Michael V. Rella’s primary practice areas include complex commercial disputes and securities-related litigation. He also handles investigations and enforcement proceedings by the SEC, FINRA, the DOJ, and other enforcement agencies. He has deep experience in complicated regulatory matters and trading-related issues.
Mr. Rella’s commercial experience includes representing advisors in disputes arising from their transitions to independent RIA firms. He recently represented a team transitioning from a “wirehouse” that was sued for a TRO in federal court. The “wirehouse” alleged that the advisors violated confidentiality and non-solicitation provisions in their employment contracts. After a full-day TRO hearing, following expedited briefing and comprehensive document and deposition discovery, we successfully defeated the TRO, allowing the advisors to continue servicing their clients in their new business.
Mr. Rella has also successfully negotiated TROs and settlements in similar matters stemming from advisor departures. In a recent matter, he successfully negotiated on behalf of three advisors to limit the scope of a TRO that was obtained ex parte. The obligations imposed on the advisors in the modified TRO were substantively identical to their obligations under their employment contracts, which allowed the advisors to continue their business growth.
In addition to representing advisors and broker-dealers, Mr. Rella has represented Fortune 500 companies, hedge funds, financial institutions, market makers, securities exchanges, and corporations and their executives. He has a keen understanding of his clients’ businesses and the issues they face.
Mr. Rella’s experience includes numerous trials – including bench trials and jury trials in both federal and state courts – in which he obtained favorable outcomes for his clients. He has also argued motions and appeals or submitted briefs in the United States Supreme Court, four federal Circuit Courts, and federal district courts and state courts throughout the country. In addition to his caseload, Mr. Rella devotes his time to writing and speaking engagements on current matters of interest. He has been recognized as a New York Rising Star by Super Lawyers for his achievements.
Securities Litigation and Enforcement