December 4, 2017
NASHVILLE (Dec. 4, 2017) – Nelson Mullins Riley & Scarborough LLP announced today that Gary M. Brown will join the Firm as a partner in the Nashville office on Jan. 2, 2018. For the last six years, Brown has been the CEO of CMG Life Services Inc., an integrated company serving the life settlement industry, which during his tenure assembled or managed life settlement portfolios of more than $4 billion for institutional clients. During that time, he and another business associate also sold a company that they had acquired in 2004 to a Boston-based private equity firm.
“I’ve enjoyed my time at CMG. It provided me with a wonderful opportunity, for which I am grateful. Our marketplace has shifted, however, and CMG plans to exit the life settlement business at the end of this year. That timing has worked out well for me as I have been planning a return to law practice for over a year. I’m eager to get back to practice,” Brown said. “I’ve missed serving clients. I’ve missed the comradery – that’s the main reason that I’ve maintained and, in fact, increased my Practising Law Institute (PLI) activities the past few years,” he added.
“Gary has a national reputation in securities law. His experience in this area will be a great asset to our clients,” said Nelson Mullins Managing Partner James K. Lehman. “We are pleased to have him join our Firm and welcome him as our partner.”
Prior to joining CMG Life Services Inc., Brown had practiced securities law for 30 years and, most recently, was a partner in the Nashville office of a large regional law firm, where he focused on securities compliance and corporate governance matters. He also taught securities law at his alma mater, Vanderbilt University Law School, and has been a frequent presenter and author on that subject, most significantly for PLI.
Brown also had two stints of public service. First, he served as special counsel (Minority) to the United States Senate’s Governmental Affairs Committee during the Senate’s investigation of the Enron Corporation collapse. During that time, he also advised the Senate’s Permanent Subcommittee on Investigations (PSI) on aspects of the Sarbanes Oxley Act. Later, he was engaged by the PSI to assist in its investigation into the role of Goldman Sachs in in the 2008 financial crisis and, while there, provided advice on certain aspects of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act.
“Gary brings tremendous knowledge and experience to the Firm. He’ll be great asset to our practice, clients, and lawyers. We look forward to working with him again,” said Nashville Managing Partner Larry Papel, who was Brown’s law school classmate and previously his law partner.
The Nashville office of Nelson Mullins, which opened in 2012, has grown to 20 attorneys. Its attorneys practice primarily in the areas of corporate and securities, real estate, technology, healthcare, and commercial litigation.
Established in 1897, Nelson Mullins has more than 550 attorneys and government relations professionals with offices in 10 states and Washington, DC. For more information on the Firm, go to www.nelsonmullins.com.
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