Stephen Plotnick Quoted by New York Times on Stoker Case
Litigation partner Stephen Plotnick was quoted in the July 17 Dealbook column of the New York Times concerning the case of SEC v. Stoker. According to the SEC’s complaint, Stoker’s employer, Citigroup, created and sold a collateralized debt obligation for the undisclosed purpose of selling it short. Stoker was the lead manager for the deal. Citigroup and the SEC have sought to settle related allegations filed against Citigroup in a separate case, but the settlement was rejected by the District Court and is currently on appeal to the Second Circuit. Stoker has continued to fight the SEC’s claims that his conduct violated federal securities laws, and the trial commenced on July 16. Plotnick notes that the SEC “has been under a great deal of pressure to bring cases in the wake of the financial meltdown” and most likely pursued this one because it believes that it has a “strong case.”
Jack was honored with the Chairman's Award, in recognition of his "tireless efforts and unending dedication to the foundation."
Mr. McCarthy has joined the firm as a partner in the Litigation Department, bringing with him years of experience in international litigation and arbitration.
Our 2017 Year in Review highlights the cutting-edge work of our clients, both foreign and domestic, and some of the ways we helped them succeed.
Over breakfast at the midtown office, more than 30 members of the private equity community gathered to create a deal flow for all concerned.
Val Vasi discussed aint-money laundering (AML) guidelines in the art world and AML regulations in the financial services industry
Carter Ledyard client Lisa Schwarz, developer of the Comprehensive Resource Model trauma treatment model, prevailed on her motion for contempt against Dr. David Grand in proceedings in the Federal District Court for the…
Together with Her Justice, Carter Ledyard attorneys were successful in guiding pro bono clients apply for their U-Visa, obtain deferred and final approval of legal status, and receive employment authorization.