Anthony J. Borrelli

Practice Areas

Business litigation matters, with a particular emphasis on the financial services industry, including Sales Practice, Employment, Regulatory, Securities Litigation and Corporate Internal Investigations.

Career

A.J. Borrelli is Co-Chair of the Firm, and chairs the Firm’s Securities Litigation, Arbitration, Regulation and Investigations Practice Group, which was awarded “Litigation Department of the Year” for a specialty practice area by the New Jersey Law Journal in 2020.

A.J. has handled a variety of business litigation matters, with a particular emphasis on the financial services industry.

Sales Practice: A.J.’s practice includes defense of claims alleging fraud, self-dealing, churning, breach of fiduciary duty, unauthorized trading, forgery, bribery, conversion, selling away, unsuitability, over-concentration, and violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. He also defends “complex product cases” involving closed-end funds, annuities and structured products. For over five years, A.J. represented a major broker-dealer in a series of related product cases, focusing on the adequacy of disclosures in the offering documents and the scope of discovery in a coordinated, nationwide defense effort. Most recently, A.J. has represented a large financial services firm in the defense of claims related to a managed options strategy.

Employment: He litigates claims unique to the securities industry, including disputes involving employee loans, bonuses, investment banking fees, unpaid compensation, violations of labor statutes or wage and hour laws, defamation, favoritism, constructive discharge, client solicitation, confidentiality, non-compete agreements and severance packages. Of note, A.J. successfully defended a brokerage firm and its employees in a “reverse” sexual harassment case, which was settled and dismissed without any compensation given to the accuser.

Regulatory: A.J. represents broker-dealers and financial professionals in connection with investigations conducted by federal and State law enforcement agencies and inquiries opened by federal and State regulatory bodies.

Litigation: He represented multiple parties in a securities litigation brought against Tyco International (U.S.) Inc. and its officers and directors. A.J. also successfully defended a financial services firm against a consumer class action alleging violations of the Fair Credit Reporting Act. Additionally, A.J. worked with a financial services firm’s Anti-Money Laundering unit to successfully prosecute an interpleader action that involved a fraudulent wire transfer as part of a larger scheme.

Corporate Internal Investigations: A.J. reviews and assesses potential violations of SRO rules and regulations, federal and State securities laws, and internal compliance policies.

Professional Memberships

Member, SIFMA Compliance & Legal Society