LOS ANGELES–LAWFUEL – Law Newswire –Proskauer Rose LLP, an international law firm with over 700 lawyers worldwide, announced that Ronald Wood has joined the firm as senior counsel in its Los Angeles office. Mr. Wood brings a wealth of experience to Proskauer’s growing Los Angeles office and its securities litigation and financial services practices, including 10 years with the Securities and Exchange Commission.
Mr. Wood’s wide-ranging legal career includes six years at Morgan Stanley, where he was an Executive Director in the firm’s Law Division, managing its Southern California legal staff. In this position, he was responsible for advising and defending the firm on legal and regulatory matters arising out of retail sales practices and broker-dealer compliance. Prior to joining Morgan Stanley, he was an attorney in the SEC’s Division of Enforcement, where he supervised and directed enforcement investigations and follow-up proceedings in matters involving insider trading, market manipulation, fraudulent stock offerings, false financial reporting, and disclosure violations by investment advisers, mutual fund directors, and municipal entities.
According to Louis M. Solomon, co-chair of Proskauer’s Litigation and Dispute Resolution Department, Mr. Wood’s diverse experience will bolster the firm’s already significant capabilities in matters related to securities regulation, compliance and enforcement.
“Ron adds tremendous breadth and depth to our practice, which will complement the full range of our securities-related capabilities,” said Mr. Solomon.
Proskauer’s Los Angeles office has experienced significant growth in recent months with the addition of Eric Remensperger, who joined as partner and head of the West Coast Real Estate Department, and Raj Tanden, who joined as a partner in the Tax Department.
Added Bert Deixler, head of the firm’s Los Angeles office: “The addition of Ron to our team continues the dynamic growth of our West Coast presence. We look forward to working with him.”
Mr. Wood joins Proskauer from litigation boutique The Wood Group, where he was the principal and handled securities litigation, arbitration, and regulatory matters at the federal, state and industry levels. At Morgan Stanley, he conducted internal investigations and reviewed firm procedures concerning suspected money laundering, fraudulent trading by a family of hedge funds, questionable mutual fund sales practices, allocation and distribution of initial public offerings, and supervision of self-directed accounts by affiliated Trust Bank, among many other matters. At the SEC, Mr. Wood received the Supervisory Excellence Award while serving as Assistant Director of the Pacific Regional Office’s enforcement staff.
Prior to joining the SEC, Mr. Wood worked in the litigation practice of McCutchen, Doyle, Brown and Enersen. He received his J.D. and B.A. from Howard University and served three years on the California State Bar’s Minority Relations Committee.
Mr. Wood is the latest former SEC lawyer to come to Proskauer, joining Thomas Sjoblom, a partner in the firm’s Washington, D.C. office with extensive litigation experience at the SEC and in private practice.
Proskauer’s Securities Litigation and Enforcement practice has decades of experience defending corporations, executives, and corporate boards in complex, broad-based securities class actions, shareholder derivative suits, SEC enforcement and other regulatory and criminal investigations and prosecutions, and back office litigation. The firm’s insight into securities regulation and enforcement is founded upon its attorneys’ prior experience in the U.S. Department of Justice, the SEC and various U.S. Attorneys’ offices.
About Proskauer Rose
Proskauer Rose, founded in 1875, is one of the nation’s largest law firms, providing a wide variety of legal services to clients throughout the United States and around the world from offices in New York, Los Angeles, Washington, D.C., Boston, Boca Raton, Newark, New Orleans and Paris. The firm has wide experience in all areas of practice important to businesses and individuals, including corporate finance, mergers and acquisitions, general commercial litigation, private equity and fund formation, patent and intellectual property litigation and prosecution, labor and employment law, real estate transactions, bankruptcy and reorganizations, trusts and estates, and taxation. Its clients span industries including chemicals, entertainment, financial services, health care, hospitality, information technology, insurance, internet, manufacturing, media and communications, pharmaceuticals, real estate investment, sports, and transportation. The firm can be found online at http://www.proskauer.com.