Gurbir Grewal. Photo: David Handschuh/ALM Defense Attorneys Speak Out About Grewal's Get-Tough Tactics at the SEC
"It's really hard to shake things up at a large entity that has done things a certain way. That said, I have to believe Gurbir didn't have to take this job and was very thoughtful about the fact that he had these challenges to face," attorney Sean McKessy said.
December 15, 2021 at 11:37 AM
6 minute read
Federal Government
Attorneys defending individuals and companies in U.S. Securities and Exchange Commission enforcement actions say they are working longer and harder thanks to the stricter approach to enforcement under Gurbir Grewal.
Grewal took the helm at the SEC's enforcement division in July after three years as New Jersey's attorney general. He also had stints as the Bergen County prosecutor and as chief of the Economic Crimes Unit at the U.S. Attorney's Office in New Jersey.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Gibbons Reps Asylum Seekers in $6M Suit Over 2018 ‘Inhumane’ Immigration Policy
3 minute read
Lawyers' Phones Are Ringing: What Should Employers Do If ICE Raids Their Business?
6 minute read
'Younger and Invigorated Bench': Biden's Legacy in New Jersey Federal Court
5 minute read
3rd Circuit Strikes Down NLRB’s Monetary Remedies for Fired Starbucks Workers
Law Firms Mentioned
Trending Stories
- 1Jury Seated in Glynn County Trial of Ex-Prosecutor Accused of Shielding Ahmaud Arbery's Killers
- 2Ex-Archegos CFO Gets 8-Year Prison Sentence for Fraud Scheme
- 3Judges Split Over Whether Indigent Prisoners Bringing Suit Must Each Pay Filing Fee
- 4Law Firms Report Wide Growth, Successful Billing Rate Increases and Less Merger Interest
- 5CLOs Face Mounting Pressure as Risks Mushroom and Job Duties Expand
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
