(NEW YORK, June 12, 2014)--Robert M. Appleton, a veteran U.S. federal government and United Nations prosecutor who has pursued many corruption charges and white-collar and financial fraud cases on both the national and international levels, has joined Day Pitney's White Collar and Internal Investigations practice as partner. He is based in the firm's New York office.
Mr. Appleton has served in national and international leadership positions, more recently, in the United Nations and also as Director of Investigations in the Geneva-based Global Fund To Fight AIDS, Tuberculosis and Malaria, the world's largest health financier. He has also served as a supervisory Assistant United States Attorney, in the U.S. Department of Justice, Office of the U.S. Attorney for the District of Connecticut, for more than 13 years.
"Bob Appleton has a profound depth of knowledge and experience in white-collar litigation and global anti-fraud and bribery investigations," said Day Pitney managing partner Stanley A. Twardy, Jr. "We are thrilled to have him as part of our team."
Mr. Appleton has extensive high-level national and international experience in the areas of litigation, forensic examinations, anti-corruption and internal investigations, with an emphasis on Anti-Money Laundering (AML), anti-Fraud, Bank Secrecy Act (BSA), Foreign Corrupt Practices Act (FCPA), and international trade, export and embargo issues, as well as complex white collar fraud and corruption cases. He has appeared in multiple national and international jurisdictions, with trial experience in international arbitration and dispute tribunals and in U.S. courts. He has tried more than 30 cases to a jury in federal courts in the U.S. as lead or sole counsel and has briefed and argued more than 20 appeals before the U.S. Court of Appeals for the Second Circuit.
Mr. Appleton also has deep experience conducting, managing and supervising internal investigations and forensic examinations of major international financial institutions and Fortune 100 companies, international institutions and their officers, NGOs, the United Nations and a former Secretary-General, and foreign government agencies and officials. In 2005, he served as Special Counsel to former US Federal Reserve Chairman Paul Volcker at the Independent Inquiry Committee into the Iraqi Oil for Food investigation. In 2008, Mr. Appleton was selected by the UN Secretary General to serve as Chairman of the United Nations Anti-Fraud Task Force, a first of its kind internal anti-corruption unit designed to address corruption issues within the UN, including with respect to commercial entities that engage in the more than $6 billion in annual commercial activity with the UN.
He is currently representing large international corporate clients and individual corporate officers in international arbitration and before international administrative tribunals, including the United Nations.
"We are excited to have Bob join our deep bench of white collar defense and internal investigations lawyers," said Helen Harris, head of Day Pitney's White Collar and Internal Investigations practice. "Our team is representing clients on a wide range of enforcement matters and investigations and we look forward to adding his tremendous experience."
About Day Pitney
Day Pitney LLP is a full-service law firm with close to 300 attorneys in Boston, Connecticut, New Jersey, New York, and Washington, DC. The firm offers clients strong corporate and litigation practices, with experience on behalf of large national and international corporations as well as emerging and middle-market companies and individuals.
Day Pitney Newsletter
Bob Appleton wrote an article, “Recent terror attacks in Burkina Faso and Mali expose weaknesses from graft,” for The FCPA Blog. The article focuses on how two recent terrorist attacks—in Burkina Faso at the Splendid Hotel and in Mali at the Radisson—are indirectly tied to corruption within government organizations. Appleton viewed the relationship through the fact that state institutions weakened by corruption often have a diminished capacity to address and respond to other risks, such as terrorism. Appleton also draws on his personal experience in the article, as he stayed at these hotels during his trips to Burkina Faso and Mali for the corruption investigations he conducted while he worked at the United Nations and the Global Fund.
Day Pitney Newsletter
Dan Wenner and John Cerreta wrote an article,"High Court Dives Into The Restraint Of Untainted Assets" for Law360. The article analyzes how prior cases could impact the Supreme Court's pending decision of Luis v. United States. What differentiates this case from others is that there is a question whether the Constitution bars pretrial restraint of a criminal defendant's untainted assets (assets not traceable to a criminal offense) that are needed to pay for defense counsel.
Day Pitney Newsletter
Eliza Fromberg was quoted in an article, “SEC exploring new accredited investor definition,” in The Deal. In the article, Fromberg discusses how the SEC's current "bright line" financial test for determining accredited investor status is both under and over-inclusive, but she expresses concern that the changes recommended by the SEC staff may wind up being too complicated and difficult for both issuers and investors to understand.
Eliza Fromberg was quoted in an article, “SEC Says Private Investor Standards May Be Out Of Date,” in Law360. Fromberg discussed the Securities and Exchange Commission staff's report recommending changes to the accredited investor definition. She expressed concern that the definition of an accredited investor could become so complex that issuers could struggle to determine who could qualify.
Dan Wenner was quoted in an article, "Kaye Scholer Atty, Shkreli May Not Enjoy Privilege For Long," in Law360. Wenner said that if Turing Pharmaceuticals Inc. boss Martin Shkreli and attorney Evan L. Greebel assert attorney-client privilege to weaken the securities fraud case against them as expected, it will be on prosecutors to convince a judge not to allow that protection. "It's the government's burden to prove the crime-fraud exception," Wenner said. "It's presumed that documents are privileged."
Eliza Fromberg was quoted in an article, “Watching the SEC: Inspector General Investigates Wrongdoing at the Agency,” in ACA Insight. The article analyzes the role of the Office of the Inspector General in auditing the effectiveness of the Securities and Exchange Commission.
Staley A. Twardy was quoted in an article, “Second Circuit Decision in Conn. Case to Impact Future Securities Fraud Prosecutions,” in the Connecticut Law Tribune. Twardy was quoted about the significance of a Second Circuit ruling that could make securities fraud cases more difficult to prosecute. The federal appeals court ordered a new trial for Jesse Litvak, a Connecticut-based securities trader sentenced to two years in prison for allegedly lying to potential investors about mortgage bond prices.