Electronic Brokerage Veteran Joseph C. Lombard Joins Murphy & McGonigle Law Firm

WASHINGTON, Sept. 7 /PRNewswire/ -- Today, the Murphy & McGonigle law firm announced that Joseph C. Lombard, a former Archipelago Holdings executive and market structure counsel to SEC Chairman Arthur Levitt, has joined the firm as a partner in its Washington, D.C. office.  Lombard brings to the firm broad business, legal and policy experience with the U.S. equity and options markets, having served as the chief executive of an electronic brokerage firm, regulator, policy-maker, lawyer and board member.  Lombard will add to the firm's already deep regulatory counseling expertise, joining among others Paul Merolla, former Instinet Group General Counsel.  Lombard is also alumnus of the SEC's Division of Enforcement and an experienced enforcement defense counsel.  He will work closely with the firm's SEC Enforcement Group led by veteran defense counsel Thomas J. McGonigle.  

(Photo:  http://photos.prnewswire.com/prnh/20100907/PH60141 )

(Photo:  http://www.newscom.com/cgi-bin/prnh/20100907/PH60141 )

"We are thrilled to have someone of Joe's profile within the financial services industry join our growing team," said James A. Murphy, chairman of Murphy & McGonigle.  "Joe brings a great depth of knowledge and an insider's perspective on the technological and regulatory changes that are transforming the electronic trading industry," added Murphy.  

"Murphy & McGonigle offers its financial services clients cutting-edge creativity, expertise and technology solutions," Lombard said.  "It's a real pleasure to be able to join old friends in this energized, entrepreneurial new venture," added Lombard.  

In addition to counseling the financial services industry, Murphy & McGonigle represents public companies and their officers and directors in high stakes litigation matters, as well as governmental investigations and enforcement proceedings.  The firm's Washington, D.C. based SEC Enforcement Group includes seven partners who formerly served in the SEC's Division of Enforcement.  The Litigation Group, headed by Murphy, has served as lead counsel for financial institutions in some of the highest stakes cases brought in recent years, including securities class actions, auction rate securities cases, the "bank sweep" cases and mortgage securitization litigation.

Murphy & McGonigle operates out of offices in New York, Washington, D.C. and Richmond, Virginia.  For more information on the firm, please visit www.murphymcgonigle.com.

SOURCE Murphy & McGonigle, P.C.