Shannon Wheaton
Counsel
Norton Rose Fulbright US LLP
Related services and key industries
Biography
Shannon Wheaton is a financial services, disputes and investigations lawyer who counsels broker-dealers, investment advisory firms and mortgage banks. She also has experience on both sides of the aisle in housing matters.
Professional experience
Collapse all- JD, Southern Illinois University School of Law (now the Southern Illinois University Simmons Law School), 2005
- BA, University of Missouri-Columbia, 1997
- District of Columbia Bar
- Illinois State Bar
- Missouri State Bar
Financial Services
- Helped negotiate a favorable outcome for an investment advisory firm after a former customer alleged improper sales practices and overconcentration
- Assisted a national bank in resisting the efforts of a former representative to expunge a negative event from her FINRA registration, after the event caused a seven-figure loss to the firm
- Assisted a national bank in negotiating favorable resolution of multiple suits alleging violation of the federal Fair Credit Reporting Act (FCRA)
- Handled over 150 collections matters in FINRA arbitration on behalf of a broker-dealer seeking to recover unpaid loans from its former financial advisors
- Represented a national mortgage bank in resisting a wrongful foreclosure claim with novel legal issues concerning the obligations of guarantors; decision affirmed on appeal
- Negotiated resolution on behalf of a national bank of a five-party dispute alleging cloud on title and negligent mortgage loan servicing
Housing
- Represented a large residential landlord in disputes with tenants
Corporate Transparency Act
- Published and spoke about the impact of the beneficial ownership registration requirements under the U.S. Corporate Transparency Act
- Panelist, "Corporate Transparency Act issues," Attorneys’ Liability Assurance Society, August 2023
- Panelist, "Corporate Transparency Act issues," Lexology, May 2023
- American Bar Association