Christopher Clark, a former federal prosecutor, is Co-Deputy Office Managing Partner of the New York office of Latham & Watkins. He previously served as a Global Co-Chair of the firm’s Financial Institutions Industry Group and as Global Co-Chair of the Securities Litigation Practice.
With deep experience in matters concerning financial markets, Mr. Clark focuses on two main areas - representing: (1) financial institutions (including alternative investment firms such as hedge and private equity funds), corporations, and individuals in complex civil and criminal litigation, regulatory inquiries, and investigations; and (2) alternative investment firms in large-scale civil disputes involving distressed or defaulted securities. He is routinely called upon to represent the most sophisticated parties in the most complicated, high-stakes matters.
Mr. Clark was an Assistant US Attorney in the Southern District of New York and a member of the Securities and Commodities Fraud Task Force. During his tenure there, he conducted nine federal criminal trials as lead counsel (including the conviction of the men who looted Adelphia Communications Corp.) and argued more than 20 appeals in the Second Circuit.
Mr. Clark's representative matters include:
- SEC v. Elon Musk, represented the founder & CEO of Tesla Motors in an SEC investigation and resolution of selective disclosure allegations.
- SEC v. Mark Cuban, successfully represented Mark Cuban in a three-week federal jury trial, prevailing on all charges. Had previously represented Mr. Cuban in connection with the allegation that Mr. Cuban committed insider trading. Obtained first of its kind decision dismissing SEC's Complaint in its entirety.
- Gilmore v. Turvo, Inc., represented a special committee in a suit in the Delaware Chancery Court brought by the company’s former CEO, who sought relief pursuant to DE Section 225. As lead trial counsel, Mr. Clark successfully defended the claims and obtained a monetary settlement from Plaintiff despite the fact that his clients never brought counter-claims.
- Non-Public Bribery Investigation - successfully represented a prominent attorney in a multi-national six-year bribery investigation. No charges were brought in any jurisdiction against the client.
- PDVSA v. MUFG, represented bond beneficiaries and fiduciaries in a challenge by PDVSA to the validity of its entire 2020 bond issuance. Obtained summary judgment in favor of clients, a declaration of the bonds’ validity and a monetary award for clients in the amount of nearly US$2 billion.
- Argentine Provincial Bonds, represented several ad hoc committees in negotiations with various Argentine provincial issuers. Successfully negotiated a number of creditor-favorable restructurings, including Chubut and Neuquen.
- In re Argentine Bond Litigation, represented the largest group of Exchange Bondholders in international and domestic litigation concerning restructured Argentine Sovereign debt. Lead coordinating counsel in legal actions in the United States, UK, and Belgium, among other jurisdictions.
- SEC v. Gryphon Partners, L.P., representation of hedge fund in contested enforcement proceeding regarding the trading of PIPEs. Won landmark motion to dismiss SEC allegations regarding violations of Section 5 of the Securities Act of 1933.