Eva Carman is the co- head of Ropes & Gray’s global securities and futures enforcement practice and is managing partner of its 550-lawyer New York office. She is a well-known regulatory enforcement lawyer, with over 30 years of experience representing financial firms in SEC, CFTC, and FINRA enforcement cases as well as conducting internal investigations for companies and boards. Her work has received national recognition from leading organizations, including Legal 500, Crain’s, Best Lawyers in America and Chambers, where she is recognized by clients as “extraordinarily knowledgeable,” “exceptionally smart,” and “superb at what she does.” Her breadth of experience coupled with her knowledge of the financial services industry makes her a go-to lawyer for some of the world’s most sophisticated financial organizations.
Because of the nature of her enforcement practice, many of Ms. Carman’s most successful matters are not public. A sampling of some of her public successes are as follows:
- Lead defense counsel for both respondents in the Securities & Exchange Commission matter known as SEC v. Everest Capital LLC and Marko Dimitrijevic, File No. 3-19777 (April 30, 2020).
- Lead counsel for a senior executive of Countrywide in the NY Funds securities class action. Successful in garnering one of only two dismissals at the summary judgment phase in that action. (Pappas v. Countrywide Financial Corporation)
- Successfully defended a host of accounting professionals and audit firms in connection with SEC and CFTC investigations into issues associated with the audit of CFTC registrants.
- Won a trial victory in a Delaware Chancery Court resulting in a precedent-setting opinion relating to a dissident director’s efforts to take control of a company. (Gunther v. 5i Sciences)
- Defended hedge funds, portfolio managers and other investors in connection with a host of insider trading investigations and cases.
- Conducted FCPA diligence and investigations for companies with operations in Brazil, China, India, Russia and Europe.
- Defended the CEO of an insurance company in a criminal action alleging falsification of the accounting documents and performance figures used to launch an initial public offering of the insurance company.
- Represented the president of an investment adviser in connection with criminal claims that the investment adviser was running a Ponzi scheme with investor funds.
- Successfully defended a number of market-timing investigations by the SEC, the CFTC and the New York Attorney General.