Mark S. Mandel

Mark S. Mandel is a partner in New York office, where his practice focuses on complex securities-related litigation and enforcement. Mark is admitted in, and has appeared before, numerous federal court and agencies. A former chief of the New York office of the U.S. Securities and Exchange Commission’s Division of Broker-Dealer Enforcement, he has, in his almost 20 years as a private practitioner, represented investment banks, corporations, and directors and officers in many high-profile matters, from SEC, DOJ, state attorneys general and self-regulatory organization investigations to national securities class actions. Recent favorable results include obtaining the dismissal with prejudice of a major international investment bank from a $140 million securities fraud suit arising from the aborted sale of a Polish telecommunications company; obtaining, on behalf of a large NYSE-listed REIT, a no-enforcement action letter from the SEC following an investigation of a restatement stemming from allegations by a former chief financial officer claiming whistleblower status; and obtaining the dismissal with prejudice of an NYSE-listed international telecom in a securities fraud suit seeking $100 million in damages arising out of the sale of a Greek cellular phone company.

Mark lectures frequently on securities litigation topics at annual securities industry conferences and bar association seminars, including recent presentations on "Insider Trading Law and the new SEC Enforcement Environment," "Preparing for SEC Examinations of Private Fund Advisers," and "Market Rumors, Short Selling and Current Regulatory Focus." He received his B.B.A., in finance, from Hofstra University, and his J.D. from the American University Washington College of Law.

Selected Representations

Represent investment banks, corporations, and directors and officers in connection with securities class actions and investigations by the SEC and self-regulatory organizations (SROs). Recent favorable results include:

• Obtaining the dismissal with prejudice of a major international investment bank from a $140 million securities fraud suit arising from the aborted sale of a Polish telecommunications company.
• Obtaining the dismissal with prejudice of a large retailer from a $100 million class-action securities fraud suit in connection with a bond tender offer.
• Obtaining a no-enforcement action letter from the SEC on behalf of a large NYSE-listed REIT following an investigation of a restatement stemming from allegations by a former CFO claiming whistleblower status.
• Successfully defending a former student-loan executive in investigations brought by the New York State Attorney General, the U.S. Senate, the U.S. House of Representatives, the Department of Education and various state attorneys general concerning student-lending practices.
• Obtaining the dismissal with prejudice of an NYSE-listed international telecom giant in a securities fraud suit alleging $100 million in damages in connection with the sale of a Greek mobile-telecommunications company.
• Obtaining the dismissal with prejudice of a major broker-dealer in a consumer class action alleging breach of fiduciary duty in connection with stock-lending practices.
• Obtaining a no-enforcement action letter from the NASD (now FINRA) on behalf of a well-known broker-dealer in a large-scale investigation relating to “B” shares.

Selected Speaking Engagements

Bar Admissions

• New York

Education