Neil Lang represents public companies, their officers and directors, brokers, investment advisers and individuals in government and regulatory investigations, enforcement and litigation involving, among others, the Securities and Exchange Commission (SEC), the Department of Justice (DOJ), state regulatory agencies, the Financial Industry Regulatory Authority (FINRA) and private litigants. He advises public companies, broker-dealers, investment advisers and financial institutions on federal and state regulatory matters, disclosure issues and compliance matters.
A member of Sutherland’s Litigation practice group, Neil helped build the firm’s Securities Enforcement and Litigation and White Collar Defense Practice teams. He has more than 25 years of experience in securities enforcement, compliance, corporate governance disclosure issues, internal investigations and litigation.
A former chief trial attorney for the Division of Enforcement of the SEC, Neil has litigated dozens of cases involving allegations of financial fraud, fair value improprieties, market manipulation, insider trading, accounting irregularities and proxy violations. He was also an Executive Vice President and General Counsel of a publicly traded financial institution. He brings years of enforcement, regulatory and business experience to his practice, as well as an insider's working knowledge of the SEC's perspectives and public company internal dynamics and pressures.
Sutherland represents publicly traded BDC in joint SEC and DOJ investigation into fair value and financial statement matters.
Sutherland successfully represented a business development company in a joint Securities and Exchange Commission and Department of Justice investigation relating to fair value and other financial statement matters. In addition to the SEC and DOJ, several other agencies had separate inquiries, and shortsellers launched a simultaneous attack on the company and its portfolio companies.
Sutherland successfully conducts internal investigation and defends broker-dealer affiliate of insurer in FINRA investigation into allegations of suitability, supervision and other matters.
Sutherland successfully defended a broker-dealer affiliate of a major insurance company and individuals in a FINRA investigation involving allegations of parking broker registrations, and falsifying broker examination and compliance testing results. The case also involved branch registration, suitability and supervision issues. FINRA determined not to pursue the matter.
Sutherland successfully conducts internal investigation into allegations of improper revenue recognition and management integrity.
Sutherland conducted an internal investigation into allegations of improper revenue recognition and management integrity issues at the U.S. subsidiary of a multinational corporation. At risk was whether the enterprise would be able to receive a clean audit opinion and release its financial statement. Over seven weeks we gathered documents, interviewed witnesses and reported conclusions to management. The auditors accepted the findings and conslusions about the nature and extent of the issues and issued a clean audit opinion.
Awards and Rankings
Named in The Best Lawyers in America in the areas of litigation, securities law and securities regulation (2008-2013)
Selected for inclusion into Washington, D.C. Super Lawyers® (2012, 2013)
Member, Executive Committee of the Advisory Board of the Institute for Financial Market Regulation at the State University of New York at Albany
Former Adjunct Professor, Georgetown University Law School, teaching Professional Responsibilities in Corporate and Securities Matters