Jodi Lopez focuses on representing accounting firms and their professionals, public companies and their directors and officers, and private equity and investment firms in complex litigation and regulatory matters involving financial reporting, accounting, internal controls, disclosure and tax issues. She works with clients facing high-stakes disputes and investigations where accounting judgment, regulatory scrutiny and business risk intersect. Jodi co-leads the McGuireWoods Accountant and Auditor Liability Practice Area. Chambers USA 2025 recognized her proficiency in representing accounting firms, ranking her in the inaugural nationwide category for Accountant and Auditor Liability.
Jodi has significant experience handling SEC and PCAOB investigations and enforcement actions, shareholder litigation and post-closing disputes arising out of private equity transactions. She also advises companies, audit committees and boards of directors in connection with internal investigations involving allegations of employee or corporate wrongdoing. Her litigation experience includes serving as lead trial counsel in a multi-week arbitration and as a member of a trial team in a contested SEC administrative proceeding. She also routinely represents clients in investigations and enforcement matters brought by the state boards of accountancy as well as the AICPA.
Jodi further counsels accounting firms regarding legal, regulatory and risk issues in the context of evaluating business practices and challenges as well as organizational structuring and deals. She also increasingly advises clients in global auditor and accounting liability matters, with extensive experience throughout Latin America. Beyond grasping the legal and regulatory nuances across jurisdictions, she brings cultural understanding and sensitivity to such matters.
Clients value Jodi’s ability to navigate both litigation and regulatory challenges efficiently and strategically. She is known for a pragmatic approach that emphasizes clear communication, thoughtful risk assessment and practical solutions tailored to each client’s business objectives. BTI Consulting Group recognized Jodi’s excellent client service by naming her a Client Service All-Star in Securities and Professional Liability Litigation.
Jodi’s matters span a broad range of substantive issues under both state law and the federal securities laws, including professional negligence, fraud and misrepresentations, contract disputes and fiduciary duty claims. Her matters frequently involve complex accounting and financial reporting topics such as revenue recognition, loan loss reserves and expected credit losses, internal controls and material weaknesses, goodwill impairment, securitizations, derivatives, auditor independence, insider trading, deferred tax assets and other tax-related issues. She also represents private equity firms and portfolio companies in post-closing disputes that involve purchase price adjustments, earnouts, indemnification claims, and representation and warranty matters, drawing on her accounting background to resolve disputes effectively.
Jodi also has maintained an active pro bono practice, including more than 16 years of work representing an intellectually disabled man on death row in Alabama in partnership with the Equal Justice Initiative. In addition, in 2011, she was one of the recipients of Public Counsel’s President’s Award based on her work for a Los Angeles-based organization providing housing for individuals struggling with homelessness.
- Represented numerous accounting firms and their professionals in confidential SEC and PCAOB matters that resolved with no enforcement action initiated.*
- Represented accounting firms in multiple securities class actions and professional malpractice claims.*
- Represented numerous public companies in confidential SEC investigations, often with corollary securities litigation.*
- Obtained dismissal of a non-U.S. Big Four accounting firm in negligent misrepresentation suit in the Delaware Court of Chancery.*
- Represented an investment adviser as the claimant in a 23-day arbitration involving testimony from 16 fact witnesses and nine experts that resulted in a substantial arbitration award (including lawyers’ fees and costs).*
- Represented a public company and its directors and officers, where the court granted motions to dismiss both a shareholder class action alleging securities fraud and a shareholder derivative suit.*
- Defeated class certification in a putative class action brought by shareholders against a public company and several of its directors and officers.*
- Represented a private equity firm in a case involving allegations of fraud and negligent misrepresentation in which the court granted summary judgment to the private equity firm.*
* The above matters were handled by Ms. Lopez prior to joining McGuireWoods LLP.
Events
- Speaker, "Rulemaking Update and Privilege Considerations for Accounting Firms," 2025 Accountants’ Liability Conference, New York, NY, November 6, 2025
- Speaker, "The Audit: Fact, Fiction, and What Attorneys Need to Know," Basics of Accounting for Lawyers 2025, PLI, San Francisco, CA, July 23, 2025
- Speaker, "Treatment of Common Engagement Letter Terms Under Various States’ Laws," Accountants’ Liability Conference, Chicago, IL, May 7, 2024
- Speaker, "State Boards and Follow-On Enforcement Activity," Accountants Defense Conference, Chicago, IL, May 31, 2023
- Guest Lecturer, "The Role of the Auditor: Securities Litigation and SEC Claims Against Accountants," University of Southern California Gould School of Law, November 20, 2019
- Co-presenter, "ASC 606, Revenue Recognition," New York, NY, (addressing potential litigation and regulatory issues relating to the implementation of the new revenue recognition standard), New York, NY, November 2019
- Guest Lecturer, "The Role of the Auditor and Trends in Securities Litigation," University of Southern California Gould School of Law, November 12, 2018
- Panelist, "Revenue Recognition in 2013," Webinar, January 24, 2013
- Moderator, Defending Litigation and Regulatory Actions Emerging from the Financial Crisis, September 22, 2010
Insights
- Author, "Lawyer for Executed Matthew Reeves: ‘He was my responsibility and I loved him’," AL.com, April 11, 2022
- Co-author, Client Alert, "Guidance for Financial Institutions Addressing Recent Changes Relating to Accounting for Credit Losses in the COVID-19 Pandemic," March 31, 2020
- Co-author, "The Implications of the Auditor’s New Auditor Reporting Standard," NACD So Cal 2017 Fall Newsletter, October 2017
- Author, "Does the SEC Still Care About Financial Reporting Cases?," The Corporate Counselor, Volume 28 Number 3, July 2013
- Selected for inclusion in Accountant and Auditor Liability, Nationwide, Chambers USA, 2025