Securities Arbitration and SEC/SRO Defense

ALLEN/FULLER’s securities arbitration and SEC/SRO defense practice is managed by Steven N. Fuller who has extensive background representing clients in hundreds of Securities Arbitrations around the country, while also defending numerous high profile clients in regulatory investigations and proceedings.  Mr. Fuller began his legal career as an enforcement attorney with the United States Securities Exchange Commission in 1987.  After leaving government service, he managed litigation and real estate loan workouts for Banc One New Hampshire Asset Management Corporation (“BONHAM”), following the wide spread collapse of the New England Banking industry. In 1993, Mr. joined the Boston law firm now called Nixon Peabody.  For the next 14 years, Mr. Fuller was a litigator whose practice focused on all areas of financial services and broker/dealer litigation, including defending corporate and individual clients in enforcement and disciplinary proceedings before securities industry self-regulatory organizations, the SEC, and state agencies charged with enforcing the securities laws. He has successfully defended civil and criminal regulatory investigations in many jurisdictions nationally and regionally.  In 2007, Mr. Fuller moved his practice to Akerman Senterfitt, Florida’s premier law firm where he continued with the same legal disciplines until he decided to found his own legal practice.

Mr. Fuller frequently counsels brokerage, advisory, and hedge fund clients on a full range of compliance and legal issues, including soft dollar, marketing and sales, research, directed brokerage, money laundering and Patriot Act compliance, and ADV and BD disclosure.

Mr. Fuller’s experience includes having represented well-known firms and individuals in the high-profile, post-tech bubble government investigations of Wall Street research and IPO allocation practices. He frequently counsels brokerage firms on compliance and internal investigations, and has defended high-profile clients in civil and criminal prosecutions arising out of government investigations into brokerage firm and mutual fund Market Timing Practices, as well as in the investigations relating to the mutual fund and brokerage industries’ Gift and Gratuity practices. Mr. Fuller has also successfully defended numerous insider trading and "shelf space" investigations. Mr. Fuller frequently counsels brokerages on compliance and internal investigations, and has defended and prosecuted numerous civil lawsuits, administrative proceedings, government investigations, and securities industry arbitrations. In addition to having successfully litigated SEC subpoena enforcement actions, he has also litigated involuntary exchange delisting proceedings for a public company.

Mr. Fuller is a certified mediator and an accomplished trial lawyer with more than 24 favorable decisions trying cases. Mr. Fuller also represented the SEC requested Receiver in the investigation and wind-up of two SEC registered Investment Advisory Firms linked to a large and complex Ponzi scheme orchestrated by their principal, and is separately defending civil and criminal investigations of a Massachusetts hedge fund linked to the embezzlement of tens of millions of dollars. Mr. Fuller also has substantial experience defending and prosecuting non-compete and “raiding” cases, has successfully litigated numerous abusive sales practice cases including suitability, unauthorized trading, selling away, improper mark-ups/mark-downs, market manipulation, churning, and misappropriation of information, fraud, and theft offenses.

Representative Work

Published Work and Lectures

   
Contact us today For a free consultation

Practice areas