Timothy K. Halloran

Partner

Washington, D.C. P: 202.719.8256 F: 202.347.1684

Tim Halloran helps clients with government investigations, internal investigations, and complex civil litigation. He has particular experience with cases, investigations, and compliance issues involving securities laws.

Before joining the firm, Tim spent 11 years in the U.S. Securities and Exchange Commission’s (SEC) Division of Enforcement. At the SEC, Tim served as senior trial counsel, litigating enforcement cases in federal courts around the country and conducting numerous investigations regarding potential securities law violations. He worked on cases and investigations involving, among other things, securities fraud, investment advisers, broker-dealers, insider trading, unregistered offerings, crypto assets, accounting and disclosure issues, illegal touting, misconduct by accountants, and the Foreign Corrupt Practices Act (FCPA). He also regularly coordinated on parallel proceedings with criminal prosecutors at the U.S. Department of Justice (DOJ) and civil regulators at the Financial Industry Regulatory Authority (FINRA). During his time with the SEC, Tim received multiple awards for exemplary performance.

Prior to working at the SEC, Tim was a partner in the white-collar group of an international law firm, where he focused on government and internal investigations, False Claims Act (FCA) matters, and complex civil litigation.

Area(s) of Focus

University of Virginia School of Law, J.D., 2002, Editorial Board Member, Journal of Law & Politics
University of Virginia, B.A., English, 1998

District of Columbia
Virginia

United States District Court, District of Columbia
United States District Court, Eastern District of Virginia
United States Court of Appeals, District of Columbia Circuit
United States Court of Appeals, 5th Circuit

U.S. Securities and Exchange Commission Law and Policy Award, 2024 Ellen B. Ross Award, 2024 Division of Enforcement Director’s Awards, 2018, 2023 Special Act Awards, 2015-2017, 2019-2024 Washington Lawyers’ Committee for Civil Rights and Urban Affairs Outstanding Achievement Awards, 2010, 2012 One of the largest SEC enforcement matters (in dollar terms) in which registered investment adviser paid more than $1 billion in disgorgement, interest, and penalties for misleading investors about risks and performance of private funds (see Allianz Global Investors U.S. LLC, Exchange Act Release No. 94927 (May 17, 2022); SEC v. Tournant, No. 22-cv-4016 (S.D.N.Y.)). Several first-of-their-kind enforcement actions, including SEC v. RPM International Inc., No. 16-cv-1803 (D.D.C.) (first SEC enforcement action based on failure to disclose and accrue loss contingency for False Claims Act investigation); SEC v. BTIG, LLC, No. 21-cv-4521 (S.D.N.Y.) (first SEC enforcement action in district court charging violations of Regulation SHO); and RiverSource Distributors, Inc., Exchange Act Release No. 94978 (May 25, 2022) (first SEC enforcement action charging violations of Section 11 of the Investment Company Act). Insider trading case against former U.S. congressman for misappropriating confidential information from consulting clients and using it to trade ahead of merger announcements (see SEC v. Buyer, No. 22-cv-6279 (S.D.N.Y.)). Proceeding against steel pipe manufacturer for FCPA violations arising from alleged bribery in Brazil (see Tenaris S.A., Exchange Act Release No. 95030 (June 2, 2022)). Action against registered investment adviser for marketing complex investment strategy with inadequate training for employees and insufficient disclosures to investors (see UBS Fin. Servs. Inc., Exchange Act Release No. 95168 (June 29, 2022)). Insider trading case against six defendants in Silicon Valley who shared and traded on nonpublic information about corporate announcements. Obtained penalties and coordinated with prosecutors on parallel criminal proceedings that resulted in three guilty pleas (see SEC v. Brown, No. 21-cv-4594 (N.D. Cal.)). Case against stock promoter for alleged illegal touting and securities fraud. Obtained asset freeze and then $4.1 million in disgorgement, interest, and penalties (see SEC v. Friedland, No. 18-cv-529 (D. Colo.)). Insider trading case against biotech executive who traded on confidential information about drug trial. Obtained disgorgement and coordinated with prosecutors on parallel criminal case resulting in guilty plea (see SEC v. Gadimian, No. 16-cv-11955 (D. Mass.)).