Justin P. Klein, age 70, began serving as a Trustee of RAIT in July 2017. Mr. Klein is a partner at Ballard Spahr LLP (“ Ballard ”), a national law firm with which he has been a partner since 1992. Mr. Klein is a respected corporate counselor and practitioner in the areas of securities law and corporate governance and also represents parties in regulatory and enforcement proceedings before the Securities and Exchange Commission (the “ SEC ”), state securities commissions, and securities industry self-regulatory organizations. Mr. Klein has chaired the Business Law Section of the Philadelphia Bar Association and the National Mediation and Arbitration Committee of the National Association of Securities Dealers, Inc. (now FINRA). Prior to entering private practice, Mr. Klein held numerous positions at the SEC between 1974 and 1983, ending as Assistant Director of the Division of Corporation Finance.