Arthur Jakoby is a seasoned securities and commercial real estate litigator. He is a former SEC prosecutor, who has successfully represented regulated companies, individuals, board directors and corporate executives in a wide range of complex matters.
Arthur’s experience in securities litigation includes:
- Enforcement actions before the SEC, U.S. Attorney's Office, FCC, DOL, State Attorney General's Offices, District Attorney's Offices, FINRA, PCAOB, NFA and various state regulatory departments, including the New York State Department of Financial Services and the New Jersey Department of Banking and Insurance
- Complex civil commercial litigation
- Securities defense litigation in federal and state courts
- Arbitrations and alternative dispute resolution proceedings
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 article in Forbes
lauded Arthur's $165 million dollar litigation victory: "[…]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."
Prior to joining Herrick, Arthur was Special Trial Counsel in the SEC’s Division of Enforcement. While at the SEC, he prosecuted stock and accounting frauds, insider trading matters and stock market manipulation cases involving individuals, public companies, broker dealers and their principals. He was also assigned as a special AUSA to the U.S. Attorney's Financial Crimes Unit for the District of New Jersey.
Arthur also chairs Herrick’s real estate title insurance litigation group, which represents all of the major title insurance companies in New York and New Jersey in complex real estate claims against their insureds. In his 25-year career he has successfully resolved hundreds of real estate title insurance cases in the Northeast and Mid-Atlantic, as well as many class actions involving allegations of price fixing and overcharges by title underwriters. Real estate developers, owners and title underwriters frequently call on Arthur when faced with “bet the company” cases involving breach of contract, breach of fiduciary duty and fraud claims involving large commercial properties.
Arthur has taught trial practice at Cardozo Law School. He was an adjunct professor at New York University School of Continuing Education and taught a class on insider trading and the securities law and has been a guest lecturer on title insurance at New York Law School. He currently serves as a Board Director and Secretary of the Westchester Chapter of the Juvenile Diabetes Research Foundation (JDRF).