Alex’s practice straddles two spheres. First, Alex represents financial services providers in government investigations and enforcement actions, with a focus on representation of broker-dealers in FINRA and SEC investigations. Second, Alex also regularly represents these and other clients in litigation and arbitration, with a focus on securities litigation, class action defense, and FINRA arbitration.
Alex’s investigation and enforcement defense experience stems from his service as both in-house and outside counsel to one of the nation’s largest broker-dealers, managing a broad range of regulatory matters. He frequently represents firms and financial advisors in inquiries and enforcement actions brought by the SEC, FINRA, and other regulators. He has represented clients in large-scale investigations and enforcement actions concerning systemic unauthorized trading, market manipulation, insider trading, LIBOR manipulation, variable annuities, compliance with books and records requirements, and electronic trading rules.
Alex also represents major financial institutions and other companies in complex securities litigation, class actions, and arbitration. He represented multiple high-profile financial institutions in litigation resulting from the credit crisis, including lawsuits over residential mortgage-backed securities, collateralized debt obligations, and other complex products. He has also represented clients in class actions related to investment of client assets in proprietary mutual funds, employee stock ownership plans, and alleged violations of state and federal consumer protection statutes, among other matters. Alex’s arbitration practice concentrates on defending clients in FINRA arbitration. Alex has served as lead counsel in arbitrations related to share class selection, investment suitability, variable annuities, and employment disputes.
In addition to these areas of focus, Alex litigates a broad array of commercial disputes and represents clients in all stages of litigation. As part of his energy practice, Alex represented and served as trial counsel to an interstate pipeline company in precedent-setting litigation under the Natural Gas Act.
Alex is a fluent Spanish speaker and member of various Hispanic Bar Associations. In 2022, Alex was selected as a Fellow for the Leadership Council on Legal Diversity. Alex was also previously selected to the Collaborative Bar Leadership Academy, a joint initiative of several national Bar Associations to provide leadership training and professional development to diverse lawyers.
Alex maintains a dedicated pro bono practice, representing clients seeking asylum, protection under the Convention Against Torture, Special Immigrant Juvenile Status, and other forms of relief under immigration law.
Alex also serves as an Adjunct Professor of Law at the University of Pittsburgh Law School, where he teaches on the law, policy, and practice of domestic arbitration.
Prior to working at McGuireWoods, Alex was an associate at a prominent international law firm in New York. Alex is a graduate of Yale Law School, where he served as an Editor on the Yale Law Journal. While at Yale Law School, Alex was a student director of the Legal Services for Immigrant Communities Clinic and Vice President of the Latino Law Students Association.
Experience
Broker-Dealer and Investment Adviser Experience
- Served as in-house, and then as outside, counsel to one of the nation’s largest broker-dealers, managing investigations and enforcement actions by the SEC, FINRA, and state securities regulators.
- Representation of financial services institutions and associated persons in regulatory enforcement proceedings involving alleged market manipulation (including spoofing, wash trading, and frontrunning), and other market practices.
- Representation of one of the nation’s largest broker-dealers in large-scale regulatory investigation concerning compliance with books and records requirements.
Complex Litigation, Class Action, and Investigation Experience
- Represented one of the world’s largest financial institutions in a range of investigations, lawsuits, and government enforcement actions related to the issuing and underwriting of residential-mortgage back securities and collateralized debt obligations.
- Represented one of the world’s largest financial institutions and members of its supervisory board and senior management in class action lawsuits alleging securities fraud and ERISA violations, resulting in a complete dismissal that was upheld by the Court of Appeals for the Second Circuit.
- Represented major financial institutions in highly-sensitive investigations and enforcement actions related to LIBOR manipulation, foreign exchange trading, and insider trading. The insider trading investigation resulted in worldwide media coverage and was the subject of a later non-fiction book.
Energy Litigation Experience
- Represented and served as trial counsel to a major midstream pipeline and gas storage operator in litigation regarding the Natural Gas Act that resulted not only in a complete client victory but the creation of new favorable precedent.
