Jonathan H. Friedman
Partner
Jonathan Friedman represents clients in a broad range of complex, high-stakes commercial litigation, as well as in enforcement proceedings before the SEC and self-regulatory organizations (SROs). He is a member of the firm’s Securities Enforcement & Litigation and Business Litigation & Dispute Resolution Practices. He is also a member of the Environmental, Social, and Corporate Governance (ESG) Team.
Representative Experience
- Represented KPMG LLP in obtaining the dismissal of claims seeking over $1.1 billion based on allegedly insufficient audit work, along with an affirmance from the Delaware Supreme Court
- Represented Merrill Lynch in obtaining the dismissal of two lawsuits seeking over $300 million for alleged losses in the purchase of auction rate securities, along with an affirmance from the Second Circuit Court of Appeals
- Represented an indenture trustee for over $1.4 billion in senior and subordinated notes in successfully challenging a corporate restructuring that had diverted assets securing those notes
- Defended a real estate company in litigation with its former managers and obtaining the dismissal of claims seeking over $80 million in damages in connection with a disputed incentive agreement
- Represented audit firms and their partners, officers, and directors of public companies, securities broker-dealers and their employees and law firms and their partners in enforcement proceedings before the SEC and SROs
Awards and Recognition
- Selected for inclusion in the New York Super Lawyers – Rising Stars® lists (2014-2016)
Pro Bono
- Represented the Innocence Project in filing an amicus curiae brief with the Third Department Appellate Division that helped secure the freedom of a woman who had pleaded guilty based on scientific evidence that was later recognized as fraudulent
Delaware Affirms Limitation of Vicarious Liability Within Global Networks
In a win for the accounting profession and other member firm networks, the Delaware Court of Chancery clarified the limits of vicarious liability within such networks. On August 21, 2020, the Court held in Otto Candies, LLC v. KPMG LLP that a principal cannot be liable for an agent’s misconduct unless the principal controlled the specific wrongful act.
Foley Elects New Partners
Foley & Lardner LLP announced today that the following of counsel and senior counsel have been elected to the partnership, effective February 1, 2018.
Foley Attorneys Named 2016 New York Metro Super Lawyers and Rising Stars
Foley & Lardner LLP announced that eight attorneys from the New York office have been named 2016 New York Metro Super Lawyers.
Future of the SEC’s Administrative Forum Web Conference
<SPAN style="FONT-FAMILY: Arial,sans-serif">The U.S. Securities and Exchange Commission's (SEC) practice and procedure of deciding enforcement proceedings before Administrative Law Judges (ALJ), its in-house administrative forum, has faced challenges from those who believe the forum is both unfair and unjust.</SPAN>
Foley Attorneys Named 2015 New York Metro Super Lawyers and Rising Stars
Foley & Lardner LLP announced that seven attorneys from the New York office have been named 2015 New York Metro Super Lawyers. In addition, nine attorneys have been named 2015 New York Metro Rising Stars.