Hugh D. Berkson is a Principal attorney at McCarthy Lebit and focuses his practice in securities arbitration and litigation. After gaining extensive trial experience in both business and personal injury litigation, he began representing injured investors who lost money in the stock market or thanks to fraudulent conduct of financial advisors. Hugh tries and arbitrates investment cases and performs much of the required technical analysis. He works carefully with his clients as the case strategy develops because he believes that a close relationship allows the client to fully understand the value of their case and be able to make decisions accordingly. While Hugh prides himself on his ability to settle both small and large, complex cases, he has considerable experience taking cases to trial or arbitration with successful results.

Hugh obtained a business degree in Finance from the University of Texas at Austin and is a graduate of Case Western Reserve University School of Law, where he was a member of the Order of the Barristers and received both the American Jurisprudence Award (National Mock Trial) and the Jonathan M. Ault Mock Trial Prize. He later served as an Adjunct Professor at Case Western Reserve University School of Law, where he taught trial practice.

Hugh is the past President of the Public Investors Arbitration Bar Association (PIABA), an international legal association composed of practitioners who represent investors in disputes with the securities industry. He also serves on PIABA’s Board of Directors. Hugh regularly participates as both a moderator and panelist at PIABA’s national meetings and seminars and also has been a panelist at the annual nationally simulcasted PLI Securities Arbitration Program in New York City, as well as the Ohio Securities Conference.  He has served as a resource regarding important issues concerning American investors, and has been quoted by the Wall Street Journal, Investment News, On Wall Street, Financial Planning, Cleveland Plain Dealer, Pittsburgh Post-Gazette and other media outlets. Hugh maintains a Martindale-Hubbell® Peer Review rating of AV® Preeminent.

Hugh D. Berkson

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Methodology for Selection

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  • University of Texas, Austin
    • Bachelor of Business Administration
  • Case Western Reserve University School of Law
    • Juris Doctor


  • Ohio
  • U.S. District Court Northern District of Ohio
  • U.S. District Court Southern District of Ohio
  • U.S. Court of Appeals, 6th Circuit


  • Ohio Super Lawyers® 2013-2022
  • Martindale-Hubbell® Peer Review Rating of AV® Preeminent™
  • Avvo Rating of 10.0 Superb


  • Public Investors Arbitration Bar Association, Board of Directors, Director 2020
  • Public Investors Arbitration Bar Association, Board of Directors 2011 - Present, President 2015 - 2016
  • Cleveland Bar Metropolitan Association, Member
  • Cuyahoga County Office of Alternative Dispute Resolution, Arbitrator


  • "Robinhood Service Outages Create Headaches - But There's a Cure," McCarthy Lebit Blog, July 2021
  • "Robinhood May Be Liable If You Lose Money Based On Its Recommendations," McCarthy Lebit Blog, February 2021
  • "Robinhood Restricts Purchases of GameStop, AMC, Other Securities - Do I Have a Claim?," McCarthy Lebit Blog, January 2021
  • "My Broker Stole My Stock!," McCarthy Lebit Blog, December 2020
  • When is "Stay the Course" Code for "Please Don't Sue Me?"," McCarthy Lebit COVID-19 Blog, March 2020
  • "Unpaid Arbitration Awards: The Case For An Investor Recovery Pool," PIABA Report, March 2018
  • "Automobile Loan Backed Securities: History On the Verge Of Repeating Itself," Stockmarket Loss Blog, August 2017
  • "Investors may have recovery options when investments go wrong," Smart Business Magazine, February 2017
  • "BrokerCheck – the Inequality of Investor Access to Information Remains Unabated – An Update to PIABA’s March 2014 Report,” PIABA Report, October 2016
  • “Unpaid Arbitration Awards: A Problem the Industry Created – A Problem the Industry Must Fix,” PIABA Report, February 2016


  • PIABA National Meetings and Seminars, Panelist and Moderator
  • PLI Securities Arbitration Program, Panelist
  • Ohio Securities Conference, Panelist

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