Robert Doty has been involved in the finance industry as a financial and legal expert for more than 35 years. As President of American Governmental Financial Services Company (AGFS), he is a financial advisor to municipal securities issuers, and is a Certified Independent Public Finance Advisor. Mr. Doty is able to communicate financial concepts to legal professionals. He has participated actively in national market organizations, and is an expert in municipal securities law, municipal disclosure, fiduciary duties, and roles and responsibilities of parties in municipal bonds offerings and other municipal securities issues. Mr. Doty has written several books and chapters and over 70 articles. He graduated from Harvard Law School.
Background
Q: Please list your professional accreditations, degrees, licenses, and certificates granted:A: B.A., University of Houston, Cum Laude
Ll.B, Harvard Law School
Certified Independent Public Finance Advisor, National Association of Independent Public Finance Advisors
Law Licenses in California, New York, District of Columbia, Texas and Ohio (inactive)
Previously, passed FINRA Series 7 (Securities Registered Representative), Series 22 (Securities Principal, twice); State securities exams—Note: The securities licenses are no longer effective
Municipal Industry Contribution Award of the National Federation of Municipal Analysts
Most Outstanding Associate Member Award of the International Municipal Lawyers Association
Q: Please list your affiliations or memberships in any professional and/or industry organizations:
A: National Association of Independent Public Finance Advisors, Vice President, Director
Government Finance Officers Association (Associate Member), former General Counsel and a Principal Drafter of municipal securities disclosure guidance
National Federation of Municipal Analysts, former Member, Board of Governors
California Society of Municipal Analysts
State Bar of California and its Public Law Section
Bars of New York, the District of Columbia, Texas and Ohio (inactive)
American Bar Association (Sections of Business Law and State and Local Government Law)
International Municipal Lawyers Association (Associate Member), Past Chair, Section of Economic Development, Taxation and Finance
National Association of Bond Lawyers (Associate Member)
Other associations and past offices
Q: Please list any teaching or speaking experience you have had, including subject matter:
A: Creighton Law School (Corporations, Advanced Corporations, Advanced Securities Law, Partnerships & Agency, Professional Responsibility)
University of Houston Law School (Corporations, Municipal Finance Law)
From late 1980s to 2001, Chair, Annual Municipal Finance Institutes, Practising Law Institute
Chair and speaker at dozens of other conferences, seminars
and workshops on finance over the past 35 years, as well as author and co-author of several books and chapters and over 70 articles, including seminal articles on municipal securities law and municipal securities disclosure, and publications on fiduciary duties and roles and responsibilities of parties in municipal bond offferings and other municipal securities transactions
Q: Have any of your accreditations ever been investigated, suspended or removed? (if yes, explain)
A: No
Q: On how many occasions have you been retained as an expert?
A: Over 100 consultations, most of which involved expert witness engagements
Q: For what area(s) of expertise have you been retained as an expert?
A: Municipal finance
Municipal securities law
Municipal disclosure
Fiduciary duties
Materiality
Roles and responsibilities of parties in municipal bonds offerings and other Municipal securities transactions
Due diligence
Responsibilities of underwriters
Responsibilities of issuers
Responsibilities of trustees
Responsibilities of counsel
Responsibilities of experts
Q: In what percentage of your cases were you retained by the plaintiff?
A: Estimate 60%
Q: In what percentage of your cases were you retained by the defendant?
A: Estimate 40%
Q: On how many occasions have you had your deposition taken?
A: Estimate 40 to 50
Q: When was the last time you had your deposition taken?
A: 2008
Q: On how many occasions have you been qualified by a court to give expert testimony?
A: Estimate 12 to 15
Q: On how many occasions have you testified as an expert in court or before an arbitrator?
A: Estimate 15 to 20
Q: For how many years have you worked with the legal industry as an expert?
A: Approximately 25
Q: What services do you offer? (E.g.: consulting, testing, reports, site inspections etc.)
A: Consulting, review of evidence, preparation of reports, expert testimony
Q: What is your hourly rate to consult with an attorney?
A: $500
Q: What is your hourly rate to review documents?
A: $500
Q: What is your hourly rate to provide deposition testimony?
A: $500
Q: What is your hourly rate to provide testimony at trial?
A: $500
Q: Please list any fees other than those stated above (E.g.: travel expenses, copy fees, etc.)
A: All out of pocket costs for travel, copying, courier or mailing, and otherwise
