Adam H. Schuman, who prosecuted crimes related to the infamous “Wolf of Wall Street” securities fraud, and former special counsel for public integrity for New York Gov. Andrew M. Cuomo, has joined Perkins Coie as a partner in its white collar and investigations practice.
Schuman, who was also a former assistant U.S. attorney in the Eastern District of N.Y., has been involved in some major cases, including the securities fraud and money laundering trial arising out of events depicted in the film “The Wolf of Wall Street.”
The 2013 movie starring Leonardo DiCaprio portrayed out-of-control stockbrokers involved in a 1990s fraud. The Martin Scorsese film was nominated for several Oscars, but it also drew criticism that it glorified drug-addled criminals who had made their fortunes by defrauding the public.
Schuman prosecuted Harry Shuster, a California entrepreneur charged with involvement with the notorious Stratton Oakmont Inc. boiler room. He was convicted in 2001 of conspiring to commit securities fraud and conspiring to launder money and sentenced to six years. “The effort was to prevent anything like that from happening again,” Schuman recalled, in a phone interview.
In his new job in Perkins Coie’s New York office, he will be specializing in white collar investigations, but he declined, just as he did when asked about his thoughts on the movie, to comment on what corporations might be involved.
He will be, however, joining a firm that unexpectedly found itself in the spotlight last month when it emerged that Perkins Coie partner Marc E. Elias, general counsel for Hillary Clinton’s presidential campaign, had hired a research firm that compiled a controversial, but unverified, dossier containing explosive allegations about President Donald Trump’s connections to Russia and those between his campaign and Russian representatives. Elias is chair of Perkin Coie’s political law practice.
Schuman said he had worked with Perkins Coie in a previous job as senior in-house counsel for Standard & Poor’s in its defense against domestic and international government investigations and private litigation stemming from the 2008 financial crisis. While working for the state of New York, he counseled Cuomo on ethics, risk, and compliance matters.
“Adam is a highly respected and experienced litigator and trial attorney,” Markus Funk, chair of Perkins Coie’s White Collar & Investigations practice, said. “His prosecution and high-stakes defense background, coupled with his in-house and public-sector experience, is an ideal match with our culture of professional excellence. We are excited to have him on our team.”
In addition to 12 years at Standard & Poor’s and his work for Cuomo, Schuman served for one year as general counsel for New York State Homes and Community Renewal, which consists of all the state’s major housing and community renewal agencies, where he oversaw a legal team of more than 100 attorneys.
Before that, Adam, who received his juris doctorate from New York University School of Law, was a lawyer with Paul, Weiss, Rifkind, Wharton & Garrison and with Corbin Silverman & Sanseverino, both New York firms, and was a law clerk to Judge Loretta A. Preska of the U.S. District Court for the Southern District of New York.
In other law firm news this week:
- Gabriel Ramsey is joining Crowell & Moring LLP as partner in the firm’s Litigation and Privacy & Cybersecurity Practice groups in San Francisco. Ramsey, a California trial lawyer, has 17 years of experience handling complex technology litigation, with a focus on intellectual property and cybersecurity. He advises clients on investigations and litigation concerning cybercrime, as well as enforcement matters involving patents, trade secrets, fraud, and other commercial disputes.
- R. Stephen Stigall, the former attorney in charge of U.S. Attorney’s Office in Camden, N.J., is joining Ballard Spahr as a partner in the firm’s New Jersey and Philadelphia offices. During 16 years as an assistant U.S. attorney, Stigall led multiagency government investigations and prosecuted white-collar cases involving securities, banking, health care, and mortgage fraud as well as corporate embezzlement, bribery, and export violations.
- David W. Smith is joining the corporate trust group of Pryor Cashman LLP in New York. He previously worked in the corporate trust department of the Bank of New York Mellon and, in his new position, will work on bank and other client deals involving domestic and international financings, public and private debt financings, and securitizations.
- Lori A. Mills is joining Duane Morris LLP’s Cherry Hill, N.J., office as a partner in the firm’s Energy, Environment and Resources Practice Group. Formerly a partner at Drinker Biddle & Reath LLP, Mills handles complex, multiparty environmental litigation and also advises clients with respect to the environmental implications of real estate and corporate transactions. She has extensive experience in environmental compliance and enforcement actions.
- Hugh J. Marbury, an experienced intellectual property litigator, is joining Cozen O’Connor in its intellectual property department. A former partner at DLA Piper, Marbury will serve as a lead trial lawyer overseeing intellectual property and commercial litigation matters in Cozen O’Connor’s Washington office, which helps its clients acquire, manage, and protect intellectual property.
- Two health-care lawyers, Susan Feigin Harris and Donna S. Clark, are joining the Houston office of Morgan Lewis. The lawyers have represented hospitals, health systems, and other medical providers in an array of regulatory, transactional, litigation, and government investigations matters. Additional partners, of counsel attorneys, associates and others are expected to join Harris and Clark later this month.
- Xiaoyan Zhang is joining Reed Smith’s global Information Technology, Privacy and Data Security group in San Francisco as counsel. She was formerly in the Hong Kong and Shanghai offices of Mayer Brown JSM, where she led the firm’s China intellectual property and technology, media, and telecommunications practice.