I work very hard. I understand the importance of the matters that my clients have entrusted to me.
After law school, I joined the United States Marine Corps, where I began my legal career as a Judge Advocate, serving in Okinawa, Japan, and subsequently at Headquarters Marine Corps in Arlington, Virginia. As a prosecutor, and later, defense counsel, in the Marine Corps, I tried countless courts-martial and administrative hearings.
Upon completing military service, I was an attorney with the Enforcement Division of the U.S. Securities and Exchange Commission in Washington, D.C. While with the SEC from 1990-1993, I investigated and/or litigated civil violations of the federal securities laws. I served as a federal prosecutor (Special Assistant U.S. Attorney) in Miami and Ft. Lauderdale, Florida, assigned to the Securities Fraud Unit. While assigned to that Unit, I prosecuted criminal violations of the federal securities laws, including insider trading, market manipulation, money laundering, mail and wire fraud, perjury, and making false statements to a government agency. I obtained convictions in cases involving a nationwide broker payoff scheme; a multi-state financial fraud involving cellular telecommunications; insider trading by principals of a publicly traded company; and embezzlement by a registered agent. Representative of the nature of the cases handled by me, I also investigated the marketing and sale of certain limited partnerships by a major broker-dealer, resulting in the establishment of a $292.5 million claims fund for investors, and the payment of fines to the U.S. Treasury.
I next entered private practice as a partner with a national law firm based in Richmond, Virginia, where my practice was concentrated on the representation of a major brokerage firm. In 1999, I began practice as a solo practitioner.
I was selected for inclusion in Super Lawyers in the area of Securities Litigation. I currently serves on the Richmond Bar Association’s Communications Committee, having previously served on the Administration of Justice Committee, which facilitates a dialogue between the bench and the bar on best practices. In 2014, I was appointed to serve a multi-year term on the Audit Committee for the American Association of Justice. I have a 10.0 Avvo Rating and for fourteen years an "AV" rating by Martindale-Hubbell (its highest rating).
I served as an Adjunct Professor at the University of Richmond School of Law, where I taught a course entitled, “Enforcement of the Federal Securities Laws.”
I have formerly served as both Co-Chair and Chair of the Securities Arbitration Subcommittee (Corporate and Business Litigation Committee) of the Business Law Section of the American Bar Association. I also previously held the position of Chair of the ABA’s Securities Enforcement Subcommittee (Business Law Section). For many years, I served as Chair, and then, Vice-Chair, of the Criminal Laws Committee of the ABA’s Section of Business Law. In conjunction with my work for the ABA, in 2003, I was appointed by then-ABA President Dennis Archer to serve on a 14-member commission. This special commission was formed to examine criticisms of mandatory minimum sentences raised by U.S. Supreme Court Justice Anthony Kennedy, in his August 2003 speech to the Opening Assembly at the ABA’s Annual Meeting in San Francisco. After holding extensive hearings, the Commission presented a detailed report to the ABA.
I earned a Master of Laws degree (Securities Regulation) from Georgetown University Law Center, and J.D. and B.B.A. degrees from Baylor University. I was admitted to the Bar Associations of the Commonwealth of Virginia, the District of Columbia, and the State of Texas (inactive). Additionally, I am admitted to practice in the federal court system. Also, I practice regularly before FINRA. I estimate that I have handle represented over 200 claimants in securities arbitrations. I dedicate a portion of my practice to pro-bono representation.
My wife, Emily, and I are long standing members of St. Stephen’s Episcopal Church, where we both have served on the Vestry. We have two daughters -- one is a third year at University of Virginia and the other is a sophmore at Baylor University.
|VA||Authorized to Practice Law||1989||06/26/2021|
|Award name||Grantor||Date granted|
|AV Preeminent Rated||Martindale-Hubbell||2015|
|Super Lawyer||Super Lawyers Magazine||2015|
|Super Lawyer||Super Lawyers Magazine||2014|
|Super Lawyer||Super Lawyers Magazine||2012|
|Navy Achievement Medal||U.S. Marine Corps||1988|
|Member||The Krudys Law Firm, PLC||2015 - Present|
|Member||Phelan Krudys Petty, PLC||2014 - Present|
|Member||Phelan Krudys, PLC||2012 - 2013|
|Member||Mark J. Krudys, PLC||2000 - 2011|
|Partner||LeClair Ryan, PC||1997 - 2000|
|Special Assistant U.S. Attorney||U.S. Attorney's Office, Southern District of Florida||1994 - 1997|
|Senior Attorney||Securities & Exchange Commission Enforcement Division||1990 - 1993|
|Captain - Judge Advocate||U.S. Marine Corps||1986 - 1989|
|Association name||Position name||Duration|
|American Bar Association, Business Law Section||Co-Chair, Securities Arbitration Subcommittee||2001 - 2003|
|T.C. Williams School of Law, University of Richmond||Adjunct Assistant Professor||2001 - 2001|
|American Bar Association - Justice Kennedy Commission||Commissioner||2000 - 2000|
|American Bar Association, Business Law Section||Chair, Criminal Laws Committee||1999 - 2002|
|ABA's Annual Review of Business and Corporate Litigation||Securities Arbitration||2002|
|44 DePaul Law Review 99||"Insider Trading by Members of Creditors' Committees"||1994|
|Georgetown University||LL.M - Master of Laws||1993|
|Baylor University School of Law||JD - Juris Doctor||1985|
|Baylor University||BBA - Bachelor of Business Administration||1983|
|Virginia Trial Lawyers Association||Jail and Jailer Liability: The Trial of a Jail Death Case||2014|
|Virginia Trial Lawyers Association CLE series||Securities Arbitration||2012|
|ABA's National Institute on Internal Corporate Investigations and In-House Counsel||The Role of Audit Committees in the Investigative Process and Upon a Finding of Wrongdoing||2009|
|ABA's Second Annual National Institute on Securities Fraud||Accounting Fraud: The Latest Trends and Cases||2008|
|ABA's Business Law Today Live, June 2000||White Collar Crimes: How to Keep Business Lawyers from Becoming Defendants in Criminal Prosecutions||2000|
|American Bar Association Annual Meeting||A Criminal Securities Case from Investigation to Trial||1999|
|CPA/Law Forum, Richmond, Virginia||Accountants Liability - The New Issues||1999|
|American Bar Association Annual Meeting||International Enforcement of the Federal Securities Laws||1998|
|Gaines v. Woody||$2.4 million jury verdict|
|Kellermann v. McDonough||$1.75 million settlement|
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