Glen G. McGorty is a member of the White Collar & Regulatory Enforcement Group and the Financial Services Practice, managing partner of Crowell & Moring's New York office, and a member of the firm’s Management Board. Glen is an experienced trial lawyer who served almost 15 years as a federal prosecutor in the U.S. Attorney's Office for the Southern District of New York (SDNY) and the U.S. Department of Justice (DOJ) in Washington, D.C.
Glen represents corporate entities and individuals in federal and state criminal and regulatory matters, and in investigations conducted by grand juries, congressional committees, independent and special counsel, and domestic and international law enforcement and regulatory agencies including the DOJ, Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA), the New York State Department of Financial Services (DFS), and various State Attorneys General. Glen has also led internal investigations for many corporate clients including multiple international financial institutions, major defense contractors, a global communications company, an international energy company, and a Fortune 100 multinational engineering conglomerate. Since 2014, Glen has served as the Independent Monitor of the New York City District Council of Carpenters and related Taft-Hartley benefit funds, a position to which he was appointed by the U.S. District Court for the SDNY.
Glen has been recognized as a leader in the white collar and regulatory enforcement bar by Chambers USA since 2016. According to Chambers, he is "held in high regard for his expert representation of individuals in white collar proceedings, offers particular experience in matters arising from the financial services industry," and has a "strong reputation in the government investigations space, advising on areas such as FCPA violations and insider trading." As Chambers describes: "not only does [Glen] deliver at a high level, but he also has an excellent bedside manner with clients," he is "in his own category in terms of knowing how to deal with clients, opposing counsel and judges," and he is "very polished, very good on his feet and well respected." Glen has also been named a top-rated white collar criminal attorney by Super Lawyers magazine for the Metro New York area since 2017. In 2019, Glen was recognized as a Distinguished Leader by the New York Law Journal, and City & State New York named Glen to its 2020 Law Power 100 List of New York’s “100 most politically powerful lawyers.”
Government Service
Glen joined Crowell & Moring after almost 15 years at the DOJ. During his career with the government, Glen prosecuted and supervised a wide range of significant, high-profile cases, handling white collar matters such as securities fraud, public corruption, wire and mail fraud, money laundering, tax violations, insider trading, accounting fraud and options backdating cases, and other serious criminal cases such as RICO enterprises, international narcotics trafficking, and violent crimes including kidnapping and murder.
While serving as an Assistant U.S. Attorney (AUSA) in the SDNY, Glen was lead counsel in 15 federal jury trials, and he briefed and argued over a dozen cases before the U.S. Court of Appeals for the Second Circuit. He led numerous complex criminal investigations and prosecutions in virtually every sector of the office, including the SDNY's Securities and Commodities Fraud Task Force, and International Narcotics Trafficking Unit. In addition, he served in several senior supervisory positions, managing the SDNY's Narcotics, Violent Crimes, and General Crimes Units, and the Criminal Division itself, where he assisted in the supervision of approximately 150 criminal prosecutors. As Senior Trial Counsel in the SDNY's Public Corruption Unit, Glen oversaw various matters including the federal wiretap investigation and prosecution of New York State Senator Carl Kruger and his co-conspirators.
Before coming to the SDNY, Glen joined the DOJ through the Attorney General's Honors Program, and served more than three years as a Trial Attorney in the Fraud Section of DOJ's Criminal Division in Washington, D.C., and as a Special Assistant U.S. Attorney in the Eastern District of Virginia (EDVA).
In 2007, Glen received the DOJ's Attorney General Award for Distinguished Service, and in 2008, the True American Hero Award from the Federal Drug Agents Foundation.
Selected Representations
Financial Services and Securities Fraud
- Over 50 officers and employees of international financial institutions in connection with multinational criminal and regulatory investigations involving the foreign currency exchange market, residential mortgage-backed securities, U.S. Treasury trading, volatility index trading, accounting fraud, and alleged fraudulent misrepresentations to clients and investors.
