E. Andrew Southerling Partner

Drawing on his experience in government service and private practice, clients look to Andrew for counsel on securities enforcement matters, securities litigation and regulatory compliance counseling. He represents corporate and individual clients in U.S. Securities and Exchange Commission (SEC), U.S. Department of Justice (DOJ), Financial Industry Regulatory Authority (FINRA), state attorneys general, and Congressional investigations and enforcement proceedings. Andrew also conducts internal investigations on behalf of corporate management and boards of directors and advises clients on developing and implementing effective compliance programs. Prior to entering private practice, Andrew served a six-year tenure at the SEC in the Division of Enforcement.

Andrew’s representations have included complex securities issues involving political intelligence and insider trading, municipal bond underwriting and sales and trading, financial reporting and disclosures, the Foreign Corrupt Practices Act (FCPA), high frequency trading, market manipulation, broker-dealer and investment adviser sales practices, and enforcement matters involving foreign regulators. He regularly advises clients in connection with developing responses to regulatory examinations and inquiries and designing strategies to ensure prospective compliance with the securities rules and regulations. Andrew also has extensive experience in conducting corporate internal investigations and often provides counsel and strategic responses in connection with whistleblower and other corporate crisis issues.

During his tenure in the SEC’s Enforcement Division, Andrew spearheaded some of the Enforcement Division’s then most complex and high-profile investigations and enforcement actions. They included a joint civil and criminal investigation involving the financial reporting and disclosures of the largest nonprofit healthcare organization in Pennsylvania; municipal securities fraud involving advance refundings and conflicts of interest, including a global settlement related to yield burning; complex options trading schemes on a regional stock exchange; and private equity and investment adviser fraud. Andrew worked closely with the DOJ, FINRA, Department of Treasury, and state regulators during his tenure at the SEC.

Before joining the SEC, Andrew was a litigation associate with a prominent Philadelphia law firm. His international background includes advanced academic coursework at the University of Hamburg and the Goethe Institute. Andrew has worked for two large multinational manufacturing companies, Hauni Werke, AG and Kunstoffe Kruger, AG, in Hamburg Germany.

Andrew is a frequent speaker at securities industry conferences and author on securities enforcement issues. He is proficient in German.