A message from James Murphy, CEO at Murphy & McGonigle.
'Having a culture of innovation in a law firm is unusual. Many lawyers are trained to be risk averse.' James Murphy keeps a laser focus on the changes affecting his financial services clients, while he also drives innovation at Murphy & McGonigle. Check out his interview here.
James Murphy, Joseph Lombard and Theodore Snyder get high-frequency trading suits nixed. A New York federal judge dismissed five cases Wednesday alleging exchanges and dark pools, including one operated by Barclays PLC, have given high-frequency trading firms market advantages, claims spotlighted by Michael Lewis' 2014 book, “Flash Boys.”
Murphy & McGonigle, a securities litigation and regulatory boutique law firm, announced today that it has taken a full floor at 1185 Avenue of the Americas in Manhattan. The law firm needed additional space to accommodate increasing demand for its services from clients in the financial services industry. The firm represents domestic and foreign commercial banks, investment banks, securities broker/dealers, investment advisers, securities exchanges and hedge funds.
New York's top court on Tuesday turned aside an appeal by CIFG Assurance North America Inc. and Syncora Guarantee Inc. to revive a claim for damages against GreenPoint Mortgage Funding Inc. over $1.8 billion in mortgage-backed securities after lower courts found the monoline insurers' claims were blocked by an earlier order.
Published in Of Counsel, March 2013, Wolters Kluwer - Murphy & McGonigle is recognized as successfully competing against mega-firms in the Securities Law arena.