Securities Fraud and Insider Trading

Experience

Attained No Criminal Charge in $2B False Claims Case, Settled Civil Claim: We successfully represented the co-president and COO of the second largest publicly traded health care company against allegations of $2 billion in False Claims Act violations, and securities and health care fraud claims. In the DOJ criminal investigation, no charges were ever filed, and we achieved a favorable civil settlement with the SEC.

Attained Civil Fraud Settlement, Criminal Defense Proceeds for Tech CFO: In our defense of the former CFO of a technology company, we achieved a settlement on civil fraud charges related to revenue recognition and options. Our representation continues in the U.S. District Court for the Southern District of New York on criminal charges of securities fraud, falsifying corporate records, and conspiracy.

Convinced Government to Not File Criminal Charges Against Bank President in Mortgage Fraud Investigation: We represented the former president of a bank considered by the media to be a “poster child” for the national mortgage crisis. Our client was investigated for mortgage / securities fraud and we resolved the matter, including the grand jury investigation, and achieved no liability for our client.

Resolved Federal and State Fraud and Class Actions for CFO: We represented the former CFO of a “Baby Bell” telephone company in criminal, SEC and civil litigation relating to revenue recognition and accounting fraud issues. We obtained a favorable resolution on these matters for our client.

Defending Investor in SEC and USAO Insider Trading Investigation: We serve as lead counsel for a highly successful, private investor in connection with a current, high-profile insider trading case under investigation by the SEC and Department of Justice.

Defending Prominent Investor in SEC Investment Fraud Charges: We are representing a high-profile Persian-American financial services client in federal criminal charges related to an alleged affinity investment fraud.

Advising Executive in FCPA Investigation: We are representing the CEO of a North American unit of a global company during an extensive Foreign Corrupt Practices Act investigation involving a government contractor.

Cleared GC in Company’s Securities Fraud Action: Our client was the general counsel of a publicly traded company in a securities fraud action. We persuaded the government to decline to prosecute our client and the case was resolved with a company-only settlement.

Persuaded DOJ Not to Prosecute Securities Broker: We obtained a declination of criminal prosecution and a non-fraud settlement for our stock broker clients. We achieved this against the backdrop of numerous others being charged by the DOJ and SEC with fraud and criminal convictions.

Counseling Hedge Fund in Parallel Grand Jury-SEC Investigations: We represent a hedge fund and its owner / operator in connection with a pending SEC case and parallel grand jury investigation.

Defended CFO on Misstatement Allegations, No Charge Result: In our representation of a chief financial officer under investigation for alleged misstatements on corporate financial statements, we persuaded the government to decline to bring charges.

Averted Criminal Fraud Charges in SEC Investigation of CEO: We represented the chief executive officer of a prominent department store chain in a criminal securities fraud investigation. The government declined to bring charges after first indicating it intended to do so.