Kaitlin D. Shapiro, Partner Investment Funds Litigation

Kate D. Shapiro

Partner

Areas of Focus

Kaitlin D. Shapiro, Partner Investment Funds Litigation

Kate D. Shapiro

Partner

kshapiro@akingump.com

Areas of Focus

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Biography
  • Represents investment funds, financial institutions, corporations, and individuals on matters of regulatory compliance, fiduciary duty, and corporate governance issues.
  • Represents clients in regulatory investigations and enforcement actions brought by the Department of Justice (DOJ), Securities and Exchange Commission (SEC), and other regulators.
  • Defends clients in actions arising under federal securities and commodities laws, and state corporate law.

Kate is a partner in Akin’s investment funds litigation practice. She is a go-to litigator and counselor, regularly advising investment funds and their portfolio companies on matters of regulatory compliance, fiduciary duty, and corporate governance issues. She has significant experience successfully guiding clients through contentious litigation, including shareholder derivative claims, federal securities actions and mergers & acquisitions litigation.

Kate also represents investment fund clients in a variety of regulatory and criminal investigations involving state and federal government authorities. She has experience conducting internal investigations, engaging with regulators, and counseling clients in a variety of regulatory and corporate governance matters, including those involving U.S. securities laws, trading issues, compliance procedures and fiduciary obligations.

Prior to joining Akin, Kate served as a law clerk to the Honorable Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York. She received her J.D. in 2013 from New York University School of Law, where she was elected to the Order of the Barristers, served as the chair of the Orison S. Marden moot court competition, and received the Norman Ostrow Memorial Moot Court Award. She received her B.A. from the University of California, Los Angeles, where she graduated summa cum laude and was elected Phi Beta Kappa.

Representative Work
  • Representing investment fund client and its principal in derivative action in Delaware stemming from alleged breaches of fiduciary duty and insider trading.
  • Representing investment fund client and its principal in federal securities actions involving alleged “short-swing” profits in violation of Section 16(b) of Securities Exchange Act of 1934.
  • Represented investment fund client and its principals in derivative action in Delaware stemming from alleged breaches of fiduciary duty as conflicted controlling stockholder in connection with merger transaction.
  • Represented a co-founder of a leading bitcoin derivatives exchange in a criminal case brought by the Southern District of New York (SDNY) alleging willful violations of the Bank Secrecy Act, as well as parallel CFTC civil enforcement arising from failure to register with the Commission.
  • Represented a leading broker-dealer regarding best execution obligations for fixed income transactions.
  • Counseled individuals, financial institutions, and investment fund clients in multiple government investigations, including by the DOJ, SEC, and New York Attorney General (NYAG), regarding various trading practices and corporate governance issues.
  • Conducted multiple internal investigations related to insider trading and other regulatory and compliance issues.
  • Represented investment fund clients in several cases in SDNY federal securities actions involving alleged “short-swing” profits in violation of Section 16(b).
  • Counseled investment fund clients and companies in matters involving Section 13(d) and Section 16 of the Exchange Act.

Education
  • J.D., New York University School of Law, 2013

  • B.A., University of California, Los Angeles, summa cum laude, 2010

Clerkships
  • U.S.B.C., Southern District of New York

Bar Admissions
  • New York

Insights and Achievements

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