Jay Musoff, a former federal prosecutor, is co-chair of Loeb & Loeb's White Collar Criminal Defense and Investigations Group. He focuses his practice on white collar criminal defense, internal investigations, and securities litigation. Mr. Musoff represents corporations and their senior executives in high-profile investigations, including investigations relating to insider trading, tax shelters, Foreign Corrupt Practices Act issues, government contractor fraud, and securities and accounting fraud.
Mr. Musoff advises corporations, their officers, and their boards of directors on their most important issues. Mr. Musoff leads internal investigations on behalf of companies and their boards, and responds to investigations by government agencies, including the Department of Justice and the Securities and Exchange Commission. He also served as Special Counsel to the New York State Senate in connection with the Moreland Commission to Investigate Public Corruption.
Much of Mr. Musoff's practice is international. For example, he often advises companies from China with respect to issues they face with regulators or law enforcement agencies in the United States. He also advises companies seeking to do business in China, Russia, the Middle East, and elsewhere. Mr. Musoff drafts and reviews compliance policies, and advises companies on due diligence concerning acquisitions. Most of his advice deals with assisting companies to better manage or mitigate risk.
Mr. Musoff has one of the leading practices in the United States representing public companies based in China, as well as their officers, directors, and auditors, in investigations throughout the country by the Securities and Exchange Commission and the Public Company Accounting Oversight Board. The SEC's Director of Enforcement has made the investigation of China-based issuers one of the SEC's top enforcement priorities. Mr. Musoff has handled investigations brought by the SEC and the PCAOB across the country, including New York, Washington, Los Angeles, and Boston.
Mr. Musoff also has one of the country's leading internet gambling practices. From the criminal investigations of public companies in the United Kingdom that the U.S. Department of Justice brought in the wake of the passage of the Unlawful Internet Gambling Enforcement Act of 2006, to the recent prosecutions and asset forfeiture seizures following “ Black Friday, ” Mr. Musoff has represented companies, chief executive officers, board of director committees, and individuals in the most important cases that the DOJ has brought in this area.
The American Lawyer described Mr. Musoff's representation of Telenor ASA in its dispute with Alfa Group as one of the defining transnational business battles of our time.
In addition, Mr. Musoff has defended consumer protection actions and investigations initiated by the Federal Trade Commission, United States Department of Justice, and state Attorneys General offices.
Special Counsel In Connection with Governor Cuomo's Moreland Commission to Investigate Public Corruption
Served as special counsel to the co-president of the New York State Senate and the New York State Senate's Independent Democratic Conference, in connection with New York Governor Andrew Cuomo's Moreland Commission to Investigate Public Corruption in the New York state legislature.
Internal Investigation of Internet Poker Company
Represented the special committee of the board of directors of an Internet poker company in connection with an internal investigation prompted by investigations by the U.S. Attorney's Office for the Southern District of New York.
SEC Investigation Into Accounting Irregularities in Acquisition
Represented a public company based in China that is under investigation by the U.S. Securities and Exchange Commission in connection with allegations relating to accounting irregularities in connection with an acquisition.
Internet Gambling Investigation of FTSE 100 CEO
Represented the CEO of a London Stock Exchange FTSE 100 company in a criminal investigation of Internet gambling by the U.S. Attorney's Office for the Southern District of New York. The company signed a non-prosecution agreement with the government, and no officers or directors were charged.
China-based Public Company in SEC Insider Trading Investigation
Represented a public company based in China that is under investigation by the U.S. Securities and Exchange Commission in connection with allegations relating to insider trading by a member of the company's board of directors.
SEC Investigation of U.K. Executive of U.S. Technology Company
Represent a U.K. executive of a U.S. information technology company in an SEC investigation into alleged accounting irregularities relating to the largest civilian government contract in the United Kingdom's history.
CEO in Investigation Into Company's Accounting Practices
Represented the CEO of a company under investigation by the U.S. Securities and Exchange Commission in connection with allegations relating to accounting irregularities and improper revenue recognition.
