The Catholic University of America

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Professor David Lipton (center) at the annual luncheon of the alumni of Catholic University’s Securities Law Program, Nov. 2012.  At far left is J. Bradley Bennett, executive vice president of enforcement for FINRA; who was the luncheon speaker. At right is Gregory Faragasso, assistant director of enforcement at the SEC. Both men have taught as adjunct instructors in the Securities Law Program for a dozen years.Their wives, Mary and Felicia, both attorneys, also support the program.

 

 

Securities Law Program Scholarship Fund Special Drive Exceeds Goals

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Alumni, area law firms, adjunct instructors and other supporters of Catholic University’s Securities Law Program have proven quite generous in recent months. During the period from May through December, 2012, 65 donors contributed a total of $114, 225.00, meeting and exceeding a matching grant contributed by an alumnus from the class of 1983.  
 
Endowed and available for the first time for the 2012-13 academic year, the “Securities Law Program Scholarship of Excellence” initially awarded scholarships to two CUA Law students.
 
Professor Lipton, founder and director of the program, indicated that there were sufficient funds to enable the program to increase scholarship giving by roughly 150 percent.
 
“Approximately 15 percent of all alumni of the Securities Law Program have contributed to our new scholarship fund,” noted Lipton. “That is an amazing display of support, and it tells us our supporters recognize that good things are cooking within the program and also within the law school.”
 
Any second-year student who expresses interest in the Securities Law Program by October of their third semester of study may be considered for the financial award, which is based upon overall GPA as well as overall involvement in the Securities Program. The student must be enrolled in the Securities Law Program and be following its curriculum.
 
The same applies to any 3rd or 4th year student who, by October of the fifth semester of study, commits to the Securities Law Program by signing up to attain the certificate, and who has taken the necessary courses to be on track to earn the certificate. This scholarship award will also be based upon overall GPA, as well as GPA in securities focused courses.
 
“Fundraising is never easy and that’s especially true in our current climate. Our success to date would not have happened without the generosity of our alumni, and the encouragement, support, and assistance of former dean Ralph Rohner, who has done an outstanding job as the interim director of the Office of Development and Alumni Relations,” said Lipton.
 
Lipton hopes that the good work of the program, the commitment of its alumni, and the successful placement of the its graduates will register with potential law school applicants that the Columbus School of Law is a vibrant place with much to offer its student and graduates.