Robert Knuts has represented clients in litigation matters in New York for more than 25 years, focusing on both government investigations and private civil lawsuits involving alleged financial misconduct. From 1994 to 2003, Bob served as a member of the SEC’s Division of Enforcement in New York. In various supervisory positions at the SEC, he directed investigations concerning accounting fraud, insider trading, market manipulation, offering fraud, and investment company/investment adviser act violations. Bob also served as lead trial counsel for the SEC in contested litigations, including two insider trading jury trials, and assisted the Department of Justice in parallel criminal/civil investigations. In 2001, Bob received the Division of Enforcement’s highest honor, the Stanley Sporkin Award, for “exceptionally tenacious and insightful contributions” to the Enforcement program.
Since returning to private practice in 2003, he has represented companies and individuals under investigation by the Department of Justice, the SEC, FINRA and state regulatory authorities. These representations have concerned, for example: (a) insider trading allegations against directors, attorneys, and traders involving equities, options, credit default swaps and distressed debt securities; (b) accounting fraud issues arising from earnings reports, reserves concerning mortgage loans and securities, and cash flow disclosures; and (c) alleged violations of financial industry regulations, including broker-dealer and investment adviser registration requirements, improper mark-ups of securities, and research analyst disclosures.
Bob has represented Audit Committees of public companies in connection with internal investigations mandated by outside auditors and the reporting of such investigations to the SEC. Bob has also frequently represented company employees as witnesses in connection with internal investigations.
Bob represents plaintiffs and defendants in private civil court actions and arbitrations concerning investment partnerships, complex financial products, alleged breach of fiduciary duties, contract claims, and fraud complaints. Recently, Bob obtained an arbitration award of more than $10 million on behalf of a client in connection with a breach of contract action.
Finally, Bob provides regulatory advice to registered investment advisers concerning SEC compliance and examinations issues as well as guidance concerning lawful trading after receipt of nonpublic information.