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Goodwin

THE NEW YORK TIMES BUILDING, 620 EIGHTH AVENUE, NEW YORK NY 10018, USA
Tel:
Work +1 212 813 8800
Fax:
Fax +1 212 355 3333
Email:
Web:
www.goodwinlaw.com

Richard Strassberg

Tel:
Work +1 212 813 8859
Email:
Goodwin

Position

Partner Co-Chair, Securities Litigation & White Collar Defense

Career

Rich Strassberg, co-chair of Goodwin Procter's Securities Litigation & White Collar Defense Group, chair of its White Collar Crime & Government Investigations Practice and a member of the firm’s Executive Committee, specializes in white collar criminal defense, SEC enforcement proceedings, Foreign Corrupt Practices Act (“FCPA”) compliance and investigations, corporate internal investigations, and complex business and financial litigation. Under Mr. Strassberg’s leadership, Law360 recognized the Goodwin Procter White Collar Crime and Government Investigations Practice as being one of the top five white collar practices in the United States. Prior to joining the firm, Mr. Strassberg was the Chief of the Major Crimes Unit in the U.S. Attorney's Office for the Southern District of New York, responsible for supervising approximately 25 Assistant U.S. Attorneys in the prosecution of white collar criminal cases.

Education

J.D., 1988 Harvard Law School (cum laude) B.S., 1985 Cornell University (with distinction)


United States: Dispute resolution

Corporate investigations and white-collar criminal defense

Within: Corporate investigations and white-collar criminal defense

Goodwin’s key names in New York are the ‘outstanding strategist and trial lawyer’, Richard Strassberg, the ‘exceptional’, Derek Cohen and the ‘bright, scholarly and practicalWilliam Harrington, who stands out for his ‘terrific rapport with government’. Grant Fondo in San Francisco and Steven Ellis in Los Angeles represented Coinbase, a digital currency exchange, in its opposition to an Internal Revenue Service ‘John Doe’ summons and petition in connection with allegations that buyers and sellers are evading tax. In a major victory, Fondo and Cohen successfully defended former JP Morgan investment banking analyst, Ashish Aggarwal, against a 30-count criminal indictment involving conspiracy, insider trading, tender offer fraud and wire fraud. Fondo and Strassberg are representing the former chairman and CEO of Wells Fargo in litigation and investigations arising from allegations the company secretly opened unauthorized accounts for customers.

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Financial services litigation

Within: Financial services litigation

The ‘knowledgeable and strategic’ team at Goodwin has a ‘very strong reputation’ for consumer finance matters and continues to be active in many of the most significant enforcement actions, investigations and litigation in the sector. As well as his regular work on behalf of Bank of America, ‘excellent strategistThomas Hefferon has been involved in numerous high-profile CFPB-related matters, such as on behalf of Ocwen Financial in the defense of litigation filed by the CFPB (and accompanying actions brought by both the Florida and Massachusetts attorneys general) challenging its loan servicing practices. Notably this matter has garnered particular industry attention as it is one of the most aggressive enforcement actions taken by the regulator against a mortgage loan servicer and as part of Hefferon’s defense the team is arguing an important administrative law issue in its assertion that the CFPB is unconstitutionally structured since it vests too much unfettered power in the hands of the CFPB's director and the bureau itself. David Permut regularly handles mortgage-related litigation and recently successfully secured summary judgment for Bank of America in a putative class action alleging that it had violated the Racketeer Influenced and Corrupt Organizations Act (RICO) in connection with its captive reinsurance arrangements. Grant Fondo and Richard Strassberg continue to represent the former CEO of Wells Fargo in high-profile class action and derivative litigation regarding the bank’s sales practices. Brian Pastuszenski is praised for his ‘informed and practical advice’. In March 2019, the firm acquired Douglas Flaum in New York, who was formerly co-head of securities litigation at Paul Hastings LLP

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Leading trial lawyers

Within: Leading trial lawyers

Richard Strassberg - Goodwin

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