This content is provided by David Stern.
Practice Areas
Financial regulatory, business crime and serious fraud with a particular emphasis on financial services and insurance, proceeds of crime and asset forfeiture.
Professional Memberships
Fraud Lawyers Association and Association of Regulatory and Disciplinary Lawyers.
Career
Joint Head of the Business Crime & Financial Regulation Practice Group. Acted as leading junior and junior counsel in many high profile proceedings, especially cases brought by the Serious Fraud Office and the FCA and those with international agency involvement. Successfully acted as leading junior and junior counsel in two SFO prosecutions for alleged manipulation of LIBOR benchmarks. Cases include Katcharian (prime bank guarantee high yield investment fraud), GFX Capital Markets (FX Ponzi scheme), Hughes (£100 million Spanish boiler room), Carney (commercial mortgage fraud) and Sandison (stock exchange listing fraud). Other landmark cases include Guinness II, Smith and Butte Mining. Technical expertise in appellate and divisional court work, including leading case law on the right to silence. Particular expertise in advisory work arising out of financial transactions and compliance. Instructed to represent corporations and individuals in FCA regulatory investigations. Accredited mediator, handling commercial disputes involving financial services and high-value insurance claims. Expert witness on the London insurance markets.
