Practice


Corporate, Financial, and Investment Practice
Litigation and Arbitration Practice


Corporate, Financial, and Investment Practice


Today's regulatory system is a labyrinth of constantly changing rules and developing interpretive opinions which are traps for the unwary. Experienced and knowledgeable counsel are needed to safely guide clients through regulatory mine-fields that must often be crossed to close transactions. The Firm regularly advises and represents its clients in complex securities and corporate transactions. We counsel investment advisors, mutual funds, hedge funds and broker-dealers, providing them with full regulatory and compliance services. The Firm is actively involved in public offerings and private placements, mergers and acquisitions as part of its wider corporate and transactional practice.

The Firm has the experience and extensive knowledge to advise you in many areas, including:

CORPORATE TRANSACTIONS AND FINANCE

The Firm provides its corporate clients, including investment banks, companies and private entrepreneurs, with expert legal counseling in public and private offerings, mergers and acquisitions, and venture capital financing. The Firm frequently represents officers and companies in structuring their business arrangements. If disputes arise, the Firm acts as counselor, attempting, whenever possible, to negotiate arrangements to avoid the necessity of litigated or arbitrated resolutions.

INVESTMENT ADVISER AND BROKER/DEALER REGULATION

The Firm routinely provides legal counsel to investment advisers and broker/dealers in compliance and regulatory matters involving the federal and state securities law. We have represented investment advisers and broker/dealers before the Securities and Exchange Commission, the Commodity Futures Trading Commission and self-regulatory organizations, including the National Association of Securities Dealers, Inc., the New York Stock Exchange, and a number of regional Exchanges.

INVESTMENT FUNDS

We provide full legal service to mutual funds, hedge funds and venture capital funds, including

Advising on fund formation and financing
Assisting with fund compliance and regulation
Representing regulated funds before the Securities and Exchange Commission and state regulators
Setting up domestic and off-shore mutual funds, including funds involved in Regulation S offerings
Regularly assisting fund managers in developing creative methods to market their funds within legal and practical parameters

Litigation and Arbitration Practice

LITIGATION

The Firm provides legal services for both defendants and plaintiffs in complex business litigation. As a result, our attorneys have experience and insight that can only come from litigating for both sides of litigated disputes. Our reported decisions reflect a high success rate in both prosecuting and defending simple and complex cases. Recently, we litigated cases in the following federal district courts: Southern and Eastern Districts of New York, Connecticut, Eastern District of Louisiana, Eastern District of Pennsylvania, District of Maryland (Northern Division), Arizona, and the Central District of California. In addition, our attorneys were admitted pro haec vice in other state courts. In Delaware, we successfully argued on behalf of our clients before the Delaware Supreme Court. The firm is also involved in securities class action practice and as complex litigation and RICO litigation counsel with other firms.

ARBITRATION

The Firm has extensive experience in arbitration before the National Association of Securities Dealers, Inc., American Arbitration Association, National Futures Association and New York Stock Exchange. We have successfully represented claimants in breach of contract, joint venture, suitability, churning, and breach of fiduciary claims and have successfully defended such claims on behalf of brokerage industry clients. We have successfully arbitrated wrongful termination, breach of contract and defamation claims as well as claims involving raiding of firm clients. In 1995 and 1996, the Firm successfully defeated motions filed in a number of cases to stay arbitration in New York State Supreme Court and its Appellate Division, First Department. The firm has acted, and does act, as special arbitration counsel to law firms involved in securities arbitration.

REGULATORY

The Firm has successfully represented many clients in investigatory matters before the Securities and Exchange Commission, the Commodities Futures Trading Commission the United States Attorney's office and the New York State Attorney General's office. We have substantial experience in negotiating with these regulatory bodies. Frequently, our attorneys have been able to avoid further action of these agencies or offices. Through tough but reasonable negotiation, we have frequently been able to save our clients the cost, inconvenience and embarrassment of continuing governmental proceedings.


For more information, please e-mail us at:
info@securitiescounselors.com




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Hecht & Associates, P.C.
275 Madison Avenue, 28th Floor
New York, New York 10016

Tel.: (212) 490-3232
Fax: (212) 490-3263