Sadis & Goldberg’s Securities Litigation Group consists of experienced securities and commercial litigators. We focus on representing clients prosecuting or defending claims under federal and state securities laws. Our litigators are well versed with the financial services industry and operation of private funds, thereby allowing us to more effectively represent advisers and investors in disputes. We regularly represent clients in court, in arbitration, and in regulatory proceedings with the SEC and FINRA. Recent matters include:

  • Representing Ascot Fund, Ltd. in litigation arising from investments lost in Madoff Ponzi scheme.
  • Represented NIR Group, LLC in litigation against SEC, and negotiated favorable settlement after obtaining Court order requiring SEC to amend complaint to address deficiencies raised by motion to dismiss.
  • Representing two Managing Directors of large investment bank in SEC investigation into alleged insider trading.
  • Represented president of broker-dealer in SEC investigation into insider trading related to China Yingxia Int’l, Inc., and negotiated favorable settlement involving less than $100,000 of disgorgement and penalties.
  • Represented consultant to Chinese Micro-Cap companies in SEC litigation alleging market manipulation and unregistered securities sales; negotiated settlement significantly lower than disgorgement and penalties initially demanded by SEC.
  • Persuaded FINRA not to bring charges against broker-dealer for excessive service charges, after investigation was referred to FINRA Enforcement.
  • Representing investment adviser in ongoing SEC litigation alleging that adviser misrepresented liquidity, valuation and use of cross-trading.
  • Successfully represented broker against FINRA arbitration churning claims, obtaining decision recommending expungement of claims from FINRA records and favorable settlement for less than 6% of claimed damages.
  • Successfully obtained SEC investigatory closure letters with no enforcement action on behalf of numerous clients.
  • Successfully litigated and settle numerous disputes between hedge fund investors and advisers.

Practice Contacts