Securities, Subprime and Structured Finance Litigation

The firm routinely represents defendants in securities class actions and plaintiffs, defendants, and third parties in non-class action securities cases. We represent individuals and companies before the Securities and Exchange Commission as well as other regulatory bodies such as FINRA. We also represent individuals, companies, and institutional clients in connection with fraud and other claims arising out of losses suffered from RMBS-backed CDOs, CLOs and swap agreements. We have also represented financial institutions, including asset managers, investment advisors, private equity firms, and hedge funds in connection with both regulatory investigations and with disputes with investors, including with respect to losses arising out of investments in structured finance transactions.

Examples of our recent cases include:

• Representation of individuals in SEC investigations arising out their roles in various structured finance vehicles.

• Defeated class certification and obtained summary judgment in a securities fraud class action on behalf of the directors of a publicly-traded foreign holding company.

• Obtained dismissal of a securities fraud class action and derivative claims against a foreign holding company, its directors, and majority shareholder.

• Successful prosecution of complex securities fraud claims in arbitration against a major U.S. financial institution resulting in a multi-million dollar award for a Swiss investment group.

• Successful defense of individual in connection with an investigation by the Senate Permanent Subcommittee on Investigations concerning fraud relating to the financial crisis.

• Successful defense of an asset manager in connection with the SEC’s investigation of a foreign investment bank over securities violations in connection with the sale of debt issued by a RMBS-backed CDO; the agency declined to pursue claims against our client.

• Successful defense of an individual in connection with the SEC’s investigation of a Canadian investment bank over securities and fiduciary violations in connection with the sale of debt issued by a RMBS-backed CDO; the agency declined to pursue claims against our client.