Securities Enforcement & Internal Investigations

For more than a decade, stock market bubbles, financial frauds, and the economic turmoil that has resulted from the issuance and trading of complex financial instruments, have elevated public and political demand for the regulation of capital markets to a level unprecedented in the last 80 years.  The Securities and Exchange Commission (SEC), state securities authorities, self regulatory organizations, and federal and state prosecutors have been aggressive in bringing civil, administrative, and criminal actions with extremely high stakes for both corporations and individuals alike.  

The Dodd-Frank Wall Street Reform and Consumer Protection Act, which has expanded the ability of the SEC to bring cases against persons not directly or knowingly involved in wrongdoing, is one example of the aggressive enforcement of securities laws not likely to subside anytime soon.

Our lawyers have tried to successful conclusions cases alleging public company financial fraud, insider trading, and stock manipulation.  In fact, DGS is second to none in its ability to assist companies and individuals in dealing with the broad range of enforcement issues – on both the federal and state level – that are a fact of business life.  DGS’s ranks include alumni of the SEC, and former prosecutors and public defenders, who are highly experienced and skilled in all phases of the enforcement process, including investigations, negotiation with securities regulators, and where necessary, trial.  

Not all enforcement cases are brought by the government.  Private rights of action for damages under state and federal law allow private parties who have experienced financial loss to act as private attorneys general in the enforcement of securities laws.  There too, we have a proven record of success in defending against class actions, derivative actions, and individual actions, whether brought in federal or state court, or in FINRA arbitration.

Our greatest successes come when we can head off a proceeding entirely – nothing is as useful to an entity or company as accomplishing that end by using a well-designed and properly carried out internal investigation.  Our experience with and knowledge of directors’ obligations and responsibilities under both securities law and corporate law has allowed us to assist boards of directors, or directors’ committees, in conducting internal investigations that are thorough, efficacious  and cost effective.

November 2014

DGS Ranks Among Best Law Firms

Davis Graham & Stubbs LLP was named among the 2014-2015 “Best Law Firms” by publisher Woodward/White, Inc. in their fifth edition, which published today. U.S. News and Best Lawyers® have joined forces to position more than 11,000 firms in 87 practice areas based in 178 metropolitan areas and eight states. Firms were ranked across three tiers both locally and nationally based on quantitative and qualitative data gathered from peer and client feedback.

April 2013

Securities Litigation and Enforcement Seminar

Please join us as we discuss significant securities litigation and regulatory updates from the past year and look ahead at the landscape for 2013. Attendees will get an in-depth look at issues relevant to the regulatory and securities litigation landscape. Topics will include trends in derivative litigation and circumstances that are candidates for claims, recent developments in securities case law, defining a security under Colorado law, and insider trading exposure and SEC and DOJ enforcement outlook.

Presentation Materials

DGS Wins Securities Fraud Case

On August 1, a six member jury returned a verdict in favor of DGS clients Baker & McKenzie and Joel Held in a securities fraud case.  Baker & McKenzie is one of the largest law firms in the country, and Joel Held is a now-retired partner from Baker & McKenzie’s Dallas office.


September 2010

First 'Best Law Firms' Analysis Slots DGS as a National Leader

The inaugural, 2010 edition of the U.S. News - Best Lawyers® “Best Law Firms” Guide ranks Davis Graham & Stubbs LLP as a national leader in mining law and mutual funds law – and honors the LoDo-based firm with first-tier regional rankings in energy, natural resources, commercial litigation and several corporate law areas, including tax, securities, private equity and M&A. U.S. News & World Report published the results yesterday. The survey included responses from 9,514 corporate executives, in-house lawyers, marketing officers or private practice attorneys.


August 2010

Davis Graham & Stubbs Attorneys Top “Best Lawyers” List in Colorado

The newly announced, 2011 edition of the Best Lawyers in America ranks Davis Graham & Stubbs LLP first in Colorado-based law practices for corporate governance and compliance law, environmental law, mergers and acquisitions law, natural resources law, oil and gas law and securities law. This year Best Lawyers recognizes 36 DGS attorneys, including 13 who have been named to the list for at least 10 years. Nearly half (46 percent) of DGS partners are recognized in the definitive guide to legal excellence, in addition to several attorneys of counsel to the firm. Best Lawyers is a peer-review survey of more than 39,000 in-house counsels and private practice attorneys.


December 2009

David Zisser Joins Davis Graham & Stubbs LLP

Davis Graham & Stubbs LLP today announced that David A. Zisser – a well-known litigator who specializes in defending individuals and companies against allegations of financial irregularities – has joined the firm’s trial group.


September 2006

Best Lawyers in America Recognizes 26 Davis Graham & Stubbs Attorneys

Twenty-six Davis Graham & Stubbs attorneys practicing in 28 fields will be recognized in the 2007 edition of The Best Lawyers in America. The number of DGS lawyers recognized in the definitive guide to legal excellence increased by five this year, and represents more than 40% of DGS partners overall. DGS ranks first in the number of Colorado-based attorneys listed by the 2007 edition of Best Lawyers in the Commercial Litigation, Natural Resources, Environmental Law, Securities Law and Corporate Governance and Compliance Law practice areas.