Securities Litigation & Arbitration
Attorneys in the litigation department have experience representing clients in disputes involving securities laws and regulations as well as in securities-related arbitrations before the NASD and other regulatory bodies. Some of the matters in which the Firm’s attorneys have been involved include:
- Representation of a group of former limited partners of LJM2, a “special purpose entity” designed to provide Enron off balance sheet financing, in litigations asserting claims against a group of investment banks alleging securities laws violations, common law fraud and breach of fiduciary duty
- Representation of a defrauded investor in an SEC enforcement action and related civil litigation involving a sophisticated Ponzi scheme directed at numerous investor/victims who were defrauded of hundreds of millions of dollars
- Representation of a corporate defendant in an action pursuant to Section 16(b) of the Securities and Exchange Act of 1934 to recover short-swing profits
- Representation of a former Chairman of the Board and CEO against claims brought by a class of persons who purchased debt instruments from a publicly-traded company alleging securities fraud and breach of fiduciary duties in connection with alleged non-disclosures and alleged misleading financial statements
- Representation of the directors of an offshore fund and of the fund administrator in connection with potential claims by shareholders who invested hundreds of millions of dollars in the fund
- Representation of a foreign investor in an NASD arbitration against a major brokerage firm asserting claims of unsuitability and unauthorized trading
- Representation of a broker/dealer and its registered representatives in an NASD arbitration against another broker/dealer arising from undisclosed withheld commissions and in a retaliatory countersuit before the NASD regarding the applicable commission rate
- Representation of a sophisticated investor in an NYSE arbitration involving unauthorized trading/failure to follow client direction in trading natural gas futures
- Representation of a hedge fund investor in an NASD arbitration seeking to recover an investment based on fraudulent inducement
- Representation of a broker/dealer in numerous disputes with traders and/or customers over service fees, commissions and related expenses
- Representation of a major brokerage firm in numerous customer cases asserting unsuitability, unauthorized trading and churning