Mary Elizabeth Hospital, et al., before a jury in the United States District Court for the Central District of North Carolina, with respect to allegations of contracts in restraint of trade under the Sherman Act to allocate the market for hospital beds in Raleigh, NC.

Peter served as a member of the faculty of the Boston University School of Management in the Strategy and Policy Department, where he lectured in law.

A Phi Beta Kappa and summa cum laude graduate of the University of Pennsylvania, Peter earned his law degree from Duke University Law School.

Bar Admissions

• United States District Court for the District of Massachusetts
• United States District Court for the Northern District of Georgia
• United States District Court for the Eastern District of North Carolina
• Massachusetts
• Georgia

Education

• Duke University Law School, J.D., 1974. President, Duke Bar Association
• University of Pennsylvania, B.A.,summa cum laude, Phi Beta Kappa, 1974

Professional Activities

• Board member, Duke Law Club of New England