Lee D. Unterman is the firm's Managing Partner and Responsible Partner of the firm's New York office. Prior to joining Montgomery McCracken, Mr. Unterman served as the Managing Partner of the law firm Kurzman, Karelsen & Frank, LLP since 2000. Mr. Unterman's practice focuses on corporate transactions, compliance and other regulatory matters, as well as negotiation and strategic planning. He has extensive corporate, securities and real estate experience including the negotiation and structuring of joint ventures, mergers, acquisitions, stock or asset purchase and sale agreements and commercial leases.
During his tenure with Kurzman Karelsen & Frank, LLP, Mr. Unterman served as Chief Operating Officer/Chief Compliance Officer/General Counsel for David J. Greene & Co., LLC, a dually registered investment advisor and broker dealer, from 2004 to 2008. He held Series 7 and 24 licenses.
Mr. Unterman has served as general outside corporate counsel to, or special litigation counsel for, a number of small and large businesses with special emphasis on investment advisors and broker/dealers (has regularly done all SEC and state filings). He has formed new mutual funds, investment advisors, and broker/dealers; and handled all necessary SEC and Blue Sky filings. He served as general outside corporate counsel to, or special litigation counsel for, several mid-sized brokerage firms, and as general outside corporate counsel to, or as special litigation counsel for, a number of specialist firms on both the NYSE and AMEX.
For several years Mr. Unterman acted as personal counsel to several directors of the NYSE in their capacities as directors and vice-chairman of the NYSE. He acted as special counsel to the Board of Directors of several publicly-held corporations, including in connection with determination of fair value in regard to a proposed merger and with respect to an internal investigation into possible insider trading.
Earlier in his career, Mr. Unterman had the honor of being nominated by a former Commissioner of the SEC and a former Secretary of the Navy to become head of the New York Regional Office of the SEC. He has handled numerous securities related litigations, arbitrations, investigations, and disciplinary proceedings, with claims ranging in magnitude from a few thousand dollars to over a billion dollars.
Mr. Unterman has experience with federal and state courts in New York, Connecticut, California, Ohio, Wisconsin, Pennsylvania, New Jersey, Nevada, Arizona, and Florida; NYSE, AMEX, NASD, and AAA arbitrations; SEC, CFTC, NASD, NYSE, and AMEX investigations and disciplinary proceedings.
Mr. Unterman was interviewed and quoted in the following articles:
Mr. Unterman authored "The First Line of Defense: Protecting Family Assets and Privacy in an Era of Increasing Regulatory Oversight," Family Office Association Newsletter, 2010.
Mr. Unterman speaks frequently on the subjects of compliance & regulatory related matters. His most recent presentations include:
Mr. Unterman is admitted to practice in New York and to the U.S. Supreme Court.
Mr. Unterman received a J.D. degree from the University of Virginia School of Law in 1975 and B.A. degree, cum laude, from Colgate University in 1972.
The world of high finance is fraught with potentially perilous regulatory,...