New York, NY – April 9, 2007 – LAWFUEL – Legal Counsel News – The international law firm of Chadbourne & Parke LLP announced today that Gerard S. Citera has joined the Firm as Counsel in the New York office. Mr. Citera will draw on his extensive experience in the financial services industry in his new role as a member of Chadbourne’s securities litigation and regulatory enforcement practice. He will focus his practice on representing broker-dealers, investment banks and other financial institutions in a wide range of legal, compliance and regulatory matters.
“We are very pleased to add a lawyer with such a strong background in both the public and private sectors,” said Chadbourne Managing Partner Charles K. O’Neill. “This further deepens the bench strength Chadbourne offers clients in the securities industry.”
Alan Raylesberg, co-head of Chadbourne’s commercial litigation practice, added, “Clients turn to Chadbourne for guidance on securities and regulatory enforcement matters because we have first-hand experience with how these issues play out in the financial services arena. Gerry knows the area from years of experience at major financial institutions, law firms and the Securities and Exchange Commission. That depth of understanding is exactly what we want for our team.”
Mr. Citera, 52, joins Chadbourne from UBS Securities, LLC in Stamford, Conn., where he was Executive Director and Regulatory Risk Manager for the U.S. Equities Division. In this position, Mr. Citera managed legal, compliance and regulatory risk for the U.S. Equities business and ran the Regulatory Control Group, which acts as the primary supervisor for the research, trading and sales functions. He also served as Coordinator of the Market Structure Committee and provided advice and guidance on market structure issues pertaining to U.S. and foreign securities markets.
Prior to joining UBS Securities, Mr. Citera had been Deputy General Counsel at PaineWebber International in New York, where he managed the Capital Markets Group of the Legal Department. He was responsible for providing legal advice to the equity, fixed income, municipal and international businesses. Earlier in his career, he had been a lawyer with the SEC’s Division of Market Regulation and Office of General Counsel. His experience also includes nine years at a leading law firm with a focus on securities transactions and litigations and broker-dealer regulations.
Mr. Citera holds a B.A, magna cum laude, from the State University of New York at Albany and a J.D., magna cum laude, from the State University of New York at Buffalo, where he served on the law review.
Chadbourne represents both institutions and individuals in all types of securities-related matters. The Firm’s experience ranges across both federal and state jurisdictions, including cases concerning claims against directors and officers, shareholder derivative claims, customer complaints, securities fraud class actions and enforcement matters before the SEC, NYSE, NASD, CFTC and other regulatory organizations. Clients include issuers and their officers and directors, underwriters, broker-dealers, investment banks, commercial banks and accounting firms.
About Chadbourne & Parke LLP
Chadbourne & Parke LLP, an international law firm headquartered in New York City, provides a full range of legal services, including mergers and acquisitions, securities, project finance, private funds, corporate finance, energy, communications and technology, commercial and products liability litigation, securities litigation and regulatory enforcement, special investigations and litigation, intellectual property, antitrust, domestic and international tax, insurance and reinsurance, environmental, real estate, bankruptcy and financial restructuring, employment law and ERISA, trusts and estates, and government contract matters. Major geographical areas of concentration include Central and Eastern Europe, Russia and the CIS, and Latin America. The Firm has offices in New York, Washington, DC, Los Angeles, Houston, Moscow, St. Petersburg, Warsaw (through a Polish partnership), Kyiv, Almaty, Tashkent, Beijing, and a multinational partnership, Chadbourne & Parke, in London. For additional information, visit www.chadbourne.com.