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What the team is known for Continues to be sought after by financial institutions needing regulatory and compliance advice thanks to its familiarity with a host of government agency and regulatory enforcement proceedings. Often called upon by major foreign banks to handle multi-regulator cross-border enforcement actions. Also handles significant matters for public company clients, including both domestic and foreign companies across several industries. Works on the full range of SEC proceedings, including accounting investigations, and fields an impressive roster of former SEC employees. Client base increasingly includes asset and investment managers facing regulatory proceedings.
Strengths"They're full-service and do fantastic work," states a source, adding: "They are excellent lawyers - very commercial and very attentive."
Work highlights Represented Blackstone Group in SEC and DOJ investigations regarding its portfolio company Seaworld. The company was alleged to have not accurately reported the impact of the documentary 'Blackfish' on attendance rates, which had sharply declined after its release. Successfully resolved both the SEC and DOJ investigations, which resulted in no enforcement actions or charges against the client.
Brad Karp maintains a strong reputation in the market for his work across high-stakes civil, criminal and regulatory matters. He is highly adept at SEC enforcement, handling sensitive investigations and proceedings for major banks, investment funds, companies and executives. "He does everything, and he's really excellent," state interviewees.
Lorin Reisner is known for his excellent representation of clients in matters before the SEC. He represents large corporations, as well as private equity firms and asset managers, in insider trading, accounting and disclosure matters. Sources describe him as "a great lawyer and a gem of a person."
Walter Ricciardi is highly skilled at acting for banking and accounting clients, as well as international corporations. He handles enforcement actions and investigations by bodies such as the SEC and CFTC into market manipulation allegations, among others. "He gives spot-on advice," states one source, while another notes that he "brings a wealth of experience, and really stands out."