- Defended a major ferrous metals manufacturer against a threatened Clean Air Act citizen suit through the negotiation of a consent decree with local regulators.
Pro Bono Experience
- Successfully obtained asylum for a Jamaican woman on the basis of credible fear of returning to Jamaica due to persecution based on sexual orientation.
- Successfully obtained Special Immigrant Juvenile Status for Guatemalan children.
- Representing former member of Afghanistan’s Female Tactical Platoon in application for asylum.
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Yale Law SchoolJD
Editor, Yale Law Journal
2011 -
University of PittsburghBAPhilosophy and English Literature
summa cum laude
2008 -
University of PittsburghBSEconomics
summa cum laude
2008
2022 Fellow, Leadership Council on Legal Diversity, McGuireWoods
Adjunct Professor, “Domestic Arbitration: Law, Policy, & Practice,” University of Pittsburgh School of Law, 2022-2023
- Faculty, "How Badgerow May Shift the Balance of Power When Vacating or Confirming an Arbitration Award," Post-Arbitration Judicial Proceedings, Strafford CLE Webinar, June 16, 2022
- Speaker, "Strategies for Opposing or Narrowing Class Certification and Preserving Objections," Class Certification Evidence: Standards of Admissibility and Probative Value Among the Circuits, Strafford CLE, February 17, 2022
- Participant, 2021 Collaborative Bar Leadership Academy, June 28-30, 2021
- Speaker, "What to Expect in the Initial Stages of Regulation Best Interest," Mid-2020, What to Expect… A Look Toward the Future, August 5, 2020
- New York
- Pennsylvania
- Spanish
- Co-author, "Banks And Beneficial Ownership: Striking The Right Balance," Law360, March 22, 2023
- Author, SEC Issues Risk Alert on Reg BI Deficiencies Identified During Exams, McGuireWoods Legal Alert, February 2, 2023
- Author, FinCEN Proposes Rulemaking on Access to Beneficial Owner Information, Consumer FinSights, December 15, 2022
- Author, Federal Reserve Sanctions Former Bank Employees for Paycheck Protection Program Loan Fraud, Consumer FinSights, October 17, 2022
- Co-author, "Does Registering to Do Business in State Confer General Jurisdiction?," Wall Street Lawyer, August 2022
- Co-author, "3rd Circ. Judge Offers Hints On Class Cert. Evidence," Law360, July 20, 2022
- Author, Bank Regulators Remind Financial Institutions Not to Take a One-Size Fits All Approach to Assessing AML Risks from Customer Relationships, Consumer FinSights, July 8, 2022
- Author, FinCEN Issues Statement on BSA Due Diligence for Independent ATM Owners and Operators, Consumer FinSights, July 6, 2022
- Author, FinCEN Proposes No-Action Letter Process, Consumer FinSights, June 8, 2022
- Author, Supreme Court Rejects “Look-Through” Federal Jurisdiction Analysis for Post-Arbitration Reviews, McGuireWoods Legal Alert, March 31, 2022
- Author, Ohio Court: Expert Evidence Must Be Admissible to Be Considered at Class Certification, Class Action Countermeasures, February 8, 2022
- Author, FINRA Reminder: Broker-Dealers Should Not Forget to Supervise Third-Party Vendors, Subject to Inquiry, August 24, 2021
- Co-author, FINRA Shows Subtle Shift On Evaluating Best Execution, Law360, July 19, 2021
- Author, Courts’ Clashing Standards For Evidence At Class Cert., Class Action Countermeasures, July 19, 2021
- Co-author, Courts’ Clashing Standards For Evidence At Class Cert.: Part 2, Law360, July 16, 2021
- Co-author, Courts’ Clashing Standards For Evidence At Class Cert.: Part 1, Law360, July 15, 2021
- Author, Minnesota Court Untangles Who Owns What Claim in the Fallout of a Ponzi Scheme, Ponzi Perspectives, July 12, 2021
