Peter Mougey
Peter Mougey
Levin Papantonio Rafferty
316 South Baylen St.
Pensacola, FL 32502
Peter Mougey is a shareholder and the Chair of Levin Papantonio Rafferty’s Securities and Business Litigation department. He concentrates his practice in the areas of complex litigation, financial services, securities litigation, and whistleblower or qui tam litigation. Mr. Mougey has been recognized as one of Florida’s top 100 trial lawyers and a Florida Super Lawyer and has dedicated his career to championing individuals’ rights against the world’s largest companies.
Mr. Mougey has represented over 1,500 state, municipal, and institutional entities, as well as tribal sovereign nations, in litigation and arbitration around the globe. In addition, he has represented more than 3,000 individual fraud victims in state and federal court and arbitrations.
His peers have rated him AV Preeminent, the highest possible rating by Martindale-Hubbell. And most recently, in the National Prescription Opiate and Pharmacy Litigation MDL, Mr. Mougey was selected to serve as Co-Lead of the Distributor cases and serves on the Plaintiff’s Executive Committee in what has been called “the largest and most complex case in the history of jurisprudence” by the Washington Post. He also was recently credited as one of the key negotiators in the nearly $60 billion settlements with opioid manufacturer Johnson & Johnson (J&J) and the “Big Three” drug distributors AmerisourceBergen, Cardinal Health, McKesson, and national pharmacy claims. He was selected as Co-Lead trial counsel for the city of San Francisco and the state of New Mexico. Both cases were tried through closing arguments and resulted in $1.5 billion in settlements to the two clients. These two trials were the primary catalyst for the national pharmacy settlements.
Mr. Mougey routinely lectures on issues confronting the legal and business industry including “Bet the Company Litigation,” Broker-Dealer Regulation, Structured Finance, the Dodd-Frank Wall Street Reform Act, Managing Large Datasets for use in Litigation, and Quantitative Modeling. He is frequently quoted in the national press, including The Wall Street Journal, Forbes, New York Times, The Los Angeles Times, Washington Post, Barron’s, Kiplinger, Business Week, and Investment News.
Mr. Mougey advocates for the rights of investors as both the past President and member of the Board of Directors of the national securities bar, PIABA. He has also served as Chairman of the NASAA Committee, Executive Committee, and FINRA’s Improving Arbitration Task Force. Currently, Mr. Mougey serves on the PIABA Foundation charged with educating investors in conjunction with the SEC. In recognition of his long-term and sustained dedication to promoting the interests of investors, he received the PIABA Lifetime Distinguished Service Award from his peers.
Mr. Mougey received his Bachelor of Science in Business Administration, majoring in Finance, from Creighton University. He earned a Master of Business Administration from the University of Portland and graduated from Samford University’s Cumberland School of Law.
Year Joined Law Firm
- 2008
Present Position with Law Firm
- Shareholder
Areas of Practice
- Securities
- Class Action
- Qui Tam
- Business Torts
- Pharmaceutical Litigation
- Mass Torts
Bar Admissions
- Alabama
- Florida
Certifications/Specialties
- Financial Industry Regulatory Authority (FINRA) Certified Regulatory and Compliance Professional (CRCP), 2002
Education
- Cumberland School of Law, Samford University; Birmingham, Alabama; 1999 J.D.
- University of Portland, 1995 M.B.A.
- Creighton University, 1991, B.A. Finance
Classes/Seminars Taught
- Public Investors Arbitration Bar Association Meeting Session, “Discovery and Motion Practice,” October 2003
- Public Investors Arbitration Bar Association Meeting Session, “Hot Topics in Margin Cases,” October 2004
- Public Investors Arbitration Bar Association Meeting Session, “Standard Deviation, Value at Risk, and Monte Carlo; Simulations in Arbitrations,” September 2005
- Public Investors Arbitration Bar Association Meeting Session, “Countering Defense Strategies: Overcoming Red-Herring Defenses,” October 2007
- Injury Board Trial Bar Conference CLE, “The Subprime Meltdown: Greed at the Expense of Mainstreet,” June 2009
- Public Investors Arbitration Bar Association Webinar, “Case Oversight,” August 2009
- Public Investors Arbitration Bar Association Meeting Session, “Financial Preferreds- Freddie, Fannie, and Others,” October 2009
- Public Investors Arbitration Bar Association Meeting Session, “NASAA Roundtable,” October 2010
- Gulf Coast Financial Planning Association, May 2011
- NYC Bar CLE, “Prospectus Defense,” June 2011
