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Eugene Ingoglia

Partner

Gene focuses on criminal, civil and regulatory securities, digital assets and anti-corruption matters, as well as trial-ready civil litigation.

Gene has tried more than a dozen federal criminal cases, and briefed and argued numerous appeals before the U.S. Court of Appeals for the Second Circuit. He has been recognized by Chambers for Litigation: White Collar Crime Government Investigations, where he is described as “a strong, zealous advocate” and is known for his “sophisticated criminal defense practice.” He is a frequent contributor to publications and speaks regularly at conferences on the subjects of digital asset, business crime and insider trading enforcement issues. 
 
Gene has extensive experience in handling sophisticated securities and business crime matters and has achieved notable results for clients over the course of his career. Before joining the firm, Gene was an Assistant U.S. Attorney (AUSA) for the Southern District of New York and a member of the Securities and Commodities Fraud Unit, serving as the lead attorney in numerous federal jury trials and complex white-collar investigations. 
 
During his tenure as an AUSA, he represented the government in the trial and conviction of former SAC Capital portfolio manager, Mathew Martoma, in the largest insider trading scheme ever charged. Gene also led investigations into high-profile mismarking cases, including an investigation of bank executives and traders for deliberately overstating the value of certain real estate backed securities. This case became one of the few successful criminal prosecutions arising out of the financial crisis. 
 
Gene has represented clients in actions and investigations by DOJ, various U.S. Attorney's Offices, the SEC, the CFTC, FINCEN, and FINRA, as well as other federal and state regulatory agencies. Gene has worked on cases popularized and dramatized in popular media, including in the movie The Big Short and on the TV series Billions.

Expertise

Industries

Experience

Representative matters

  • A hedge fund portfolio manager at trial in the SDNY in a landmark insider trading case. 
  • A cryptocurrency exchange and trading platform in connection with DOJ, CFTC and FinCEN investigations. 
  • A peer-to-peer cryptocurrency exchange in connection with investigations by DOJ and FinCEN. 
  • A regional healthcare network in connection with an SEC investigation into the network’s financial reporting. 
  • A blockchain-based social media platform in connection with DOJ and SEC investigations. 
  • A Web3 gaming company in connection with an SEC investigation. 
  • A leading blockchain technology company in connection with an SEC investigation. 
  • 29 executives (including the senior executives) and employees of a broker-dealer in connection with SEC and CFTC investigations into the use of personal devices and messaging applications to conduct business activity. 
  • Pool counsel for employees of a multinational financial institution in CFTC and SEC investigations relating to the use of personal devices for business-related communications. 
  • The former head of Investor Relations of a public company in connection with an SEC investigation into allegations of insider trading and misleading public statements. 
  • The executive VP and Chief Operating Officer of an international engineering and energy services corporation in connection with an FCPA investigation by the DOJ, and related investigations by regulators in Europe and South America. 
  • A bank executive for a European headquartered bank in connection with an FCPA investigation by the DOJ and SEC. 
  • A public company in connection with an internal investigation related to workplace misconduct allegations made about the company’s Chief Executive Officer.

Published Work

  • “Deconstructing Crypto Podcast: The U.S. Regulatory Vice Tightens”, Allen & Overy, March 2023 
  • “Deconstructing Crypto Podcast: The SEC’s Frontal Assault”, Allen & Overy, June 2023 
  • “Deconstructing Crypto Podcast: What’s Next After Ripple?”, Allen & Overy, September 2023 
  • “Deconstructing Crypto Podcast: The Post-FTX Landscape”, Allen & Overy, December 2023 
  • “Deconstructing Crypto Podcast: AI and the Gamification of Financial Markets”, Allen & Overy, January 2024 
  • "U.S. SEC pursuing influencers in USD300 million crypto ponzi scheme", Allen & Overy, August 2022 
  • "Crypto-tunities: Transaction strategies in the challenging crypto markets", Allen & Overy update, July 2022 
  • "U.S. Supreme Court limits EPA’s regulation of climate change pollution", Allen & Overy, July 2022 
  • "Insider Trading Enforcement Intensifies Across Markets and Regulators", New York Law Journal, Vol. 261-No. 18 (Jan. 28, 2019), with Anthony Mansfield and Chelsea Pizzola 
  • "Are You Listening? Whether Hedge Fund Managers Should Chaperone Primary Research Calls", The Hedge Fund Law Report, (Three Parts: Sept. 17, Sept. 24, Oct. 1, 2015), with Laurence Herman and Patrick Gordon (Gerson Lehrman Group) 
  • "Impact of ‘Newman’ In Other Insider Trading Cases", New York Law Journal (Feb. 5, 2015), with Gregory Morvillo 
  • "Once More Unto The Breach — Rehearing In Newman?", Law360 (Jan. 24, 2015), with Gregory Morvillo 

Recognition

He is a strong, zealous advocate who is pragmatic and sensible in his approach and the advice he gives.
Chambers & Partners USA for Litigation: White-Collar Crime & Government Investigations - New York, 2022
Sophisticated criminal defense practice, which sees [Gene] defend clients facing allegations such as fraud, FCPA violations and criminal tax matters.
Chambers & Partners USA for Litigation: White-Collar Crime & Government Investigations

Qualifications

Admissions

Registered Foreign Lawyer, England and Wales, 2024

Admitted: Bar of the State of New York

U.S. District Court for the Southern District of New York

U.S. District Court for the Eastern District of New York

U.S. Court of Appeals for the Second and Tenth Circuits

Academic

J.D., New York University School of Law, 1996

B.A., Brown University, 1990

Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.