Elizabeth Del Cid is a litigation attorney in the firm’s New York office. In close to a decade of practice, Ms. Del Cid has appeared before federal and state judges at the civil and criminal level, FINRA arbitrators, the SEC’s Enforcement Division, and administrative officers in California, New York, and Iowa. She has advised a myriad of clients, from major broker-dealers to government agencies to individuals from Latin America.
Ms. Del Cid has first chaired bench trials and second chaired jury trials involving multi-millions of dollars in alleged damages. She has litigated several cases where a brokerage firm was forced to deal with the aftermath of a rogue advisor’s Ponzi or cherry picking scheme. She has counseled executives from national and regional financial institutions and their registered salespersons about compliance and supervisory procedures concerning outside business activities, registered investment advisory services, and due diligence of TICs and other securities products. Ms. Del Cid also successfully advocated on behalf of an insurance agent in a five-year long, complex commercial dispute brought on behalf of the beneficiaries of a family trust, alleging conspiracy to violate RICO. She has defended insurance companies in ERISA actions as well.
Although she is an experienced trial attorney, Ms. Del Cid recognizes that not all cases should be resolved by evidentiary hearing. She is a skilled business negotiator and has reached settlements for substantially less than the cost of defense before even participating in mediation.
As a new attorney, Ms. Del Cid used to make policy and oversee its enforcement on behalf of California municipalities. She is a native Spanish speaker.
Securities Litigation and Enforcement
Trading and Markets Counseling