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Mona Lisa Wallace

(704) 633-5244 ext. 104

Mona Lisa Wallace is the founding partner of the Wallace & Graham, P.A. law firm.  She has successfully brought, litigated, and settled numerous significant personal injury, wrongful death, defective drug, asbestos, multiple-claimant, and mass-tort claims. She has successfully prosecuted asbestos toxic exposure claims on behalf of thousands of workers. Her product liability experience includes injuries and wrongful deaths from asbestos, silica, chemical poisonings, and other dangers and exposures.

            Wallace was born and raised in the small communities of Salisbury and Spencer, N.C.  Growing up, she was determined to better herself and find a way to help those around her. She was the President of the Student Body at North Rowan High School.  She attended the University of North Carolina at Chapel Hill and received a Bachelor of Arts Degree in 1976.  Thereafter, she attended Wake Forest University School of Law, where she received a Juris Doctor Degree in 1979. With law degree in hand, she returned to her hometown and started a small general law practice in Salisbury.

            Wallace began to get requests for help by local power company employees.  When she investigated, she found evidence that they had become exposed to asbestos at the power plants where they worked.  In this era, before liability had been established, Wallace was at the forefront of the asbestos claims. She often found herself the sole attorney for the victim, and the only female attorney, facing a courtroom full of corporate defense lawyers. She faced heavy odds, but by the 1990s, Wallace had successfully represented tens of thousands of employees who had become ill due to asbestos exposure in a wide variety of industrial settings.

            In the early 2000s, she grew her law firm into other areas. She brought successful class actions for employees and retirees who claimed their medical and retirement benefits were unfairly reduced. She also co-counseled with consumer and nonprofit lawyers to take on predatory lenders, and those class action settlements brought significant refunds to tens of thousands of low-income borrowers. When the cases started, the state was full of brick-and-mortar payday lending stores that trapped working people inside a cycle of debt. But after the cases were brought, the stores left the state.

            Wallace also brought several class action lawsuits against car dealers for allegedly unfair and deceptive sales practices and obtained significant settlements. She also co-counseled with the U.S. Department of Justice on claims of alleged improper medical billing and warranty practices under the Federal False Claims Act. They filed a suit against a medical device company based on “whistleblower” testimony that the company had failed to honor warranties on its products, which caused the Medicaid/Medicare system to overpay. As a result of her efforts, the device maker paid a multi-million-dollar settlement.

            Mona Lisa Wallace became a founding member of the American Museum of Tort Law located in Winsted, Connecticut.  This museum is an important American cultural resource for the national topics of access to justice and promotion of social welfare.

            In recent years, Wallace has taken a personal interest in the claims of victims of occupational cancers. Even after OSHA regulations were put in place to eliminate work hazards, Wallace still saw a steady stream of people exposed to dangerous chemicals and products in the workplace who later developed cancer. While asbestos cancers have been widely publicized, the public remains less aware of the many other toxic substances and chemicals that cause cancer. Wallace has sought to heighten public awareness on this issue and to promote early medical screening and assessment.

            For many years, Wallace has supported Public Justice and served as president in 2009. She remains a member of the Board of Directors. She has been a driving force behind many initiatives of Public Justice meant to improve access to justice and ensure a level playing field for our most vulnerable citizens.

            In the North Carolina State Bar, Mona has served as an advisory member of the Rules of Professional Conduct Review Committee and as a member of other committees. She has served with the Wake Forest School of Law Board of Visitors, the Hood Theological Seminary Board of Trustees, and the New York Board of Directors of the Raoul Wallenberg Committee. Wallace is a member of the North Carolina Advocates for Justice and the co-chair of its Products Liability Section. In 2006, she won the Academy’s Ebbie Award. She has received the North Carolina Advocates for Justice Award for Outstanding Service as Products Liability Section Co-Chair and the North Carolina Gertrude S. Carraway Award of Merit. In 2014, she received the North Carolina Justice Center’s Defenders of Justice Award.

            Wallace has been happily married for 43 years and has two daughters and two granddaughters.  When not fighting for her clients or giving back to her community and the legal profession, Wallace loves nothing more than spending time with her family and time at her beach home, fondly known to family and friends as “Camp Wallace.” 


