Securities Litigation and Enforcement
As a firm that can pursue claims against both Wall Street and insurance companies, Jenner & Block has the conflicts profile and trial skills of a litigation boutique, but the sophisticated transactional and bankruptcy practice that helps us bring to bear a full range of perspectives on both sides of the docket.
Because of our experience suing Wall Street, we frequently represent institutional investors, such as hedge funds, foreign banks, and Fortune 500 companies in claims to recover losses from complex securities and derivatives, including CDOs, ARS, and RMBS. We draw on the experience of our 20 former prosecutors and senior SEC lawyers, our bankruptcy lawyers, and our transactional partners to help us investigate, analyze, and prove our client’s case. In our plaintiff’s side practice, we have obtained verdicts, judgments, arbitration awards, and settlements, many in excess of $100 million, including a jury verdict of more than $1.5 billion as well as the largest recovery in a claim involving auction-rate securities (over $400 million).
We also defend private securities claims, representing public and private companies in class actions, derivative shareholder litigation, and tender offer litigation. In many matters, we represent officers or directors facing personal liability. We also assist with the often complex securities, commodities, and regulatory issues that arise in bankruptcy and insurance coverage disputes. In addition, we have extensive experience in corporate governance matters in the Delaware courts and elsewhere, including shareholder demands for corporate books and records under Delaware General Corporate Law Section 220 and other similar state statutes.
We have a robust enforcement practice based on our deep bench of former government lawyers. We regularly represent clients in SEC and other investigations alleging financial fraud, accounting irregularities, disclosure and internal control deficiencies, insider trading, Ponzi schemes, foreign corrupt practices, and other misconduct. We have extensive experience in managing multiple litigation fronts, such as parallel criminal and SEC investigations, state regulatory investigations and private litigation. We also conduct internal investigations, where our independence allows us credibly to investigate and evaluate allegations of professional malpractice, impropriety and wrongdoing.
Another significant focus of our practice is the representation of law firms and other professionals in misrepresentation and negligence actions relating to securities issuances and transactions. We represent clients in proceedings before FINRA, the CBOE, and the National Futures Association, and members of our practice also serve as arbitrators and mediators for those organizations.