A look at the career growth of Fortress’s CEO, Randal Nardone

When listing individuals who have helped revolutionize the way people view asset management companies completely, Randal Nardone’s name always takes the top spots. Mr. Nardone who is one of Fortress’s investment group principals is renowned for his top-notch knowledge in finance-related matters and his list of achievements while at Fortress is sufficient proof that he is indeed a force to reckon with and the cornerstone of the company.

Before establishing Fortress, Randal Nardone had worked with various high profile companies. His journey to becoming the influential figure we see today began at the University of Boston where he majored in law and even emerged with a Juris Doctor. He then went ahead to lay the foundation for his career in law by working as an executive committee member and also a partner at Thacher Proffitt & Wood law firm.

However, his passion was not in law, and after a few years here, Randal changed his course and turned to the world of finance. His skills saw him secure a principal position at Blackrock financial management where he worked till 1997 before shifting to Union Bank of Switzerland. Here he worked for one year but the skills and proficiency that he had, surpassed the managing director position that he had at the bank, and in respect to that, he left UBS to co-found Fortress.

A decade later, his move from UBS to co-found Fortress has proven to be incredibly beneficial as the company is now one of the most renowned alternative asset management firms. The growth of Fortress has also brought him a vast array of benefits, and he is now one of the individuals who make up the Forbes Billionaire list with a net worth of over $1.8 billion. Nevertheless, Randal Nardone deserves all the good fortunes that he has now as he has contributed massively to the growth of Fortress. As the CEO and COO of various subsidiaries in the company, Mr. Nardone boasts a proven track record of steering each division that he heads to success. For instance, it is through his efforts and the contributions of other leaders in the firm, that Fortress was recognized as the Management Firm of the year among many other titles. Randal Nardone has also spearheaded the formation of many of its subsidiaries such as the Fortress Investment fund IV and V.

Today, Randal Nardone serves as one of the principals and also CEO’s of Fortress and in addition to that, serves many other senior roles in other companies. For instance, he serves as the Vice president and Secretary of Newcastle Investment holdings, President and chairperson of Springleaf financial holdings, director of Alea Group Holdings Bermuda limited, and president of Ncs 1 LLC president among many other roles.

Karl Heideck As A Litigation Attorney

Litigation attorney’s work involves representing individuals, real estate firms as well as criminal clients. These lawyers prepare the cases for trial however, up to 90 percent of these cases do not go to trial. Most of the cases are solved out of court. In criminal cases, the accused usually request for a deal. In the event of a personal injury, civil injury and real estate cases, the complainant often receives a settlement.

In most cases, litigation lawyers work for law firms which employ several attorneys. Some of the lawyers prefer to work in boutique firms while others prefer to have a private practice. Big law firms in most cases have litigation departments while others have sub-departments for real estate, business, patents as well as other types of law. While most of the litigation lawyers work in the private sector, others prefer to work for the government. Many of the government attorneys work in criminal law as prosecutors while civil lawyers work for municipalities.

Some companies are big enough, and as such, they employ their representatives. Banks, insurance companies, and other financial institutions are some of the organizations which have their litigation attorneys. Organizations with some attorneys may have a few working on a case while the senior lawyers are supervising them.

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When a litigation lawyer is acting on a new case, they first start with doing a few investigations such as getting witness statements, collecting documents as well as obtaining the required evidence to strengthen a case. Once they acquire the necessary information, the lawyers then contact the attorney of the other party to agree. If an agreement is arrived at before the both sides go to court, it saves them a significant amount of money.

Karl Heideck is a lawyer who specializes in compliance practice as well as risk management. He is endowed with strong research skills as well as interrogation and negotiation skills. Karl Heideck also possesses the capability to interpret laws and legal terminologies.

Karl Heideck studied at the Swarthmore College. He received his Bachelor of Arts in 2003. Later on, Karl Heideck went to learn at Temple University where he graduated in 2009. In 2010, He acquired his practice license and had been practicing for seven years.

Visit karlheideck.com for more information about Karl Heideck.

Aspiring to the SEC Golden Whistleblower Status

Becoming an SEC Whistleblower greatly enhances the bank account and life afterward. This is how life was changed for one former company employee who cooperated with the Securities and Exchange Commission’s Whistleblower Program. There are specific legalities to be aware of when working in the world of investments. Since the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, there have been dedicated efforts for the Washington insiders on the regulatory side of this to ban together to create a template that will be very lucrative to follow when on the side of those who can expose the ‘dirty capitalists’ behind the walls of Wall Street. The boondoggle that is now a new career for so many great lawyers starting with Jordan A. Thomas.

When many of the legal magazines that recognize great lawyers write articles that recognize accomplishments they will certainly be writing regularly about the rise to the top of the SEC Whistleblower lawyer. Jordan A. Thomas is one such lawyer who was a former Assistant Director and Assistant Chief Litigation Legal Expert in the Enforcement Department of the SEC. He lead the effort to write the rules and regulations for this program so that sanctions could be appropriately placed on violators. Of course, to have violators, the ones who perform the expository endeavors must be guided so that the claims they will be making will be accepted as bonafide evidence in a legal court. As well, the person or persons who will be risking their reputations, careers and livelihoods for the rest of their lives will be protected. Without the proper protection from the program, no one would ever aspire to lose their ability to earn a living after being blackballed by employers who typically would retaliate against rats who expose them as has happened as a rule in the past.

This protection that is laid out by the SEC Whistleblower Program. It is essential for promoting this new occupation that is somewhat high risk although pays off very very well as commissions range from ten to thirty percent of the violator’s sanctions. These are well over the tens of million of dollars. In fact a commission alone as mentioned earlier is just under $20 million dollars. This is after the legal team gets their share which is much more than thirty per cent. What is certain is that life is good for the SEC Whistleblower attorney and for the whistleblower.