- Former Managing Director and Head of Global Securitized Asset Trading at an international financial institution in a high profile and unprecedented civil action brought pursuant to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) by the DOJ in the Eastern District of New York (EDNY), United States v. Barclays Capital Inc. et al., 16 Cv. 7057 (KAM) (EDNY). Resulted in a favorable settlement and dismissal of all claims.
- Managing Director of an international financial institution’s Municipal Finance Division in an SEC Enforcement Action related to underwriter due diligence in a municipal bond offering.
- A senior executive in connection with a major EDNY fraud prosecution related to the pharmaceutical industry.
- A director at an international financial institution in connection with a FINRA inquiry related to an index valuation.
- A registered representative in connection with a high-profile alleged insider trading investigation conducted by the SDNY and the SEC Division of Enforcement.
- Two strategic financial analysts in connection with an accounting fraud investigation in the SDNY and SEC and a related civil class action lawsuit.
- A former hedge fund trader in connection with a major federal insider trading trial in the SDNY.
- A global supplier of nuclear power facilities and an international pharmaceutical company in a NJ Attorney General inquiry into potential fraud in a tax incentives program.
- The former Chief Operating Officer of an on-line small business lender in an SEC and DOJ investigation.
Foreign Corrupt Practices Act (FCPA) and Public Corruption Investigations
- A managing director at an international financial institution in connection with an international multinational investigation into FCPA violations in Asia.
- A global satellite communications company in an internal investigation related to FCPA concerns.
- An international power plant construction company in an internal investigation related to a public corruption prosecution in the SDNY.
- A global engineering company in connection with a federal bribery investigation in Texas.
- A former New York state official as a witness in a criminal public corruption prosecution conducted by the SDNY.
- A New York-based law firm in connection with an EDNY public corruption grand jury investigation.
Criminal and Civil Antitrust Investigations
- A global engineering company in an internal investigation of potential bid-rigging of several construction projects.
- An international private equity company in a civil antitrust litigation matter in the SDNY.
- Several Human Resources executives in connection with a DOJ Antitrust investigation.
- International traders in connection with an internal and DOJ Antitrust investigation.
- A global data technology corporation accused of breach of contract in connection with a Federal Trade Commission consent order designed to promote competition in the digital TV ratings measurement industry.
Asset Forfeiture/Money Laundering Investigations
- Former head of AML compliance for a national financial institution in connection with an SDNY criminal investigation and civil enforcement action into violations of The Bank Secrecy Act of 1970 (BSA).
- An international financial institution in an investigation by DOJ of allegations of money laundering and BSA violations.
- An international financial institution on several matters, including an internal investigation into several customers’ alleged money laundering activities.
- A multi-strategy hedge fund in connection with asset forfeiture claims and victim fund remission in the SDNY.
False Claims Act and Health Care Investigations
- A major national defense contractor in an internal investigation regarding deviation from government contract design specifications.
- A pool of employees at a publicly-traded pharmaceutical company in connection with a federal criminal and civil health care fraud investigation.
- A health care executive in a criminal RICO, fraud, and money laundering prosecution in the SDNY.
- One of the country’s largest health insurers in connection with a third-party subpoena issued by the SDNY.
Executive Employment
- A vice president of an international energy conglomerate in an internal expense-related employment inquiry.
- A former principal and senior partner of an international private equity firm in an SEC examination and investigation.
- A national pharmaceutical company in an internal investigation into an alleged sexual assault at a company retreat.
- One of the top art museums in the country in connection with an internal investigation of accusations against its director of tax fraud and creation of a hostile work environment.
Complex Commercial Litigation
- A global data technology corporation accused of breach of contract in connection with a Federal Trade Commission consent order designed to promote competition in the digital TV ratings measurement industry. Resulted in victory in arbitration before the American Arbitration Association (AAA).
- A global communications company defending a Lanham Act false advertising claim regarding wireless technology advertisements in federal court. Resulted in favorable settlement and dismissal of all claims.
- A multi-national pharmaceutical company in affirmative Lanham Act suit against competitor related to false efficacy and safety claims regarding prescription biologic in federal court. Resulted in favorable settlement and discontinuation of offending claims.
- An international luxury goods retailer in connection with a NYC-based lease dispute filed in the SDNY.
