Jessica L. Matelis

Partner

Overview

Jessica L. Matelis is a partner and litigation attorney in the Washington, D.C., office of Foley & Lardner LLP. Her practice includes securities law enforcement and litigation matters.

Formerly, Ms. Matelis was a senior counsel in the Division of Enforcement of the U.S. Securities and Exchange Commission, where she investigated a wide range of potential violations of federal securities laws including financial statement fraud, disclosure fraud, auditor misconduct, insider trading, conduct of investment companies and investment advisors, and market manipulation. In addition to her investigations, Ms. Matelis litigated a complex contested insider trading case against three defendants in the Central District of California, ultimately achieving a favorable settlement for the Commission shortly before trial. During her time at the Commission, Ms. Matelis also played a significant role in the development, evaluation, and implementation of “big data” systems for use by Enforcement staff.

Prior to her time at the SEC, Ms. Matelis spent over ten years in private practice at international law firms in Washington D.C. Her practice focused on the defense of public companies, boards of directors, investment advisors, audit firms, and accountants before the SEC, PCAOB as well as other federal and state securities and financial regulators.

Representative Experience

  • Successfully represented the CFO of Indymac Bancorp in all matters resulting from the bank’s failure, including a complete summary judgment award in the SEC’s federal court litigation
  • Conducted shareholder demand letter review for board committee of a top ten financial institution and precluded the filing of derivative litigation
  • Secured judgment of dismissal on the merits in an administrative proceeding by the SEC against an audit engagement partner from a Big Four accounting firm
  • Defended research analyst in a contested FINRA disciplinary proceeding
  • Led an internal investigation for a major cable television company and obtained favorable outcome in pending SEC enforcement action after reporting the results of the investigation

Education

Ms. Matelis received her law degree from Cornell Law School (J.D., cum laude, 2002), where she was a member of the Cornell Journal of Law and Public Policy and the vice-chancellor for Cornell’s Moot Court board. She received her undergraduate degree from Northeastern University (B.S., summa cum laude, 1999), where she graduated first in her class.

Publications and Presentations

  • Panelist, “Salman v. U.S.: What Does it Mean for Private Practitioners?,” Spring Meeting of the ABA’s Subcommittee on Civil Litigation and Securities Enforcement Matters (April 2017)
  • Panelist, “The Supreme Court’s Decision in Salman v. U.S.: What Does it Mean for Private Practitioners?,” ABA Breaking News Webinar Series (January 2017)
  • Teacher, “Practical Advice on Privilege Logs,” DC Bar CLE Series (October 2015)
  • Co-author, “PCAOB Foreign Inspections – A Chinese Conundrum,” The Review of Securities and Commodities Regulations, Vol. 44, No. 12 (June 2011)
  • Co-author, “Failed Financial Institution Litigation: Remember When,” NYU Journal of Law & Business, Vol. 5, No. 1 (Spring 2009)
  • Co-author, “Special Committees Must be Fully Independent and Demonstrate A 'Vigorous' Commitment to Protecting the Interests of the Corporation,” The Metropolitan Corporate Counsel (December 2008)
  • Co-author, “FCPA Compliance Monitors – A Buyer’s Guide,” The Review of Securities and Commodities Regulations, Vol. 41, No. 11 (June 2008)
  • Co-author, “FDA, SEC Disclosure: Standard Procedures Can Help,” Securities Law360 (June 27, 2007)
  • Co-author, “Managing Information for SEC Disclosures,” Pharmaceutical Commerce (April 30, 2007)
  • Co-author, “Enforcement Practice Before the PCAOB,” The Review of Securities and Commodities Regulations, Vol. 39, No. 13 (July 2006)

Admissions

Ms. Matelis is admitted to practice in New York, the District of Columbia, the United States District Court for the District of Columbia, and the Ninth Circuit Court of Appeals.

Capabilities

Insights