Richard Levan has substantial experience in the Securities and White Collar Enforcement fields, having previously served as Chief Litigation Counsel at the U.S. Securities and Exchange Commission’s Philadelphia Office and as an Assistant U.S. Attorney in the u.s. Department of Justice in Washington, D.C. Richard is currently co-chair of the Securities Regulation Committee of the Philadelphia Bar Association. He is former Chair of the American Bar Association’s Financial Services Integration Committee, a national group addressing the unique compliance and regulatory issues confronting banks, securities firms and insurance companies today. He has also served as a member of the Editorial Advisory Board of Securities Law360 and the Pennsylvania Securities Commission’s Attorney Advisory Board.
Richard has over forty years of experience defending civil and criminal cases initiated by the U.S. Department of Justice, the U.S. Securities and Exchange Commission, the PCAOB, state securities and insurance agencies and self-regulatory organizations such as FINRA. A seasoned trial attorney, Richard has tried over 60 cases to verdict. His extensive experience, judgment and tenacity make him a formidable advocate.
Richard writes frequently on matters affecting the securities industry and has been quoted in many publications, including The Wall Street Journal, The American Banker, Business Week, Bloomberg News, Smart Money, IA Week, The National Law Journal and Dow Jones News Service. He has also appeared on CNN and NBC Nightly News.
He has served as a featured speaker at national compliance and regulatory conferences sponsored by such organizations as the National Society of Compliance Professionals, National Regulatory Services, American Bar Association, Society of Financial Service Professionals, NASD/Wharton Institute, Pennsylvania Bar Institute and Investment Adviser Week. Richard has been listed in Pennsylvania Super Lawyers in the field of securities litigation since 2010. He holds an AV rating, the highest rating awarded by Martindale-Hubbell.
State of New York
Commonwealth of Pennsylvania
District of Columbia (inactive)
FEDERAL COURT ADMISSIONS
U.S. Supreme Court
U.S. Court of Appeal for the Second Circuit
U.S. Court of Appeal for the Third Circuit
U.S. Court of Appeal for the District of Columbia Circuit
U.S. District Court for the Eastern District of Pennsylvania
U.S. District Court for the Western District of Pennsylvania
U.S. District Court for the Southern District of New York
U.S. District Court for the Eastern District of New York
U.S. District Court for the District of Maryland
U.S. District Court for the District of Columbia
ABA Federal Regulation of Securities Committee, former chair
Philadelphia Bar Association Securities Regulation Committee, co-chair
National Society of Compliance Professionals
HONORS & APPOINTMENTS
Super Lawyers of Pennsylvania 2010-2023
AV Martindale-Hubbell Rating
Boutique Securities Litigation and Regulation Law Firm of the Year (PA), Corporate INTL Global Award 2017-2023
Former Chair, American Bar Association’s Financial Services Integration Committee
Former Chair, Philadelphia Bar Association’s Securities Regulation Committee
Former Member, Attorney AdvisorY Board, Pennsylvania Securities Commission
Former Member, Securities Law360 Editorial Advisory Board (Securities)
Assistant U.S. Attorney, U.S. Department of Justice, Washington, DC
Chief Litigation Counsel, Securities and Exchange Commission, Philadelphia
Partner, Drinker, Biddle & Reath LLP, Philadelphia (now Faegre Drinker LLP)
Partner, Wiggin and Dana LLP, Philadelphia and Stamford