Robert S. Wood

Member

Areas of Practice

Bobby Wood is an RPWB member who focuses on consumer class action cases that help people harmed by corporate greed and wrong-doing. He also sits on the firm’s three-member executive committee, which governs the firm’s day-to-day business.

Education

University of South Carolina, J.D., cum laude, 1999
University of Nebraska at Omaha, B.S., 1994

Admissions

1999, South Carolina
2001, U.S. District Court,District of South Carolina
2007, U.S. Court of Appeals, Eleventh Circuit
2013, U.S. Court of Appeals, Third Circuit

Professional Memberships

South Carolina Association for Justice
South Carolina Bar
The American Association for Justice

Representative Cases

Complex Business Disputes

Jim is counsel in Global Communications Inc. v. PDI Communications Inc. et al., in which it is alleged that DirecTV infringed upon key patents that enable the satellite provider to use a single dish unit to broadcast multiple channels throughout each customer’s house.

Mutual Fund Litigation

As fund assets grow, the cost of managing a mutual fund does not increase as exponentially as revenues generated by fees do. Jim serves as counsel in cases on behalf of investors against mutual fund advisors for charging excessive fees. A number of his cases have resulted in settlements to investors, and his work has caused some mutual funds to initiate reforms, including fee breakpoints and better oversight by boards of directors.

Insurance Industry Risk Calculations

Jim is counsel in class action litigation against AIG for its methodology of calculating a company’s risk when determining workers’ compensation premiums. The insurance company used a rolling three-year average of paid claims, but failed to consider the portion of those claims that was ultimately recouped from the at-fault party’s insurance company and other sources.

Securities Markets

Jim is counsel in a proposed class action against seven major banks for allegedly colluding in private chat rooms for years to manipulate prices in the $5 trillion per day forex market, which impacted both spot prices and futures contracts. The case, Teel v. Bank Of America Corporation et al, was filed on behalf of investors who bought foreign currency futures. It is pending in the U.S. District Court for the Southern District of New York.