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Ronald S. Betman

Partner
Chicago
T.
312.517.9552
liamE
M.
312.550.7942

Ron is a veteran trial lawyer with three decades of experience representing Fortune 100 companies, privately held entities and individuals in high-stakes, complex litigation and class action matters. 

Throughout the United States, he has a track record of achieving favorable outcomes in state and federal court at both the trial and appellate levels. In addition, Ron has defended clients in the areas of securities, commodities, class action and derivative litigation, antitrust, fraud, RICO, bankruptcy and commercial litigation of all kinds. He has also handled numerous regulatory investigations by the SEC, CFTC and state attorneys general, and he has been extensively published in this area.

*Matter completed prior to joining Benesch.

Representative Experience

  • Represented a multinational investment bank in a punitive class action alleging violations of the Commodity Exchange Act for allegedly manipulating the U.S. Treasury market. Class certification was denied and the case was resolved pursuant to Rule 68 on an individual basis only.*
  • Represented a multinational investment bank in a punitive class action seeking the recovery of postage and handling fees associated with tens of thousands of securities transactions. The First Amended Complaint was dismissed with prejudice on motion and the ruling was affirmed by the Seventh Circuit on appeal.*
  • Lead counsel prosecuting federal antitrust claims against a state governing board for youth hockey and four Tier I hockey clubs for enforcing an allegedly illegal restraint limiting Illinois to no more than four Tier 1 hockey clubs. The matter was resolved and the client began operating a new Tier I club.*
  • Lead counsel representing debtors’ estates in a three-week bench trial in support of substantive consolidation. The case was settled on terms favorable to the client.*
  • Represented a regional bank and its association in defense of a 10-count complaint alleging malfeasance in connection with its actions as a co-trustee of a large family trust. The case was dismissed in motion practice. 
  • Represented the outside directors in a securities class action seeking over $1 billion and achieved their dismissal prior to a nine-figure plaintiffs’ jury verdict.*
  • Represented a financial services company in the successful defense of a long-running antitrust MDL alleging that credit card issuers conspired to adopt and maintain arbitration provisions with class action waivers in their cardholder agreements. Following a six-week bench trial, the District Court entered judgment for the defendants and the ruling was affirmed by the Second Circuit on appeal.*
  • Represented a client in a highly complex, long-running SEC investigation related to billions of dollars of CDO investments and convinced the government not to file civil charges.*
  • Representing the management of a large real estate investment syndicate against claims relating to tax liabilities of certain limited partnership interests.
  • Litigation
  • White Collar, Government Investigations & Regulatory Compliance
  • University of Michigan Law School, 1986, J.D.
    • cum laude
    • Michigan Law Review
  • University of Michigan, 1983, BBA
    • With high distinction
    • Phi Beta Kappa
  • Illinois
  • Michigan
  • U.S. Court of Appeals for the Second Circuit
  • U.S. Court of Appeals for the Fifth Circuit
  • U.S. Court of Appeals for the Seventh Circuit
  • U.S. District Court for the Northern District of Illinois, including Trial Bar
  • U.S. District Court for the Eastern District of Michigan
  • U.S. District Court for the Western District of Michigan
  • U.S. District Court for the Eastern District of Michigan
  • Super Lawyer, Illinois Super Lawyers (2024)
  • Leading Lawyers (Commercial Litigation, 2014-present)
  • Litigation Counsel of America (Fellow)
  • Member, American Bar Association
  • Member, Chicago Bar Association
  • Member, Chicago Lincoln Inn of Court
Articles and Presentations
March 21, 2025
Mastering Daubert Challenges: A Collaborative Approach to Enhancing Expert Testimony in Litigation | Ronald S. Betman
News
January 25, 2024
16 Benesch Attorneys Selected to 2024 Illinois Super Lawyers and Rising Stars Lists
December 4, 2023
Ronald S. Betman and Theresa Cross mentioned in Crain's Chicago People on the Move
November 7, 2023
Benesch Deepens Litigation Bench, Adding Veteran Trial Lawyer Ron Betman in Chicago
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