Richard Tarlowe, a former federal prosecutor and a partner in the litigation department, focuses his practice on white-collar and regulatory defence, government investigations and high-stakes litigation. Richard regularly counsels corporations, boards and senior executives in internal investigations and in all stages of criminal and regulatory investigations and proceedings.
Prior to joining Paul, Weiss, Richard served as an assistant US attorney in the Southern District of New York, where he was chief of the complex frauds and cybercrime unit and a member of its securities and commodities fraud task force. Richard led and oversaw the investigation and prosecution of a wide array of white-collar matters, including accounting fraud, insider trading, market manipulation and other sophisticated financial frauds, cybercrimes, public corruption, Foreign Corrupt Practices Act (FCPA) violations, criminal tax offences and healthcare fraud.
Since leaving government service in 2015, Richard has represented a wide variety of clients, including corporations, boards of directors, senior executives and other prominent individuals, in some of the nation’s highest-profile and most sensitive criminal and regulatory matters. Some of Richard’s notable recent representations include: Leon Cooperman and Omega Advisors in an insider trading lawsuit brought by the SEC – the case was settled on a no-admit no-deny basis with no industry bar; a former senior government official and cabinet member in connection with a DOJ Inspector General review and Congressional investigations relating to the 2016 presidential election; one of the world’s largest technology companies and several executives in connection with an SEC investigation relating to accounting and financial reporting issues – the investigation was terminated without any enforcement action; a founder and CEO of multibillion-dollar hedge fund in a criminal securities fraud trial relating to allegations of mismarking of residential mortgage-backed securities; a former chairman and CEO of a public company in connection with parallel criminal and SEC investigations concerning accounting and financial reporting issues; the National Football League in connection with the administration of its landmark concussion litigation class action settlement; a not-for-profit institution in connection with whistleblower allegations; and a global financial institution in investigations of its compliance with Bank Secrecy Act/anti-money laundering requirements.
During his eight-year tenure as a federal prosecutor, Richard conducted numerous trials, including some of the most significant and high-profile securities fraud cases in the country, and handled numerous appeals before the US Court of Appeals for the Second Circuit. He also received the Department of Justice Director’s Award for Superior Performance. His matters included: US v Rajat Gupta, acting as co-lead counsel in the investigation and trial of the former Goldman, Sachs director and chair of McKinsey & Co for insider trading; US v Zvi Goffer, et al, acting as co-lead counsel in the investigation and trial of proprietary traders who bribed attorneys at international law firm for non-public information about mergers and acquisitions; and US v Todd Newman, et al, acting as co-lead counsel in the investigation and trial of several hedge fund portfolio managers and analysts for insider trading.
Prior to his service as a federal prosecutor, Richard focused on white-collar and regulatory defence and internal investigations at a New York City law firm. Richard was named a rising star by the New York Law Journal in 2014. He serves as co-chair of the UJA white-collar and securities enforcement group.