Ms Olivia Choe > Milbank > Washington DC, United States > Lawyer Profile
Milbank Offices

1850 K STREET, NW
SUITE 1100
WASHINGTON DC 20006
DISTRICT OF COLUMBIA
United States
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Ms Olivia Choe

Work Department
Litigation & Arbitration Group
Position
Partner
Career
Ms. Choe’s practice focuses on civil and criminal enforcement actions and complex, high-stakes litigation. She advises global financial institutions, public companies, and asset managers confronting complex enforcement matters, drawing on her nearly 15 years of experience as a government trial attorney, supervisor, and senior enforcement official. Before joining Milbank, she served as the Chief Litigation Counsel for the Securities and Exchange Commission, and before that, as a federal criminal prosecutor in the Department of Justice. She has successfully first-chaired multiple civil and criminal federal jury trials and litigated enforcement actions in federal courts across the country.
As Chief Litigation Counsel for the SEC’s Division of Enforcement, Ms. Choe oversaw the nationwide litigation and trial program, leading more than 150 trial attorneys throughout the country. She developed and directed litigation strategy across the enforcement docket, advising trial teams in a wide range of high-profile cases involving both individuals and entities. She provided strategic advice and guidance to Commission leadership and hundreds of enforcement staff on complex issues in a broad array of investigations and enforcement actions. During her tenure, Ms. Choe spearheaded the Enforcement Division’s response to many significant legal developments, frequently working with other key divisions and offices throughout the SEC. She also supervised staff responsible for returning nearly $1 billion annually to harmed investors.
Before joining the SEC in 2016, Ms. Choe was an Assistant US Attorney in the Southern District of Florida, where she prosecuted and tried numerous white-collar, violent crime, and child exploitation and human trafficking cases, and argued before the US Court of Appeals for the Eleventh Circuit. Prior to her government service, Ms. Choe was a white-collar and commercial litigator with an international law firm.
She is a two-time recipient of the SEC’s Arthur F. Mathews Award for creativity in applying the federal securities laws for the benefit of investors. Ms. Choe teachers a seminar on White Collar Crime at the George Washington University Law School and is a barrister in the Edward Bennett Williams Inn of Court. She was recently elected to serve on the Steering Committee of the Corporation, Finance, and Securities Law Community of the DC Bar. She is also an active member of the Federal Bar Council and the National Asian Pacific American Bar Association.
Ms. Choe began her career as a law clerk to the Honorable John M. Walker, Jr. of the US Court of Appeals for the Second Circuit and the Honorable Rya W. Zobel of the US District Court for the District of Massachusetts.
Memberships
She was recently elected to serve on the Steering Committee of the Corporation, Finance, and Securities Law Community of the DC Bar. She is also an active member of the Federal Bar Council and the National Asian Pacific American Bar Association.
Education
Ms. Choe graduated summa cum laude from Harvard University and received her J.D. from Yale Law School, where she was an Articles Editor for The Yale Law Journal.
Lawyer Rankings
United States > Dispute resolution > Securities litigation: defense
Subsumed within the firm’s broad-based litigation and arbitration practice group, which is headed from New York by Alexander Lees, Milbank‘s securities litigation offering is very well-placed to represent issuers, underwriters, individuals and an increasing number of accountants to advise on core rule 10-b 5 and section 11 fraud-related claims. Much of the work also regularly involves parallel regulatory scrutiny, which the firm is well-placed to handle by virtue of having a number of former agency officials in its ranks, including New York-based Gurbir Grewal, whose arrival in January 2025 from the SEC follows on the heels of his former colleague at the agency Olivia Choe, who joined the Washington DC office in October 2024. The team is also adept at handling work on the outskirts of core securities litigation, including 40 Act matters and ERISA-related class actions regarding fiduciary breaches, both areas that the well-respected New York-based litigator Sean Murphy handles as part of his broad-based securities/shareholder defense practice. New York-based attorney Scott Edelman combines his duties as chairman of the firm with a strong litigation practice that sees him regularly handle securities litigation matters and derivative actions. Also located in New York, Jed Schwartz continues to develop a very strong securities practice, including for underwriters on statements made in offering documents accompanying IPOs and secondary offerings.
United States > Dispute resolution > Corporate investigations and white-collar criminal defense
Milbank is highly regarded for its expertise in corporate criminal investigations, representing both individuals and corporations. The firm handles government investigations in sectors like securities, commodities, banking, and financial services, dealing with cases involving antitrust violations, bribery, money laundering, data breaches, and sanctions violations. The firm is experienced in regulatory and court proceedings, representing clients in interviews, testimony, and trials before U.S. and international regulators. Many attorneys have significant trial experience. The practice also excels in corporate internal investigations, advising companies and boards on governance and compliance. Notable attorneys include George Canellos , who represents financial institutions in investigations and litigation, and James Cavoli , who handles complex internal investigations and parallel matters from multiple agencies. Nola Heller represents institutional clients in high-stakes investigations, including cryptocurrency-related cases. Tawfiq Rangwala focuses on defending clients in regulatory and criminal enforcement proceedings, as well as managing internal investigations involving sensitive workplace matters. Gurbir Grewal , Olivia Choe and Joshua Sterling joined the firm in 2024.
Lawyer Rankings
- Securities litigation: defense United States > Dispute resolution
- Corporate investigations and white-collar criminal defense United States > Dispute resolution
Top Tier Firm Rankings
- Transport > Aviation and air travel: finance
- Finance > Capital markets: high-yield debt offerings
- Finance > Commercial lending > Advice to direct lenders/private credit
- Finance > Commercial lending: Advice to bank lenders
- Dispute resolution > Appellate: courts of appeals / Appellate: supreme courts (states and federal)
- Antitrust > Civil litigation/class actions: defense
- Finance > Project finance
- Energy > Renewable/alternative power
- Finance > Restructuring (including bankruptcy): corporate
- Media, technology and telecoms > Telecoms and broadcast: transactions
Firm Rankings
- Finance > Capital markets: global offerings
- Real estate > Real estate finance
- Dispute resolution > Securities litigation: defense
- Finance > Structured finance: securitization
- Energy > Energy transactions: electric power
- Dispute resolution > General commercial disputes
- Finance > Capital markets: equity offerings
- Finance > Capital markets: equity offerings
- Antitrust > Cartel
- Energy > Energy transactions: oil and gas
- Antitrust > Merger control
- Media, technology and telecoms > Outsourcing
- M&A/corporate and commercial > Private equity buyouts: middle-market (Up to $500m)
- Tax > US taxes: non-contentious
- Labor and employment > Employee benefits, executive compensation and retirement plans: transactional
- M&A/corporate and commercial > M&A: large deals ($1bn+)
- M&A/corporate and commercial > Private equity buyouts: large deals ($500m+)
- Finance > Capital markets: debt offerings
- Dispute resolution > Corporate investigations and white-collar criminal defense