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The University of North Carolina at Chapel Hill; Bachelor of Arts Degree with Honors, National Merit Scholar, 1976

Wake Forest University School of Law, Winston-Salem, NC; Juris Doctor Degree with Honors, 1979

Harvard Law School, Cambridge MA; Ultimate Trial Advocacy Course – “The Art of Persuasion,” 2011

Practice Areas

Chemical Related Cancers or Diseases
Class Actions & Consumer Rights
Dangerous Drugs & Medical Devices
Farm Nuisances, Injuries or Diseases
Mesothelioma & Asbestosis


North Carolina Academy of Trial Lawyers - 2006 Ebbie Award

The American Trial Lawyers Association - 2007 Top 100 Trial Lawyers Award – for obtaining tens of millions of dollars in loan forgiveness and restitution to predatory loan borrowers in class action coordinated with the Florida State Attorney General.

The National Trial Lawyers, Top 100 North Carolina Trial Lawyers – 2011

NCAJ (North Carolina Advocates for Justice) Award for Outstanding Service as Products Liability Section Co-Chair - 2011

Lawyers Weekly – Leaders in Law Award – 2011

North Carolina Gertrude S. Carraway Award of Merit – Restoration of Hambley-Wallace House – 2013

Historic Salisbury Foundation’s Clement Cup – commitment to historic preservation - 2018

Lawyer’s Weekly – NC Hall of Fame Member 2018

Public Justice – American Trial Lawyer of the Year Award 2018


  • Duke Energy Coal Ash Settlement – ensuring clean water and enhanced property values for North Carolina coal ash communities.
  • Outer Banks power outage litigation (E.D.N.C.) – multiple-day loss of power to Outer Banks communities over summer season -- class action settlement for $10.35 million – 2018.
  • Inetianbor v. CashCall, 0:2013cv60066 (S.D. Fla.) – UDAP class action against lender – class settlement for $10 million restitution, total value with debt forgiveness exceeded $29 million – 2017.
  • Owens and Price v. Automobile Protection Corp. and Sonic Automotive, class arbitration before the American Arbitration Association, Consolidated Case No. 30 459 00642 05, and in state and federal court -- unfair and deceptive finance and sales practices involving car dealer chain – class settlement and fee approved – 2012.
  • Kucan v. Advance America, No. 04-CVS-2860 (New Hanover County Superior Court) (class action against payday lender – class settlement of $18 million – 2011.
  • Hager v. Check into Cash, No. 04-CVS-2859 (New Hanover County Superior Court) – class settlement of $12 million – 2011.
  • McQuillan v. Check n Go, No. 04-CVS-2858 (New Hanover County Superior Court) – class settlement of $14 million – 2011.
  • Murdock v. Rebate Cash Advance, No. 06-CVS-1865 (Iredell County Superior Court) and AAA class arbitration – UDAP class action/arbitration against payday lender – class settlement of $11 million – 2011.
  • George v. Duke Energy Retirement Cash Balance Plan, No. 8:06-CV-373 (D.S.C.) --class action under ERISA in regard to pension plan – class action settlement for $30 million – 2011. 
  • Lowther v. AK Steel, No. 1:11 cv 877 (S.D. Ohio) -- class action arising under ERISA in regard to employee welfare benefits – class settlement of $16 million – 2011.
  • Merkner v. AK Steel, No. 1:09-CV-423-TSB (S.D. Ohio) -- class action arising under ERISA in regard to employee welfare benefits – class settlement of $170 million – 2010.
  • Mills v. Hendrick Automotive, No. 04 CVS 2301 (Union County Superior Court) -- UDAP class action against car dealer chain – class settlement of $5 million – 2010.
  • Satterfield v. Breeding Insulation Co., 266 S.W.3d 347 (Tenn. 2008) – notable state supreme court decision recognizing duty to household members in civil asbestos injury setting.
  • Anthony v. Koch Industries, No. 1:05CV00806 (M.D.N.C.) -- class action under ERISA in regard to a retiree benefit plan – class settlement for $15.9 million – 2007. 
  • Numerous verdicts, appellate court decisions and settlements for matters involving catastrophic personal injury, wrongful death, occupational injuries, industrial exposures and asbestos related illness.
  • Wallace and Graham is responsible for advocating for many of the North Carolina appellate results and holdings of note supporting the rights of workers and those who are victims of occupational injury and illness.