Murphy & McGonigle announced today that Eric A. Bensky, a securities litigator who has represented many of the world’s largest brokerage firms, is joining the Firm as a shareholder in the Securities & Complex Commercial Litigation Practice. Mr. Bensky comes to Murphy & McGonigle from Schulte Roth & Zabel, and he will be based in the Firm’s Washington, D.C. office.
Mr. Bensky represents clearing firms, prime brokers and other broker-dealers in federal and state courts, FINRA Dispute Resolution and other self-regulatory organization (SRO) arbitration proceedings, and Securities and Exchange Commission and SRO investigations and disciplinary proceedings. His clients have included bulge bracket as well as smaller brokerage firms and their registered representatives, supervisors, and other employees in disputes and investigations involving institutional and retail customers and counterparties.
He has also represented clients in matters arising out of the Bernard L. Madoff Investment Securities Ponzi scheme, the Arthur Nadel Ponzi scheme, the mortgage-backed securities financial crisis, the Thomas Petters Ponzi scheme and the stock options backdating scandal.
“Eric is an outstanding addition to our leading securities litigation practice,” said Thomas J. McGonigle, Office Managing Partner of the Washington, D.C. office. “His experience in representing clearing firms and other broker-dealers aligns extremely well with the work we are doing for many clients in the financial services industry.” Murphy & McGonigle was named a National Tier One firm in Securities Litigation by U.S. News & World Report and Best Lawyers in 2017.
“I am thrilled to join Murphy & McGonigle,” said Mr. Bensky. “The Firm has established itself as a go-to firm for major brokerage firms in a very short time, and I am pleased to practice with such talented lawyers in the securities industry.”
Mr. Bensky is the fourth new partner to join Murphy & McGonigle in the past two weeks as the Firm continues to grow in areas of client need. Those hires have included new partners in FinTech, Regulatory, Cybersecurity and Securities Litigation.
Murphy & McGonigle provides regulatory and compliance counseling, and civil and criminal defense representation, to clients in the financial services sector and beyond from offices in New York, Washington, D.C. and Richmond, VA. The Firm’s attorneys have substantial experience in securities law, regulatory enforcement and investigations, counseling of financial institutions, and complex litigation and have served in senior positions at the U.S. Department of Justice, SEC, FINRA, CFTC, and the New York State Department of Financial Services. Several others have served in senior executive positions in major financial institutions on Wall Street.