North America - United States • Dispute resolution
Arnold & Porter
Arnold & Porter's 11-partner securities enforcement and litigation practice frequently handles high-stakes federal and state class action securities and derivative actions, as well as SEC, DOJ, CFTC and FINRA investigations. Many of its cases concern allegations of market manipulation and insider trading. Veronica Callahan in New York leads the group. She led one of the most highly publicized securities fraud cases brought in recent years when she defended the founder of Infinity Q Capital Management. Key partner Kathleen Reilly was also involved in that case. Aaron Miner recently acted for Yelp Inc. in a class action alleging misrepresentations and omissions relating to retention levels for local advertisers. In Washington DC, up-and-coming partner Jane Norberg, former Chief of the Office of the Whistleblower for the SEC, and Daniel Hawke, former head of the SEC’s Market Abuse Unit, are the key contacts.
Legal 500 Editorial commentary
Key clients
- James Velissaris, Founder and Former Chief Investment Officer of Infinity Q Capital, a $1.7 billion mutual fund
- HF Foods Group Inc.
- Leila Vespoli, former Executive VP and Chief Legal Officer of FirstEnergy Corp.
- Golden Peak Media
- Yelp Inc.
- Charles Schwab
- RSM US LLP
- Extended Nursing Personnel CHHA, LLC
- AIG
- York Capital Management
- New York Community Bancorp, Inc.
- Novartis
- KBL Sponsor IV, LLC and Dr. Marlene Krauss
- BKD LLP
- Dunkin Brands, Inc.
- Aegis Capital
Work highlights
- Represented James Velissaris, the founder and former Chief Investment Officer of Infinity Q Capital Management in connection with a fast moving DOJ criminal proceeding, SEC and CFTC civil regulatory actions, and multiple civil litigations.
- Scored a significant trial victory for New York Community Bancorp (NYCB) at NY State Court in which the Department of Labor’s ARB affirmed the Administrative Law Judge’s decision denying the employees’ claims in their entirety.
- Defended Yelp and its current and former officers in securities class action alleging misrepresentations and omissions relating to retention levels for local advertisers.
Practice head
The lawyer(s) leading their teams.
Veronica Callahan