Eugene I. Goldman represents domestic and international clients before the US Securities and Exchange Commission (SEC) in financial fraud, auditor misconduct, false disclosure, insider trading and other securities proceedings. He also represents audit committees in internal investigations as well as clients in shareholder litigation, cross-border Foreign Corrupt Practices Act (FCPA) investigations, and the Financial Industry Regulatory Authority (FINRA) and the Public Company Accounting Oversight Board (PCAOB) proceedings. He is a senior member of the Firm’s White-Collar and Securities Defense Practice Group.
Previously, Eugene served as senior counsel in the SEC’s Division of Enforcement in Washington, DC. He directed prosecutions in a wide variety of areas, including insider trading, undisclosed self-dealing, the sale of unregistered securities, undisclosed underwriters compensation and questionable foreign payments. Upon Eugene’s departure from the SEC, SEC Commissioner John. R. Evans wrote, “I want to commend you formally for the superb work you have accomplished here. The cases you have participated in are known nationally and internationally. I realize you have not served at the Commission to receive such notoriety. Rather, you desire the more worthy goal of assisting in the prevention of fraud and other inequitable and unfair practices in our securities market.”
Eugene has testified before the Senate Banking Subcommittee on Securities regarding enforcement and litigation issues. He has also spoken on topics such as securities fraud enforcement and money-laundering compliance before professional organizations, including the US Chamber of Commerce’s Center for Capital Markets upon the release of its report, Examining US Securities and Exchange Enforcement: Recommendations on Current Processes and Practices (July 2015).
Eugene is the lead author of the first book on the PCAOB, The PCAOB Mission: Improving Audit Quality via Enforcement, Standards & Inspections, 287 Securities Practice Portfolio Series (BNA 2014).
In 1986, Eugene became one of the first two law clerks for the Honorable Stanley Sporkin of the US District Court for the District of Columbia. Judge Sporkin previously served as director of the SEC’s Division of Enforcement.
For seven years, Eugene chaired the Pro Bono Committee of the Firm’s Washington, DC, office and continues to litigate disabilities rights cases with co-counsel from the DC Lawyer’s Committee for Civil Rights and Urban Affairs.
Eugene is also a member of our legal cannabis industry group. Our Cannabis Industry group is a multidisciplinary team of lawyers providing clients with regulatory, litigation, intellectual property, trade and tax services with respect to their investments and participation in the cannabis industry, all subject to the Firm’s obligations under federal and state laws and bar licensure rules.
Represented the vice president of an entertainment company and a named partner of a New York law firm in insider trading investigations
Defended a senior vice president for finance in a federal criminal securities fraud case (US v. DeGennaro, 419 F. 3d 134 (2d Cir. 2007))
Represented a mutual fund president and portfolio manager in an Investment Company Act investigation
Acted on behalf of a major brokerage firm in an Investment Advisers Act investigation
Acted on behalf of a hedge fund and director in “fair value” and private investment in public equity (PIPE) investigations
Served as lead counsel to the City of Anaheim in the Orange County Pool case, which involved disclosure issues stemming from the investment of proceeds from municipal securities offerings (In the Matter of City of Anaheim, City of Irvine, et al., SEC A.P. File No. 3-9739 (1998))