Amy Jane Longo

Experience

Government Enforcement and Internal Investigations

• Representing investment firms in SEC investigations regarding electronic communications recordkeeping practices
• Defended investment adviser in insider trading investigation by the DOJ and SEC
• Led numerous public company internal investigations in response to government inquiries, whistleblower claims, or other allegations
• Represent individuals and entities in the financial services industry responding to inquiries from federal and state regulators
• Advise investment professionals, principals and others on regulatory issues involving cryptocurrency and blockchain
• Counsel investment firms on SEC regulatory matters, policies and procedures, compliance practices
• Represent investment firms in connection with matters before the SEC Division of Examinations

Securities and Class Action Litigation

• Representing public issuer in proposed class action involving allegedly misleading earnings disclosures
• Representing public university in putative class action regarding employee benefit plans
• Representing officers and directors in multiple actions alleging breach of fiduciary duty, misrepresentations and omissions in investment materials
• Representing companies in consumer class actions alleging privacy violations under California and federal law
• Represented dozens of public companies and executives in securities class action lawsuits from inception through pretrial phase, obtaining favorable settlements before trial*
• Defended consumer health care public company and its senior officers in securities class action arising from allegations of undisclosed products liability claims*
• Defended biopharmaceutical public company in securities class action arising from alleged failure to disclose adverse FDA action with respect to company’s cancer drug*
• Defended major hospital and home health provider in shareholder derivative action arising from allegedly fraudulent Medicaid billing, reporting, and referral practices*

Government Experience

• Litigated the SEC’s first binary options case, SEC v. Banc de Binary, culminating in an $11 million resolution by a Cyprus-based issuer, accompanied by a parallel settlement with the CFTC*
• Prevailed in one of the SEC’s first cryptocurrency fraud cases, SEC v. Blockvest, obtaining a preliminary injunction and later judgment based on terminating sanctions against the ICO’s principal*
• Obtained emergency relief freezing over $30 million in alleged insider trading proceeds of foreign nationals, in the wake of the DreamWorks-Comcast merger, in SEC v. Yin*
• Represented the SEC in SEC v. Telefonaktiebolaget LM Ericsson, a settled resolution involving FCPA charges which resulted in $1 billion in fines paid to the SEC and in a parallel DOJ action*
• Prevailed in four-day bench trial against investment adviser and its principals*
• First-chaired administrative proceedings against investment advisers, and against a public company and its executives; obtained favorable settlements on the eve of trial*
• Won summary judgments in cases against architect of microcap shell factory; principals of insurance-related offering fraud; and investment adviser conducting Ponzi scheme; among others*
• Secured emergency injunctive relief in numerous offering frauds and advisory frauds, as well as insider trading cases*
• Litigated SEC action against chief executive officer of medical aesthetics public company alleged to have concealed damaging news about products’ regulatory compliance; also obtained settled cease and desist order from the issuer*
• Prosecuted SEC offering fraud case against medical device issuer and its officers, directors and employees involving allegations of misappropriation and concealment*
• In settled SEC matter, obtained administrative and financial remedies against major pharmaceutical public company and senior officers, for charges of improper revenue recognition and misleading disclosures about mail order pharmacy business*

*Experience prior to joining Ropes & Gray