Shearman & Sterling’s White Collar Defense & Investigations practice is composed of more than 100 partners and associates, including former government prosecutors and regulators who, collectively, have tried well over 100 jury trials. With more than a dozen attorneys that have previously served in the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC), our practice has firsthand knowledge of the way the government and other agencies operate and conduct investigations, which enables us to aid clients in achieving the best possible outcome. Financial institutions, companies and their executives seek our counsel in navigating complicated and highly sensitive investigations, due to our experience before major federal and state regulatory enforcement authority and in courtrooms nationwide.
We represent clients at all stages of high-stakes law enforcement and regulatory actions, including matters before the DOJ, SEC, the Commodity Futures Trading Commission (CFTC), the Federal Reserve Board (FRB), the Office of the Comptroller of the Currency (OCC), the New York State Department of Financial Services (DFS), the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN). We also have extensive experience counseling clients during their dealings with a range of law enforcement agencies and regulators in Europe (and Asia), including the Serious Fraud Office (SFO), Her Majesty's Revenue and Customs (HMRC), Financial Conduct Authority (FCA) and National Crime Agency (NCA) in the U.K.
Our areas of expertise include insider trading, securities fraud, criminal antitrust violations, the Foreign Corrupt Practices Act, sanctions, accounting fraud and countless other more technical issues that can result in regulatory enforcement. We combine this substantive knowledge with investigative and tactical expertise to deal with the most delicate and complex situations financial institutions are facing.
The practice has yielded exceptional success in managing major investigations including, when necessary, in the courtroom. We have persuaded authorities to decline charges in many cases across a wide variety of industries, including financial services, technology, healthcare, industrials, among others. When charges are filed, we have been able to negotiate favorable resolutions that minimize financial and reputational impacts. And if an acceptable resolution is not possible we are more than ready to go to court, where we have prevailed in some of the most high-profile and significant matters in recent years, including the seminal U.S. v. Newman insider trading case in which our client was exonerated on all charges, and several rare acquittals in cases accusing business executives of price fixing. The quality of our practice has also been recognized by government regulators who have appointed our partners as independent monitors to conduct in-depth compliance reviews in dozens of countries, earning us a relationship of trust and credibility in the profession.
FCPA and Monitorships