Gregory S. Fryer

        Counsel

        Greg has served as a trusted advisor to business clients for more than 35 years, helping them navigate their most complicated legal challenges through all kinds of market cycles and regulatory climates.

        Greg has been recognized for his skill in both corporate law and securities law. He regularly guides companies, both large and small, through stock offerings, M&A transactions, and corporate restructurings. He also frequently assists other lawyers on the more technical aspects of projects involving financial regulations, legal opinions, or contract drafting. Greg has given special attention to capital formation issues for privately held companies, and also for investors. He is a board member of Maine’s venture capital fund (Maine Venture Fund) and for a number of years was a member of the state’s most active angel investor group (Maine Angels).

        Beyond the technical and transactional side of his practice, Greg has served as outside general counsel to a large, diverse set of companies. Executives and directors look to him for experienced, pragmatic guidance on a wide range of problems, balancing business considerations with legal considerations. Greg also has been a frequent panelist and lecturer on corporate governance, securities law, and on topics affecting angel investing.

        Greg and his wife Joanne have relocated to Williamsburg VA, where he continues to practice law for the Firm on a full-time basis.

        Services/Industries

        Education

        • Cornell Law School (J.D.)
          • Cornell Law Review
        • Dartmouth College (A.B., magna cum laude)

        Public Service

        • Board Member, Maine Venture Fund (2007-2013 and 2018-present)
        • Board of Trustees, Maine Maritime Academy (2016-2022)
        • Maine Bar Foundation, Director (2004-2006), Finance/Investment Committee (2004-2011)
        • Maine Commission on Investment Capital (1990-1993)

        Bar Admissions

        • New York
        • Maine
        • New Hampshire
        • Virginia

        Memberships

        • Maine State Bar Association: Business Law Section; Chairman (1991-1992)
        • Drafting Committee for Several Acts relating to Formation and Governance of Maine Business Ventures: Maine Business Corporation Act; Maine Revised Uniform Partnership Act; Maine Revised Uniform Limited Partnership Act; Maine Limited Liability Company Act
        • Drafting Committee: Maine Uniform Securities Act
        • Drafting Committee: Maine Crowdfunding Statute (32 MRSA § 16304(6-A))
        • Maine Angels (2013-2019), Governance Committee (September 2015-2019)

        Honors

        • AV® rated by Martindale-Hubbell
        • Recognized in Chambers USA: America’s Leading Lawyers for Business under Corporate/M&A (2003-2025)
        • Listed in The Best Lawyers in America® under Corporate Law, Mergers and Acquisitions Law, Securities/Capital Markets Law, Securities Regulation in Portland, Maine
        • Named The Best Lawyers in America® 2012, 2013, 2014, 2016, 2018, 2021, 2023, 2024, and 2025 Securities/Capital Markets Law “Lawyer of the Year” in Portland, Maine
        • Recognized as a Top Author in 2021 JD Supra Readers’ Choice Awards
        • Named The Best Lawyers in America® 2020 Corporate Law “Lawyer of the Year” in Portland, Maine
        • Named The Best Lawyers in America® 2013 Mergers & Acquisitions Law “Lawyer of the Year” in Portland, Maine
        • Selected by peers for inclusion in New England Super Lawyers under Securities & Corporate Finance and Business/Corporate

        Learn more about the third-party ratings, rankings, and selection processes used for inclusion.

        Firm Highlights

        Blog

        Will the Knicks Beat the Spurs? (Are Prediction Market Event Contracts Gambling?)

        For those of you who like to keep score, currently 18 states are engaged in litigation over prediction markets, such as Kalshi and Polymarket,...
        Alerts and Newsletters

        DOJ Announces Faster Review and Enhanced Enforcement for Benefits-Fraud FCA Matters

        On May 27, 2026, the U.S. Department of Justice (DOJ) Civil Division issued a new memorandum, “Accelerating Review and Enhancing Enforcement in...
        Alerts and Newsletters

        DOJ Announces Minnesota Health Care Fraud Takedown; Signals Intensified Medicaid Enforcement Nationwide

        On May 21, the Department of Justice (“DOJ”) announced a first-of-its kind Minnesota Health Care Fraud Takedown charging 15 defendants, including...
        Media Mentions

        Lauren Galvin Quoted in Massachusetts Lawyers Weekly on Arbitration and Anti-SLAPP Protections

        Verrill Partner Lauren Galvin was recently featured in a Massachusetts Lawyers Weekly article highlighting a notable Superior Court decision...
        Blog

        Section 530A Accounts: What Employers Should Consider Before Offering Contributions to “Trump” Accounts

        Section 530A accounts, commonly referred to as Trump accounts, have attracted attention since the enactment of the One Big Beautiful Bill Act in...
        Blog

        Navigating PBM Reform: Regulatory Changes, Market Shifts, and Practical Guidance for ERISA Fiduciaries

        Pharmacy Benefit Manager (“PBM”) arrangements have long relied on rebates with limited transparency into true drug costs. Recent regulatory and...
        Blog

        DOL’s Proposed Regulation on Selecting Alternative Investments: Broad Implications for 401(k) and 403(b) Plan Fiduciaries

        On March 30, 2026, the Department of Labor issued a proposed regulation purporting to implement an executive order to expand access to “alternative...
        Press Releases

        Verrill Welcomes Private Clients & Fiduciary Services Attorney Gracie Castle

        BOSTON, Massachusetts – Verrill is pleased to welcome Gracie Castle to the firm’s Private Clients & Fiduciary Services Group as an Associate,...
        Published Works

        Francesco De Vito Authors Article in the Journal of the American College of Mortgage Attorneys

        Verrill Partner Frank De Vito authored an article featured in the Spring 2026 issue of The Abstract, the journal of the American College of Mortgage...
        Alerts and Newsletters

        Recent FinCEN Advisory Highlights Rising Health Care Fraud Risk for Financial Institutions

        As the federal government intensifies its “whole of government” approach to combat fraud, waste, and abuse, particularly in Federal Health Care...
        Press Releases

        Two Verrill Attorneys Featured in the 2026 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers List

        PORTLAND, Maine – Verrill attorneys Roger A. Clement, Jr. and Robert J. Keach have been featured in the 2026 Lawdragon 500 Leading Global...
        Published Works

        Verrill Attorney Mark Googins Co-Authors Maine Commercial Lending Handbook

        Verrill attorney Mark Googins has co-authored the Maine Commercial Lending Handbook (Second Edition), published March 2026.  A trusted, practical...