Adrian L. Jensen

Partner

Adrian Jensen regularly represents accounting firms and their partners, managers, and staff in investigations by the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board, as well as in related litigation. In addition to his work counseling and defending auditors, Adrian has experience representing companies and individuals in government and internal investigations relating to compliance with accounting, record-keeping, and disclosure requirements; fraud; and the Foreign Corrupt Practices Act (FCPA). He has also assisted in representing corporate clients in sanctions and anti-dumping investigations. He has particularly deep experience handling investigations and enforcement actions involving Japanese and Korean companies, including addressing differences between their legal systems and business cultures and those of the United States. He is a partner in the firm’s Securities Enforcement & Litigation Practice.

Representative Experience

  • Represented a Korean accounting firm in an internal investigation and subsequent PCAOB investigation into documentation practices.
  • Oversaw an internal investigation into accounting practices at the U.S. subsidiary of a Japanese automotive parts manufacturer.
  • Oversaw an internal investigation into economic sanctions compliance in China for a Korean automotive parts manufacturer.
  • Represented a Japanese automotive parts manufacturer in the U.S. Department of Justice investigation into antitrust violations in the automotive parts industry. Adrien’s work on this representation included coordination and oversight of Foley’s internal investigation in Japan.
  • Represented employees of Japanese automotive partners manufacturers in the U.S. Department of Justice investigation into antitrust violations in the automotive parts industry.
  • Assisted the audit committee of a medical equipment company in performing an internal investigation into its historical accounting in connection with a financial statement restatement and represented the company in a related SEC investigation.
  • Oversaw design and execution of compliance and internal controls testing to support the work of the independent compliance monitor engaged by a financial institution pursuant to its settlements with the U.S. Department of Justice and U.S. Securities and Exchange Commission.

Languages

  • Japanese
  • Korean (conversational)
23 May 2022 Foley Funds Legal Focus

The Fifth Circuit Strikes a Blow to the Constitutionality of SEC Administrative Proceedings

On Wednesday, in a 2-1 decision, a three-judge panel of the U.S. Court of Appeals for the Fifth Circuit ruled in Jarkesy v. SEC that proceedings before an SEC administrative law judge were unconstitutional.
17 December 2021 Newsletters

SEC Issues Proposed 10b5-1 Trading Plan Amendments

On December 15, 2021, the Securities and Exchange Commission proposed amendments to Rule 10b5-1 under the Securities Exchange Act of 1934, which provides a safe harbor and affirmative defense from insider trading for corporate officers and directors that trade securities pursuant to a stock trading plan under the Rule.
01 November 2021 Press Releases

Foley Announces Release of Comprehensive Audit Committee Deskbook

Foley & Lardner LLP, in partnership with the Practising Law Institute, is pleased to announce the release of the Audit Committee Deskbook, set to publish on November 1, 2021.
11 June 2021

Gensler Identifies Insider Trading Plans and Equity Trading Rules as Areas of SEC Focus

SEC Chair Gary Gensler identified Rule 10b5-1 stock trading plans and equity trading rules as fresh areas of regulatory focus for the SEC.
02 April 2021 Newsletters

SEC Signals Enhanced Scrutiny of SPAC Transactions

On March 31, 2021, the SEC’s Division of Corporation Finance and Acting Chief Accountant issued separate public statements concerning Special Purpose Acquisition Companies (“SPACs”).
21 January 2021 Blogs

U.S. Litigation Caused by Novel Coronavirus, and Strategies for Japanese Businesses

Partners Etsuo Doi and Adrian Jensen wrote an article titled, “U.S. Litigation Caused by Novel Coronavirus, and Strategies for Japanese Businesses,” for the Japanese-language publication Business Law magazine.