Scott Sorrels, a member of Sutherland’s Litigation Practice Group, has practiced in the securities regulatory and enforcement area for more than 25 years. His practice involves representing public and private companies, their officers and directors, along with financial institutions, accounting and law firms and their principals, in U.S. Securities and Exchange Commission (SEC) enforcement actions, Department of Justice investigations and criminal prosecutions, and complex civil litigation.
Scott frequently conducts investigations at the request of audit and special committees of the boards of directors of both public and private companies. These representations have included investigations into violations of the Private Securities Litigation Reform Act, financial reporting fraud, breaches of fiduciary duty, and officer and director misconduct.
Scott writes and speaks regularly on securities compliance, regulatory and enforcement issues, accountant liability, and corporate governance. He founded and has co-chaired the Georgia Institute for Continuing Legal Education advanced seminar program entitled “Securities Litigation and Regulatory Practice” for the past 15 years.
Before joining the firm, Scott was an enforcement attorney at the SEC from 1984 to 1986 where he worked on high-profile financial fraud cases. From 1986 to 2010, Scott was a partner at another law firm.
PROFESSIONAL HONORS AND AWARDS
- Named to The Best Lawyers in America in the area of litigation - securities law (2012)
- Named “National Marketing Partner of the Year” by Marketing Partners Forum (January 2007)
- Honoree for Community Service, Atlanta Women’s Magazine (January 2007)
PROFESSIONAL AND COMMUNITY INVOLVEMENT
- Member, State Bar of Georgia
- National Commissioner Service Chair, Boy Scouts of America
- Area Nine President, National Council, Boy Scouts of America
- Chair of Trustees, Board Member, Past President, Northeast Georgia Council, Boy Scouts of America
- Member, Board of Advisors, Metro Atlanta Chamber of Commerce
- Member, Midtown Alliance Board
- Member, Community Bankers Association of Georgia
- Member, Georgia Bankers Association
PUBLICATIONS AND SPEAKING ENGAGEMENTS
- Co-author, “FDIC Seeks to Flex Muscles Notwithstanding Large Investigative Backlog,” The Banking Law Journal (June 2011)
- Author, "Do I Need to Get My Own Lawyer?" Bank Director Magazine (4th Quarter 2010 Edition)
- Co-author, “Counsel’s Role When Situations Go Bad During Financial Audits: A Few Reflections on Maintaining Positive Auditor Relations,” Partnering Perspectives (Fall 2010)
- Author, “A Successful Internal Investigation,” Counsel to Counsel (Summer 2010)
- Speaker, “You Mean the Bank Board is Not the Rotary,” 38th Annual TBA Bankers Legal Conference (March 29-30, 2012)
- Panelist, “Fraud Panel,” IIA Atlanta Chapter Meeting: Risk Governance and the Audit Committee: Assessing Risks vs. Rewards (March 11, 2011)
- Moderator, “Panel Discussion on Special Investigations and Banking Crimes,” ICLE Banking and Finance Law (February 18, 2011)
- Panelist, "Panel on Theories in Fraud Response," KPMG Perspectives Conference (November 10, 2010)
- Program Co-Chair and Moderator, “Litigation Update,” ICLE Securities Litigation and Regulatory Practice Seminar (October 29, 2010)
- Speaker, "FDIC Claims and D & O Insurance," Georgia Bankers Association Bank Counsel Conference (October 3-5, 2010)
- Speaker, “Interactive General Session,” Director & Officer Exposure: What Keeps You Awake at Night? (February 26, 2010)
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