United States: Four Senior Litigators Join Pillsbury Winthrop’s Los Angeles Office
Last Updated: August 18 2004

Four Senior Litigators Join Pillsbury Winthrop’s Los Angeles Office: Group includes Clifford Hyatt, former SEC Enforcement Official and Aaron Dyer, former Assistant United States Attorney

LOS ANGELES, Calif. -- Pillsbury Winthrop LLP announced that Clifford C. Hyatt, a former Deputy Assistant Regional Director for the Securities and Exchange Commission, and Aaron S. Dyer, a former Assistant U.S. Attorney (AUSA) in Los Angeles, have joined the firm's Los Angeles office as partners. Hyatt comes from Chadbourne & Parke; and Dyer from O’Melveny & Myers.

Also joining are two other litigation attorneys, Michael L. Armstrong from Morgan Lewis as of counsel and David L. Stanton, an associate, from Chadbourne & Parke.

Cliff Hyatt is a former SEC attorney who spent more than a decade in the enforcement division. As an enforcement officer Hyatt managed a team of attorneys who investigated and litigated cases involving accounting and financial fraud, insider trading, Internet fraud, stock manipulation, and broker-dealer, investment company and investment advisor compliance issues. More recently, Hyatt has developed an extensive record representing major broker-dealers and financial institutions before the SEC, NASD and state securities agencies in various conflict-related investigations, including investigations involving mutual fund share classes, market timing, revenue sharing and variable annuities. Hyatt’s unique experience in the area of securities litigation and a strong SEC background has attracted a broad range of high-profile financial clients.

Aaron Dyer spent almost seven years as a federal prosecutor in the United States Attorney’s Office in Los Angeles. He has tried a number of complex fraud cases, including securities, bank, tax and investment fraud. Dyer’s practice areas include white collar criminal defense, health care, corporate governance and compliance programs, intellectual property and civil litigation. Dyer brings extensive trial experience in U.S. District Court and appellate experience in the Ninth Circuit Court of Appeals. He has tried numerous complex fraud cases, including the money laundering prosecution of the leader of the Southern California faction of the Montana Freemen Militia.

"The arrival of Cliff Hyatt and Aaron Dyer supports our national strategy to enhance our core strengths in securities litigation and regulatory matters," says Firm Chair Mary Cranston. Many of the firm’s attorneys in the Corporate Investigations and White Collar Defense practice bring experience as former federal prosecutors and regulators.

Michael Finnegan, who serves as a member of Pillsbury Winthrop’s Managing Board and previously chaired the firm’s Los Angeles Business Litigation practice, says, "These are great skill sets—the prosecutorial and the securities regulation experience are critical in today’s corporate litigation. These additions strengthen and compliment our litigation practice and expand our relationship with clients such as Wells Fargo and Morgan Stanley."

"The dramatic increase in white-collar criminal prosecutions , and the enactment of federal legislation imposing higher standards and tougher penalties on corporations demand that we add to the attorneys currently serving our clients," says Jeff Ross, Co-Leader of the firm’s Corporate Investigations and White Collar Defense practice team. "As a former AUSA Aaron’s experience in corporate compliance, and SEC investigations will complement the firm’s strong corporate investigations and criminal defense practice in California and New York."

According to Cliff Hyatt, "I am excited about joining a firm with the history and prestige of Pillsbury Winthrop and I look forward to working with my new colleagues to enhance Pillsbury Winthrop’s reputation as a "go to" firm for securities litigation and regulatory matters." The arrival of the four attorneys brings the number of attorneys in the Los Angeles and Century City offices to 97. For Dyer, the attraction to Pillsbury Winthrop’s platform is "Its national depth and the excellent attorneys in place. The fit is perfect for my white collar, corporate/SEC investigations and IP litigation background," says Dyer.

The other two senior litigators bring exceptional skills and solid experience as well. Michael Armstrong’s emphasis is in complex commercial litigation and bankruptcy litigation. As a senior counsel, he worked with a major oil company in franchise-related matters and litigated commercial matters with an emphasis on bankruptcy. Armstrong’s primary defense work is for oil companies facing lawsuits under the Petroleum Marketing Practices Act. In addition, he has broad experience in workouts and restructurings.

David Stanton is a fifth-year associate. His work is in securities litigation representing organizations and individuals. Stanton’s experience includes advising on regulatory issues, compensation, customer disclosure requirements, advertising regulations and document retention rules. Stanton also has worked on numerous mediations and successfully negotiated dozens of settlements.

Hyatt received his B.A. from Fordham College and his J.D. from George Washington University National Law Center. Dyer received his B.S. from the University of Southern California and J.D. from the University of California, Los Angeles. Armstrong received his B.A. cum laude from Brigham Young University, his M.B.A. with honors from Brigham Young University and his J.D. cum laude from Brigham Young University. He is also fluent in Cantonese Chinese. Stanton received his B.A. from St. John’s College and his J.D. from the University of California, Berkeley, School of Law.

Attorneys in the firm’s Los Angeles office provide experience in commercial litigation, intellectual property, real estate, and corporate transactions for clients in the industries of banking and finance, high technology, entertainment, automotive, aerospace, and manufacturing and service.

Pillsbury Winthrop is an international law firm with core practice areas in capital markets, real estate, financial services, litigation, intellectual property, global energy and technology. The firm has 16 offices worldwide. For more information, please visit http://www.pillsburywinthrop.com

Crystal Rockwood,1-(800)729-9830

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