As asset managers face increasing scrutiny from federal, state and non-US regulators, it is critical to design and implement effective compliance programs, with policies and procedures that keep pace with evolving legal guidance and help you reduce risk. Our team has the skill and experience to represent you in a variety of legal, regulatory and compliance issues, and we can advise on best practices as you pursue your business objectives. We also have the ability to move quickly to defend your interests against legal actions when needed.
We partner with you to address any challenge, from creating custom compliance programs and in-house trainings to handling internal investigations into allegations of financial fraud, accounting irregularities and gender or racial discrimination. Drawing on years of experience in both private practice and government agencies, our litigators are also well positioned to defend you against the spectrum of securities regulatory and enforcement activity, including portfolio company disclosure questions, valuation disputes and employment-related issues. We also assist with parallel proceedings, private class actions and derivative litigation.
Our work with investment funds, their advisers and their boards of directors spans issues related to the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, the Dodd-Frank Act, the USA PATRIOT Act and beyond. In defending against enforcement actions, our understanding of the Securities and Exchange Commission (SEC)’s rules, practices and specialized units, along with our close working relationships within the Enforcement Division and Office of General Counsel, helps us deliver favorable outcomes.
Representing the US subsidiary of a major international bank, and two of the US bank’s subsidiaries in an SEC investigation involving revenue sharing, share class and affiliated funds issues
Representing a Real Estate Private Equity Fund and key personnel in an SEC investigation focusing on whether any securities laws had been violated in connection with both ongoing investment-raising activity and the daily operation of the Fund
Represented investment firms in a number of separate matters involving an SEC investigation into potential insider trading by individuals associated with the firm, including sufficiency of the firm’s internal policies and procedures
Representing a venture capital firm in a number of matters, including two civil actions, two arbitrations, and counseling in connection to various investor-related issues and regulatory inquiries that arose from the misappropriation of over $56 million of investor funds by a former officer of client
Represented partners and employees of a major US accounting firm in connection with criminal investigation and prosecution arising out of alleged investment fraud at prominent hedge fund
Won a full acquittal at trial in federal court for a hedge fund manager charged with 36 counts of securities fraud, wire fraud and conspiracy related to an alleged insider trading scheme
Represented numerous investment advisers in connection with SEC examinations through responding to deficiency letters
Represented a hedge fund manager in connection with successful presentation to the SEC of a forensic accounting of certain fees
Represented an asset management firm in litigation arising out of investment accounts. Summary judgment granted for asset management firm
Represented a multi-billion-dollar asset management firm in litigation commenced by stockholders in Delaware and New York challenging a merger transaction
Conducted an investigation into a large international insider trading ring that resulted in charges against three investment bankers, a New York-based trader, a London-based trader and two traders based in Switzerland
Represented an investment manager in connection with wind-up of funds and related US- and Cayman Island-based litigation, as well as state and federal regulatory investigations