- Author, In Securities Fraud Cases, “Generic” Statements May Demonstrate Lack of Price Impact at Class Certification, Class Action Countermeasures, June 23, 2021
- Co-author, "Turbulent Seas Ahead: New Arbitration Issues for Broker-Dealers," The Review of Securities & Commodities Regulation, March 10, 2021
- Author, New Year, Old Problem: Broker-Dealers Should Evaluate Their Supervision of Personal Device Use, McGuireWoods Legal Alert, February 9, 2021
- Author, Another Cop on the Beat? CFP Board Signals Increased Enforcement Focus, Subject to Inquiry, November 30, 2020
- Author, OCIE Finds Supervision Failures at Multiple-Branch Office Investment Advisers, Subject to Inquiry, November 18, 2020
- Author, "What Investment Advisers and Broker-Dealers Should Expect After the First Wave of COVID-19," Corporate Counsel Business Journal, September 4, 2020
- Author, 11th Circuit Curtails Receivers’ Ability to Bring Ponzi Scheme-Related Claims Against Banks, McGuireWoods Legal Alert, June 29, 2020
- Author, Broker-Dealers: Be Ready for Questions About Regulation Best Interest Compliance, Subject to Inquiry, October 21, 2019
- Author, Class Untethered: Court Strikes Class Allegations on Pleadings due to Insufficient Predominance Allegations, Class Action Countermeasures, July 19, 2019
- Author, North American Securities Administrators Association (NASAA) Releases Model Cybersecurity Rule, Password Protected, May 24, 2019
- Co-author, Regulatory Developments for Dual Registrants, The Review of Securities & Commodities Regulation, 2019
- Author, NY Launches Consumer Protection and Financial Enforcement Division, Consumer FinSights, May 8, 2019
- Author, SEC Highlights Potential Deficiencies in Firm Privacy Policies, McGuireWoods Legal Alert, April 25, 2019
- Author, New Jersey Proposal to Impose Fiduciary Duty on Brokers, Subject to Inquiry, April 22, 2019
- Author, The Broker Protocol’s Demise — Imminent or Greatly Exaggerated?, McGuireWoods Legal Alert, July 6, 2018
- Author, Between a Rock and a Hard Place: SEC Disclosure Analysis in Light of Yahoo Settlement, McGuireWoods Legal Alert, May 8, 2018
- Author, FINRA Regulatory Notices Demonstrate Focus on Excessive Trading, Supervision, McGuireWoods Legal Alert, April 27, 2018
- Author, FINRA Enforcement: New Direction for the Regulator, McGuireWoods Legal Alert, April 16, 2018
- Author, Fifth Circuit Vacates Controversial DOL Fiduciary Rule, McGuireWoods Legal Alert, March 19, 2018
- Author, FINRA Proposes Transformative Rule on Outside Business Activities, McGuireWoods Legal Alert, March 1, 2018
- Author, Your Credit Card Number’s Been Stolen. Have You Been Injured? Courts’ Answers Continue to Vary, Password Protected, October 10, 2016
- Author, A Storm Brews: Retailers Push Back Against Payment Card Industry Data Security Standards, Password Protected, June 29, 2016
- Author, "California Supreme Court Clarifies When Employers Must Provide Employees With Seats," McGuireWoods Legal Alert, April 6, 2016
- Author, Fourth Circuit Joins Courts in Pennsylvania and Ohio in Holding that Dual Purpose Oil and Gas Lease Is Not Severable, McGuireWoods Legal Alert, January 6, 2016
- Author, Deceptive Pricing Class Actions Pose Risk For Retailers, Law360, December 14, 2015
- Author, Bon-Ton Settlement Demonstrates Importance of Company Domestic Violence Policies, McGuireWoods Legal Alert, December 3, 2015
- Author, Vizio and Google Data Privacy Class Actions, Password Protected, November 30, 2015
- Author, Deceptive Pricing Class Actions Against Major Retailers on the Rise, McGuireWoods Legal Alert, October 29, 2015
- Author, Pennsylvania Superior Court: Separate Consideration for Operated and Unoperated Acres Does Not Render an Oil and Gas Lease Severable, McGuireWoods Legal Alert, September 9, 2015