Stuart Sarnoff counsels private equity funds, hedge funds, mutual funds, investment advisors and investment banks on a wide range of domestic and cross-border litigation and regulatory investigation and transactional matters, helping clients manage their risk/reward profiles. Stuart also has significant experience defending plan sponsors and their fiduciary advisors in ERISA litigation, and representing issuers, management, and board members in securities class actions and related government investigations.
Previously a senior managing director at Avenue Capital Group, a leading global distressed investment fund, Stuart draws on his years of experience as a senior advisor to the fund’s founders and architect of strategies to optimize the fund’s business goals while minimizing its legal exposure. At Avenue, Stuart was responsible for identifying and assessing strategic acquisition opportunities and for overseeing litigation, workouts and regulatory proceedings in the US, Asia, and Europe. Stuart also devised and monitored an FCPA compliance program for the fund’s cross-border investment practices, with particular attention devoted to the fund’s sizeable positions in Asia.
Prior to working at Avenue, Stuart chaired the Global Securities Litigation and Enforcement Practice at a major US law firm and managed some of its largest litigation and enforcement matters for financial institutions, investment funds, public companies and their officers and directors.