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May 12, 2008

Gregory S. Bruch and Elizabeth P. Gray join the firm as partners, and Julie A. Smith as of counsel, in the Litigation Department in the Washington office, effective May 12. 

On May 12, the firm announced that Gregory S. Bruch and Elizabeth P. Gray have joined the firm as partners, and Julie A. Smith as of counsel, in the Litigation Department in the Washington office, effective May 12.  Veterans of the Securities and Exchange Commission’s Division of Enforcement, these recognized experts will continue to focus their practice in the areas of securities law enforcement, compliance and litigation.

Mr. Bruch, a former Assistant Director at the SEC, served 12 years with the SEC’s Division of Enforcement in Washington, D.C., where he was responsible for some of the agency’s significant enforcement actions concerning complex financial fraud, market manipulation, insider trading and FCPA matters.   In 2000, Mr. Bruch received the Stanley Sporkin Award in recognition of his contributions to the SEC's enforcement program.  As a private attorney, Mr. Bruch has built a nationally recognized practice representing public companies, broker-dealers, investment advisers, hedge funds and other private funds, officers and directors and other institutions and individuals in connection with securities law enforcement, compliance and litigation matters. 

Ms. Gray, also a former Assistant Director in the SEC’s Division of Enforcement, spent over 12 years with the agency, where she brought and supervised the investigation, prosecution and settlement of major enforcement actions involving insider trading, clearing broker and complex financial fraud.  During her tenure at the SEC, Ms. Gray also served as counsel to Chairman Arthur Levitt, providing recommendations on enforcement and regulatory matters, and developing the SEC's program to address fraud in the microcap market.  She currently represents clients in a wide variety of government and regulatory investigations arising under the federal securities laws as well as in complex internal investigations.

Ms. Smith previously served as Senior Counsel in both the SEC’s Legal Policy Group of the Office of the General Counsel and the Division of Enforcement, where she was responsible for a number of enforcement actions and investigations involving accounting fraud, insider trading, and auditor independence.  In private practice, Ms. Smith represents public companies and other registrants, senior officers and directors in connection with investigations by the SEC and other government agencies.