A top-flight litigator, Schirick played a key role in representing JPMorgan in 2012 in the "London Whale" incident. His work touched on several fronts of the massive investigation, including a response to the Senate Permanent Subcommittee on Investigations, conducting an extensive internal investigation, and in an eventual settlement with the Department of Justice, SEC, CFTC and other agencies. This high-profile case chronicled a doubling-down on a deep loss by a London-based trader resulting in a $6.2 billion overall loss for JPMorgan. This type of in-depth, end-to-end experience will serve Schirick well at Pryor Cashman as he applies his knowledge and experience in representing corporations and their executives.
"Our strategic efforts in lateral recruitment keep our firm evolving, particularly in areas like securities enforcement, where the government is very active and we expect the heightened enforcement environment to persist. We are thrilled to bring Scott on board where his proven experience and highly specialized skill set enhance our already strong capabilities in this area," said Ronald H. Shechtman, Pryor Cashman's managing partner.
Most notably, Schirick's experience encompasses both complex federal and state court litigation, securities enforcement and regulatory investigations, and white-collar criminal defense matters, including insider trading and financial fraud investigations, Foreign Corrupt Practices Act (FCPA) and public corruption probes, antitrust inquiries, anti-money laundering and Bank Secrecy Act issues, and investigations and litigation under the False Claims Act. He represents public and private companies, financial institutions and individuals in investigations before the U.S. Department of Justice, the SEC, U.S. Commodity Futures Trading Commission (CFTC), Congressional committees, and the Financial Industry Regulatory Authority (FINRA).
"Pryor Cashman has a fantastic reputation and has recruited some impressive talent, including former Assistant U.S. Attorney for the Southern District of New York, Jeff Alberts. I am confident that my experience will add to the impressive foundation already in place, and I am very excited to join this very skilled team," said Schirick.
Schirick earned his J.D. from Georgetown University Law Center, where he was the Director of the Holocaust Reparations Project, and his B.A. from the University of Virginia.
Contact: Kathy O'Brien / firstname.lastname@example.org, 203-268-1315
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SOURCE Pryor Cashman LLP