Insider Trading
Represent an alleged downstream "tippee" in an insider trading prosecution by the DOJ and a parallel SEC civil enforcement action. (Ongoing)
Stock Manipulation
Represent an analyst in civil litigation alleging stock manipulation by short sellers. (Ongoing)
Auction Rate Securities
Represent a supervisor at a broker-dealer in an investigation by state securities regulators into allegations of manipulation in the market for Auction Rate Securities. (Ongoing)
Collateralized Debt Obligations (CDOs).
Represent a senior portfolio manager at an asset management firm in an SEC investigation of potential fraud in the management of several multi-billion dollar CDOs. (Ongoing)
Cross-Border Banking Investigation
Represented multiple employees of a multinational bank in investigations by the U.S. Attorney’s Office, state criminal prosecutors, SEC, CFTC, U.S. banking regulators and foreign regulators regarding an alleged scheme to overvalue a commodities derivative trading portfolio. Following multiple interviews with law enforcement and regulatory agencies, no charges were brought against clients. (2008)
Credit Crisis
Represent the former CFO of one of the largest U.S. mortgage originators in a DOJ investigation, parallel SEC civil enforcement action, and related shareholder litigation arising from the credit crisis. (Ongoing)
Stock Options Backdating
Represent the founder and former CEO of a high-tech company in parallel DOJ and SEC investigations of alleged stock options backdating. (Ongoing)
Accounting Fraud
Represented an auditor at an international accounting firm in an SEC investigation involving allegations of securities fraud and improper professional conduct arising out of the audit of a public company at which numerous members of top management were criminally convicted of engaging in a massive, collusive accounting fraud. After a Wells process, the SEC staff terminated the investigation without commencing an action against the client. (2008)
Foreign Corrupt Practices Act (FCPA)/Antitrust Investigation.
Represented a foreign national and employee of a Fortune 100 multinational corporation in cross-border investigation of potential FCPA and criminal antitrust violations. (2009)
Attorney General Investigation
Represented the principals of a large real estate appraisal firm in an investigation by a state Attorney General into the role of property appraisers in the mortgage crisis. (2009)
Federal Bank Regulatory Investigation
Represented an executive of a large mortgage originator in an investigation by federal banking regulators into the relationship between mortgage originators and appraisers and its impact on the credit crisis. (2009)
Foreign Corrupt Practices Act (FCPA) Internal Investigation.
Conducted an internal investigation into potential FCPA violations at a foreign subsidiary of a Fortune 500 multinational corporation. Conducted more than 60 interviews of employees, reviewed business lines and relationships with key customers and distribution channel, and conducted forensic analysis of accounting records and internal controls. Investigation included a review of business units in more than 15 countries to assess FCPA risks. (Ongoing)
Cross-Border Banking Investigation
Represent several foreign bankers in parallel investigations by the DOJ, SEC and IRS into the cross-border activities of a Swiss bank. (Ongoing)