Arthur G. Jakoby is a member of Herrick's Executive Committee, co-chair of its Securities, Futures & Derivatives Litigation Practice Group and chair of its Title Insurance Practice Group.
For over 25 years, since leaving the U.S. Securities & Exchange Commission, Division of Enforcement, Arthur has represented regulated companies and individuals, Board of Directors and corporate management in matters concerning:
According to the 2013 edition of US Legal 500: Arthur is "recommended for any matter requiring intelligence, perseverance and litigating and negotiating skills." A December 2012 Forbes magazine article lauded Arthur's recent $165 million dollar litigation victory: "The investors retained the law firm of Herrick, Feinstein LLP which through lead attorney Arthur Jakoby [achieved a] remarkable outcome…due in large part to a clever legal strategy featuring multiple parties, [and] multiple lawsuits…[T]he adoption of a shrewd multi-faceted legal strategy now 'virtually guarantees' that these investors will achieve what was previously unthinkable – realizing a legal profit from investing in [the Madoff] Ponzi scheme."
Arthur also chairs Herrick, Feinstein's Title Insurance Litigation Group, which represents all of the major title insurance companies in New York and New Jersey with respect to coverage issues and claims asserted against their insureds. Arthur has handled hundreds of cases throughout the Northeast and Mid-Atlantic states involving complex real estate transactions including disputes over the sale of multi-million dollar properties and many class actions involving allegations of price fixing and overcharges. Title underwriters refer their "bet the company cases" to Arthur since many of these cases involve fraudulent and criminal practices which give rise to title problems/claims and criminal prosecutions.
Prior to joining Herrick in 1987, Arthur served as Special Trial Counsel in the Division of Enforcement of the SEC. He prosecuted penny stock frauds, insider trading, accounting frauds and stock market manipulation cases involving individuals, public companies, broker dealers and their principals. While at the SEC, he also assisted the U.S. Attorney's Financial Crimes Unit for the District of New Jersey.
Recognized as an authority, Arthur is often quoted by national publications including the New York Times, the Wall Street Journal, Forbes Magazine and Law 360 as well as an in-depth interview on Bloomberg Law Rainmakers. Arthur has taught numerous classes at Cardozo Law School, New York University School of Continuing Education and New York Law School. He has published articles on title insurance law and government investigations and enforcement actions.
Arthur is currently a member of the Board of Directors and Secretary of the Westchester, New York Chapter of the Juvenile Diabetes Research Foundation (JDRF). Arthur lives in Westchester, New York with his wife and two children.