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Steve Olen

EMAIL
sco@cunninghambounds.com

T (251) 471 6191T (251) 471 6191 F (251) 479 1031

Paralegal
Judy Anderson
jca@cunninghambounds.com


Legal Secretary
Sara Haase
slh@cunninghambounds.com

With citations to his credit that include one of the top Business Lawyers and Top 50 Plaintiff Attorneys in Alabama, Steve Olen is held in high regard for his success in handling complex litigation, business litigation, class actions and bankruptcy litigation. He has been lead counsel in cases resulting in numerous multimillion dollar verdicts and settlements.

Steve graduated from Princeton University in 1976 and received his law degree summa cum laude from Cumberland School of Law of Samford University in 1979. During law school he was Editor-in-Chief of The American Journal of Trial Advocacy, a member of Cumberland Law Review, and winner of the Moot Court Competition. He was admitted to the Alabama Bar in 1979. Steve resides in Daphne with his wife Sharon.

Recognized for taking on high-stakes, bet-the-company litigation cases, Steve pursues restitution on behalf of his clients with a single-minded focus characterized by integrity, creativity and the highest regard for ethical conduct. His successful results speak for themselves.

 

Recognition & Awards

  • Benchmark Plaintiff lists Mr. Olen as a "Local Litigation Star" in its Alabama rankings of personal injury attorneys
  • Listed in Best Lawyers in America® (1999-present)
  • Listed in Best Lawyers  in America® as "Lawyer of the Year: Litigation-Bankruptcy" for Mobile, Alabama  (2016)
  • Listed in Best Lawyers in America® as "Lawyer of the Year: Banking & Finance" in Mobile, Alabama (2012)
  • Listed in Best Lawyers in America® as "Mobile Bet-the-Company Litigator of the Year" (2010)
  • Listed in Super Lawyers magazine as one of the top Business Lawyers in Alabama / Mid-South Region (2008-present)
  • Listed in Super Lawyers magazine as one of the Top 50 plaintiff attorneys in Alabama (2011-present)
  • AV® Preeminent 5.0/5.0 Peer Rating

 

Significant Verdicts

Biggest offshore spill in U.S. History

Oil Spill by the Oil Rig "Deepwater Horizon" in the Gulf of Mexico | U.S. District Court, Eastern District of Louisiana | MDL 2179

On April 20, 2010, the Deepwater Horizon exploded in the Gulf of Mexico causing the deaths of 11 workers on the rig. It also caused oil to begin po...

Bondholders Reach Settlements Worth $226 Million Over Fraudulent Statements

In re HealthSouth Corporation Securities Litigation | U.S. District Court for the Northern District of Alabama, Southern Division | Case No. CV-03-BE-1500

Cunningham Bounds served as co-lead counsel for bondholder plaintiffs in a lawsuit against HealthSouth, UBS and Ernst Young for fraudulent statemen...

$102 Million Judgment Obtained in Massive Consumer Fraud Case

Hamm v. Americorp, Inc., et al. | United States Bankruptcy Court for the Middle District of Alabama | Case No. 2:11-ap-3007

Following a trial that took place in November 2013, the United States Bankruptcy Court for the Middle District of Alabama recently entered a $102,949,220 judgment against Defendants Timothy McCallan, Americorp, Inc., and Seton Corp. related to their role in what the Court deemed “an extraordinary case of fraud on a massive scale.” 

$46 Million Settlement in Defective Marine Engine Product Liability Case

Bender Shipbuilding & Repair Co., Inc. et al. v. Caterpillar Inc. et al. | Mobile County, Alabama Circuit Court | Case No. 02-CV-2010-900126 c/w 02-CV-2010901073

The firm achieved a $46 million settlement in a product liability case involving the failure of a single marine engine.  The settlement came o...

$5 Million Settlement Against Wells Fargo Home Mortgage for Use of Improper Affidavits

Brannan v. Wells Fargo Home Mortgage, Inc. | United States District Court for the Southern District of Alabama 1:14-MC-00021-WS | United States Bankruptcy Court for the Southern District of Alabama AP No. 04-01037

Firm partners Steve Olen and Steve Nicholas obtained a $5 million settlement against Wells Fargo Mortgage for the use of improper affidavits in ban...

$3 Million Paid by Chase Home Finance for Use of Improper Affidavits

Taylor et al. v. Chase Home Finance, LLC | United States District Court for the Southern District of Alabama 15-00057 | United States Bankruptcy Court for the Southern District of Alabama AP No. 06-01139

Cunningham Bounds obtained a $3 million settlement against Chase Home Finance in a case in which plaintiffs alleged that Chase provided improper af...

$2.5 Million Settlement Reached in Class Action Against CitiMortgage

Tate et al v. CitiMortgage, Inc. | United States District Court for the Southern District of Alabama 15-00058 | United States Bankruptcy Court for the Southern District of Alabama AP No. 09-1059

Partners with Cunningham Bounds obtained a $2,500,000 settlement against CitiMortgage for the use of improper affidavits in bankruptcy cases. ...

Class Action Settled Over Contaminated Gas

Loudermilk Services, Inc., et al. v. Marathon Ashland Petroleum, L.L.C. | U.S. District Court for the Southern District of West Virginia | Case No. 3:04-CV-00966

Cunningham Bounds served as lead counsel for Plaintiffs alleging that MAP sold contaminated gas to hundreds of West Virginia service stations which...

News

Oct 20, 2017

Cunningham Bounds Recognized as Leading Litigation Law Firm in Alabama

MOBILE, Ala. – Benchmark Litigation announced its 2018 directory of leading law firms and the personal injury firm of Cunningham Bounds, LLC ...

