Daniel D’Costa, Esq. is the managing partner at D’Costa Law, P.C. His practice focuses on FINRA securities arbitration, fraud, personal injury, workers’ compensation, and insurance provider denials of no-fault benefits for both injured parties and health care providers. As an experienced litigator, Daniel has represented all types of clients around the nation and abroad in court and various forms of alternative dispute resolution forums. Daniel is passionate about the law, his clients and providing personal attention to each of his clients in order to make the legal process as stress free as possible while achieving the best possible outcome.
Daniel represents distressed investors who have been victimized by stock-broker misconduct as well as representing securities industry professionals in defense of enforcement actions and investigations by the SEC and FINRA, among others.. FINRA’s mission statement is “to provide investor protection and promote market integrity— and our effectiveness is crucial to the health of the capital markets.” Daniel firmly adopts these principles in his practice and believes that it is an attorney’s job to put a spotlight on investor abuse which will further strengthen the public’s trust in the markets.
Daniel also litigates all types of no-fault, personal injury, and workers’ compensation cases including car accidents, commercial trucking accidents, general negligence, slip and fall accidents, motorcycle accidents, biking accidents, defective products and wrongful death cases.
Another key area of practice that is definitely a focal point at D’Costa Law, P.C. is representing doctors and other medical care providers in the collection of unpaid medical bills for no-fault insurance claims. Daniel has multiple family members that are closely involved in the health care industry, including his wife, who is a Family Medicine resident at a long island hospital.
Honors and Activities: Ranking: Top 15% Moot Court Honor Society Appellate Division – Vice President South Asian Law Student Association - Treasurer Platinum Pro Bono Award (1,000+ hours of pro bono work) Access to Justice AwardPublic Investors Advocate Bar Association (PIABA)Member Since: 2020
Nassau County Bar AssociationMember Since: 2019
Justia MemberMember Since: 2020
Top 100 MagazineMember Since: 2020
New York State Bar AssociationMember Since: 2020
Lawyers of DistinctionMember Since: 2021
The National Academy of Personal Injury AttorneysMember Since: 2020
2021 Super Lawyers New York Metro Rising Stars
2022 Super Lawyers New York Metro Rising Stars$2.8 Million FINRA Arbitration Award. Michael Shain, David Petterson, Robert R Reichle, et al. vs. First Standard Financial Company LLC, et al. FINRA CASE ID 19-03839
Represented a group of investors in a suitability claim related to the systemic churning of accounts.
$500,000 FINRA Arbitration Award. Robert Crane vs. Wynston Hill Capital, LLC, Christopher Joseph Nelson, Joseph Morris Thurnherr, et al. FINRA CASE ID 19-02155
Represented a farmer and his wife in Iowa in a churning case whereby the broker charged over 90% of the accounts value in commission in four months.
$60,000 FINRA Arbitration Award. Pamela A Frost IRA vs. Laidlaw & Company and Kevin R. Wilson. FINRA CASE ID 19-01199
Represented a retired former Lowe’s Home Improvement employee in an unauthorized transactions case whereby the broker purchased and sold a private placement security without her permission.
FINRA CASE ID 20-02420 TIM DAVID HAKES VS. THE O.N. EQUITY SALES COMPANY
Description/Success Story/Testimonial: Successfully obtained expungement of all three customer complaints on a registered securities representative’s BrokerCheck CRD report.
FINRA CASE ID 20-02391 Alan Walton Sharpe vs. Prudential Equity Group, LLC
Description/Success Story/Testimonial: Successfully obtained expungement of two customer complaints on a registered securities representative’s BrokerCheck CRD report. The complaints dated back to over 10 years.
FINRA CASE ID 20-01292 Andrew Ryan Goldberg vs. Metlife Securities, Inc. & 652635/2021 ANDREW Ryan GOLDBERG v. FINANCIAL INDUSTRY REGULATORY AUTHORITY, INC. (FINRA)
Description/Success Story/Testimonial: Successfully obtained expungement of all three customer complaints on a registered securities representative’s BrokerCheck CRD report and also obtained Judicial Confirmation of the Award in New York State Court.
FINRA CASE ID 20-01667 Primo Bushati vs. Bankers Life Securities, Inc.
Description/Success Story/Testimonial: Successfully obtained expungement of all two remaining customer complaints on a registered securities representative’s BrokerCheck CRD report.
(Undisclosed) 17-19-1135-5630 2020
Description/Success Story/Testimonial: Obtained several full 100% denied no-fault benefits for a health care provider where we successfully established entitlement to no-fault compensation for medical services including office visits, range of motion (Rom) testing, and manual muscle testing (MMT).
(Undisclosed) N/A 2019
Description/Success Story/Testimonial: (Citation omitted as per settlement agreement) secured a $1.2 Million Settlement on behalf of multiple investors that were victimized by the same stock broker who churned their accounts to generate excessive commissions.
(Undisclosed) N/A 2019
Description/Success Story/Testimonial: (Citation omitted as per settlement agreement) secured a $105,000 settlement against a national brokerage firm In a dispute involving the purchase of unsuitable investments and portfolio overconcentration.
(Undisclosed) N/A 2020
Description/Success Story/Testimonial: (Citation omitted as per settlement agreement) secured a $75,0000 settlement for an elderly couple who invested in a fraudulent private placement designed to personally benefit the brokerage firm.
(Undisclosed)
Description/Success Story/Testimonial: Reviewed, filed, and processed over 5,000 denied no-fault claims. Organized the entire collections process for the office which included: computer file system organization, delegation of responsibilities, and training of medical staff in completing suitable submissions of medical bills to the insurance providers.
