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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 and financial services company in a putative class action alleging violations of the Commodity Exchange Act for allegedly manipulating the U.S. Treasury market and injuring holders of short positions who were forced to cover at higher prices. Class certification was denied, and the case was resolved pursuant to Rule 68 on an individual basis only.*
  • Represented a multinational investment bank and financial services company in a putative 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. The ruling was affirmed by the Seventh Circuit on appeal.*
  • Represented debtors’ estates in a three-week bench trial in support of substantive consolidation. Judge Sonder by of the U.S. Bankruptcy Court in Chicago ruled in the debtors’ favor on certain claims and against the debtors on other claims. The case was settled on terms favorable to the client.*
  • Representation of clients before the Securities and Exchange Commission – Successful representation of numerous companies, hedge funds, and individuals before the SEC in private, formal investigations.*
  • Represented lead underwriters in a shareholder class action involving two public offerings by a privately owned moving industry holding company and after the court's partial grant of the underwriters' motion to dismiss, the parties resolved the case through an agreement, absolving the underwriters from any financial obligations.*
  • Lead counsel in prosecuting federal antitrust and related state law claims against state governing board for youth hockey and four Tier I hockey clubs for allegedly enforcing an illegal restraint that prohibits no more than four Tier I hockey clubs in Illinois. The matter was resolved, and the Reapers begin operating a Tier I club in the 2021-22 hockey season.*
  • Represented regional bank and its association in defense of a 10-count complaint alleging malfeasance in connection with the client’s actions as a co-trustee of a large family trust. The case is currently in the pleadings phase.*
  • Represented a financial services company in the successful defense of 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 issuers on plaintiffs’ antitrust claims for injunctive relief against the challenged arbitration provisions. The ruling was affirmed by the 2nd Circuit on appeal.*
  • 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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