Independent Monitorships
- Appointed by the U.S. District Court for the SDNY in 2014 as the Independent Monitor of the New York City District Council of Carpenters and the affiliated Taft-Hartley benefit funds, in connection with the 1994 Consent Decree that installed oversight over anti-corruption measures designed to combat organized crime’s influence over the union.
Pro Bono Representations
- A low-level, non-violent drug offender serving a life sentence, who was granted clemency by President Barack Obama in 2015 and released in April 2016 after serving nearly a decade in prison.
- A non-violent drug offender sentenced to an excessively long sentence, who was released in 2014 after serving many years in prison upon discovery of a substantive error at sentencing.
- More than 20 indigent criminal defendants as part of the Criminal Justice Act (CJA) Panel for the U.S. District Court for the SDNY, in cases ranging from narcotics trafficking and racketeering to fraud and bank larceny.
Glen has been a panelist and faculty member at bar association and industry conferences related to criminal investigations and prosecutions, and federal criminal practice. He is an active member of the American Bar Association, the Federal Bar Council, the New York State Bar Association, and the New York City Bar Association.
Affiliations
Admitted to practice: New York, New Jersey, District of Columbia
Memberships
- American Bar Association, Criminal Justice Section
- Federal Bar Council
- New York State Bar Association
- New York City Bar Association
Speeches & Presentations
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"The Whole Truth: Effective Witness Interviews," Crowell & Moring's Investigations Workshop 2019, Washington, DC
(May 8, 2019).
Moderator: Glen G. McGorty; Speakers: Daniel L. Zelenko, Trina Fairley Barlow, and Arlen Pyenson.
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"Public Corruption Group Project," National Attorneys General Training & Research Institute’s International Fellows Program 2016
(June 10, 2016).
Panelist and Facilitator: Glen G. McGorty.
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"Speech and Debate Immunity, Executive Privilege & Judicial Privilege: A Primer," National Attorneys General Training & Research Institute Training Course, "Corruption: Prevention and Deterrence"
(December 8, 2015).
Presenter: Glen G. McGorty.
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"This Year in Trade - Fall Update," Crowell & Moring Webinar
(October 8, 2015).
Presenters: Adelicia R. Cliffe, Paul Davies, Charles De Jager, Maria Alejandra (Jana) del-Cerro, Lindsay Denault, Frances P. Hadfield, Aaron Marx, Glen G. McGorty, James (J.J.) Saulino, and Alexander H. Schaefer.
Publications
Client Alerts & Newsletters
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"This Month in International Trade - April 2016,"
International Trade Bulletin
(May 5, 2016).
Contacts: John B. Brew, Frances P. Hadfield, Edward Goetz, Daniel Cannistra, Anne Elise Herold Li, David (Dj) Wolff, Carlton Greene, Stephen M. Byers, Kelly T. Currie, Thomas A. Hanusik, Alan W. H. Gourley, Glen G. McGorty, Ian A. Laird
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"Courts Can Bark But Can't Bite: D.C. Circuit Holds DPAs are in the Sole Province of Prosecutors,"
White Collar Alert
(April 8, 2016).
Contacts: Thomas A. Hanusik, Glen G. McGorty, Kelly T. Currie, Stephen M. Byers
-
"This Month in International Trade - September 2015,"
International Trade Bulletin
(October 8, 2015).
Contacts: John B. Brew, Frances P. Hadfield, Edward Goetz, Daniel Cannistra, Thomas A. Hanusik, Ian A. Laird, Glen G. McGorty, David (Dj) Wolff, Eduardo Mathison
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"Avoiding Compliance Red Cards After the FIFA Scandal: Anti-Corruption Considerations for Sponsors and Sports Marketing Companies,"
Advertising & State AG Alert
(June 8, 2015).
