Extensive knowledge of federal and state securities laws is an important part of the business law services Verrill offers our clients. Securities laws regulate the manner and terms upon which companies seek capital from investors, ranging from a startup company's offering to angel investors to a public company's offering through an SEC shelf registration. Securities laws also impose extensive, complex regulations on a diverse set of financial industry players.

Our securities lawyers have extensive experience representing venture capital firms, private equity firms, angel investors, and issuers in negotiating and documenting investments in privately held companies. Our attorneys also advise private companies and their owners on capitalization issues, governance matters, and steps to be taken in contemplation of a liquidity event, whether as an acquisition target, private equity investment or rollup, employee stock ownership plan (ESOP) transaction, or an initial public offering (IPO).

Members of the Business Law Group also represent issuers and selling stockholders in registered public offerings of equity or debt securities, such as through IPOs, employee stock option plans, or follow-on offerings. We have extensive experience advising publicly held companies on SEC reporting obligations, including design and preparation of proxy statements and of periodic reports on Forms 10-K and 10-Q; disclosure of current developments on Form 8-K; the effect of Regulation FD on other public statements by issuers; regulation of tender offers; stock exchange requirements on board and committee composition; insider trading prohibitions and short-swing trading regulation; SEC comment letter responses and internal investigations; and planning for stock repurchases and other transactions by issuers and their affiliates.

Verrill's securities lawyers provide regulatory and compliance counseling to a broad array of broker-dealers, investment advisors, registered investment companies, and private funds. We also advise individuals who serve as registered representatives, investment advisor representatives, and control persons of financial services firms.

Regulatory and compliance matters handled by our team include:

  • Organization and registration of startup entities to engage in investment advisory or broker-dealer activities in the U.S., including organization of such entities on behalf of non-U.S. parent companies in the financial industry.
  • Advice and legal opinions on various securities law issues arising for specialty players within the securities industry, including third-party marketers.
  • Design, preparation, and updating of written supervisory procedures and policy manuals for investment advisors, broker-dealers, municipal securities dealers, and hedge funds and other private investment funds.
  • Coordination of responses to regulatory examinations and civil or criminal investigations by the SEC, FINRA, NYSE, CFTC, State Securities Administrators, banking regulators, and other relevant regulatory agencies.
  • Defense of firms and individuals in criminal proceedings or civil trials involving allegations of serious misconduct under applicable regulations and criminal statutes.

The leaders of our securities team are well-respected authorities on corporate governance and transactional law. This team complements the firm's securities law practice and enables Verrill to advise clients on the most complex acquisition, financing, and restructuring transactions.

Firm Highlights

Blog

Massachusetts COVID-19 Emergency Paid Sick Leave Forms

As many readers know, on May 28, 2021, An Act Providing for Massachusetts COVID-19 Emergency Paid Sick Leave was passed. The Act creates a fund for the Commonwealth to reimburse eligible employers who provide...

News

Maine's Evolving Economy and the Future of Remote Work

On June 8, Maine Public published "The Future of Remote Work: The Outlook for Maine Employers and Workers As Offices Re-Open," covering its Maine’s Evolving Economy series that focuses on the shifts in Maine’s...

Publication/Podcast

Portland Maine Business Podcast with Tawny Alvarez

On this week's Portland Maine Business Podcast , a podcast with Shelby Turcotte of Shelby Trained, he interviews employment and labor attorney Tawny Alvarez who shares stories that contributed to shaping her as a...

Blog

OSHA Issues Emergency Temporary Standard for Healthcare Settings

Earlier today (June 10, 2021), OSHA issued COVID-19 Emergency Temporary Standard (ETS) Subpart U applicable to healthcare settings. While OSHA has indicated that future guidance may be provided for other industries, today’s guidance is...

Publication/Podcast

Can Nonprofits Require COVID-19 Vaccines?

On June 10, employment and labor attorney Tawny Alvarez spoke with Maine Association of Nonprofits for its blog post "Help Desk FAQ: Can Nonprofits Require COVID-19 Vaccines?" As MANP continues to receive questions from...

Matter

Trademark Litigation: Software

Represented trademark owner in litigation with foreign software company. Successfully defeated motion to dismiss on jurisdictional grounds, which was affirmed on appeal. Also successfully defeated summary judgment motion, which resulted in case settling before...

News

32 Verrill Attorneys, Across Three Offices, Recognized in 2021 Chambers & Partners Guide

(May 27, 2021) – Verrill has been rated as a Leading Firm in a total of 11 categories and subcategories as evaluated by London-based Chambers & Partners, one of the world's most respected legal...

Event

Relay for Justice Virtual 5K to Benefit Campaign for Justice

The Maine State Bar Association New Lawyers Section (NLS) is hosting the Relay for Justice, a Virtual 5K Run/Walk to benefit the Campaign for Justice. The race will take place June 25-27th and will...

Matter

Copyright Litigation: Software

Defended equipment manufacturer in copyright dispute involving firmware for digital subscriber line access multiplexers (“DSLAMs”). Case resolved favorably.

Event

IFOB “How-To”: Diversity and Inclusion Program

Join the Institute for Family-Owned Business for a program, "'How-To': Diversity and Inclusion Program," on June 24 at 8:30AM. Employment and labor attorney Tawny Alvarez will be presenting “Covering and Why it is Effecting...

Contact Verrill at (855) 307 0700