Monica Loseman enjoys helping her clients tell their story in securities enforcement trials. And if the stakes are high and the odds are low, it’s all the more satisfying.
Loseman was on a trial team that helped Lynn Tilton, founder and CEO of private equity firm Patriarch Partners, beat back federal government charges that Tilton and her company defrauded investors of $200 million. An administrative law judge for the Securities and Exchange Commission ruled Sept. 27 that the SEC’s claims against Tilton were unproven and dismissed the proceeding.
Loseman watches the relief wash over clients like Tilton when, after years of facing fraud allegations, they finally get a chance to explain their perspective of what happened — “when they finally get to say ‘Here’s what I did, and here’s why it made sense, and of course I never wanted to mislead any of my clients,’” as Loseman explains. “To give a client that opportunity to finally get their story out after a years-long investigation is a really important part of the process, win or lose.”
Loseman is a partner at Gibson Dunn & Crutcher in Denver, where her practice deals in SEC enforcement, securities litigation and general commercial litigation. As she worked at KPMG Consulting in Washington, D.C. prior to entering law, she draws from insider accounting knowledge that she said pays off in her practice.