Vincent Louwagie is a shareholder of Anthony Ostlund Baer & Louwagie, and a trial lawyer who practices in all areas of business litigation with an emphasis in investment matters. He is consistently and widely recognized as one of the top business litigators in the state of Minnesota.

Vince's practice is enhanced by his previous experience as a financial auditor with KPMG. That background allows him to better understand the transactions and financial reports that form the backbone of his clients’ investments. He has litigated disputes involving investments of all kinds, and has tried cases to arbitration award or jury verdicts.

Broker Dealer and Securities Experience

Vince’s financial auditing experience informs his representation of broker dealers, registered representatives and customers in securities matters. He has represented in excess of 30 broker dealers and investment advisor companies.   He regularly advises and represents one of the pre-eminent independent broker dealers in the country on a wide variety of planning and other issues, including regulatory, risk, employment, and customer-related issues.  Vince has served as a mediator on several occasions to resolve investment-related disputes.

Shareholder Dispute Experience

Vince has extensive experience in shareholder disputes. In 1998, Vince represented the prevailing party in the seminal Minnesota Supreme Court case of Wessin v. Archives, 581 NW2d 380, (1998), which set the standard for distinguishing between direct and derivative claims by shareholders.

He has served as a board appointed Special Litigation Committee for a number of Minnesota Companies and as a court-appointed Consensual Special Magistrate. As Consensual Special Magistrate, Vince presided over an 8-day trial and his decision and order was upheld by the Minnesota Court of Appeals on all substantive grounds. ROA, Inc. v. Nicholson, No. A12-1695, 2013 WL 2460354 (Minn. Ct. App. June 10, 2013).

Law Firm Partner Dispute Experience

Because lawyers are the most sophisticated consumers of legal services, Vince is proud to have been selected on numerous occasions to represent lawyers and law firms in connection with law firm owner disputes. Vince tried one such case to a successful jury verdict obtaining a multi-million dollar judgment on behalf of Brian Williams in the case of Williams v. Heins, Mills & Olson.

Referrals and Testimonials

Vince considers referrals from other lawyers (many of whom have opposed Vince in litigation) his greatest compliment. Vince has earned the respect of hundreds of referring lawyers from all over Minnesota and beyond.

"As an estate and trust lawyer who has helped many clients with business planning, I have frequently turned to Vince Louwagie when clients needed vigorous representation in complex business litigation. Vince is creative, intelligent, persistent and experienced. Both my clients and I have come to rely upon his judgment, knowledge and skill. I have no hesitation in recommending him to my clients."

— Alan Yanowitz, Estate and Trust Lawyer, Rochester, Minnesota

Towley v. Tavernetti

Served as a special litigation committee (SLC) in a business dispute between the owners of PowerBlock, Inc., a Minnesota Corporation. PowerBlock appointed Vince Louwagie to investigate, evaluate, and make a determination as to whether it was in the best interests of the corporation to pursue certain claims asserted on behalf of the corporation.

Kingsboro, LLC and Ranjit Singh v. Berthel Fisher

Successfully defended a claim by an individual investor against an independent broker/dealer alleging in excess of $1 million in damages. The investor alleged that several real estate related investments, which later failed, were misrepresented to him and were unsuitable. After a three-day hearing before a FINRA arbitration panel, the claims were denied in their entirety.

Confidential AAA Arbitration

Pursued significant accounting malpractice claims against a Big Four accounting firm on behalf of a group of individual clients. After months of discovery including over a dozen depositions and two weeks of arbitration during which numerous representatives of the accounting firm were cross examined by Mr. Louwagie, Anthony Ostlund was able to negotiate a settlement for its clients.

Govern et. al. v. Berthel Fisher

Successfully defended broker dealer through Finra arbitration hearing on customer claim. Claimants sought hundreds of thousands but were awarded zero. Panel ordered claimants to pay the vast majority of the hearing session deposits.

Tucker et. al v. Berthel Fisher

Successfully defended broker dealer through Finra arbitration hearing on customer claim. Claimants sought millions but were awarded zero. Panel ordered claimants to pay the vast majority of the hearing session deposits.

Soderstrum v. Berthel Fisher

Successfully defended broker dealer through Finra arbitration hearing on customer claim. Claimants sought hundreds of thousands but were awarded just $20,000.

