Karl G. Dial, a partner in Fulbright & Jaworski L.L.P.'s Dallas office, practices in the firm's Litigation Section. He concentrates his practice in the area of complex commercial litigation, including cases involving director and officer liability, securities litigation, legal and accounting malpractice litigation, environmental litigation and information technology litigation.

Karl has extensive experience litigating in federal and state court and before arbitration panels, having tried dozens of cases in state and federal courts and before arbitrators with the National Association of Securities Dealers and the American Arbitration Association.

Karl has been a Certified Public Accountant since 1984 and has been Certified as a Civil Trial Specialist by the Texas Board of Legal Specialization since 1989. 

His recent matters include:

• Trial to a jury of breach of fiduciary duty claims by a minority interest owner against the management of two companies that sell all the prepaid products to several major retailers. The jury found that our clients fully complied with their fiduciary duties.
• Representation of directors, officers and/or accountants in numerous class action securities cases.
• Trial to a jury of an auditing malpractice case, which settled after a week of trial.
• Trial to a jury of a case involving breach of a stock purchase agreement for a company that developed a GPS vehicle tracking system.
• Trial to a jury of a case defending against claims of legal malpractice.
• Representation of former officers and directors of companies who were sued by bankruptcy trustees.
• Representation of a "Big 4" accounting firm in numerous malpractice lawsuits, including cases alleging audit malpractice which involved:
  • claims by hundreds of investors in several venture capital funds with damages alleged in excess of $100 million; and
  • claims by a failed retail business with damages alleged in excess of $30 million.
• Trial of claims against a Brazilian investor in a complex case involving a breeding operation for imported Lusitano horses, a real estate development and partnership issues.
• Trial of claims against an international electronics giant involving allegations of fraud and breaches of warranties in connection with goods purchased from a maquiladora plant in Mexico owned by the international electronics company.
• Representation of a lender in a derivative case brought by the members of a rural electric cooperative in Alabama against the cooperative and its lender.

• American Bar Association
• State Bar of Texas
• Dallas Bar Association
• Texas Law Review Association, Director

• Former Administrative Partner of the Dallas Office
• Texas Bar Foundation, Fellow
• Dallas Bar Foundation, Fellow
• Board Certified in Civil Trial Law since 1989
• "Super Lawyer," Texas Monthly magazine
• "Best Lawyers in America," published by Woodward/White, Inc. 

• "Director & Officer Liability and Insurance Coverage," The University of Texas, November 2004
• "Attorney Malpractice," Dallas Bar Association, October 2000
• "SEC's Recent Regulations on Insider Trading," Legal Issues Forum, December 2000
• "Attorneys' Liability for Issuing Opinion Letters (Third Party Reliance)," State Bar of Texas Advanced Real Estate Law Course, July 2000

1983 - J.D., with honors, University of Texas School of Law
1980 - Bachelor of Business Administration, highest honors, University of Texas

As an undergraduate, Karl was the valedictorian of the School of Business.  While in law school, he was a member of the Texas Law Review and was Order of the Coif.

Karl enjoys playing golf, spectator sports and spending time with his family.

• Dallas Business Hall of Fame, Chair
• Junior Achievement of Dallas, Director and Executive Committee
• Lovers Lane United Methodist Church, Board of Stewards