William J. Kraus represents individuals and businesses involved in governmental and regulatory investigations, state and federal litigation, and alternative dispute resolution. He concentrates his practice on complex securities disputes, including class action litigation, derivative litigation, and SEC investigations, as well as disputes relating to the financial services industry. Additionally, William has special experience managing internal investigations and handling complex electronic discovery issues.
William represents diverse parties before the US Securities and Exchange Commission (SEC), US Commodity Futures Trading Commission (CFTC), Financial Industry Regulatory Authority (FINRA), National Futures Association (NFA), CME Group Market Regulation; and the US Department of Justice (DOJ). Additionally, William assists clients with all aspects of litigation in state, federal, and arbitral forums, and practices before the Northern District of Illinois; Southern District of New York; Eastern District of Michigan; the Judicial Panel on Multidistrict Litigation; Courts of Appeals for the Second, Seventh, and Ninth Circuits; and the US Supreme Court, further representing clients in dispute resolution before American Arbitration Association and FINRA panels.
William serves as a member of the Chicago office’s Hiring Committee.
Before joining the firm, William was an associate in the litigation and dispute resolution practice of an international law firm. While in law school at the University of Michigan, he was selected by a faculty panel for placement at the International Centre for Trade and Sustainable Development in Geneva, Switzerland, where he worked to further the participation of developing nations in the World Trade Organization through litigation and dispute settlement training. William continues to maintain an active pro bono practice focusing on fair housing and civil rights litigation, and was recognized by the Chicago Lawyers’ Committee for Civil Rights Under Law, Inc. as “not only a skilled attorney, but a valued ally in affirmatively furthering fair housing and increasing awareness of fair housing rights and responsibilities.”
Represented a pharmaceutical company Chief Executive Officer in response to a parallel Special Litigation Committee and SEC investigation regarding restatement of financials, internal controls, and other related matters.
Represented the managing director of a financial services company in response to an SEC investigation regarding representations made to subscribers of electronic trading platform.
Represented a commodities merchant in parallel CFTC and CME investigations alleging market manipulation.
Represented a financial services company in a FINRA investigation alleging fraudulent activities by a representative.
Represented a bitcoin exchange in various regulatory matters.
Represented an investment firm in an internal investigation regarding potentially improper trading activity by an employee.
Represented a global financial institution in response to a CFTC investigation regarding potential spoofing activity by a trader.
Represented a global financial institution in an SEC investigation regarding use of electronic equity market making strategies.
Represented a financial exchange in an internal investigation into potential employee misconduct.
Represented an investment adviser in an SEC investigation regarding compliance with disclosure requirements pursuant to the Investment Advisers Act of 1940.
Represented a global financial institution in a class action based on a claim of vicarious liability for alleged TCPA violations by a third-party debt servicer.
University of Michigan Law School, 2009, J.D.
University of Michigan, 2005, B.A.
US Court of Appeals for the Second Circuit
US District Court for the Northern District of Illinois