- Practicing Law Institute’s Securities Arbitration 2011 Program, “Assessing the Case: Arbitrate, Mediate, or Negotiate?” August 2011
- Practicing Law Institute’s Securities Arbitration 2011 Program, “The Future of FINRA Dispute Resolution: Contraction or Growth?” August 2011
- Public Investors Arbitration Bar Association Webinar, “The iPad for Lawyers,” July 2012
- National Association of Trial Lawyers, “Qui Tam Litigation Update= Record Amount Recovered from Whistleblower Claims in 2012: Identifying Claims, Placing Your Cases, and Protecting Your Clients,” January 2013
- ABA Business Law Section Annual Meeting, “Bet the Company Litigation,” August 2013
- Securities Law Seminar Session, “A Comparative Discussion of Pre-Hearing Legal Issues, Strategies, and Preparation Before the Hearing: Exploring Critical Differences Among New York, California, and Texas- Evaluating the Case and Cross- Jurisdictional Considerations,” October 2013
- Public Investors Arbitration Bar Association Annual Meeting Session, Quantitative Analysis,” October 2013
- NASAA Corporation Finance Training, “Alternative Investment Products/Due Diligence,” November 2013
- Public Investors Arbitration Bar Association Annual Meeting Session, “The UBS Bond Fund Debacle: How to Tackle a Bond Fund Case,” October 2014
- North American Securities Administrators Association, “Discussion/Debate: What is the Proper Role of Alternative Products in Portfolios of Small Investors,” November 2014
- North American Securities Administration Association, “Alternative Products/Due Diligence,” November 2014
- Public Investors Arbitration Bar Association Annual Meeting Session, Case Management: “The Key to Maximizing Client Returns and Growing Your Practice,” October 2016
- National Investor Town Hall, “Managing the Risks that Can Come with Investing,” October 2016
- SAC Podcast, “Arbitration in 2017 and Beyond – Making Arbitration Great Again,” April 2017
- Kentucky Association of Counties, “Opioids and the Data Dump: The Roadmap to the Epidemic,” August 2017
- Public Investors Arbitration Bar Association Annual Meeting Session, “From the Defense Bar Perspective”, October 2018
- PRACTICING LAW INSTITUTE’S SECURITIES ARBITRATION PROGRAM, “Mediation Practicum: Best Practice Tips for Optimal Results,” September 2019
- 84th Annual IMLA Conference, Opioid Litigation Update, September 2019
- PRACTICING LAW INSTITUTE’S SECURITIES ARBITRATION PROGRAM, “Ethical Considerations for Litigating Elder Abuse Claims,” September 2021
- Attorney General Alliance Annual Meeting, “Attorney General Authority and Cities, Counties and Municipalities,” June 2021
- ABA Business Law Section Hybrid Spring Meeting, “Successor Liability: Legal & Ethical Pitfalls in M&A Transactions,” April 2022
- PRACTICING LAW INSTITUTE’S SECURITIES ARBITRATION PROGRAM, “Ethical Considerations as Clients and Brokers Age,” September 2022
- The University of Oklahoma College of Law Wilkinson Speaker Series, “Building a Successful Practice While Creating Positive Outcomes for Your Clients and Making a Difference in Your Community,” March 2023
- Puerto Rico Mass Torts, Opioid Litigation and Settlement Status, May 2023
- Mass Torts Made Perfect, 2003-2023
Honors and Awards
- Florida Super Lawyers, 2012 - Present
- AV Rated by Martindale-Hubbell, 2005 - Present
- Top 100 Trial Lawyers – National Trial Lawyers Association, 2016- Present
- InWeekly Power List – Most Influential People in Northwest Florida, 2019 - Present
- President’s Award recognizing volunteer efforts, 2007
- Leadership Pensacola, 2003
- Junior Achievement, Economics Instructor, 2006-2010
- Studer Community Institute - The John Myslak Award for Servant Leadership, 2020
- CivicCon Center of Civic Engagement - The Equity Award, 2023
Professional Associations and Memberships
- Florida Bar member, Trial Lawyers section
- Alabama Bar member, Trial Lawyers section
- Escambia- Santa Rosa Bar Association
- Public Investors Arbitration Bar Association
President, 2013
Board of Directors, 2006- 2019
Annual Meeting Committee, 2003- present
Arbitrator Recruitment Committee, 2005-present
Discovery Abuse Committee, 2004- present
Board of Directors, Young Lawyers Division, 2002-2004 - American Bar Association
- Association of Trial Lawyers of America, Securities Division
- Inns of Court, 1999-2002, 2006-2007
- Association of Retarded Citizens
President, 2011
Vice President, 2008
Board of Directors, 2004-2014
Personnel Committee, 2008-2014
Executive Committee, 2006-2014
Business Advisory Committee, 2006-2013 - Junior Achievement, Economics Instructor, 2006-2010
- St. Anne Church, Adult Fair Formation, Co-Chair, 2003-2007
- St Anne Church, Board of Directors, 2007-2010
Prior Employment
- Beggs & Lane; Pensacola, Florida