Jonathan B. New

Experience

• Served as lead lawyer in the complex representation of the former London-based JPMorgan Chase managing director, nicknamed ”the London Whale” by the media, in investigations conducted by the DOJ, the SEC and the CFTC, related to a multibillion-dollar trading loss for the bank. Represented the client in parallel U.S. and U.K. investigations, securing a rare non-prosecution agreement with the Justice Department and agreements with the SEC and the CFTC, including one of the first non-prosecution agreements executed by the CFTC for an individual.
• Represented sitting congressman in criminal and SEC insider trading investigations and prosecutions in the Southern District of New York.
• Represented individuals and an entity in the DOJ criminal investigation into the alleged loss of billions of dollars by the Malaysian 1MDB Fund.
• Represents four former executives of an internet services company in a civil action brought by the Federal Trade Commission in the Southern District of Florida alleging that the individuals, and more than 40 corporate entities, violated Section 5 of the FTC Act by operating websites that were allegedly deceptive and misleading to consumers.
• Represented a former executive director of a registered investment advisor in connection with an investigation by the SEC and the U.S. Attorney’s Office for the Southern District of New York of an alleged fraudulent scheme to hide losses in the investment advisor’s flagship fund.
• Represented an entity, high-profile individuals and former government officials in the investigation conducted by U.S. Special Counsel Robert Mueller.
• Serves as lead lawyer on the team representing the court-appointed receiver of the Michael Kenwood Group, LLC, an international investment advisor. Performs strategic decision making and counsels receiver on potential courses of action designed to maximize the recovery for defrauded investors. Supervises the team's global investigation and federal district court litigation seeking assets misappropriated through purported offshore hedge funds operated by the principals of the Michael Kenwood Group.
• Serves as lead lawyer in the representation of numerous foreign claimants in one of the largest civil forfeiture actions brought by the U.S. Department of Justice's Kleptocracy Asset Recovery Initiative involving alleged corruption and embezzlement by a former Nigerian president and his family and associates.
• Represented a leading public affairs agency in connection with a high-profile federal civil and criminal investigation related to trading by an activist investor.  
• Represented Chief Compliance Officer of a broker-dealer in connection with anti-money laundering investigation by FINRA.
• Represented multinational consulting firm in connection with criminal and civil asset forfeiture investigation by DOJ.
• Represented political consulting firm in connection with federal criminal investigation of a campaign finance staffer.
• Retained as an expert witness on U.S. law pertaining to criminal procedure and federal court practice in connection with U.K. litigation concerning the alleged manipulation of the London Interbank Offered Rate (LIBOR).
• Advised the U.S. subsidiary of an international industrial conglomerate on anti-money laundering and Bank Secrecy Act compliance.
• Represented an officer of a health-care management firm in connection with parallel civil False Claims Act and criminal health-care fraud investigations by the Department of Justice.
• Supervised various litigation teams of BakerHostetler attorneys and forensic professionals handling the investigation and litigation stemming from the firm's appointment as counsel to the Securities Investor Protection Act (SIPA) Trustee in the liquidation of Bernard L. Madoff Investment Securities LLC in connection with Madoff's Ponzi scheme.

Prior Experience

• As assistant U.S. attorney, acted as the lead prosecutor in one of the largest mortgage fraud prosecutions in the Southern District of New York, resulting in the closure of a corrupt mortgage brokerage and title company and the convictions of dozens of real estate professionals, bank employees and attorneys. Was appointed as a senior member of a special strike force investigating mortgage fraud and other financial schemes in response to the financial crisis due to his extensive experience prosecuting mortgage fraud cases. Also investigated and prosecuted complex criminal cases involving bank, mortgage and other commercial fraud; securities fraud; insurance and health-care fraud; offshore illegal Internet gambling; money laundering; international trafficking in counterfeit goods; racketeering; conspiracy; murder; robbery; obstruction of justice; extortion; alien smuggling; and narcotics offenses. 
• Gained significant civil litigation experience as a trial attorney in the Federal Programs Branch of the Civil Division of the U.S. Department of Justice. Defended federal statutes, policies, regulations and programs of national significance against challenges, including those based upon claimed violations of constitutional law. Successfully defended the U.S. in landmark NAFTA litigation, was lead counsel for the Overseas Private Investment Corporation in claims against the Islamic Republic of Iran, and defended numerous federal agencies in a wide range of lawsuits. Received a special commendation award for Outstanding Service in the Civil Division.

Memberships

• American Bar Association: Criminal Justice Section
• New York City Bar Association: Federal Courts Committee
• Federal Bar Council: Federal Criminal Practice Committee
• American Lawyer Media Business Crimes Bulletin: Editorial Board