Matthew Potter consults with clients and oversees Rust’s Securities and Exchange Commission practice in Rust’s Faribault, Minnesota office. Rust’s best-in-class approach results in faster distribution and higher claim rates in SEC matters. Rust has distributed more than $2 billion in this practice area in an 18 month time-span.
Potter works closely with the SEC on market timing and Fair Fund settlements. From initial consultation to final resolution of a settlement, Potter closely collaborates with counsel, special masters, independent distribution consultants and economic experts.
Potter oversees settlements including the $225 million MFS settlement, the $250 million Alliance Bernstein settlement, the $275 million Prudential settlement, and the $515 million Bank of America Nations Funds and Columbia Funds settlements. Potter also has experience working with attorneys general.
Since joining Rust in 1999, Potter has worked on all aspects of claims administration, including project management, claims processing, and distribution on more than 500 settlements, including the Compact Disc MAP antitrust settlement, the American Airlines frequent flyer settlement, and the Mylan Laboratories settlement.
Potter, his wife and three children live in Waseca, Minnesota. Potter’s children keep him very active, as does his passion for golf.
thought leadership
Author, "Class Action Perspectives - Class Notice & Settlement Administration: Avoiding the Pitfalls - Part II" (August 2007).
EDUCATION
B. A. in accounting, Mankato State University (Minnesota)
LICENSES
Potter is a licensed CPA with national audit and financial management experience.