Double Black Diamond d/b/a Red Cow v. City of Minneapolis

Successfully obtained restraining order against city in dispute and subsequent settlement relating to a parking restriction which would have had a serious impact on the restaurant business.

Markuson v. Crossroads Mall

Successfully defended mechanics lien case through trial in Dakota County District Court.

Hamelink v. Hamelink

Marital Dissolution case tried to Scott County District Court verdict.

Piper Jaffray v. Dain Rauscher

Successfully prosecuted raiding claim through Finra arbitration hearing.

ROA Inc. et. al v. Nicholson, et al.

Served as Consensual Special Magistrate presiding over eight-day trial. Decision on the merits affirmed on appeal on all substantive grounds. ROA, Inc. v. Nicholson, No. A12-1695, 2013 WL 2460354 (Minn. Ct. App. June 10, 2013)

Confidential Settlement Dispute

Successfully obtained confidential settlement for client in dispute with competitor and employee involving misuse of confidential information and competitive hiring.

Employment Law

Successfully represented Susan Thornton in dispute with certain Republican members of state legislative staff over her employment as director of Legislative-Citizen Commission on Minnesota Resources.

Recent Broker Dealer Representation

Vince has successfully represented broker dealers and registered representatives in defending against literally hundreds of claims since the start of the Great Recession. While many of these matters are resolved on a confidential basis, in the past several years several have gone through a hearing, and Vince’s clients have prevailed. Vince has represented clients through arbitration hearings since 1989.

Committee Member, drafting or amending the Minnesota Business Corporations Code, Revised Uniform Limited Liability Company Act, and the Minnesota Public Benefits Corporation Act

Past President, Board of Directors, Hennepin County Bar Foundation (HCBF)

Chair of the Development Committee (2014-2016), Hennepin County Bar Foundation (HCBF)

HCBA Representative, Minnesota State Bar Association Assembly

Member, Minnesota Chapter of the Federal Bar Association

Member, Hennepin County Bar Association

Member, Minnesota State Bar Association

Member, Private Business Governance Committee, Minnesota State Bar Association's Business Law Section

Member, Federal Bar Association

2016-2017 Chair, Partners in Excellence Annual Fund for University of Minnesota Law School

Vincent Louwagie featured in Hennepin Lawyer: 2018-2019 HCBF President; Link to PDF of article only; November / December, Vol. 87, Issue 6

Lessons From Jury Service, Attorney At Law Magazine - Twin Cities Edition, September 2015

Minnesota Public Benefit Corporation: Vehicle for Public Good or Abuse?, Attorney At Law Magazine - Twin Cities Edition, November 2014

Damages in Fraud Cases, Not Just Out-Of-Pockets, co-authored with Andrea Davenport, The Hennepin Lawyer, July 2013

Business Valuations in Marital Dissolutions, Attorney At Law Magazine - Twin Cities Edition, February 2013

Cutting the Cost of Derivative Claims: The Role of the Special Litigation Committee, co-authored with Cory D. Olson, Bench & Bar of Minnesota, March 2009

Will Counsel Please Take the Stand? The Hennepin Lawyer, February 2001

When Abel Sues Cain: How Minority Shareholders Seek Redress for Corporate Wrongs in Light of Wessin v. Archives, The Hennepin Lawyer, September 1999

Private Securities Litigation Reform Act of 1995 and Investors’ Rights, The Hennepin Lawyer, March/April 1996

Business and Tax Considerations with Minnesota's New LLC Act (Webinar), MN CPA Society of Certified Public Accountants, December 1, 2016

Flex Your Fiduciary Duties: Options, Opportunities and Decision Points Under the New LLC Act, Minnesota Continuing Legal Education, May 3, 2016

Business Law Series: New MN LLC Act - Rights of Minority Owners, Minnesota Continuing Legal Education Panelist, February 16, 2016

The New Minnesota LLC Act, Minnesota Continuing Legal Education, August 11, 2015

Business Law Series: New MN LLC Act - Rights of Minority Owners, Minnesota Continuing Legal Education, January 23, 2015

Public Benefit Corporation Seminar: Unique Litigation Traps and Issues, Minnesota State Bar Association, MN CLE, August 28, 2014

Remedies and Damages Series: Damages in Fraud Cases - Not Just Out-Of-Pockets, Minnesota State Bar Association, MN CLE, August 20, 2014

