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Insider Trading in the Wake of United States v. Newman & Chiasson

Speaker(s): Alexandra A.E. Shapiro, Gregory Morvillo
Recorded on: Jan. 5, 2015
PLI Program #: 132005

Alexandra Shapiro is a partner and co-founder of Shapiro Arato LLP, a New York litigation boutique.

Alexandra is an experienced trial lawyer and appellate advocate. She has argued many appeals in federal and state appellate courts, including most recently, Salman v. United States, a major insider trading case in the Supreme Court of the United States.  Alexandra has also tried numerous cases.  She has expertise in a broad range of substantive areas, including securities law, tax fraud, public corruption, criminal law, and intellectual property.  A particular focus of her practice has been the defense of lawyers and law firms.

Notably, over the past decade Alexandra has won a series of appellate reversals of criminal convictions in significant white collar prosecutions.  These victories include three Second Circuit rulings granting judgments of acquittal to clients who had been convicted of insider trading or tax shelter fraud in the Southern District of New York, as well as several decisions granting new trials for other clients convicted of tax-related crimes, insider trading, accounting fraud, and obstruction of justice.

Alexandra has conducted internal investigations on behalf of corporations, corporate boards, and Audit Committees. She has assisted clients in developing and implementing regulatory compliance programs.  She served as President of the New York Council of Defense Lawyers, a not-for-profit professional association of about 250 experienced lawyers whose principal area of practice is the defense of criminal cases in the federal courts in New York.

Prior to co-founding her firm in 2009, Alexandra was a partner of Latham & Watkins LLP, and before that, an Assistant U.S. Attorney in the Southern District of New York, where she also served as Deputy Chief Appellate Attorney.  She clerked for Justice Ruth Bader Ginsburg of the Supreme Court of the U.S. and for Judge Stephen F. Williams of the U.S. Court of Appeals for the D.C. Circuit, and served as an attorney-adviser in the Office of Legal Counsel of the U.S. Department of Justice.

Alexandra received her J.D. from Columbia University School of Law; she graduated first in her class and was an articles editor of the Columbia Law Review. She received her B.A. from Williams College, graduating magna cum laude and with Honors in History.

Gregory Morvillo is a partner at Morvillo LLP, the New York & Washington DC law firm he, his brothers, and his uncle founded in April 2012.  Morvillo advises clients on criminal law, securities, regulatory, civil, administrative and corporate governance issues.  Most recently, in what some have called a landmark ruling, Morvillo successfully represented Anthony Chiasson in his criminal insider trading trial and subsequent appeal, as well as in the SEC matter.  Chiasson, a former hedge fund manager recently had his conviction for insider trading violations, vacated by the U.S. Court of Appeals for the Second Circuit, with orders to dismiss the indictment with prejudice in United States v Newman. Morvillo earned a law degree from Fordham University School of Law, a master of fine arts degree from Brandeis University, and a bachelor's degree from Gettysburg College.

Primary Areas of Practice: White Collar Criminal

Law School: Fordham University School of Law

Work History: Swidler Berlin Sherref Friedman,

2000-01, Movillo Abramowitz, 2001-2012, Morvillo LLP 2012-present