MoFo News Item

Morrison & Foerster Expands Mid-Atlantic Corporate Securities Practice

11/4/2008

The mid-Atlantic corporate practice is pleased to announce the addition of corporate securities partners David M. Lynn and Lawrence R. Bard, continuing the firm’s commitment to expand and enhance its premier practices in corporate law in the mid-Atlantic region.

David M. Lynn, former Chief Counsel of the Division of Corporation Finance at the U.S. Securities and Exchange Commission, joins the firm as a partner and Co-Chair of Morrison & Foerster’s Global Public Companies Group.  Lawrence R. Bard joins the firm as a partner in the Global Public Companies Group.

“Morrison & Foerster has one of the largest and most sophisticated corporate practices in the mid-Atlantic region and it continues to thrive and expand despite the turmoil in the financial markets,” said Dan Westman, Northern Virginia Managing Partner. “Our ability to attract lawyers of Dave’s and Larry’s caliber reflects the quality and momentum of our practice.”

Mr. Lynn was the Chief Counsel of the SEC’s Division of Corporation Finance from 2003-2007. He joined the SEC as Chief Counsel shortly after adoption of the Sarbanes-Oxley Act of 2002.  As a result, he was intimately involved in implementing and interpreting the record amount of SEC rulemaking that occurred in the wake of SOX.  In 2006, he led the rulemaking team that drafted sweeping revisions to the SEC’s executive compensation and related party disclosure rules. Mr. Lynn initially served on the SEC staff from 1995-2000 as an Attorney-Advisor and subsequently as Special Counsel in the Division of Corporation Finance. While in private practice from 2000-2003, he advised a wide range of clients on SEC matters, securities transactions, acquisitions and corporate governance. 

Since leaving the SEC in 2007, Mr. Lynn has been editor of TheCorporateCounsel.net, where he co-authors one of the most widely read blogs on securities, governance and corporate law matters.  He will maintain his role as co-editor of TheCorporateCounsel.net.

Mr. Bard’s practice is focused on corporate finance and securities law matters, including public and private offerings, venture capital, and other financing transactions. He has advised companies on issues of corporate governance, business planning, securities law compliance, executive compensation, commercial contracts and joint ventures.  Mr. Bard primarily represents public technology companies and financial institutions. He has successfully completed many of the most important initial public offerings for companies in the mid-Atlantic region, including DigitalNet, Deltek, Inc., and Tellium, Inc.  He also has extensive experience in private equity and public/public mergers & acquisitions, including the recent acquisition of Arinc by Carlyle and the acquisition of DigitalNet by BAE Systems.

“Dave’s and Larry’s expertise in advising public companies on a wide range of sophisticated securities and compliance issues gives us added depth to serve clients on the critical issues they face in this market,” said Lawrence Yanowitch, Co-Chair of Morrison & Foerster’s mid-Atlantic corporate practice.

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