Contacts: David Ervin, Christopher A. Cole, Glen G. McGorty, Stephen M. Byers, Jeff Severson
Media Mentions
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Crowell & Moring Joining Up With Kibbe & Orbe
March 18, 2021 — Law360
-
City's Biggest Construction Union Hits Speed Bump On Road To Independence
June 12, 2020 — The Real Deal
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Why Real Estate Is Still Tangled Up With The Mob
April 6, 2020 — The Real Deal
-
Welcome Committee: Law Firms Are Scrapping Old Methods Of Lateral Integration In Favor Of Staffed-Up Programs Designed To Deliver
February 1, 2020 — American Lawyer
-
Blockchain Regulation Pioneer Joins Crowell & Moring
December 9, 2019 — ICLG
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Carpenters Union Mulls Ways To Root Out Mob
December 3, 2019 — The Real Deal
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Distinguished Leader: Glen McGorty
October 17, 2019 — New York Law Journal
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Crowell Snags Blockchain Leader From Blank Rome
October 4, 2019 — The American Lawyer
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Crowell Hires Tax Partner, Ex-DOJ Litigator From Covington
September 18, 2019 — Bloomberg Law
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Crowell & Moring Turns 40 and Eyes Growth Far Beyond Washington
June 3, 2019 — Bloomberg Law
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Former Head Of FordHarrison's New York Office Joins Crowell & Moring
May 30, 2019 — New York Law Journal
-
The SEC Just Yanked Elon Musk's Twitter Privileges
September 30, 2018 — New York Post
-
Barclays Settles RMBS Suit
April 3, 2018 — DS News
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Barclays To Pay $2.8 Billion Over Role In GFC
March 30, 2018 — New Zealand Herald
-
Barclays To Pay $2bn To Settle US Mortgage Mis-Selling Probe
March 29, 2018 — Financial Times
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Barclays Pays $2 Billon To Settle Mortgage Securities Suit
March 29, 2018 — Bloomberg
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Barclays To Pay $2 Billion Over Toxic Pre-Crisis Mortgages
March 29, 2018 — CNN Money
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Barclays Pays $2B To Settle Suit Alleging Mortgage Securities Fraud In U.S. In 2005-07
March 29, 2018 — USA Today
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Barclays To Pay $2 Billion To Resolve Mortgage-Securities Claims
March 29, 2018 — The Wall Street Journal
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Barclays To Pay $2 Billion To US To Settle Mortgage Suit
March 29, 2018 — The Washington Post
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Barclays Agrees To Pay $2 Billion For Selling Toxic Mortgages Before Financial Crisis
March 29, 2018 — The Washington Post
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Barclays Agrees To Cough Up $2B Over Noxious RMBS
March 29, 2018 — Law360
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Fed Crackdown On Cryptocurrency 'Exchanges' Slams Bitcoin
March 7, 2018 — New York Post
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Crossing The Hudson
November 15, 2017 — Commercial Dispute Resolution
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Crowell & Moring Add NJ's Former 1st Asst. AG To NY Office
October 18, 2017 — Law360
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Crowell & Moring Adds Arteaga to Antitrust Ranks in New York
July 24, 2017 — The AM Law Daily
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Exclusive: DOJ Probing People who Worked in DB's Mortgage Unit
February 8, 2017 — Reuters
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U.S. Sues Barclays For Fraud Over Crisis-Era-Mortgage-Backed Loans
December 23, 2016 — Financial Times
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U.S. Sues Barclays For Alleged Mortgage Securities Fraud
December 23, 2016 — USA TODAY
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Deutsche Bank and Credit Suisse Agree Multi-Billion-Dollar Settlements With US
December 23, 2016 — The Guardian
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Deutsche and Credit Suisse Pay $12.5bn To Settle US Toxic Mortgage Claims As Barlcays Heads To Court
December 23, 2016 — The Telegraph
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US Sues Barclays Over Pre-Crisis Mortgage Securities
December 22, 2016 — Law360
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Appeals Could Drag Bridgegate Case On For Another Year
November 4, 2016 — Bergen County Record / NorthJersey.com
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GWB Defendants Face Tough Appeal Over Jury Instruction
November 4, 2016 — Law360
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Feds May Have Hard Case To Prove In Bridgegate Trial
September 5, 2016 — The Asbury Park Press
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FCPA Powerhouse: Crowell & Moring
May 29, 2013 — Law360
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