Top Enforcement Attorneys
The firm serves public and private companies, officers and directors, broker-dealers, investment advisers, hedge funds, private equity and venture capital funds, as well as municipal securities issuers, underwriters and advisers. In an article titled SEC Tightens Policing of Municipal Debt Market,” Joseph Dever, a member of Cozen SEC Enforcement 'Connor's Commercial Litigation Department, discusses the Securities and Exchange Commission's oversight of the municipal debt market and its new initiative that encourages municipalities as well as their bankers to come forward with instances in which they included misleading information in their bond-offering documents.
Indeed, an enforcement action can result in court-ordered receiverships, temporary restraining orders (TROs), preliminary and permanent injunctions, asset freezes, disgorgement, severe monetary penalties, officer and director bars, penny stock bars, and administrative orders barring individuals or entities from the securities industry.
The group includes a number of highly experienced former federal prosecutors with extensive trial experience in securities law prosecutions, including the former Assistant Attorney General in charge of the Criminal Division of the US Department of Justice (DOJ), the former acting United States Attorney for the Eastern District of New York, the former Chief of the Securities and Commodities Fraud Unit in the Southern District of New York and the former Chief of the Enron Task Force.
Since late 2012, Mr. Calamari has led a staff of approximately 400 enforcement attorneys, accountants, investigators, and compliance examiners, involved in the investigation and prosecution of enforcement actions and the performance of compliance inspections in the New York region.
Mr. Bruch has been lead counsel for securities enforcement and related matters for a number of leading companies and financial services firms, including Time Warner Inc., Adelphia Communications Corp., Cablevision Systems Corp., Hain-Celestial Corp., ETrade Capital Markets, and Van Wagoner Capital Management.
I expect Steve to promote rigorous enforcement of the securities laws and further put the lie to criticisms of the revolving door,” said Aitan Goelman, the former head of enforcement at the Commodity Futures Trading Commission who worked with Mr. Peikin at the United States attorney's office in Manhattan.
While at the SEC, he worked on matters involving disclosure failures by public companies; alleged fraud and regulatory violations by investment advisers and broker-dealers; insider trading; anti-money laundering violations; spoofing” and other forms of market manipulation; failure-to-supervise violations; the adequacy of firms' cyber security procedures and protections; and a variety of other fraud and regulatory matters.
He also gained extensive experience working with international enforcement officials as well as the Commodity Futures Trading Commission (CFTC), the New York State Attorney General's Office, FINRA (Financial Industry Regulatory Authority), the New York Stock Exchange and other domestic agencies.
Mr. Berger will lead a staff of more than 390 enforcement attorneys, accountants, investigators, and compliance examiners involved in the investigation and prosecution of enforcement actions and the performance of compliance inspections in the New York region.
He frequently counsels investment advisers and broker-dealers during inspections and examinations by securities industry regulators, and is regularly retained by boards and independent directors for special projects involving shareholder demands or other sensitive matters.
In addition to the recent judgment against St. Lawrence described above, the United States District Court for the Southern District of New York entered a final judgment on consent in June, 2018, against Troodler, Michael Klein, the Town Attorney, and Nathan Oberman, the Town's deputy finance director, enjoining Troodler, Klein and Oberman from violating Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and permanently barring each of them from participating in any offering of municipal securities.
The firm is focused on representing broker-dealers, investment advisers, investment platforms and portals, issuers, hedge funds and their officers, directors and agents in government white collar, regulatory and self regulatory organization investigations and enforcement actions, including responding to subpoenae and FINRA Rule 8210 requests, and litigating regulatory matters.