Timothy Hoeffner > McDermott Will & Emery LLP > New York, United States > Lawyer Profile

McDermott Will & Emery LLP
340 MADISON AVENUE
NEW YORK, NY 10173-1922
NEW YORK
United States
Timothy Hoeffner photo

Work Department

Trial

Position

Timothy E. Hoeffner is a co-head of the Firm’s accounting defense, securities & corporate governance litigation and bankruptcy litigation practices. He represents leading accounting firms, issuers, directors and officers in lawsuits, arbitration and other proceedings involving federal regulators, bankruptcy trustees, shareholders and noteholders. He also frequently represents accountants, issuers and directors and officers in enforcement proceedings before the US Securities and Exchange Commission, Public Company Accounting Oversight Board (PCAOB), Department of Justice and other federal and state regulatory authorities. His trial experience includes numerous cases in both state and federal district and bankruptcy courts, as well as arbitration and regulatory proceedings.

Tim is currently providing counsel in the sole remaining case against Deloitte relating to Adelphia Communications, and is handling global litigation and regulatory matters for another Big 4 firm in central Europe. He has successfully defended an accounting firm in a lengthy arbitration arising from the subprime market collapse based on the panel’s conclusion that the trustee failed to prove loss causation. Additionally, Tim was lead counsel in enforcement proceedings on behalf of an engagement partner that resulted in a dismissal of all claims following a hearing and appeal to the PCAOB.

Lawyer Rankings

United States > Dispute resolution > Securities litigation: defense

McDermott Will & Emery LLP has an ‘outstanding securities litigation defense team, both in SEC regulatory and civil litigation matters’. The firm is best known for its work in class action matters in the key fora of New York, Delaware, Massachusetts, California, Illinois and Washington DC. Its client base spans a range of industries including energy, venture capital, investment banking, entertainment and accounting. Timothy Hoeffner in New York and Steven Scholes in Chicago are the lead partners. Scholes and ‘outstanding defense attorney’ Paul Helms, in Washington DC, are acting for seven former officers and directors of PG&E in a high-profile breach of fiduciary duty action originally filed as several shareholder derivative actions arising from the 2017 and 2018 wildfires in Northern California. Hoeffner achieved the dismissal of claims against accounting firm BDO in In re AmTrust Financial Services Inc., Securities Litigation. Seth Friedman is also recommended for defending accounting firms. New York’s Joel Haims  joined the team from Morrison Foerster in June 2022.