Jones Day issued the following announcement on Jan. 28.
The global law firm Jones Day has announced that Securities and Exchange Commission senior official Shamoil T. Shipchandler will join the Firm's Dallas Office as a partner in its Investigations & White Collar Defense Practice at the end of February.
Mr. Shipchandler arrives from the SEC’s Fort Worth Regional Office where he has served as Director since September 2015. Prior to that he served as an Assistant United States Attorney for nearly 10 years in the Eastern District of Texas, where he was a Deputy Criminal Chief and the Attorney-in-Charge of the Plano Office and prosecuted complex white collar criminal matters including cases involving securities fraud, mail and wire fraud, tax evasion, bank fraud, money laundering, public corruption, and cybercrime.
"Shamoil’s valuable experience furthers our world-class depth in white collar, securities, and data privacy and cybersecurity law practice in Texas and beyond," said Hilda Galvan, Partner-in-Charge of Jones Day's Dallas Office. "Following the arrival of David Woodcock, who joined us in Dallas in 2015 after leading the SEC’s Fort Worth Regional Office, we now have the two most recent Regional Directors to provide our clients with a powerful one-two punch on complex regulatory matters, corporate compliance, and government-run and internal investigations. I enthusiastically welcome Shamoil to our Firm."
As head of the SEC's Fort Worth Regional Office, Mr. Shipchandler was responsible for all aspects of the SEC’s enforcement and examination activities in Texas, Oklahoma, Arkansas, and Kansas. The region includes approximately 460 NYSE- and Nasdaq-listed companies, over 1000 total public reporting companies, and 65 Fortune 500 companies including three of the ten largest. Mr. Shipchandler directed a staff of approximately 140 lawyers, accountants, examiners, and support staff.
Mr. Shipchandler supervised every area of the region’s enforcement program including public company disclosure and reporting; accounting fraud; offering and affinity fraud; Ponzi-type schemes; the Foreign Corrupt Practices Act; insider trading; cybersecurity; municipal securities; and investigations of financial institutions, investment advisors, funds, and broker-dealers. He also oversaw and helped develop the region’s examination program, which included new registrant exams; enterprise risk exams; retail investors; conflict of interest; senior investors and retirement-focused investments; and cybersecurity.
Added Ted Chung, Practice Leader of Jones Day's Investigations & White Collar Defense Practice, "Shamoil has a truly rare combination of very high-level SEC and federal prosecutorial experience to go along with substantial experience representing companies and individuals in the context of government enforcement actions. He has led major white-collar matters from many different perspectives, and his depth and breadth of experience and subject matter knowledge will be of great benefit to our clients. He is an extraordinarily innovative and creative thinker who will strengthen the accomplished white collar team we have in place in Dallas, Houston, and throughout the world.”
Prior to joining the SEC, and after his service as an Assistant U.S. Attorney, Mr. Shipchandler worked in private practice in the Dallas/Fort Worth area, representing clients in matters relating to white collar criminal defense, internal investigations, corporate compliance, and cybersecurity. A graduate of Middlebury College and Cornell Law School, Mr. Shipchandler clerked for the Honorable Roger B. Andewelt, U.S. Court of Federal Claims.
Mr. Shipchandler is admitted to practice in the State of Texas and the District of Columbia, as well as numerous federal district and appeals courts around the country. A frequent speaker and author on topics relating to white collar issues and cybersecurity matters, he is an adjunct professor at Southern Methodist University's Dedman School of Law, where he teaches the school’s flagship courses on data privacy and cybersecurity and on white collar crime.