Securities Enforcement, Regulation & Litigation

Securities matters often involve parallel litigation and enforcement proceedings, and our securities enforcement and litigation team has the experience and depth to advise and defend clients in these overlapping areas. We regularly represent public and private companies, financial institutions, officers, directors, and board committees in securities enforcement inquiries and investigations, lawsuits asserting violations of US federal and state securities laws, and shareholder derivative actions. We also counsel clients on the creation and regulation of financial products, guide them through internal and regulatory investigations, and defend them in litigation.

Our team includes former high-ranking government prosecutors and veteran US Securities and Exchange Commission (SEC) lawyers. These include a former director of the SEC’s Chicago office and a former chief litigation counsel for the Division of Enforcement, as well as more than 20 other former SEC attorneys. We also have practitioners who previously worked at the US Department of Justice (DOJ) and the Financial Industry Regulatory Authority (FINRA), as well as several former government prosecutors from districts across the United States.

The securities group regularly draws on the capabilities of Morgan Lewis lawyers across other practices. These include lawyers focused on broker-dealer regulation; the Employee Retirement Income Security Act (ERISA); the Internal Revenue Code; food, drug, and medical device regulation; federal and state banking and insurance laws; and federal criminal laws. Collectively this team provides efficient, customized, and precise representation on any matter.

Securities Enforcement

For more than 30 years, our securities enforcement team has represented financial institutions, public companies, and senior executives in regulatory investigations and enforcement proceedings conducted by the SEC, the DOJ, and other governmental agencies, as well as all major self-regulatory organizations, including FINRA. The group also conducts internal investigations and acts as an independent consultant to firms in matters arising out of regulatory settlements.

Securities Litigation

Morgan Lewis securities litigation lawyers defend public and private companies, financial institutions (including underwriters), officers, and directors in federal and state lawsuits throughout the United States. The team handles class actions, lawsuits asserting violations of federal and state securities laws, and shareholder derivative actions; advises on matters related to subprime mortgages; and handles claims challenging mergers and acquisitions (M&A). We also advise board committees. Our team frequently obtains dismissals in the early stages of litigation, and we’re always conscious of the important role settlements play in securities class actions, derivative cases, and litigation arising from M&A.

Securities Regulation

With experience advising financial institutions on the complex issues they face, our securities regulation team counsels clients on issues surrounding the creation and regulation of financial products. The group also provides guidance during examinations and investigations that all of the financial services regulatory agencies conduct, and represents clients during complex litigation when it arises.