Mock Securities Arbitration Presentation for Brokerage Firm, July 19, 2014

Drafting Dispute Resolution Agreements: Top Traps for the Unwary, Minnesota State Bar Association, MN CLE, October 28, 2013

Understanding the Legal Basis for Shareholder Disputes in Closely Held Businesses, Minnesota State Bar Association, MN CLE, October 28, 2013

How to Litigate a Case in Minnesota State Court - When the Opposing Lawyer Crosses the Line: Effective Responses to 5 Common Discovery Abuses, Minnesota State Bar Association, MN CLE, October 2, 2013

Winning Discovery: Successful Strategies, Processes and Best Practices, Minnesota State Bar Association, MN CLE, November 27, 2012

Mastering the Deposition Process from Beginning to End, Hennepin County Bar Association, May 10, 2011

Handling Challenging Depositions, Hennepin County Bar Association, April 6, 2010

How to Litigate a Case in Minnesota State Court, Minnesota State Bar Association, MN CLE, March 3, 2010

Twombly & Iqbal: The Death of Notice Pleading?, Minnesota State Bar Association Civil Litigation Section, February 8, 2010

Candid Conversations between the Bench & Bar, Hennepin County Bar Association, November 5, 2009

Business Law 101: The Ongoing Business - Business Opportunities as a Company Asset, Minnesota State Bar Association, MN CLE, November 16, 2009

Handling Challenging Depositions, Hennepin County Bar Association, October 12, 2009

Strategic Discovery: How to Fight Discovery Abuses and Win Discovery Disputes, Minnesota State Bar Association, MN CLE, May 20, 2009

Business Law 103: Business Opportunity as a Company Asset, Minnesota State Bar Association, MN CLE, August 9, 2007

Business Law 102: Divorce Business Style - Litigation among Corporate Shareholders and LLC Members under Sections 302A.751 and 322B.833, Minnesota State Bar Association, MN CLE, August 16, 2007

Business Law 102: Divorce Business Style - Litigation among Corporate Shareholders and LLC Members under Sections 302A.751 and 322B.833, Minnesota State Bar Association, MN CLE, August 29, 2006

Sarbanes-Oxley Act, Lorman Education Centers, Bloomington, MN, May 17, 2006

Divorce Business Style: Litigation among Corporate Shareholders and LLC Members under Sections 302A.751 and 322B.833, Minnesota State Bar Association, MN CLE, March 31, 2006

Business 202 Seminar: Divorce, Business Style, Minnesota State Bar Association, MN CLE, August 3, 2005

Business 202: "Divorce, Business Style - Litigation Amongst Corporate Shareholder and LLC Members under Sections 302A.751 and 322B.833," Minnesota State Bar Association, MN CLE, August 13, 2004

Fundamentals of Organizing Minnesota Corporations Seminar, Minnesota State Bar Association, MN CLE, August 7, 2003

Arbitration Fundamentals Training/Mock Arbitration: Presentation to a regional securities broker/dealer and its registered representatives, June 6, 2003

Professional Dilemmas in the Representation of Corporations and Institutions, Ethics & Elimination of Bias seminar sponsored by Minnesota CLE, April 29, 2003

Ethics and the Elimination of Bias. Seminar, Minnesota Institute of Legal Education, March 2003

The Fundamentals of Organizing Minnesota Corporations - "Planning to Avoid Shareholder Disputes," Minnesota State Bar Association, 2002

Accountants’ Liability Seminar, Minnesota Institute of Legal Education, 2002

Brokerage Raiding Seminar, Hot Trends in Securities Arbitrations, 2002

The General Practitioner’s Guide to Advising the High-Tech Start-Up Company, 2001

Hennepin County Bar Association Fundamentals of Organizing Minnesota Corporations, Minnesota State Bar Association, 2001

Securities Law for Non-Securities Lawyers, Minnesota Institute of Legal Education

Minority Shareholder Disputes. Seminar - 2001, Minnesota Institute of Legal Education, 2001

Securities Laws Recent Developments, Minnesota Institute of Legal Education,1998

How to Avoid Spending Time and Money with Lawyers-Compliance Seminar for Registered Representatives, 1998

White Collar Crime: Lying, Cheating & Stealing for Everyone, Minnesota Institute of Legal Education, 1995

Broker/Dealer Compliance Systems and Supervision of Registered Representatives: Issues in Arbitration, 1994

Mr. Louwagie has also provided private training to groups of securities brokers and arbitrators relating to securities arbitrations.


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