Loeb & Loeb’s White Collar Criminal Defense Group is well-known for representing clients in high-profile white collar criminal defense matters, regulatory enforcement matters and internal investigations. We represent corporations, boards of directors, board committees, management and other individuals in connection with some of the most difficult and challenging problems our clients face. These include investigations relating to allegations of securities and accounting fraud, violations of the Foreign Corrupt Practices Act, insider trading, tax shelter fraud, money laundering, bank fraud, and other white collar criminal and fraud-related matters.
Loeb & Loeb’s White Collar Criminal Defense Group is made up of experienced trial attorneys. Our team includes lawyers who formerly served as Assistant U.S. Attorneys in New York, Chicago and Los Angeles; State Inspector General; Director of State Police; Director of Law Enforcement for the U.S. Treasury Department; Associate Independent Counsel with the Office of Independent Counsel; Trial Attorney with the Federal Trade Commission’s Bureau of Competition; and state prosecutors. Members of our group have been recognized by Chambers USA, The Best Lawyers in America, Super Lawyers, and other leading publications and legal directories.
We employ a multidisciplinary approach to assist and protect companies, officers, boards of directors, board committees and directors. When client companies or individuals are under investigation or have been charged by law enforcement or regulatory agencies, we work tirelessly to navigate the often complicated and intertwined legal, business and other reputational issues at hand. We prevent charges from being brought, negotiate favorable resolutions and, in those occasions when there is simply no other way, we provide a vigorous defense at trial. Because experience has taught us that one size rarely fits all, we bring creative thought to every aspect of every engagement.
We recognize that effective representation means more than doing our best to obtain a favorable outcome. Highly sensitive matters involving law enforcement require attention to important subsidiary matters such as adverse publicity, reporting requirements and the prospects of follow-on civil litigation. Proper counseling requires experience and superior judgment.
We have conducted major internal investigations of fraud, embezzlement and other business crimes, and we have served as or represented court-appointed trustees, independent board committees, monitors and receivers of entities victimized by fraud. When an investigation reveals misconduct, we assist the company in prosecuting those responsible and obtaining restitution or damages.
With today’s aggressive enforcement and whistle-blower activity in mind, our experienced attorneys also provide valuable advice to help companies conduct transactional due diligence, as well as to develop and implement compliance programs designed to detect and, to the extent possible, prevent wrongdoing. If wrongdoing is detected or suspected, we conduct internal or independent investigations to determine the scope of the problem, resolve the matter, prepare for and deal with regulatory scrutiny, and minimize damage.
Loeb & Loeb’s White Collar Criminal Defense Group has been involved in some of the most important white collar and regulatory enforcement matters, from the Boesky/Drexel Burnham matters in the 1990s to the Foreign Corrupt Practices Act and insider trading investigations today.
Some of our significant representations include:
- Representation and acquittal of the lead defendant in the largest Foreign Corrupt Practices Act sting operation ever conducted by the U.S. Department of Justice and the Federal Bureau of Investigation.
- Representation of the audit committee of a multinational corporation in connection with an internal investigation of alleged violations of the Foreign Corrupt Practices Act in Asia.
- Representation of a multinational corporation in connection with an internal investigation of alleged violations of the Foreign Corrupt Practices Act in Russia.
- Representation of an international bank that was the victim of a multimillion-dollar fraud scheme and coordination of those efforts with the federal government.
- Court-appointed counsel to a major defense contracting company. We recovered millions of dollars stolen from the company by its former executives and financial advisors and worked closely with the U.S. Attorney, the Justice Department and the Department of the Navy, coordinating their investigations with new management.
- Appointed counsel to the examiner by a federal bankruptcy judge to investigate an off-shore hedge fund accused of conducting millions of dollars of fraudulent transactions. The resulting report detailed securities violations, breach of fiduciary duty, mismanagement and fraud, which led the parties to settle their disputes.
- Coordination of the international defense of a group of prominent Russian business leaders. This includes participation in the successful defense of extradition requests lodged with numerous countries, the successful defense of numerous Mutual Legal Assistance Treaty requests for information and investigative assistance from various countries, and the prosecution of claims before the European Court of Human Rights, as well as visa support.
- Representation of the special committee of the board of directors of an Internet poker company in connection with an internal investigation prompted by investigations by the U.S. Attorney's Office for the Southern District of New York.
- Representation of the CEO of a London Stock Exchange FTSE 100 company in a criminal investigation of Internet gambling by the U.S. Attorney's Office for the Southern District of New York. The company signed a non-prosecution agreement with the government, and no officers or directors were charged.
- Representation of a public company with operations in China that is under investigation by the U.S. Securities and Exchange Commission in connection with allegations relating to accounting irregularities in connection with an acquisition.
- Representation of a public company with operations in China that is under investigation by the U.S. Securities and Exchange Commission in connection with allegations relating to insider trading by a member of the company's board of directors.
- Investigations regarding allegations of options misdating and accounting fraud in numerous public companies.
- Investigation and litigation for one of the world’s largest insurance carriers regarding an insurance fraud totaling hundreds of millions of dollars.
- Successful representation of a major hedge fund that had been a target of extortion by a former principal.
- Investigation of accusations that certain employees or officers of an international company were siphoning off corporate assets.
- Representation of an employee of a major investment banking house in connection with state and federal criminal and SEC investigations into so-called “spinning” with regard to allocations of initial public offerings.