About Us

Founding story

What began as a deep dive into one class action settlement claim in 2003 has grown into the world’s most experienced Settlement Recovery practice. In the nearly 2 decades years since our founder Howard Yellen pioneered our unique hybrid of law and financial services, other companies have started offering settlement recovery. But no one can match Spectrum’s experience, expertise and single-minded focus to deliver the most favorable settlements for our clients.

Supreme Court of the United States

Meet our team

Spectrum principals bring over 75 combined years of legal and financial services experience to our clients.

David Morgenstein

David Morgenstein

Co-Founder and  President

Mr. Morgenstein provides leadership across all functions at Spectrum Settlement Recovery. Prior to Spectrum Settlement Recovery, Mr. Morgenstein served as Director of Operations at Commerce One, the pioneer in E-commerce marketplaces. Earlier in his career, Mr. Morgenstein held executive-level positions at various technology and distribution companies. He earned a B.S. in Marketing from the University of Arizona and an M.B.A. from Golden Gate University. Mr. Morgenstein was an F-15 Flight Commander in the U.S. Air Force.

Howard Yellen

Howard Yellen

Co-Founder and Chairman

Mr. Yellen is a leading advocate for class members in both securities and commercial class-actions. He co-founded Spectrum Settlement Recovery to provide complete claims filing and recovery services in commercial and securities class action settlements. Early in his career Mr. Yellen was a practicing attorney at Orrick, Herrington and Sutcliffe, a major San Francisco-based law firm. He received his A.B. from Vassar College, and his J.D. from University of California at Berkeley, Boalt Hall School of Law, where he was Technology Editor of the California Law Review.

Dore Hainer

Dore Hainer

General Manager

Mr. Hainer leads all day-to-day activities and personnel at Spectrum Settlement Recovery. Prior to his work at Spectrum, Mr. Hainer served for over 20 years in various C-Suite roles at numerous professional service agencies leading finance, operations, mergers and acquisitions, capital raising, and strategic growth. He received his B.A. in History from Washington University in St. Louis, and his MA in Industrial / Organizational Psychology from Golden Gate University. Mr. Hainer is also a Certified Public Accountant.

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We always want to know how we can help your business.