Phillip L. Stern concentrates his practice in securities and commodities regulatory defense and litigation, arbitrations and mediations and also handles corporate internal investigations and lawsuits involving liability of officers, directors, accountants and law firms.
Prior to joining private practice, Phillip served 10 years with the Securities and Exchange Commission (SEC) in Chicago, the last five as Assistant Regional Administrator for Enforcement, and also served as a Special Assistant U.S. Attorney. He regularly represents clients throughout the country in connection with investigations undertaken by SEC, the Commodity Futures Trading Commission, the Chicago Board Options Exchange, the New York Stock Exchange and FINRA. Phillip also represents these clients in related criminal investigations and civil litigation. Phillip has extensive trial experience in both State and Federal Courts and before regulatory agencies. He also serves as a mediator for trading and commercial related disputes. He has been a court-appointed receiver in several SEC proceedings including overseeing the liquidation of three public mutual funds and a trust company.
Phillip has represented JP Morgan, Morgan Stanley, Deutsche Bank, Susquehanna International and UBS. He has also been retained by numerous investment banks and brokerages to represent the company’s individual financial advisors. Additionally, Phillip has also represented senior financial officers in fortune 500 companies as well as board members.