Telenor ASA in Dispute With Alfa Group
Represented the Norwegian telecommunications company Telenor ASA in its multiple disputes with Alfa Group.
Internal Audit Regarding Issues Relating to Mortgage Services Provided by Client
Represented a public company in connection with an internal audit regarding potential issues relating to mortgage services provided to financial institutions.
European Bank CFO in DOJ Investigation of Cuban Transactions
Represented the CFO of a division of a European bank under investigation by the U.S. Department of Justice and the New York District Attorney's Office for allegedly facilitating financial transactions with Cuba.
PRIOR WORK EXPERIENCE
Mr. Musoff served for six years as an Assistant United States Attorney in the U.S. Attorney's Office for the Southern District of New York, where he was a member of the Securities and Commodities Fraud Task Force. During his tenure at the U.S. Attorney's Office, Mr. Musoff tried 10 felony jury cases to verdict, and he briefed and argued numerous cases before the U.S. Court of Appeals for the Second Circuit.
Momentum Event Group's, The Global Anti-Corruption Congress
June 18-19, 2013 Hotel Monaco Washington DC
700 F Street NW
Washington, DC 20004
Loeb & Loeb LLP is proud to sponsor Momentum Event Group's, The Global Anti-Corruption Congress where partner Robert Andalman will speak on a panel titled How to Conduct an Effecti...
19th Annual Edward Brodsky Legal Conference Presented by the Anti-Defamation League
March 5, 2013
Fact or Fiction: Is Fraud Widely Prevalent in China-Based Public Companies or are Fears Exaggerated?
November 8, 2011
Parallel Investigations and Proceedings by the SEC and DOJ, Lawline Seminar
October 11, 2011
Privilege Issues in Internal Investigations, Pro Bono Legal Training for Goldman Sachs
October 13, 2010
Federal Criminal Law, New York University School of Law, Lawyering Program
Attorney-Client Privilege, Real Estate Roundtable
June 12, 2008
Federal Criminal Law, New York University School of Law, Lawyering Program
Investigating Suspected Wrongdoing While Minimizing Legal Risk, 9th Annual Roundtable on Critical Issues in the Financial Services Industry
Emerging Issues in Corporate Internal Investigations, National Employment Law Institute
Internal Investigations and Avoiding Retaliation in the Sarbanes-Oxley Era, 8th Annual Roundtable on Critical Issues in the Financial Services Industry
PUBLICATIONS AND MEDIA
Blurred Lines: Disgorgement, Forfeiture, and Punishment
Spring 2014 Criminal Litigation, American Bar Association Section of Litigation Newsletter, Vol. 14, No. 2
Loeb & Loeb Closes $90 Million Initial Public Offering for Client Amira Nature Foods
October 19, 2012
International Discovery Regulations and U.S. Government Investigations
Former Federal Prosecutor Joins Loeb & Loeb's White Collar Criminal Defense, Corporate Compliance and Investigations Group
February 7, 2011
White Collar Crime and Government Investigations
November 2006 Trends and Challenges in Complex Litigation
Key Strategies For Successfully Conducting Internal Investigations For White Collar Crimes
Best Practices For White Collar Litigation
Successfully Investigating White Collar Crime
2006 The Private Equity/VC Lawyer's Best Practices Collection
Sharing Information with Auditors: Does it Waive Work Product Protection?
July 2005 White-Collar Crime Issue, New York Law Journal
In House Counsel: Ethics and Off-Switches: What Next?
September 2004 Legal Times
NY Lawmakers Cozying Up to Cash, Anti-Graft Panel Says
December 9, 2013 Law360
Silver, Skelos and Klein Join Law Firms' Legal Fight Against Moreland
December 2, 2013 Capital
FCPA Compliance - Mitigating Risk in M&A Transactions
September 2012 Acquisition International
• Named New York Super Lawyer in Criminal Defense: White Collar by Thomson Reuters (2006, 2010-2014 editions)
• New York City Urban Fellow
• Association of Yale Alumni Distinguished Service Award