Aug 15, 2017

Lawyers of Cunningham Bounds Recognized in The Best Lawyers in America®

MOBILE, Ala. – Twelve personal injury attorneys with Cunningham Bounds, LLC law firm have been selected by their peers for inclusion in The ...

Dec 20, 2016

All Partners of Cunningham Bounds Receive 2016 Super Lawyers Ranking

Mobile, Ala. – All the partners of Cunningham Bounds, LLC were selected to the 2016 Mid-South Super Lawyers list of outstanding attorney...

Nov 14, 2016

Cunningham Bounds Named One of Alabama’s Leading Litigation Firms

MOBILE, Ala. – Benchmark Litigation has published its 2017 directory of leading law firms and the personal injury firm of Cunningham Bounds, ...

Aug 15, 2016

Lawyers of Cunningham Bounds Listed in The Best Lawyers in America® 2017

MOBILE, Ala. – Thirteen personal injury lawyers with the firm Cunningham Bounds, LLC were recently selected by their peers for inclusion in T...

Apr 18, 2016

Cunningham Bounds Settles “Robo-Signing” Class Action for More Than $10,000,000

The United States District Court for the Southern District of Alabama recently approved settlements totaling more than $10,000,000 for classes of a...

Mar 02, 2016

Bankruptcy Court Enters $102 Million Judgment Against Defendants In A Massive Consumer Fraud Case

Montgomery, Ala. – Following a trial that took place in November 2013, the United States Bankruptcy Court for the Middle District of Alabama ...

Oct 27, 2015

Benchmark Litigation Names Cunningham Bounds a Leading Law Firm

MOBILE, Ala. – In its 2016 rankings of America’s leading litigation firms and attorneys, Benchmark Litigation named Cunningham Bounds, ...

Aug 18, 2015

Attorneys of Cunningham Bounds Recognized in Best Lawyers in America® 2016

MOBILE, Ala. – Thirteen lawyers from the firm Cunningham Bounds, LLC were recently selected by their peers for inclusion in The Best Lawyers ...

Aug 17, 2015

Steve Olen & David Wirtes Honored as “Lawyers of the Year”

MOBILE, Ala. – Today, it was announced that Best Lawyers in America® honored Stephen C. Olen and David G. Wirtes, Jr. as 2016 “Lawy...

Jul 08, 2015

All Cunningham Bounds Partners Named to Alabama Super Lawyers

All the partners of Cunningham Bounds, LLC have been named to the annual list of Alabama Super Lawyers & Rising Stars.  The Super Lawyers ...

Sep 15, 2013

The Best Lawyers in America® 2014 Includes Cunningham Bounds’ Attorneys

MOBILE, Ala. – Ten lawyers from the firm Cunningham Bounds, LLC were recently selected by their peers for inclusion in The Best Lawyers in Am...

May 10, 2013

Ten Attorneys with Cunningham Bounds Named to Super Lawyers 2013

MOBILE, Ala. – Ten attorneys with Cunningham Bounds, LLC have been selected to the 2013 Alabama Super Lawyers list. Each year, no more than f...

Sep 18, 2012

Ten Cunningham Bounds Attorneys Named to The Best Lawyers in America®

MOBILE, Ala. -- Ten lawyers from the firm Cunningham Bounds, LLC were recently selected by their peers for inclusion in The Best Lawyers in Am...

Oct 05, 2011

Cunningham Bounds Attorney, Stephen C. Olen, Named “Lawyer of the Year”

Mobile, Ala. – Best Lawyers, the oldest and most respected peer-review publication in the legal profession, has named Stephen C. Olen as the...

Sep 16, 2011

Judge Asked to Rule in Favor of Vessels of Opportunity Participants: Local Boat Owners Could be Affected (Press-Register)

By: Brendan Kirby  MOBILE, Alabama — A court filing Thursday in New Orleans could speed litigation by hundreds of Gulf Coast boat owne...

Sep 01, 2011

Nine Cunningham Bounds Attorneys Named as The Best Lawyers in America®

MOBILE, Ala. -- Nine lawyers from the firm Cunningham Bounds were recently selected by their peers for inclusion in The Best Lawyers in America®...

Apr 23, 2010

RSA Announces $100 Million Settlement with UBS Warburg and three individual UBS Defendants and $33.5 Million settlement with Ernst & Young LLP

MONTGOMERY, Ala., April 21, 2010 – The Retirement Systems of Alabama (RSA), court appointed Lead Plaintiff of a class of bond purchasers of H...

Apr 20, 1996

Jury hits firm: $35 million

Mobile Register  A jury slammed American General Life and Accident Insurance Co. on Friday afternoon with what may be Mobile County's largest...

Oct 20, 1988

Woman awarded $1 million in suit

Mobile Register  The widow of a man killed in a explosion at the Louisiana Land & Exploration Co.'s Mobile Refinery in 1986 was awarded $...

Education

  • Admitted to the Bar in Alabama, 1979
  • Cumberland School of Law, J.D., summa cum laude, 1979
  • Princeton University, B.A., 1976

Affiliations

  • Member of the American Association for Justice
  • Past Treasurer, member of the Executive Committee and Chairman of the Civil Practice Committee of the Mobile Bar Association
  • Served on the Board of Directors of Alabama Appleseed, a nonprofit organization dedicated to improving social justice for all
  • Serves on the Executive Committee of the Alabama Association for Justice
  • Serves on the Executive Committee of the South Alabama Trial Lawyers Association

Reported Decisions

Better Business Bureau Accredited Business

1601 DAUPHIN STREET, MOBILE, AL 36604
1-251-471 6191 TOLL FREE 1-800-472-6191 contact@cunninghambounds.com

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