White Collar Criminal Defence, Regulatory Enforcement and Internal Investigations

• Copenhagen-based Danske Bank A/S in investigations by DOJ, the SEC, and Danish criminal authorities arising from its former Estonian branch, resulting in a USD 2 billion global settlement. This settlement was nominated for Most Important Development of the Year at the Global Investigations Review 2023 awards.  
• Counsel to DOJ’s Independent Monitor of Binance, the global cryptocurrency exchange, in connection with its USD 4.3B BSA / AML and sanctions resolution with DOJ. This settlement was nominated for Most Important Development of the Year at the Global Investigations Review 2024 awards.
• Deutsche Bank in the investigation and resolutions with the New York State Department of Financial Services and the Federal Reserve relating to anti-money laundering compliance in its Moscow office. No DOJ charges were brought.
• UniCredit in connection with compliance obligations arising from its settlements with DOJ, the District Attorney of New York County, the Federal Reserve, OFAC and the New York State Department of Financial Services, following global resolution of U.S. economic sanctions charges.
• Wachovia Bank in the investigation and resolution with DOJ, FinCEN, and the OCC related to anti-money laundering compliance in Wachovia’s correspondent banking business.
• Fiat Chrysler Automobiles N.V. and FCA US LLC in resolving an SEC investigation of sales reporting practices.
• Numerous financial institutions and companies in cross-border investigations relating to money laundering, BSA/AML compliance, and sanctions violations, including in connection with Russia, the Baltics, the Middle East, and Latin America.
• Cryptocurrency exchange, in CFTC and DOJ investigations into alleged KYC / AML violations.
• Major financial institution in multiple internal investigations related to control failures and regulatory interactions.
• Numerous companies and financial institutions in internal investigations involving whistleblower and workplace misconduct allegations, including sexual harassment, hostile workplace environment, and discrimination.
• Technology company, in an internal investigation into sexual harassment and hostile workplace environment allegations.
• Consumer-facing tech company in a DOJ fraud investigation, resulting in a declination.
• Global investment bank in connection with SEC and FINRA inquiries into underwriting practices.
• Global financial institution in connection with a price-fixing investigation.
• A company and its CEO in connection with an insider trading investigation. Secured a declination from the SEC.
• Global financial services firm in a False Claims Act investigation in which the government declined to intervene.

Securities and Complex Commercial Litigation

• A major global bank against claims it aided and abetted an alleged Ponzi scheme.
• A major global bank in connection with lawsuit asserting claims under foreign law for environmental damages allegedly caused by mining company.
• Nomura Holding America Inc. in a securities action brought by the Federal Housing Finance Agency concerning Freddie’s and Fannie’s purchase of RMBS before the financial crisis. Defended Nomura in four-week bench trial in the U.S. District Court for the Southern District of New York, in one of the only financial crisis securities litigations to go to trial.
• Philips in a successful bench trial before the Delaware Court of Chancery involving contractual, fraud and corporate law claims by an Italian investor under the laws of Italy, the Netherlands and Delaware pertaining to a €200 million loan to a third-party company.
• Goldman Sachs in a series of litigations brought by various companies alleging that they manipulated the market for those companies’ stocks by intentionally failing to deliver shares sufficient to settle short positions entered into by the defendants’ clients.
• Porsche in obtaining the dismissal of federal securities claims (affirmed by the U.S. Court of Appeals for the Second Circuit) seeking more than $2.5 billion arising out of its takeover bid for Volkswagen; also represented the client in obtaining the dismissal, on appeal, of parallel claims brought in New York State Court.
• A prominent family office, in litigation arising out of a Ponzi scheme.