Financial Services

Jim has represented major financial services institutions in a variety of litigation matters, including defending against federal class action lawsuits and securities law violations, and internal investigations alleging violations and fraudulent activity.

Representative Matters:

  • Represents a major international petroleum company facing allegations of state and federal securities laws violations related to an alleged multi-million kickback scheme involving overpayments to contractors and government officials.
  • Defended a global bank in connection with its worldwide exposure to the multibillion-dollar Bernard Madoff fraud.
  • Defended various global banks in federal class action lawsuits alleging violations of Section 11 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
  • Defended a major national bank against a federal class action lawsuit alleging Section 11 violations. Successfully prevented plaintiffs from substituting a class representative, leading to a settlement for less than 10 percent of the initial demand.
  • Represented a sovereign wealth fund in an internal investigation into allegations of corrupt payments by an employee.
  • Defended a Korean trading corporation in a New York state court action alleging breach of contract.
  • Defended a national bank as trustee in a Pennsylvania state court action seeking a declaratory judgment relating to the proceeds of an insurance claim.
  • Represented corporate executives in a California state court action against former business partner and his advisers seeking damages stemming from the former partner’s theft of corporate opportunities.